Economy
The Yangtze River Delta Economic Zone is dominated by Shanghai which is mainland China's financial center, as well as by other important economic hubs like the cities of Nanjing, Suzhou, Hangzhou, Ningbo and Xuzhou. The vast interior of the Yangtze River Delta is heavily industrialized with advanced transport infrastructure such as highways, expressways, airports and ports.
The region already accounts for 4.66 trillion yuan (682.21 billion U.S. dollars) in 2007, up 15.2 percent year on year. Its forecasted GDP in the delta would hit 15.95 trillion yuan by 2020, based on the annual growth rate of 11 percent. .
Shanghai predominates in the finance, banking, property, automobiles and logistics industries. Suzhou is a strong manufacturing base for foreign companies. Nanjing is a hub for the automobile industry, electronics, education, energy, iron and steel industries. Ningbo is a growing economic port which provides import and export routes for neighboring provincial cities.
Read more about this topic: Yangtze River Delta Economic Zone
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