Guangdong

Guangdong borders the South China Sea, surrounded by Hong Kong and Macau. The economy of this province changed dramatically after the economic reforms of 1978.

It is Home for three of the country’s Special Economic Zones and many manufacturing industries. This province is not only the richest but also the most populous province of the country.

It is not only one of the busiest commercial center but also a significant choice of place for tourism. Millions of foreigners visit this province for various reasons every year. You have connectivity to the whole world from here in terms of transport.

Economy

The economy of this province is the highest of all the provinces in the country. The province contributes 12% of the total GDP of the country. Low priced manufacturing is the key to the growth of the economy of this province. It is also the highest importer in the country.

It is the largest consumer goods market in the country. The retail market is one of the most developed markets in China.

Hong Kong is the largest source of foreign direct investment in Guangdong.

It is a leading industrial base as well as an export processing base for a wide range of products.

Main Industries in Guangdong

Major products include:

Electrical

Television

Fans

Refrigerators

Consumer goods

Garments

Toys