Page 90 - 2019 White Paper on the Business Environment in China
P. 90
% of GDP Shenzhen
2019 WSNhooituteerc:PeDa:opGmeureaosntngicdteohxnepgoBBrutussrienfoaerusHsoofEnnSgtvaiKrtoiosnntigmc,s,eaWsntoinfind20C1h7ina
Zhuhai
FFiigu1re01Z0h|uZhhauihaani danDdoDnognggugauannaarreemmaajor recippiieennttssooff Guangzhou
foreign invesfotmreeignnt investment
Leader in Industrial Upgrade
Foreign direct investment
GBA ex. HK and Macau
Zhuhai SubsequNeantiotntaol the rising production cost in labor
income and land price, industries in the coastal cities
ward facing econDoonmgguyan of the GBA have 5a0lso5b5ee60n u6p5g7ra0d7in5g8t0he85pro90du9c5ti1o0n0 %
Shenzhen pLoertafodleiorininpuinrsduuitsPotrfirvhaiatieglhuepr gFmorraeariggdnines. SpSteatcei-foiwcnaelldy,
Huizhou Shenzhen has transitioned from an industrial to a
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EmphasisGouanngeznhtoruepreneurship and the private mSuabinsepqruoedntutcotsthoefrDisoinnggpgroudaunctaionndcZohstuihnalai bhoarvienccohmaenagnedd Figure 13 |
sector Jiangmen flraonmd plraicbeo, rinidnutsetnriseisvien pthreocdouacsttsalscuitciehs aofstshheoGeBsAahnadvetoalysso
tboeemnourpegraaddvinagntcheedprcoadpuicttaiol ninptoerntfsoilvioeinpprourdsuuicttosfshuigchheras Hong K
ted Zhaoqing mmoarbgiilnes.phones and biomedical products, respectively. Ma
nton Meanwhile, the share of the private sector in fixed asset MSpeeacnifwicahlilyle, S, hmenozrheeinnhlaans dtracnistiiteiosnseudcfrhomasanHiunidzuhsotruialand
na investment is aFlsooshhaingher in the GBA, especially when foreign Ztohaaosqeirnvgicec-oonriteinntueed tcoityhaanved aa tseucbhsntoalnogtiyalhpurbi,mwahriylestehcetor. Guangz
nine investmentZihsoanlsgoshianncluded. The combined share is close Shenz
% of tGoB9A0e%x.inHKciatineds Mthaactauare notable production hubs such as main products of Dongguan and Zhuhai have changed from Dongg
Zhu
Foshan, ZhonNgsahtiaonnaalnd Dongguan. The share of state-owned labor intensive products such as shoes and toys to more
Zhongs
gn direct enterprises (SOEs) is m0uch 1lowe2r, at 231.2%4 com5pare6d to t7he 8 advanced capital intensive products such as mobile phones
ment. national average at 35.7%. Of the mor%e othf aGnDP100 giant SOEs and biomedical products, respectively. Meanwhile, more
to as
China’s NTcbtNShaoaoooanisutwtteertec:rdwa:eoF:nFaDilnGlDsI,euiandthIahcsniidlsenugotiddcrorfeoeler2suncgigi0cdtnilaoB1veyelun6slsbyr.teiymTnaduehtrvhnioievstefsefSrtrnCteomaemfmtleniesHonttciorcrttanses,gflrWbaGKoynioonmnvdeegenc,HrotMnronaemnocpamgerueniaKnctno,edeonunTngravsil,wiyhrMaoifnpona;umtachrsaeaoaonnfrt2ea0n16d inland cities such as Huizhou and Zhaoqing continue to have a
REB and 10 SsGtoauutaerncgiend:oitGniagu-tHaivonengsg.dKoonngg-MBaucraeuaGureoafteSrtBaatyisAtircesa,–WWienlld-poised for success
substantial primary sector.
riented FFiiggur1e11G1 B| GABiAs disridvreivnenmmoroerebbyyeennttrreepprreenneeuurrsshhipipthtahnan FFiiggur1e212G|BGABAh ahsaseevvoollvveeddtot obebcoemc oe ma heigah-hteicghh - t e c h Jiangm
state initiastitvaetse initiatives industrial cienndtuesrtrial centre
Huiz
Fixed asset investment Vauled-added of high-tech industry Fos
Shenzhen
Foshan Zhaoq
Huizhou GBA aver
Zhongshan National aver
Huizhou Dongguan
Zhaoqing Zhuhai Note: As of 20
Dongguan Zhongshan Source: Guang
Jiangmen Guangzhou
0 90 100 Shenzhen
Zhaoqing
Zhuhai Jiangmen
Guangzhou Foshan
nts of
GBA ex. HK and Macau GBA ex. HK and Macau
National
50 55 60 65 70 75 80 85 90 95 100 % National 10 20 30 40 50 60 70
0 % of total VAI
Private Foreign State-owned
NSNoooutetrc:eeF::oFGreDuigaInniginndvocenlsugtmdBueernsetaiinuncvolufedSsettasmtHisoetinncgst,KWforinongdm, MaHcoaunagndKToainwgan,,Masaocf a20o1a6 nd NSNoooutterec:eA::AsGosufao2nf0g12d6o0n1g6Bureau of Statistics, Wind
Taiwan, as of 2016 Source: Guangdong Bureau of Statistics, Wind
Source: Guangdong Bureau of Statistics, Wind
78
as of 2016
90
r success
2019 WSNhooituteerc:PeDa:opGmeureaosntngicdteohxnepgoBBrutussrienfoaerusHsoofEnnSgtvaiKrtoiosnntigmc,s,eaWsntoinfind20C1h7ina
Zhuhai
FFiigu1re01Z0h|uZhhauihaani danDdoDnognggugauannaarreemmaajor recippiieennttssooff Guangzhou
foreign invesfotmreeignnt investment
Leader in Industrial Upgrade
Foreign direct investment
GBA ex. HK and Macau
Zhuhai SubsequNeantiotntaol the rising production cost in labor
income and land price, industries in the coastal cities
ward facing econDoonmgguyan of the GBA have 5a0lso5b5ee60n u6p5g7ra0d7in5g8t0he85pro90du9c5ti1o0n0 %
Shenzhen pLoertafodleiorininpuinrsduuitsPotrfirvhaiatieglhuepr gFmorraeariggdnines. SpSteatcei-foiwcnaelldy,
Huizhou Shenzhen has transitioned from an industrial to a
SNsooeuterrc:veFi:ocGreeuiga-nnogirndivoeennsgttmBeuedrnetaciunictolyuf dSeatasntHidsotincags,KtWoeinncgdh, Mnaocalou ganyd Thauiwban, ,washoifl2e01th6e
EmphasisGouanngeznhtoruepreneurship and the private mSuabinsepqruoedntutcotsthoefrDisoinnggpgroudaunctaionndcZohstuihnalai bhoarvienccohmaenagnedd Figure 13 |
sector Jiangmen flraonmd plraicbeo, rinidnutsetnriseisvien pthreocdouacsttsalscuitciehs aofstshheoGeBsAahnadvetoalysso
tboeemnourpegraaddvinagntcheedprcoadpuicttaiol ninptoerntfsoilvioeinpprourdsuuicttosfshuigchheras Hong K
ted Zhaoqing mmoarbgiilnes.phones and biomedical products, respectively. Ma
nton Meanwhile, the share of the private sector in fixed asset MSpeeacnifwicahlilyle, S, hmenozrheeinnhlaans dtracnistiiteiosnseudcfrhomasanHiunidzuhsotruialand
na investment is aFlsooshhaingher in the GBA, especially when foreign Ztohaaosqeirnvgicec-oonriteinntueed tcoityhaanved aa tseucbhsntoalnogtiyalhpurbi,mwahriylestehcetor. Guangz
nine investmentZihsoanlsgoshianncluded. The combined share is close Shenz
% of tGoB9A0e%x.inHKciatineds Mthaactauare notable production hubs such as main products of Dongguan and Zhuhai have changed from Dongg
Zhu
Foshan, ZhonNgsahtiaonnaalnd Dongguan. The share of state-owned labor intensive products such as shoes and toys to more
Zhongs
gn direct enterprises (SOEs) is m0uch 1lowe2r, at 231.2%4 com5pare6d to t7he 8 advanced capital intensive products such as mobile phones
ment. national average at 35.7%. Of the mor%e othf aGnDP100 giant SOEs and biomedical products, respectively. Meanwhile, more
to as
China’s NTcbtNShaoaoooanisutwtteertec:rdwa:eoF:nFaDilnGlDsI,euiandthIahcsniidlsenugotiddcrorfeoeler2suncgigi0cdtnilaoB1veyelun6slsbyr.teiymTnaduehtrvhnioievstefsefSrtrnCteomaemfmtleniesHonttciorcrttanses,gflrWbaGKoynioonmnvdeegenc,HrotMnronaemnocpamgerueniaKnctno,edeonunTngravsil,wiyhrMaoifnpona;umtachrsaeaoaonnfrt2ea0n16d inland cities such as Huizhou and Zhaoqing continue to have a
REB and 10 SsGtoauutaerncgiend:oitGniagu-tHaivonengsg.dKoonngg-MBaucraeuaGureoafteSrtBaatyisAtircesa,–WWienlld-poised for success
substantial primary sector.
riented FFiiggur1e11G1 B| GABiAs disridvreivnenmmoroerebbyyeennttrreepprreenneeuurrsshhipipthtahnan FFiiggur1e212G|BGABAh ahsaseevvoollvveeddtot obebcoemc oe ma heigah-hteicghh - t e c h Jiangm
state initiastitvaetse initiatives industrial cienndtuesrtrial centre
Huiz
Fixed asset investment Vauled-added of high-tech industry Fos
Shenzhen
Foshan Zhaoq
Huizhou GBA aver
Zhongshan National aver
Huizhou Dongguan
Zhaoqing Zhuhai Note: As of 20
Dongguan Zhongshan Source: Guang
Jiangmen Guangzhou
0 90 100 Shenzhen
Zhaoqing
Zhuhai Jiangmen
Guangzhou Foshan
nts of
GBA ex. HK and Macau GBA ex. HK and Macau
National
50 55 60 65 70 75 80 85 90 95 100 % National 10 20 30 40 50 60 70
0 % of total VAI
Private Foreign State-owned
NSNoooutetrc:eeF::oFGreDuigaInniginndvocenlsugtmdBueernsetaiinuncvolufedSsettasmtHisoetinncgst,KWforinongdm, MaHcoaunagndKToainwgan,,Masaocf a20o1a6 nd NSNoooutterec:eA::AsGosufao2nf0g12d6o0n1g6Bureau of Statistics, Wind
Taiwan, as of 2016 Source: Guangdong Bureau of Statistics, Wind
Source: Guangdong Bureau of Statistics, Wind
78
as of 2016
90
r success
