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  Chengdu - The City of Hibiscus




 Chengdu - Business Information

Business Facts

GDP per Capita: ¥ 26,527.
Major Exports: Machinery, electrical products, data processing equipment, apparel, textile, steel, mobile phones.
Major Foreign Exchange Counters: ANZ Grindlays, ICICI, Standard Chartered & Thomas Cook.
Key Industries: Mining and ore processing, iron, steel, aluminum, and other metals, coal, chemicals fertilizers; consumer products, including footwear, toys, and electronics.

Business Overview
The main industries in Chengdu - which include food, medicine, machinery and the information technology - are supported by numerous large-scale enterprises, such as Chengdu Sugar and Wine Co.. Ltd., Chengdu Food Group, Sichuan Medicine Co. Ltd., Chengdu Automobile Co. Ltd. etc. Many high-tech enterprises from outside Chengdu are also beginning to settle down there. The National Development and Reform Commission has recently approved establishment of a national bio-industry base in Chengdu. China's aviation industries have begun construction of a high-tech industrial park in the city that will feature space and aviation technology.

The local government plans to attract overseas and domestic companies for service outsourcing and become a well-known service outsourcing base in China and worldwide. Banking services are also on a high in Chengdu. Chengdu is now building itself to be the financial hub for Western People's Republic of China and has successfully attracted major international financial institutions, including Citigroup, HSBC, Standard Chartered Bank, ABN AMRO, BNP Paribas, etc. Chengdu is also one of the most important economic centers and transportation and communication hubs in Southwestern China. According to the 2007 Public Appraisal for Best Chinese Cities for Investment, Chengdu was chosen as one of the top ten cities to invest in, out of a total of 280 urban centers.


Chengdu





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