16 Feb 2017
Cangzhou (Hebei) City Information
|Major Economic Indicators (2015)|
|Land Area (km2)||13,419|
|GDP (RMB billion)||332.1|
|GDP Per Capita (RMB)||N.A.|
|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
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
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