Economy
Guangzhou is the main manufacturing hub of the Pearl River Delta, one of mainland China's leading commercial and manufacturing regions. In 2009, the GDP reached ¥911.28 billion (US $133.5 billion), per capita was ¥89,498 (US $13,111).
The China Import and Export Fair, also called "Canton Fair", is held every year in April and October by Ministry of Trading. Inaugurated in the spring of 1957, the Fair is a major event for the city. From the 104th session, Liuhua Complex is not in use to hold Canton Fair. All the booths have been transferred to Pazhou Complex. From the 104th session, Canton Fair has been arranged in 3 phases instead of 2 phases.
Read more about this topic: Guangzhou
Famous quotes containing the word economy:
“War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?””
—Doris Lessing (b. 1919)
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)