Zhaoqing

Zhaoqing is located in center-western part of Guangdong Province, encompassing an area of 15,000 km2. It is an important transportation hub connecting the rest of Guangdong to the southwestern provinces within China. Owing to its abundant natural resources and picturesque landscapes, Zhaoqing is a popular local tourist destination. In regards to industrial developments, Zhaoqing is one of the top three centers for manufacturing finished aluminum products globally as well as an important production base of southern Chinese medicine.

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: 4,480,000
  • Population density (urban): 470 persons/km2

Source: China 2013 Statistical Yearbook (uses 2012 statistics)

Economy

  • Primary industry (percentage of GDP): RMB 3,331 million (7.8 percent)
  • Secondary industry (percentage of GDP): RMB 22,845 million (53.5 percent)
  • Tertiary industry (percentage of GDP): RMB 16,525 million (38.7 percent)
  • Total: RMB 42,700 million
  • Total retail sales of consumer goods: RMB 80,720 million
  • Total value of imports and exports: US$ 18,872 million
  • Fixed investment: RMB 85,040 million

Source: China 2013 Statistical Yearbook (uses 2012 statistics)

Business

  • Minimum monthly wage: RMB 1,110
  • Minimum hourly wage: RMB 11.1
  • Avg. annual wage of staff and workers: RMB 39,156

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

Road

The main roads of Zhaoqing are the expressways 321 and 324 and the Guang-Zhao and Guang-Wu roads. The city is only 70 minutes from Guangzhou. The government is heavily investing in infrastructure – specific projects include three major highways connecting Sanshui and Huaiji, Sihui and Zhaoqing, Zhaoqing and Jiangmen, as well as the Zhaoqing section of the Pan-Pearl River Delta Highway.

Railways

Direct train services connect the city to Guangzhou, Hong Kong and other major cities in Guangdong. The Sanmao Railway also runs through Zhaoqing. It is connected with Hong Kong via the KCRC Guangdong.

Air

Zhaoqing does not have its own airport but Guangdong’s main airport in Guangzhou, which is less than 100 kilometers away, is easily accessible by either road or rail. From there you can fly directly to every major city in China and Southeast Asia. Zhaoqing also has an express ferry service covering the 147 nautical mile journey to Hong Kong, which is home to one of the world’s busiest airports.

Ports and waterways

The government has invested its efforts in completing the Jingfengliang dam project and building a more easily accessible deep-water port. Xijiang River has the capacity to ship 3,000 tons of goods.

City infrastructure

With the construction of the Guangxi-Guangzhou expressway, Guangzhou-Foshan-Zhaoqing intercity rail transportation and the Guiyang-Guangzhou and Nanning-Guangzhou express railways, Zhaoqing is becoming an increasingly important transportation hub for the Pearl River Delta.

Low prices are a by-product of the relatively low income levels. The economy is sustained by tourism as much as industry. It is only a  four hour ferry ride from Hong Kong. In the last few years the city has witnessed steady economic growth and is becoming an attractive destination for foreign investors. Zhaoqing’s GDP was RMB 71.58 billion in 2008, an increase of 14 percent year-on-year.

Zhaoqing is an emerging industrial city. Although it cannot compare to cities like Shenzhen and Dongguan in terms of production scale and amount of foreign investment, it has established a sizable manufacturing sector with the food and beverage, building material, electronic and furniture industries among its pillar industries. Duanzhou, Gaoyao and Sihui areas are being developed as export-orientated industrial bases. Yunfu is a major area for the production of sulphur and iron.

Hong Kong has always been the biggest investor in Zhaoqing, particularly in the industrial sector but also in the high value-added agriculture, daily farming, hotel, infrastructure and properly development sectors. For example, New World Development has invested over RMB 1 billion in the construction of the 500 kilometer first-class city ring road in Zhaoqing.

The government focuses mainly on the development of the Zhaoqing National High-tech Industrial Development Zone. The government is also developing the Xijiang River Aisle Economic Development Trial Zone.

Zhaoqing National High-tech Industrial Development Zone

The Zhaoqing High-tech Industrial Development Zone was established in 1998 and became a development zone at national level in 2010. The zone is located in the east of Zhaoqing. The government continues to encourage science and development in the zone. The governmet will also try to speed up economic development by stimulating innovative and creative ideas which will expedite new industry developments. The four main industries within the zone are the e-information, medicine, advanced equipment and new material industries. 

Sihui Nanjiang Industrial Park

This park was established in 1998 with a planned area of 5 square kilometers. It is the convenient network of three rivers: Xijiang, Beijiang and Suijiang. The park, which is only 30 kilometers from Zhaoqing and 123 nautical miles from Hong Kong, is divided into a high-tech zone, a basic industry zone and a metalwork zone. 

 

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