Since the late 1970s, Jiangsu province has been an economic hotspot and one of the wealthiest areas in China. Pillar industries include machinery, electronics, chemicals, and automobile. The agricultural sector is based on crops of rice, wheat, peanuts, and cotton. Although the province has some petro-carbon deposits, more significant deposits include rock salt, sulfur, phosphorus, and marble. The development and wealth of cities like Nanjing, Suzhou, Xuzhou, and Wuxi have defined the province’s success story; however, the province must now address a large wealth gap that divides the province into a poorer north and a richer south.
Looking to surge ahead on its path of growth, the province plans to triple R&D expenditure and double railway coverage by 2015. Additionally, the province will devote more focus to high tech, emerging industries and service industries. The province hopes to have a prosperous solar industry by 2012, with an estimated value of RMB100 billion.
Jiangsu's GDP grew 10.1% to RMB5.4 trillion in 2012.
Changzhou National Hi-Tech District
Kunshan Economic & Technical Development Zone
Kunshan Export Processing Zone
Nanjing Baixia Hi-Tech Industrial Zone
Nanjing Economic and Technological Development Zone
Nanjing Export Processing Zone
Nanjing New & Hi-Tech Industry Development Zone
Nantong Economic & Technological Development Area
Nantong Export Processing Zone
Lianyungang Economic & Technological Development Zone
Lianyungang Export Processing Zone
Suzhou Industry Park
Suzhou Industrial Park Export Processing Zone
Suzhou Hi-Tech Industrial Development Zone
Wuxi New District
Wuxi Export Processing Zone
Yixing Economic Development Zone
Zhenjiang Export Processing Zone
Zhangjiagang Free Trade Zone
Zhangjiagang Bonded Logistics Park