Located in the lower Yangtze River basin and Yangtze River Delta economic zone, Nanjing is the capital of Jiangsu Province and has a prominent place in Chinese history and culture. Nanjing has long been one of China’s most important cities, and it is recognized as one of the Four Great Ancient Capitals of China. With an urban population of over seven million, Nanjing is the second-largest commercial centre in the East China region after Shanghai. It has been ranked seventh in the evaluation of “Cities with Strongest Comprehensive Strength” issued by the National Statistics Bureau, and second in the evaluation of cities with most sustainable development potential in the Yangtze River Delta.
Today’s Nanjing is further developing its economy, commerce, industry, as well as city construction and is further improving the desirability of the city to investors by building large industrial parks, which is now total four – Gaoxin, Xingang, Huagong and Jiangning. The city is also vying for foreign investment against neighboring cities in the Yangtze River Delta, and so far a number of famous multinational firms, such as Volkswagen Group, Iveco, A.O. Smith, and Sharp, have established their lines there.
WHY NANJING?
- Supportive government services – The Nanjing government has built a streamlined foreign business services platform to address the wide range of needs of companies entering China. This includes business development aid, corporate and IP registration services, grant competitions, and more.
- Excellent location – Nanjing is in an excellent geographic location with high-speed rail access to Shanghai, Hangzhou, Wuhan, Ningbo, Beijing, and Tianjin. Additionally, it is the site of the largest inland port in the world.
- Inexpensive and educated labor-force – Nanjing is an educational center in southern China and graduates 250,000 students each year across more than 60 universities. This includes one of the top five universities in China – Nanjing University. Educated talent in Nanjing, especially in computer sciences, can be hired at one-third the cost of other large coastal cities.
- Quality standard of living – Amenities for the international business community in Nanjing include international K-12 schools, Jiangsu province’s best hospital system, International chambers of commerce for the EU, USA, and Australia, international retail franchisees, and centrally located English-speaking entertainment districts.
