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Central China’s Anhui Province becomes a major destination for industry as companies move their
production lines inland
Wage growth and land costs inflationare prompting relocationof China’s manufacturing juggernaut,a growth engine of theChinese economy. Anhui Province in centralChina is one of the biggest beneficiaries.
On January 12, 2010, the StateCouncil approved planning for theWanjiang River Urban Belt as an industrialtransfer demonstration zone. Thezone—covering nine cities along theYangtze River in Anhui—accounted for66 percent of the province’s economy. Itsambitious goal was to double the GDP by2015 from the 2008 level.important fillip.
production lines inland
Wage growth and land costs inflationare prompting relocationof China’s manufacturing juggernaut,a growth engine of theChinese economy. Anhui Province in centralChina is one of the biggest beneficiaries.
On January 12, 2010, the StateCouncil approved planning for theWanjiang River Urban Belt as an industrialtransfer demonstration zone. Thezone—covering nine cities along theYangtze River in Anhui—accounted for66 percent of the province’s economy. Itsambitious goal was to double the GDP by2015 from the 2008 level.important fillip.