Monday, December 6, 2010

Hefei- One Of China's Fastest Growing Cities

Hefei is the capital of Anhui province, China. Rising costs of living in Shanghai and other major cities in the Yangtze River Delta, means that Hefei is now being seen as an alternative location for business.
Some facts about Hefei:
- GDP has grown at double digits for more than 20 years
- Coca Cola has a plant in Hefei
- It is only 130km west of Nanjing,
- Major supplier of Shanghai's farmed fresh water fish
Transport to Hefei includes four superhighways, and three national railway lines. Hefei Luogang Airport is only 12 kilometers south of the city, handling 1.5 million travellers annually.

 Hefei has received foreign investment from Hitachi, McDonalds and Carrefour, and the main industries are;
  • Auto
  • Equipment manufacturing
  • home appliances
  • Chemicals
  • IT and software
  • Biotech
  • New medicine
  • New materials
  • Food and agricultural processing
The city is considered one of the four main "science and education bases"in China with over 200,000 scientific and technological personnel, more than 190 research institutes and 358 different kinds of research and development institutes. It is second only to Beijing in terms of key national scientific projects and national level laboratories.