Yangtze River Delta Economic Zone
Encyclopedia
Yangtze River Delta Economic Zone or Yangtze River Delta Economic Region is an economic region in China that encompasses Shanghai
municipality, Zhejiang
and Jiangsu
province.
The region accounts for 20 percent of China's Gross Domestic Product and is responsible for one third of its imports and exports.
They are Shanghai, Nanjing, Suzhou, Wuxi, Changzhou, Yangzhou, Zhenjiang, Nantong, Taizhou, Hangzhou, Ningbo, Huzhou, Jiaxing, Shaoxing, Zhoushan and Taizhou.
The region already accounts for 4.66 trillion yuan (682.21 billion U.S. dollars) in 2007, up 15.2 percent year on year. Its forecasted GDP in the delta would hit 15.95 trillion yuan by 2020, based on the annual growth rate of 11 percent. .
Shanghai predominates in the finance, banking, property, automobiles and logistics industries. Suzhou is a strong manufacturing base for foreign companies. Nanjing is a hub for the automobile industry, electronics, education, energy, iron and steel industries. Ningbo is a growing economic port which provides import and export routes for neighboring provincial cities.
and Port of Ningbo
. The Port of Shanghai is the world's busiest port in 2007, handling over 492.3 million tons of container freight. The Port of Ningbo is the fourth busiest with 473.4 million tons of container freight handled in 2007. The main ports that operate in the Yangzte River Economic Zone include the Port of Shanghai, Port of Ningbo and Port of Nanjing.
Shanghai
Shanghai is the largest city by population in China and the largest city proper in the world. It is one of the four province-level municipalities in the People's Republic of China, with a total population of over 23 million as of 2010...
municipality, Zhejiang
Zhejiang
Zhejiang is an eastern coastal province of the People's Republic of China. The word Zhejiang was the old name of the Qiantang River, which passes through Hangzhou, the provincial capital...
and Jiangsu
Jiangsu
' is a province of the People's Republic of China, located along the east coast of the country. The name comes from jiang, short for the city of Jiangning , and su, for the city of Suzhou. The abbreviation for this province is "苏" , the second character of its name...
province.
The region accounts for 20 percent of China's Gross Domestic Product and is responsible for one third of its imports and exports.
Defined Region
The Yangtze River Delta (YRD) economic zone refers to 16 cities in Shanghai, southern Jiangsu, eastern and northern Zhejiang.They are Shanghai, Nanjing, Suzhou, Wuxi, Changzhou, Yangzhou, Zhenjiang, Nantong, Taizhou, Hangzhou, Ningbo, Huzhou, Jiaxing, Shaoxing, Zhoushan and Taizhou.
Economy
The Yangtze River Delta Economic Zone is dominated by Shanghai which is mainland China's financial center, as well as by other important economic hubs like the cities of Nanjing, Suzhou, Hangzhou, Ningbo and Xuzhou. The vast interior of the Yangtze River Delta is heavily industrialized with advanced transport infrastructure such as highways, expressways, airports and ports.The region already accounts for 4.66 trillion yuan (682.21 billion U.S. dollars) in 2007, up 15.2 percent year on year. Its forecasted GDP in the delta would hit 15.95 trillion yuan by 2020, based on the annual growth rate of 11 percent. .
Shanghai predominates in the finance, banking, property, automobiles and logistics industries. Suzhou is a strong manufacturing base for foreign companies. Nanjing is a hub for the automobile industry, electronics, education, energy, iron and steel industries. Ningbo is a growing economic port which provides import and export routes for neighboring provincial cities.
Transport
The transport infrastructure in the YRD Economic Zone is highly developed. The region served as the vast industrial and economic hinterland for Ningbo and Shanghai which is the biggest seaport on mainland China.Air
The economic area is serviced mainly through the airports in Shanghai, Nanjing, Hangzhou and Ningbo. There are plans for Suzhou to have an airport.Railway
The Chinese government plans to build build five major railways in the Yangtze River Delta economic zone. This includes three inter-city railways, namely, Shanghai-Nanjing railway, Nanjing-Hangzhou railway and Shanghai-Hangzhou railway. The other two railways are the Shanghai-Nantong railway, and the Ningbo-Taizhou-Wenzhou railway.Sea
The waterways in the YRD are the most important in eastern China. Two of the busiest ports in China are located in this region. They are the Port of ShanghaiPort of Shanghai
The Port of Shanghai, located in the vicinity of Shanghai, comprises a deep-sea port and a river port.In 2010, Shanghai port overtook Singapore port to become the world's busiest container port...
and Port of Ningbo
Port of Ningbo
Port of Ningbo is one of the most important and busiest ports in mainland China. It is located on the rich coastal province of Zhejiang. The port is at the crossroad of the north-south shipping route and the important waterway of the Yangtze River...
. The Port of Shanghai is the world's busiest port in 2007, handling over 492.3 million tons of container freight. The Port of Ningbo is the fourth busiest with 473.4 million tons of container freight handled in 2007. The main ports that operate in the Yangzte River Economic Zone include the Port of Shanghai, Port of Ningbo and Port of Nanjing.
See also
- Pearl River Delta Economic ZonePearl River Delta Economic ZoneThe Pearl River Delta Economic Zone , which consists of Guangzhou, Shenzhen, Dongguan, Foshan, Zhongshan, Zhuhai, Jiangmen, and parts of Huizhou and Zhaoqing, has been the most economically dynamic region of the Chinese Mainland since the launch of China's reform programme in 1979.The 2008-20...
- Bohai Economic RimBohai Economic RimThe Bohai Economic Rim or BER or Bohai Bay Economic Rim is a term used to describe the economic hinterland surrounding Beijing and Tianjin. It also includes areas in Hebei, Liaoning and Shandong which surrounds the Bohai Sea. This region has gone through major changes in economic and infrastructures...
- Northeast China Revitalization
- China Western DevelopmentChina Western DevelopmentChina Western Development , also China's Western Development, Western China Development, Great Western Development Strategy, or the Open Up the West Program is a policy adopted by the People's Republic of China to boost its less developed western regions.The policy covers 6 provinces , 5 autonomous...
- Rise of Central China Plan
- Economy of the People's Republic of ChinaEconomy of the People's Republic of ChinaThe People's Republic of China ranks since 2010 as the world's second largest economy after the United States. It has been the world's fastest-growing major economy, with consistent growth rates of around 10% over the past 30 years. China is also the largest exporter and second largest importer of...