Direcotry of China Suppliers In Zhejiang

Find list of China companies, suppliers in Zhejiang

Area: 101800 square km, Population: 48.98 million (2006). Capital City: Hangzhou. Agriculture: main crops: rice, wheat, jute and cotton, tea, aquaculture. Ningbo, Wenzhou, Taizhou and Zhoushan are important commercial ports. Zhejiang's manufacturing is centered upon electromechanical industries, textiles, chemical industries, food, and construction materials.

Zhejiang's manufacturing is centered upon electromechanical industries, textiles, chemical industries, food, and construction materials. In recent years Zhejiang has followed its own development model, dubbed the "Zhejiang model", which is based on prioritizing and encouraging entrepreneurship, an emphasis on small businesses responsive to the whims of the market, large public investments into infrastructure, and the production of low cost goods in bulk for both domestic consumption and export. As a result, Zhejiang has made itself one of the richest provinces, and the "Zhejiang spirit" has become something of a legend within China. However, some economists are now worrying that this model is not sustainable, in that it is inefficient and places unreasonable demands on raw materials and public utilities, and also a dead end, in that the myriad small businesses of Zhejiang producing cheap goods in bulk are unable to move to more sophisticated or technologically-oriented industries.[citation needed] The economic heart of Zhejiang is moving from Hangzhou-surrounded North Zhejiang southeastward to more complex combinations of several strong municipalities.[8] The per capita disposable income of urbanites in Zhejiang reached 24,611 yuan (US$3,603) in 2009, an annual real growth of 8.3%. The per capita pure income of rural residents stood at 10,007 yuan (US$1,465), a real growth of 8.1% year-on-year.[9] Its nominal GDP for 2010 was 2.72 trillion yuan (US$402 billion) with a per capita of 44,335 yuan (US$6,490).[10] In 2009, Zhejiang's primary, secondary, and tertiary industries were worth 116.2 billion yuan (US$17 billion), 1.1843 trillion yuan (US$173.4 billion), and 982.7 billion yuan (US$143.9 billion) respectively.

Zhejiang is the first province of China which has no counties in the poverty-county list of the central government.[citation needed] Zhejiang has become one of the most marketised and richest provinces in China. Compared to many other Chinese provinces, the development in different regions in Zhejiang is more balanced. While the countyside still lags behind, in 2006, the per capita disposable incomes for eleven major cities in Zhejiang were all ranked among the top 30 in Chinese cities.

source: wikipedia

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