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Yangzhou

Yangzhou is situated in Jiangsu province on the north bank of the Yangtze River, about 100km to the northeast of Nanjing. It has a population of 4.6m, including 1.02m in the urban area. Historically, it was a thriving port and one of southern Jiangsu’s most prosperous towns, thanks to its location on the Beijing-Hangzhou Grand Canal.

Yangzhou’s economy started to go into decline in the 1850s due to war damage, the arrival of railways and the decline of the Grand Canal as a transportation artery. However, in the past two decades growth has returned, and the city has emerged as one of Jiangsu’s strongest economies.

Yangzhou’s pillar industries include automobiles, shipbuilding, chemicals, chemical fibres, electrical appliances, machinery, electronics and information technology. Tourism is also important. The city’s GDP reached Rmb180.5bn in 2009, an increase of 13.6 per cent year-on-year.

Baosheng Group is China’s leading producer of wire, cable and other electrical parts. Founded in 1985, the company now has more than 3,000 employees and total assets of Rmb4bn. In 2009 it achieved an output value of Rmb10.5bn.

Sinopec Yizheng Chemical Fibre, a subsidiary of China Petroleum & Chemical, is China’s largest modernised manufacturer of chemical fibres. Established in 1993, the company specialises in making polyester chips and polyester fibre, as well as in the production of the raw material PTA.
In November 2009 Philips Lighting formally opened a wholly-owned fluorescent lamps plant in Yizheng EDZ. The plant has an annual capacity to make 200m energy-efficient fluorescent lamps and other lighting products, making it Philips’ largest fluorescent lamp base in Asia.

AREVA, based in France, has a joint venture with Jiangsu Jinxin Electric Appliances. It makes components for gas-insulated substations used in power transmission. The first phase of the factory, involving an investment of US$30m, became operational in June 2009.

Established in 1992 as a provincial-level development zone and upgraded to a state-level ETDZ in 2009, Yangzhou Economic & Technological Development Zone is located in the southwestern suburbs of the city. It has a planned area of 72 sq km, of which an initial 8 sq km has so far been developed.

In 2005 Yangzhou Export Processing Zone was set up in Yangzhou ETDZ with central government approval. With a planned area of 3 sq km, the initial operating area of the zone covers 1.5 sq km. In 2007 the city government decided to build an LED (light-emitting diode) industrial park in the EDTZ by 2010. By May 2009 the park was home to 35 LED-related enterprises.

The Nanjing-Qidong railway, which passes through the city, became fully operational in 2005. The Beijing-Shanghai and Nanjing-Nantong expressways also pass through Yangzhou. Nanjing is about one hour from Yangzhou by car, Shanghai about three hours.

Runyang Yangtze Road Bridge, which links Yangzhou and Zhenjiang across the Yangtze, was opened to traffic in 2005. The Yangzhou section of the Beijing-Hangzhou Grand Canal is 143km long and allows the passage of 1,000 dwt ships all year round.

Yangzhou is building its own airport in Jiangdu for both freight and passengers. The project will cost Rmb1.6bn and is expected to start operation by 2012.

Situated at the intersection of the Grand Canal and the Yangtze River, Yangzhou was an open port as early as the Tang dynasty (618-907AD). In recent times, Yangzhou’s strategic alliance with China’s largest shipping line Cosco, started in 2004, has brought investment and vibrancy to the development of the port in this ancient city.

In April 1993 Yangzhou port was granted Category One status by the State Council, opening it once again to foreign vessels. The port is located on the northern bank of the lower Yangtze, 87km downstream from Nanjing and 306km upstream from Wusongkou in Shanghai. Yangzhou Port Group, the largest common-user terminal operator in the city, is 37 per cent owned by its employees, while the local government owns the remainder. About half of its cargo is coal, 30 per cent timber, 10 per cent sand and cement, and 10 per cent iron ore and steel. Yangzhou is the second largest transhipment port for timber on the Yangtze after Zhangjiagang.

Construction work started in 2007 on a new 40,000 dwt liquid chemical berth in Yizheng terminal, owned by Yangzhou Port.

If you want to read more about Yangzhou, its leading companies, major investment zones, transport network, port infrastructure and the logistics experience of FIEs in the city, click here to order an e-version of the city profile for £15. Alternatively, for information on all the major Yangtze port cities and much else besides, click here to buy Yangtze Transport: Accessing China's Interior for £85.

     
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