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Business
Print Edition> Business
UPDATED: March 11, 2013 NO. 11 MARCH 14, 2013
Zhuhai—A Pearl of Development
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Performance by China Airforce at the China International Aviation and Aerospace Exhibitions (COURTESY OF ZHUHAI CPC COMMITTEE PUBLICITY DEPARTMENT)

Located in the southeastern part of Guangdong Province and on the west bank of the Pearl River estuary, Zhuhai borders Hong Kong to the east and Macao to the south. As early as 1980, it was one of the country's first four special economic zones. With picturesque landscapes dotted with green mountains and clear water, Zhuhai is widely known as "the city of a hundred islands."

Its transportation network­—which is made up of the Zhuhai Jinwan Airport, Gaolan Port, Guangzhou-Zhuhai Railway, Pearl River Delta Intercity Railway and expressways like the Beijing-Zhuhai Expressway, West Guangdong Coastal Expressway, Jiangmen-Zhuhai Expressway, Gaolan Port Expressway and Airport Expressway—is a testimony to the 30 years of its development.

When the Hong Kong-Zhuhai-Macao Bridge is finished in 2016 as scheduled, Zhuhai will become the only city that borders both Hong Kong and Macao.

In recent years, Zhuhai has begun to carry out a development strategy to build an ecologically friendly special economic zone.

Industrial vitality

Confronted with constantly changing external economic situations, Zhuhai, with a focus on high-end manufacturing and service industries, the hi-tech industry, the marine industry and ecological agriculture, has stepped up the transformation of its economic development, pushed forward its strategic economic restructuring and further expanded domestic consumption, to take a lead in achieving quality, efficient and sustainable development.

An array of significant projects are underway, such as China Aviation Industry General Aircraft Co. Ltd.'s project with a total investment of 23.6 billion yuan ($3.79 billion), China National Offshore Oil Corp.'s deepwater marine development base with an investment of over 60 billion yuan ($9.64 billion), Sany Marine Heavy Industrial Park with an investment of 10 billion yuan ($1.61 billion), Zhuhai Shizimen Central Business District with an investment of 36 billion yuan ($5.79 billion) and Zhuhai Changlong International Coast Resort with an investment of 20 billion yuan ($3.21 billion). All these projects have injected great vigor into Zhuhai's economic restructuring and takeoff.

In 2012, Zhuhai's GDP reached 150.38 billion yuan ($24.17 billion), up 7 percent from 2011; its industrial added value totaled 64.48 billion yuan ($10.36 billion), up 6.3 percent; its fixed-asset investment stood at 78.76 billion yuan ($12.66 billion), up 23.6 percent, ranking first among Pearl River Delta cities; its general budget revenue was 16.26 billion yuan ($2.61 billion), an increase of 13.4 percent; and per-capita GDP climbed to $15,000, taking third place in Guangdong Province.

Zhuhai has been singled out as the core city and transportation hub on the western bank of the Pearl River estuary, and the development of the Hengqin New Area is of national significance.

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