4 Nov 2016
Suizhou (Hubei) City Information
|Major Economic Indicators (2015)|
|Land Area (km2)||9,636|
|GDP (RMB billion)||78.5|
|GDP Per Capita (RMB)||35,901|
|Retail Sales of Consumer Goods (RMB billion)||39.96|
|Utilised FDI (USD million)||114|
|Exports (USD million)||1,178|
|Imports (USD million)||228|
Source: Hubei Statistical Yearbook 2016
Suizhou is seated in the northern part of the Hubei Province.
Transportation in Suizhou is convenient. Numerous highways and railways run through the city, connecting the city with other major cities in China. Suizhou is also accessible by air. Wuhan Tianhe Airport, located about 150 km from Suizhou, offers over 20 domestic routes.
Suizhou is a major mushroom export base in China and a major honey date production hub in the Hubei Province.
Autos and auto parts, electronics, textiles and pharmaceuticals are the pillar industries in Suizhou. Suizhou has attracted investments from large domestic enterprises, such as Dongfeng Auto Group (production units of sprinkling trucks, fuel tank vehicles, and garbage trucks), Wuhan Jianmin Pharmaceuticals and Ningbo Bird, a leading domestic mobile phone maker.
Suizhou also attracted foreign investors. HSBC, the first international bank to enter China's rural market, opened its first rural bank in China in Suizhou in 2007.
Suizhou has a large service sector due mainly to its tourism industry. With a history of more than 5,000 years, the city has many historical landmarks, such as the Bronze Chime Bells of the Warring States Period. The historical sites had been expanded into a modern city and become a major tourist attraction.