ALL THE TEA IN CHINA. HOW TO BUY, SELL, AND MAKE MONEY ON THE MAINLAND.

Hangzhou

At A Glance

• Capital of Zhejiang (map of Zhejiang)—coastal China.
• Economic Zones for Hangzhou include:
  • Hangzhou Economic and Technological Development Zone
  • Hangzhou Hi-tech Industry Development Zone
  • Xiaoshan Economic and Technological Development Zone
  • Hangzhou Export and Processing Zone, Zhejiang

Hangzhou is known for: its beaituful scenery (lakes and parks) and as a “Mecca for IT Firms.”

Prioritized Industries: machinery, electronics and IT, medicine, chemicals, textiles, and food and beverage.

Advantages: Yangtze River Delta development policies. Situated just 150 kilometers south of Shanghai, Hangzhou enjoys some of China’s best distribution links. The city, one of the wealthiest as measured by average per capita income ($4,580) has high living standards for China.

Disadvantages: Goods must travel via land or air.

Trade Shows:

• China International Medical Development Forum & Pharmaceutical Industry Exhibition
• China International Leisure Industry Exposition

Statistics:

• Population 6.5 million
• GDP $81 billion
• Average per capital income $4,620
• Imports from the U.S. $840.4 million

From the book:

“The capital of Zhejiang Province, Hangzhou sits on a bay but lacks a port, so goods must be hauled to Shgnahi or Ningbo for shipment (about a four-hour drive, depending on road conditions). Feasibility studies for port development are in the works. Key industries include machinery, electronics, information technology, pharmaceuticals, chemicals, textiles (especially silk and cotton), and food and beverage processing.”