Foshan

Foshan

Foshan, which means the "Budda Hill",  is located at the center of the Guangdong province, encompassing an area of about 3,860 km². It is the third largest city in Guangdong Province after Guangzhou and Shenzhen. Its administrative body is divided into five administrative districts: Chancheng District, Nanhai District, Shunde District, Sanshui District and Gaoming District. Since the Reform and Opening Policy in 1978, Foshan has undertaken rapid urbanization and industrialization. Known for its textiles, pharmaceuticals and ceramics industries, Foshan is currently the third largest industrial production base and the largest manufacturing base of home electrical appliances in China. 

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Information presented on this page are introductory business intelligence on the respective region, and thus it cannot serve as a substitute for official information released by government agencies or similar institutions. For the most up-to-date information, please refer to the information sources or speak to a Dezan Shira & Associates representative. 

General

  • Population: 7,260,000
  • Population density (urban): 1877 persons/km2

Source: China 2013 Statistical Yearbook (uses 2012 statistics)

Economy

  • Primary industry (percentage of GDP): RMB 1,755 million (1.9 percent)
  • Secondary industry (percentage of GDP): RMB 57,743 million (62.5 percent)
  • Tertiary industry (percentage of GDP): RMB 32,890 million (35.6 percent)
  • Total: RMB 92,388 million
  • Total retail sales of consumer goods: RMB 201,950 million
  • Total value of imports and exports: US$61,060 million
  • Fixed investment: RMB 212,830 million

Source: China 2013 Statistical Yearbook (uses 2012 statistics)

Business

  • Minimum monthly wage: RMB 1,310
  • Minimum hourly wage: RMB 12.5
  • Avg. annual wage of staff and workers: RMB 46,203

Sources: Local Labor Bureau and Social Insurance Bureau (2013)

Road

Foshan is 231 kilometers away from Hong Kong and 143 kilometers from Macao. The Guangzhou-Dongxin expressway that connects Foshan, Guangzhou and the Nasha Port was built in 2010.     

Subway

The Foshan subway network has one line with several more in the planning and construction phase. Built in November 2010, Guangzhou-Foshan inter-city subway (Guangfo Line) is the first intercity underground rail in China, linking the centers of Guangzhou and Foshan in one hour.            

Air

Foshan has a small regional airport named Shati Airport that handles over 1 million passengers each year. It is the second home base for China United Airlines servicing national routes with 20 major cities including Beijing, Hangzhou, Lianyungang, Sanya (Hainan Island) and Yulin.

For international flights Foshan is less than 1 hour by car from Baiyun Ariport in Guangzhou, which is the second busiest airport in China.

City infrastructure

The proximity to Guangzhou allows Foshan to profit from the infrastructure of Guangzhou Nansha Port. Nansha Port is the largest sea and freight logistics center in southern China. There are five customs checkpoints and 17 foreign trade ports of which four are passenger terminals and 11 are container terminals. It offers several daily passenger and freight sailings to Hong Kong.

In 2012 the city implemented a three-year plan that assigned "strategic importance" to the new generation IT, new energy, biomedicine, flat panel display, automobile, semiconductor lighting and modern service industries as well as a number of traditional industries including equipment manufacturing and household appliances.

The local government aims to invest 112.2 billion yuan in 103 major new infrastructure projects by 2015 in order to upgrade the aging downtown areas and public facilities.

Foshan government is proactive and encourages foreign direct investment. For example, more than 20 German enterprises dedicated to design and industrial services signed an agreement to cooperate with Foshan New Town in 2012. Many multinational companies have set up subsidiaries in Hong Kong to support their investment projects in Foshan. Companies such as Toshiba and Panasonic have a significant presence in the city.

Hong Kong is well-positioned to support foreign-invested enterprises (FIEs) operating in Foshan, acting as an intermediary to introduce advanced production technology and equipment to Foshan.

Guangdong has designated Foshan, Guangzhou and Shenzhen as the three key production centers for various types of machinery and equipment. Foshan has 10 industrial parks and development zones, all of which are backed by supporting facilities with different strength and priorities. The key development zones are listed below.

Foshan High-Tech Industrial Development Zone

Foshan High-Tech Industrial Development Zone was approved by the State Council in December 1992. The zone’s main industries are electronics and information technology, optics-machinery-electronics integration technology, biological engineering technology and new material technology.

The Science and Technology Industrial Park within the Foshan National High-Tech Industrial Development Zone was established in June 2003. By the end of 2007, the park already had 586 firms based within it. The park is more than 45 square kilometers in size and includes three districts, Daliang, Ronggui and Xingtan, that are closely connected by the Desheng Bridge, Rongqi Bridge and the newly-built Gaozan Bridge. This development zone is dedicated to electronics, pharmaceuticals, auto parts and home appliances. 

Foshan New Port

Located inside the Foshan High-Tech Industrial Development Zone, Foshan New Port is a river port and has no direct ocean routes. Cargo can be delivered from Foshan to foreign countries via Hong Kong, Guangzhou Nansha Port, Huangpu Port and Shenzhen Yantian Port.

Events

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