Zhejiang Province

The fourth largest economy and the third largest exporter in China, Zhejiang Province leads all provinces in rankings of GDP per capita in both urban and rural areas. As a result of local government’s business-friendly policies, this region witnessed the success of thousands of SMEs. Compared to the rest of China, people in Zhejiang are the most entrepreneurial, which has also aided the province in achieving a small urban to rural income gap.

An important maker of electronics and other equipment, Zhejiang’s manufacturers had a significant competitive advantage: cheap prices, low labour costs and resource costs and high volumes. However, as other provinces become cheaper, Zhejiang’s growth is shrinking and structural reform is needed. Additionally, high incomes and limited investment choices have resulted in high property costs.

Zhejiang Province Quick Facts

Area
101,800 km2
Population:
54,426,900
Population density:
464 people/km2
Gross domestic product:
2772.2 RMB
GDP per capita:
51711 RMB
GDP growth:
11.90%
Fixed Asset Investment:
1237.6 billion RMB
Utilized Foreign Direct Investment:
11.0 billion US$

Free 7 Day Trial

Zhejiang Province
economic data

What's Inside:

Monthly Updates of Key Zhejiang Province Economic Indicators
Data on Zhejiang Province's leading Industries and Companies
Detailed profile of Zhejiang Province's consumers and consumption habits
Also access 1000s of graphs and data points updated daily from over 300 sources. Covering all 27 provinces and 25 major cities as well as macroeconomic data, and over 15 industries. Along with our archives of over 8000 articles and proprietary data available nowhere else.

Top 5 Zhejiang Province Companies

Hik Vision (SHE: 002415) is a leading surveillance and monitoring devices solutions supplier. It posted RMB3.61 billion in revenues and RMB1.05 billion in net profits for 2010.
Zhejiang China Commodities City Group Co (SHA: 600415) is China's largest operator of small articles trading platform. It posted RMB3.17 billion in revenues and RMB808.9 million in net profits for 2010.
Bank of Ningbo Co (SHE: 002142) is a city level lender based in Ningbo, an economic powerhouse in Zhejiang. It posted RMB5.91 billion in revenues and RMB2.32 billion in net profits for 2010.
Xinhu Zhongbao Co (SHA: 600208) is a property developer that also runs education, hospitality and finance subsidiaries. It posted RMB8.14 billion in revenues and RMB1.56 billion in net profits for 2010.
Youngor Group Co (SHA: 600177) is one of China's leading garment producers that also develops real estate. It posted RMB14.51 billion in revenues and RMB2.67 billion in net profits for 2010.

For complete access to our database of all Zhejiang Province Companies earnings, revenues, margins and other corporate information Sign up for a free trial now

Zhejiang Province Economic and Technological Development Zones

Huzhou Economic Development Zone
Dinghai Industrial Park
Hangzhou Economic & Technological Developing Area
Hangzhou New & Hi-Tech Industrial Development Zone
Hangzhou Export Processing Zone
Hangzhou Zhijiang National Tourist Holiday Resort
Jiaxing Export Processing Zone
Ningbo Economic and Technical Development Zone
Ningbo Daxie Island Development Zone
Ningbo Free Trade Zone
Ningbo Export Processing Zone
Quzhou Industrial Park
Shenjia Economic and Technological Development Zone
Wenzhou Economic and Technological Development Zone
Xiaoshan Economic and Technological Development Zone
Zhejiang Quzhou Hi-Tech Park
Zhejiang Zhoushan Economic Development Zone
Zhejiang Donggang Economic Development Zone

Zhejiang Province Economic Data and Statistics

To access the above data as well as the rest of our extensive database of economic statistics and indicators for Zhejiang Province sign up for a free trial