21 March 2017
Hefei (Anhui) City Information
|Major Economic Indicators (2015)|
|Land Area (km2)||11,408|
|GDP (RMB billion)||566.0|
|GDP Per Capita (RMB)||73,102|
|Retail Sales of Consumer Goods (RMB billion)||218.4|
|Utilised FDI (USD million)||2,507|
|Exports (USD million)||13,712|
|Imports (USD million)||6,619|
Source: Anhui Statistical Yearbook 2016
Hefei, capital of the Anhui Province, ranked as the 35th most competitive city in China in 2016 according to the Chinese Academy of Social Sciences. It serves as the political, economic, financial and commercial hub of the province.
Hefei also plays an important role in linking central China with the coastal region in light of the new proposed plan for expansion of the Yangtze River Delta.
Hefei lies between the Yangtze River and the River Huai. It is designated as a national hub in MOFCOM’s development plan (2015-2020) of distributive trade and logistics. The new Beijing-Fuzhou Express Railway also stops at Hefei.
Hefei has the largest industrial base in the province. Its pillar industries include auto part manufacturing, equipment manufacturing, home appliances, new materials, IT, food and agricultural processing, and new energy. The industry sector accounted for 42% of the GDP in 2015.
Major Industrial Parks / Development Zones
1. Hefei Economic and Technological Development Area
Target industries: Household electronics, automobiles, equipment manufacturing, chemical engineering, food processing, micro-electronics, bio-medicine, residence industrialization
Major investors: Coca-Cola, Hitachi Excavators, Mitsubishi Heavy Industries, Fuchs Lubricants, Chia Tai Fodder, Anhui TCM Forklift, Jianghuai Auto, GT Tires, Haier
2. Hefei High-tech Industrial Development Zone
Target industries: Information technology, bio-engineering and medicine, new materials, advanced machinery, optical-mechanical-electronic integration
Major investors: Maytag, Royalstar, Sanyo, Toyota, Mitsubishi, ABB, Hyundai, Midea
3. Hefei Xinzhan General Pilot Zone
Target industries: Timber processing, light industry, agricultural products processing
Major investors: Longfei Trade Corp, Longzhu Copper Corp, Shuangxing Wood Product Corp, Heihe Building Material Corp