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Cangzhou (Hebei) City Information

Major Economic Indicators (2015)
Land Area (km2)13,419
Population (million)7.44
GDP (RMB billion)332.1
GDP Per Capita (RMB)N.A.
GDP Composition
     Primary Industry9.6%
     Secondary Industry49.6%
     Industry44.5%
     Tertiary Industry40.8%
Retail Sales of Consumer Goods (RMB billion)110.9
Utilised FDI (USD million)401
Exports (USD million)2,142
Imports (USD million)613

Source: Hebei Economic Yearbook 2016


General Introduction

Cangzhou is situated in the southeastern part of the Hebei Province. It ranked the 57th most competitive city in China in 2014 according to the Chinese Academy of Social Sciences.

Highways and railways connect Cangzhou with Shanghai, Beijing and other major cities in China. Huanghua Port, one of the three major ports in Hebei, is designated as a regional sea port in Hebei. It is also the major energy-exporting port in China.

The industry sector accounted for 45% of the GDP in 2015. Petrochemicals, pipe equipments and machinery are the major industries in the city. Other industries include textiles and food.

Cangzhou has rich oil and gas resources, attracting relevant enterprises to start business there. Sinopec Cangzhou Oil Refinery Plant, a unit under China's oil giant Sinopec, is an example of oil refiner in Cangzhou.

Major Industrial Parks / Development Zones

1. Cangzhou High-tech Industrial Development Zone

Target industries: Advanced equipment, new materials, energy saving and environmental protection

Website: www.czgxq.gov.cn

2. Cangzhou Coastal-Port Economic and Technological Development Zone

Target industries: Petrochemicals, equipment manufacturing, logistics, new materials, energy

Major investors: Air Liquide Group, AP, ChemChina, China Resources, Jizhong Energy Group

Website: www.czcip.gov.cn

 

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Content provided by Picture: HKTDC Research