Investing in Nanchang
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Investing in Nanchang is a wise way for entrepreneurs to make more profits. Nanchang always welcome all the merchants, including Chinese or foreign people to invest here. Nowadays there are more and more people coming here to do business.
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Investment in Nanchang – Overview of Nanchang
Nanchang is the capital of Jiangxi Province in southeastern China, located in the north-central portion of the province. It is bounded on the west by the Jiuling Mountains, and on the east by Poyang Lake. Because of its central location relative to the Yangtze and Pearl River Delta regions, it is a major railroad hub in Southern China. Its population was 5,042,566 whom 4,107,963 in the built-up area made up of 5 urban districts plus Nanchang and Xinjian counties being urbanized.
Investment in Nanchang – Investment Economy in Nanchang
Nanchang has become extensively industrialized and is now a large producer of cotton textiles and cotton yarn, papermaking, food processing, rice milling, agricultural machinery, diesel engines, automobiles, trucks, industrial chemicals, agricultural chemicals, insecticides, tires, iron smelting, and pharmaceuticals. The city has eight provincial level industrial parks. In 2011, operating revenue of the parks rose 26.3% to RMB 235.96 billion.
Due to the convenient water traffic, Nanchang has always been the important city for commercial and trade circulation at the South China, where not only gathers many merchants, but also is the consumables distributing center of Jiangxi Province and the trade and business transfer hub of the coastal area affecting the central and western areas. The rapid development of the large-scale business leads to the form of the pattern of "Shopping Mall in the City, Large Market of the Outskirts, and Large-scale Logistics Company outside the City", of which, the shopping malls are Nanchang Department Store, Hongcheng Building, New Hongkelong Department Store, Beijing Hualian Group (Jiangxi), Wal-Mart, Metro and others, and the large markets of the outskirts are Hongcheng Market, Jiangxi Decoration Material Market, Nanchang-Shenzhen Agricultural Product Wholesale Market and others, of which, the well-known Hongcheng Market now is one of the nine large commodity wholesale markets of China.
Investment in Nanchang – Cultural Features in Nanchang
Nanchang is a famous historical and cultural city, with a history stretching back over 2200 years. Moreover, Nanchang is a heroic city with a glorious revolutionary tradition. The People’s Liberation Army was born in Nanchang, and “the August 1st Spirit, namely revolution spirit” appeared here.
Investment in Nanchang – Foreign Investments
Among the world's largest 500 enterprises, more than 30 have already established presence in Jiangxi by the end of 2012, these include Pepsi Cola, Walmart, Toshiba, Metro, Ford, etc. The Nanchang-Jiujiang Industrial Corridor which is situated along the Nanchang-Jiujiang Expressway has become a popular spot for foreign investment.
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