Page 236 - 2015_WhitePaper_web
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5 White Paper on the Business Environment in China
describes the PRD region as an experimental area for scienti c Economic Development Goals for the PRD
development and calls for the creation of three super- (2009, 2012, 2020)
metropolitan areas, respectively, Guangzhou and Foshan,
Hong Kong and Shenzhen, and Macao and Zhuhai. Provided 2009 2012 2020
with greater autonomy, the PRD is expected to be at the
forefront of new economic patterns and achieve balanced GDP per capita RMB60,000 RMB80,000 RMB135,000
economic development between its urban and rural areas.
GDP from service sector 50% 53% 60%
e Plan also includes the following key goals:
Urbanization 76% 80% 85%
• Establish nancial centers in Guangzhou and
Shenzhen, as shown by projects such as the second Source: Outline of NDRC Development Plan for the PRD (2008)
board at the Shenzhen Securities Exchange and
construction of the Guangdong Financial and High- Major ongoing infrastructure developments include:
tech Services Zone.
• Zhongshan-Shenzhen passage across the Pearl River
• Improve infrastructure, and promote Guangdong as a estuary
world-class logistics center through the construction
of several hub-type modern logistics parks, including • Hong Kong-Zhuhai-Macao Bridge (scheduled for
those at Baiyun Airport, Bao’an Airport, Guangzhou completion by 2016)
Port and Shenzhen Port.
• Eastern passage between Shenzhen and Hong Kong
• Implement an “outward” strategy, by establishing 10 • Express railway from Guangzhou via Shenzhen to
native multinational corporations with annual sales
revenue of over US$ 20 billion by 2020. Hong Kong
• Guizhou-Guangzhou coastal railway and Nanning-
• Develop a series of specialized conventions and
exhibitions, including the Guangzhou Export Guangzhou railway
Commodities Fair, Shenzhen High-tech Fair, Zhuhai • Urban rail transit systems in Guangzhou, Shenzhen,
International Aviation and Aerospace Exhibition,
Guangzhou Small and Medium-Sized Enterprise Fair Foshan and Dongguan
and Shenzhen International Cultural Industries Fair. • Improvement to the modern functions of ports in
• Foster creative industry business clusters, including Guangzhou, Shenzhen and Zhuhai
the construction of a national base for the software • Expansion of Baiyun Airport in Guangzhou
and cartoon industries.
Joined by Hong Kong and Macau, the PRD aims to become
• Increase the innovative capacity of the region to realize a globally competitive area for the advanced manufacturing
the transformation from “Made in Guangdong” to and modern service industries by 2020, and the most
“Created by Guangdong” by 2020. vigorous economic zone in the entire Asia-Paci c region. In
the following, we break the region down by provinces/cities.
• Establish internationally in uential brands in Foshan
for home appliances and building materials, in
Dongguan for garments, in Zhongshan for lighting
and in Jiangmen for papermaking.
To reach these goals in the increasingly overcrowded
PRD region, the Guangdong provincial government recently
earmarked more than 672 billion yuan (US$109.75 billion)
to develop rural areas in the province over the next ve years.
e funds are to speci cally focus on infrastructure projects,
including a number of new links planned to better connect
the greater PRD and integrate it with the pan-PRD area.
236
describes the PRD region as an experimental area for scienti c Economic Development Goals for the PRD
development and calls for the creation of three super- (2009, 2012, 2020)
metropolitan areas, respectively, Guangzhou and Foshan,
Hong Kong and Shenzhen, and Macao and Zhuhai. Provided 2009 2012 2020
with greater autonomy, the PRD is expected to be at the
forefront of new economic patterns and achieve balanced GDP per capita RMB60,000 RMB80,000 RMB135,000
economic development between its urban and rural areas.
GDP from service sector 50% 53% 60%
e Plan also includes the following key goals:
Urbanization 76% 80% 85%
• Establish nancial centers in Guangzhou and
Shenzhen, as shown by projects such as the second Source: Outline of NDRC Development Plan for the PRD (2008)
board at the Shenzhen Securities Exchange and
construction of the Guangdong Financial and High- Major ongoing infrastructure developments include:
tech Services Zone.
• Zhongshan-Shenzhen passage across the Pearl River
• Improve infrastructure, and promote Guangdong as a estuary
world-class logistics center through the construction
of several hub-type modern logistics parks, including • Hong Kong-Zhuhai-Macao Bridge (scheduled for
those at Baiyun Airport, Bao’an Airport, Guangzhou completion by 2016)
Port and Shenzhen Port.
• Eastern passage between Shenzhen and Hong Kong
• Implement an “outward” strategy, by establishing 10 • Express railway from Guangzhou via Shenzhen to
native multinational corporations with annual sales
revenue of over US$ 20 billion by 2020. Hong Kong
• Guizhou-Guangzhou coastal railway and Nanning-
• Develop a series of specialized conventions and
exhibitions, including the Guangzhou Export Guangzhou railway
Commodities Fair, Shenzhen High-tech Fair, Zhuhai • Urban rail transit systems in Guangzhou, Shenzhen,
International Aviation and Aerospace Exhibition,
Guangzhou Small and Medium-Sized Enterprise Fair Foshan and Dongguan
and Shenzhen International Cultural Industries Fair. • Improvement to the modern functions of ports in
• Foster creative industry business clusters, including Guangzhou, Shenzhen and Zhuhai
the construction of a national base for the software • Expansion of Baiyun Airport in Guangzhou
and cartoon industries.
Joined by Hong Kong and Macau, the PRD aims to become
• Increase the innovative capacity of the region to realize a globally competitive area for the advanced manufacturing
the transformation from “Made in Guangdong” to and modern service industries by 2020, and the most
“Created by Guangdong” by 2020. vigorous economic zone in the entire Asia-Paci c region. In
the following, we break the region down by provinces/cities.
• Establish internationally in uential brands in Foshan
for home appliances and building materials, in
Dongguan for garments, in Zhongshan for lighting
and in Jiangmen for papermaking.
To reach these goals in the increasingly overcrowded
PRD region, the Guangdong provincial government recently
earmarked more than 672 billion yuan (US$109.75 billion)
to develop rural areas in the province over the next ve years.
e funds are to speci cally focus on infrastructure projects,
including a number of new links planned to better connect
the greater PRD and integrate it with the pan-PRD area.
236
