Hangzhou Investment Environment Study 2007
Publisher: KMPG | ISBN: N/A | edition 2007 | PDF | 28 pages | 2,4 mb
This publication presents an overview of matters to be considered by those thinking of investing in Hangzhou, the capital of Zhejiang Province in eastern China.
The Yangtze River Delta (YRD) has developed at an unprecedented pace in the past 20 years and is one of China’s major economic growth engines. Thanks in part to its unique geographical advantages, it continues to have a higher than average GDP growth rate.
Hangzhou has grown rapidly since China’s opening-up in the late 1970s, and has consistently experienced double-digit growth for the past 16 years. The gross economic output has ranked second among all provincial capitals in China for many years, and its overall competitiveness ranks fifth among Chinese cities.