The city of Dongguan
is situated in the middle south of Guangdong Province,
in the heart of the Pearl River Delta. Since the launch
of the opening and reform policies in China, the city
has fully exploited its advantages in geographic location
and culture and attached great emphasis to the development
of foreign-funded economy. With an average annual growth
rate of 22% in its GDP, Dongguan is one of the areas
with the fastest economic development in China, which
has been listed in China’s top 30 cities in terms
of comprehensive economic strength. The stable and vigorous
macro economy in Dongguan is marked by healthy economic
growth, steady financial policies, rational governmental
expenditure, increasing openness to the world as well
as diversification of economy, which creates a promising
and reliable environment for international investors.
Table 1: Major Economic Indexes of Dongguan
in 2002
| Major Economic Indexes |
Growth on the year-on-year
basis (%) |
| GDP |
RMB 67.227 billion |
16.12 |
| Gross Output Value of Industry (Current Price) |
RMB 157.407 billion |
21.8 |
| Import & Export Value |
USD 44.247 billion |
28.4 |
| Import Value |
USD 20.511 billion |
25 |
| Export Value |
USD 23.736 billion |
32.6 |
| Financial Income |
RMB 16.788 billion |
33.46 |
| Total Investment in Fixed Assets (On Township
Level and Higher) |
RMB 12.622 billion |
65.72 |
| Annual Per Capita Disposable Income of Urban Residents |
RMB 17,710 |
4.56 |
| Total Retail Sales of Consumer Goods |
RMB 22.495 billion |
14.7 |
| Foreign Exchange Earnings |
RMB 14.651 billion |
30.11 |
| Power Consumption by Industry |
2,070,700 KWH |
32.14 |
| Business Volume of Postal and Telecommunications
Services |
RMB 18.168 billion |
48.25 |
Table 2: Annual Per Capita GDP of 1998-2002
(in RMB)
| Year |
Annual Per Capita GDP |
| 1998 |
24,031 |
| 1999 |
27,561 |
| 2000 |
32,477 |
| 2001 |
37,777 |
| 2002 |
43,094 |
Table 3: Rankings of Dongguan’s Economy
| 7th Strongest Chinese City in Terms of Comprehensive
Competitive Strength (2002) appraised by Chinese
Academy of Social Sciences |
| 6th Strongest Chinese City in Terms of Comprehensive
Market Share (2002) appraised by Chinese Academy
of Social Sciences |
| 7th Strongest Chinese City in Terms of Comprehensive
Per Capital Income (2002) appraised by Chinese Academy
of Social Sciences |
| 4 of the Top 10 Townships in Terms of Foreign
Exchange Earnings: Chang’an Town, Qingxi Town,
Humen Town, Houjie Town |
| 3rd Strongest City in Terms of Export Value among
Large or Middle-sized Cities in China for seven
consecutive years (1996-2002) |
|
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