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Located in China's southeast coast, Wenzhou covers a land area of 11,800 square kilometers and a sea area of 11,000 square kilometers. It has a total registered population of 7.90 million and has jurisdiction over three districts(Lucheng, Longwan and Ouhai), two cities (Rui'an and Yueqing),six counties(Yongjia, Pingyang, Cangnan, Dongtou, Wencheng, Taishun). Wenzhou is at once a place with glory brought by the birth of talented people and a place with beautiful mountains and rivers. With the three decades of China's reform and opening-up, Wenzhou has achieved a sound material basis and meantime has been enjoying broad recognition and high reputation. It has now stepped on a new phase of scientific development and it merits much attention with the many business opportunities it has to offer. Wenzhou flourishes with a vigorous and dynamic economy. Since China's reform and opening-up, Wenzhou was the first to push forward the market-oriented reform in China and has been striving to develop the private sector and industries with regional features ever since which earns its development path with the widely recognized name of "Wenzhou Model". Wenzhou is justifiably the synonymy with market, reform and innovative spirits and it has been rated one of the Most Dynamic Cities in the World and one of China's Top 10 Economically Vibrant Cities. In 2007, Wenzhou's total output value was 215.7 billion yuan, investment in social fixed assets reached 73.703 billion yuan, retail sales totaled 90.646 billion yuan, foreign investment in actual use was 618 million US dollars, total sum of foreign trade reached 12.248 billion US dollars, total financial revenue topped 29.326 billion yuan and per capita dispensable income of urban residents amounted to 24 thousand yuan, which was a increase of 14.3%, 14.2%, 16.3%, 33.5%, 23.8%, 21.6% and 12% from the previous year respectively. The ratio of primary, secondary and tertiary industry was 3.3 : 54.2 : 42.5. Wenzhou boasts a sturdy industrial foundation. Over years of development, Wenzhou has formed its distinctive industrial features. 35 national-level production bases have been set up, such as "China's Capital of Shoes" and "China's Capital of Electrical Equipment". 118 China's Famous Trademark and China's Brand Product have been awarded to Wenzhou. Many products are well-known in China and enjoy good fame in the world as well. Meanwhile, modern service industries like business and trade, logistics, finance, exhibition and innovation are developing rapidly which provides newly-established foreign-funded enterprises with all-round services. Up till now, quite a few World Top 500 Companies and leading international industrial giants have established operations in Wenzhou and have set up joint ventures with local private enterprises in Wenzhou which enjoys bright prospects. Wenzhou enjoys a fine and distinctive cultural tradition. As a city with a history of 1680 years, Wenzhou houses an abundant cultural heritage with characteristic local features. Thanks to its unique geographical location and cultural mindset, Wenzhou people have fostered a pioneering spirit with open-mindedness and a global vision with entrepreneurship. Wenzhou people can be found wherever market potentials and business opportunities exist. At present, there are more than 2 million Wenzhou people making their fortune throughout China and overseas, bridging exchanges and cooperation between Wenzhou and other places both at home and abroad. Their endeavors help set up a wide-reaching domestic and global marketing network which greatly contribute to the regional economic development of Wenzhou. Wenzhou offers a good investment environment. Wenzhou is the transportation hub in the southeastern coast of China, with a full-fledged transportation network which makes it well connected to other parts of China and the rest of the world by railway, by air and through a highly sophisticated expressway network. Wenzhou Port is one of the 25 key ports of China. The city is also famous for its beautiful scenery and mild climate and is ranked among the best tourist destinations in China. The scenic area accounts for one forth of the city's total land area with 3 state-designated scenic spots of Yandang Mountains, Nanxi River and Feiyunhu-Baizhangji Waterfalls, and 2 state-designated Natural Reserve of Wuyanling Ridge and Nanji Islands. The urban district of Wenzhou is well equipped with complete infrastructure and convenient facilities which creates a livable living environment. We're pursuing an atmosphere that encourages incoming investments and helps business settle by providing favorable government policies and abundant economic incentives. Wenzhou has been undergoing a new round of reform, opening up and further development, and it promises vast business opportunities. We welcome friends from all quarters to pay visits to and make investment in Wenzhou. We believe that the beautiful, dynamic and open city of Wenzhou will surely meet all your needs and exceed your greatest expectations. Wenzhou office of opening-up affairs May 18,2008 |
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