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Shaoxing ( Zhejiang ) City Information

Major Economic Indicators (2010)

Land Area (km2) 8,256
Population (million) 4.4
GDP (RMB billion) 278.27
GDP Composition
Primary Industry 5.3%
Secondary Industry
(Industry & Contruction)
56.9%
Tertiary Industry (Service) 37.8%
GDP Per Capita (RMB) 63,486
Unemployment Rate 3.5%
Fixed Asset Investment (RMB billion) 125.36
Utilized FDI (USD million) 953
Total Import & Export (USD million) 27,020
Export (USD million) 21,090
Import (USD million) 5,930
Sales of Consumer Goods (RMB billion) 85.29
Source Source: Shaoxing Economic and Social Development Report 2010

 

 
Introduction
 

Shaoxing is situated in the northeastern part of Zhejiang Province in the Yangtze River Delta. Lying on the mouth of the Qiantang River, it neigbors Hangzhou in the west, Ningbo in the east and Yiwu in the southwest. The city covers an area of 8,256 sq km and has a population of 4.4 million.

The city is only 120 km from Shanghai, the economic and financial hub of China. The two airports in Shanghai, Shanghai Pudong International Airport and Shanghai Hongqiao Airport, are within 1.5 hours’ drive, while Hangzhou Xiaoshan International Airport and Ningbo Lishe International Airport are within 1 hour’s drive. The Shanghai-Hangzhou-Ningbo Railway and The Shanghai-Hangzhou-Ningbo Highway traverse the city. The city also has convenient water transportation. Ningbo-Zhoushan Port, the second largest port in China in terms of container traffic in 2009, is 106 km away.

With its subtropical monsoon climate, the city enjoys warm, moist weather and has four distinct seasons. The average temperature is 16.5°C.

 
Economic Features
 
In 2010, the GDP of Shaoxing increased 11% from a year earlier to RMB 278.27 billion. Secondary industry, the largest contributor to the city's economy, contributed 56.9% of the city's GDP.

In 2010, value-added industrial output of the city amounted to RMB 141.43 billion. Shaoxing's major industries are textiles, machinery, pharmaceuticals and chemicals, and electronic information. Shaoxing is a traditional textile production hub. There are more than 60,000 firms engaged in the textile industry in Shaoxing. Huafu Group, Cifu Fiber, Tiansheng Holding and Yuandong Group are the leading textile products manufacturers in the city.

Hailiang Group, founded in 1989, is a company specializing in copper processing and nonferrous metal trading. In 2009, sales revenue of the company amounted to RMB 6.1 billion, net profits amounted to RMB 175 million.

The value-added output from the service sector rose 13.4% from the previous year to RMB 105.05 billion in 2010, making up 37.8% of the city's GDP, which is 1.1% higher than 2009. As a popular tourist destination, Shaoxing generated revenue of RMB 31.84 billion from the tourism industry, with a rise of 26.2% year on year.

Foreign trade value in Shaoxing increased 31.8% to US$27.02 billion in 2010. The export value increased 33.8% to US$21.09 billion, ranking third in Zhejiang. The top three export destinations are the U.S., Brazil, and Germany. In 2009, exports of textile and garments amounted to US$13.94 billion, about two third of the city's total export value.

Shaoxing attracted contractual investments of US$1.45 billion in 2010, while the utilized FDI in the city increased by 17.5% to US$953 million. Thailand-based Lotus and Japan-based Panasonic have established businesses in the city.
 
Cultural Highlights
 

With over 2,000 years of history, Shaoxing is one of China’s most well-known historical cities. It is the birthplace of many famous scholars or figures, such as Lu Xun and Cai Yuanpei. Lu Xun (1881-1936), whose real name was Zhou Shuren, was one of the most influential Chinese writers in the twentieth century. His literary works extended the influence of the May Fourth Movement, an anti-imperialist political movement growing out of the student demonstrations in Beijing on May 4, 1919. The present territory of Shaoxing is the site of the capital of the Yue Kingdom that existed during the Spring-and-Autumn Period (770 BC-476 BC). During the Ming and Qing Dynasties, it was a sub-prefecture. In 1981, it became a city.

 
Tourist Attraction
 

Shaoxing has rich tourism resources. The most recommendable scenic spots in the city include the former residence of Lu Xun, Shen Garden, the Orchid Pavilion, Kuaiji Mountain Scenic Area, and Keyan Scenic Resport. The well-preserved former residence of Lu Xun provides insight into the great Chinese writer’s daily life and allows glimpses of most of the buildings mentioned in his literary works.

Shaoxing Cuisine is a branch of Zhejiang Cuisine, which features tender, smooth and delicate flavors. The most popular dishes in Shaoxing are Fried Strong-smelling Preserved Bean-curd, Pickled Cucumber, Duck with Bean Sauce, and Chicken in Shaoxing Rice Wine.

 
Honors
 

National Model City for Environmental Protection (2002)
-Bureau of Environmental Protection of P.R. China

Historical and Cultural Cities (1982)
-State Council of P. R. China

Content provided by China Knowledge