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

Nanjing

At A Glance

Prioritized Industries: electronic, petrochemical, automotive, and steel.

Advantages: A strong educational system, leading to a highly educated workforce. Over 1000 American companies are already doing business in Nanjing.

Statistics:

  • GDP/Capita $7,168
  • Imports from the U.S. $1.42 billion
  • Increase in GDP (2004) 17%

From the book:

“Capital of Jiangsu Province, Nanjing is one of China’s fastest-growing cities economically (in 2004, its GDP increased 17 percent). It was also ranked eight in Forbes’ list of Chinese cities most favorable for business. Nanjing boasts the largest inland river port in Asia and has good rail, roads, and air links. Over one thousand American companies are already doing business in Nanjing. Its key industries include petrochemicals and steel, but it is increasingly becoming an important manufacturing base for high-technology goods such as electronics, advanced materials, and biotech. Leading products include software, flat panel displays, auto parts, precision instruments, ethylene, and acetic acid.”