Page 436 - 2018 White Paper on the Business Environment in China
P. 436
8 White Paper on the Business Environment in China
such enterprises to locate elsewhere in the PRD or · Establish internationally influential brands in
further inland. Lastly, research and development, with Foshan for home appliances and building materials, in
government support, is also increasing in the region. Dongguan for garments, in Zhongshan for lighting, and
Together, these trends can be seen as indicative of a in Jiangmen for papermaking.
maturing economy.
Economic Development Goals for the PRD
Future Outlook (2009, 2012, 2020)
“The Outline of the Plan for the Reform and 2009 2012 2020
Development of the Pearl River Delta (2008-2020),”
put forward by the National Development and Reform GDP per capita RMB60,000 RMB80,000 RMB135,000
Commission (NDRC), describes the PRD region as an
experimental area for scientific development and calls GDP from 50 percent 53 percent 60 percent
for the creation of three super-metropolitan areas,
respectively, Guangzhou and Foshan, Hong Kong and service sector
Shenzhen, and Macao and Zhuhai. Provided with greater
autonomy, the PRD is expected to be at the forefront of Urbanization 76 percent 80 percent 85 percent
new economic patterns and achieve balanced economic
development between its urban and rural areas. Source: Outline of NDRC Development Plan for the PRD
(2008-2020)
The Plan also includes the following key goals:
To reach these goals in the increasingly overcrowded
· Establish financial centers in Guangzhou and PRD region, the Guangdong provincial government
Shenzhen, as shown by projects such as the second recently allocated more than RMB4.8 trillion (US$729
board at the Shenzhen Securities Exchange and billion) to develop infrastructure projects during the
construction of the Guangdong Financial and High-tech 13th Five Year Plan period. The funds are to specifically
Services Zone. focus on transportation projects, including a number
of new links planned to better connect the greater PRD
· Improve infrastructure, and promote Guangdong as and integrate it with the pan-PRD area. Major ongoing
a world-class logistics center through the construction of infrastructure developments include:
several hub-type modern logistics parks, including those
at Baiyun Airport, Bao’an Airport, Guangzhou Port and · Zhongshan-Shenzhen passage across the Pearl
Shenzhen Port. River estuary
· Implement an “outward” strategy, by establishing · Hong Kong-Zhuhai-Macao Bridge (scheduled for
10 native multinational corporations with annual sales operation by end of 2017)
revenue of over US$20 billion by 2020.
· Eastern passage between Shenzhen and Hong Kong
· Develop a series of specialized conventions · Urban rail transit systems in Guangzhou, Shenzhen,
and exhibitions, including the Guangzhou Export Foshan and Dongguan
Commodities Fair, Shenzhen High-tech Fair, Zhuhai · Improvement to the modern functions of ports in
International Aviation and Aerospace Exhibition, Guangzhou, Shenzhen and Zhuhai
Guangzhou Small and Medium-Sized Enterprise Fair and · Expansion of Baiyun Airport in Guangzhou
Shenzhen International Cultural Industries Fair.
Joined by Hong Kong and Macao, the PRD aims to
· Foster creative industry business clusters, including become a globally competitive area for the advanced
the construction of a national base for the software and manufacturing and modern service industries by 2020,
animation industries. and the most vigorous economic zone in the entire Asia-
Pacific region. In the following, we break the region
· Increase the innovative capacity of the region to down by provinces/cities.
realize the transformation from “Made in Guangdong” to
“Created by Guangdong” by 2020.
436
such enterprises to locate elsewhere in the PRD or · Establish internationally influential brands in
further inland. Lastly, research and development, with Foshan for home appliances and building materials, in
government support, is also increasing in the region. Dongguan for garments, in Zhongshan for lighting, and
Together, these trends can be seen as indicative of a in Jiangmen for papermaking.
maturing economy.
Economic Development Goals for the PRD
Future Outlook (2009, 2012, 2020)
“The Outline of the Plan for the Reform and 2009 2012 2020
Development of the Pearl River Delta (2008-2020),”
put forward by the National Development and Reform GDP per capita RMB60,000 RMB80,000 RMB135,000
Commission (NDRC), describes the PRD region as an
experimental area for scientific development and calls GDP from 50 percent 53 percent 60 percent
for the creation of three super-metropolitan areas,
respectively, Guangzhou and Foshan, Hong Kong and service sector
Shenzhen, and Macao and Zhuhai. Provided with greater
autonomy, the PRD is expected to be at the forefront of Urbanization 76 percent 80 percent 85 percent
new economic patterns and achieve balanced economic
development between its urban and rural areas. Source: Outline of NDRC Development Plan for the PRD
(2008-2020)
The Plan also includes the following key goals:
To reach these goals in the increasingly overcrowded
· Establish financial centers in Guangzhou and PRD region, the Guangdong provincial government
Shenzhen, as shown by projects such as the second recently allocated more than RMB4.8 trillion (US$729
board at the Shenzhen Securities Exchange and billion) to develop infrastructure projects during the
construction of the Guangdong Financial and High-tech 13th Five Year Plan period. The funds are to specifically
Services Zone. focus on transportation projects, including a number
of new links planned to better connect the greater PRD
· Improve infrastructure, and promote Guangdong as and integrate it with the pan-PRD area. Major ongoing
a world-class logistics center through the construction of infrastructure developments include:
several hub-type modern logistics parks, including those
at Baiyun Airport, Bao’an Airport, Guangzhou Port and · Zhongshan-Shenzhen passage across the Pearl
Shenzhen Port. River estuary
· Implement an “outward” strategy, by establishing · Hong Kong-Zhuhai-Macao Bridge (scheduled for
10 native multinational corporations with annual sales operation by end of 2017)
revenue of over US$20 billion by 2020.
· Eastern passage between Shenzhen and Hong Kong
· Develop a series of specialized conventions · Urban rail transit systems in Guangzhou, Shenzhen,
and exhibitions, including the Guangzhou Export Foshan and Dongguan
Commodities Fair, Shenzhen High-tech Fair, Zhuhai · Improvement to the modern functions of ports in
International Aviation and Aerospace Exhibition, Guangzhou, Shenzhen and Zhuhai
Guangzhou Small and Medium-Sized Enterprise Fair and · Expansion of Baiyun Airport in Guangzhou
Shenzhen International Cultural Industries Fair.
Joined by Hong Kong and Macao, the PRD aims to
· Foster creative industry business clusters, including become a globally competitive area for the advanced
the construction of a national base for the software and manufacturing and modern service industries by 2020,
animation industries. and the most vigorous economic zone in the entire Asia-
Pacific region. In the following, we break the region
· Increase the innovative capacity of the region to down by provinces/cities.
realize the transformation from “Made in Guangdong” to
“Created by Guangdong” by 2020.
436
