China’s Urban Boom — (Part 6) Building A Century in Fifteen Years

CITIES & THE WEALTH OF NATIONS

Part 6, two cities: Guiyang & Hangzhou

Guiyang, China — With a population of over 4 million, Guiyang is located in Central-South China and has grown exponentially since the 1990s. Situated on the Nanming River, Guiyang is a natural transportation center. Large deposits of bauxite exist to the north, allowing Guiyang to become a major producer of aluminum. Guiyang manufactures aerospace engine parts and equipment, industrial and mining equipment, as well as railway vehicles and equipment. It also maintains a large chemical industry producing fertilizers, and a rubber industry manufacturing automobile tires. Guiyang boasts a sizable domestic pharmaceuticals industry producing traditional Chinese medicines as well as western medicines, plus textile plants and glass, paper, and other consumer goods manufacturing.

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Hangzhou, China — With a population over 8 million, Hangzhou is the capital and largest city of Zhejiang Province in Eastern china. It has also been one of the most renowned and prosperous cities of China for much of the last 1,000 years, due in part to its beautiful natural scenery. Hangzhou’s economy has rapidly developed since its opening up in 1992. It is an industrial city with many diverse sectors such as in light industry, agriculture, and textile. It is also considered an important manufacturing base and logistics hub for coastal China. The city has more than tripled GDP in the last eight years.

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