Jiangmen - Economy

Economy

Jiangmen was selected by the Chinese state as a pilot city for a nationwide information programme. It was also chosen by the Pacific Economic Cooperation Council (PECC) as a trial city for the Regional Integration for Sustainable Economics (RISE) project. According to the "Report on Investment Environment in China 2003" by the World Bank, Jiangmen ranked the fourth after Shanghai, Hangzhou and Dalian of 23 cities under evaluation in China. Among various indicators, Jiangmen excelled in infrastructure, labour redundancy, proportion of joint ventures in all firms, informal payments to government, taxation, productivity and the investment rate.

The economic development strategies within Jiangmen focus on the three urban districts, and the south, middle and north lines. It is planned to develop four main economic areas: the central urban district of the city, the Yinzhou Lake (銀州湖) economic area, and two economic areas along the various transport axes.

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