At the lower reach of
the Yangtze estuary, Nanjing is the largest inland river harbour in China.
Its geographical hinterland includes parts of four provinces (Jiangsu,
Zhejiang, Anhui and Jiangxi) of the lower Yangtze and about 12% of China’s
total population. Close to Shanghai, with good rail and highway links
between the two cities, it is part of the Yangtze Delta area where incomes
rank the highest in China.
The Nanjing Economic Area – with a population of 63.8m. - includes
Nanjing City (5,25m.) and more than 15 neighbouring towns. Jiangsu and
Zhejiang are among the most economically developed provinces in China.
However, Anhui and Jiangxi are comparatively poor. In other words, the
market centred on and around Nanjing offers demand for both low and
high-end products.
High average incomes place Nanjing among China’s 10 leading consumer
cities and the municipal government has actively encouraged the
development of both wholesale and retail markets in the city. Nanjing’s
proximity to the Shanghai metropolis also facilitates support for
technology as well as trade and financial services.
Infrastructure
There are complete road, railway, waterway and
air transportation facilities around Nanjing and a modern
telecommunications network is developing fast. Business development has
been facilitated by the city’s gradual formation of a layout described as
“ring outside, net inside and points connected”. Major road arteries
include the Huning and Huhe highways: linking Shanghai to the east and
Hefei and Wuhu to the west. There are also good north-south highway
connections out of Nanjing.
Four main railroads: Jinpu, Huning, Ningtong and Ningxi all meet at
Nanjing which is the main railway hub linking North China, East China,
Central China and the Northwest. The Huning express railway, to Shanghai,
is the busiest passenger and cargo railroad in China. The Ningtong railway
connects the northern regions of Jiangsu province; the Ningxi railway
passes through Hefei and Huainan and links to the Longhai railway in Henan
and on to Xi’an while the Jinpu railway links Nanjing with Tianjin in
Hebei Province. Although the huge growth in construction of railways and
roads in recent years has meant a decline in the importance of waterway
traffic, Nanjing’s river port, 98 kms. in length, is the largest inland
port in China. It provides year-round deepwater berthing facilities for
large seagoing vessels and its Xinshenxu area, linked to the Jinghu
railway and the largest container facility for import / export cargo on
the Yangtze, handles nearly 10m. tons a year. It is also the largest
charcoal and oil harbour in East China. Nanjing port handled 55m. tons –
of which 7m. were exports - in 1997.
Industry
In 1996, Foreign Direct Investment (FDI) in Nanjing
totalled US$471 billion accounting for 9.3% of that of the whole province.
Its export markets include Japan, Hong Kong and Macao, Europe and America.
Export markets in the Middle East, Africa and South America are being
actively developed for a wide range of products.
While Anhui and Jiangxi are more dependent on agriculture, Jiangsu and
Zhejiang are both major industrial provinces. Major industrial categories
include electronics, telecommunication equipment, communications and
transportation equipment, chemical raw material and chemical product,
petroleum processing and smelting and machinery industry.
Human Resources
Nanjing has 30 institutions of higher
learning as well as a number of key national and provincial laboratories
and three engineering research centres. There are two scientific and
technical development research centres and, overall, a solid base for the
supply of human technical talent.