Doing Business with China
Overview
Located in the south-east of Zhejiang Province on China's south- eastern seaboard, Wenzhou faces the East China Sea in the east and has a coastline of 355 kilometres. With its location at the north of the Oujiang River, Wenzhou is a natural harbour. It has a total area of 11,784 kilometres and a population of 7.558 million. Major economic indicators are shown in Table 7.39.1.
| Item | 2000 | 2001 |
|---|---|---|
| Population (millions) | 7.558 | |
| Gross domestic product (billion RMB) | 83.1 | 93.322 |
| GDP per capita (thousand RMB) | 11.358 | 12.653 |
| Disposable income per capita (thousand RMB) | ||
| Urban residents | 12.055 | 4.296 |
| Rural residents | 13.2 | 4.683 |
| Savings (billion RMB) [*] | 92.77 | 112.9 |
| Investment in fixed assets (billion RMB) | 26.53 | 32.87 |
| Value-added of primary industry (billion RMB) | 5.53 | 5.72 |
| Value-added of secondary industry (billion RMB) | 47 | 52.83 |
| Value-added of tertiary industry (billion RMB) | 30.56 | 34.77 |
| Total retail sales of consumer goods (billion RMB) | 39.79 | 43.85 |
| Source: Wenzhou Statistical Bulletin on National Economy and Social Development, 2000 and 2001 Note: Figures are preliminary and unadjusted. | ||
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[*] Both institutional and private savings | ||