China provides a world of opportunities for those wanting to do business or work there long-term. Given China’s size and various regional economies, our Day Translations blog had no choice but to take you along with us as we explore the biggest business areas in China.
Because we have so many areas to cover, let’s not waste any more time and get right into it.
Biggest Business Areas in China
Shanghai
In Chinese, Shanghai is abbreviated as ‘shen’ or ‘Hu.’ Shanghai is the biggest city in China, with a population of around 28 million. It is widely known that Shanghai is the commercial center of China, including areas such as Shipping, Trade, transport, finance, science, and technique.
The Shanghai port is one of the largest international ports in China and is open to more than 200 regions and countries for business on a daily basis. In fact, the Shanghai port is one of the most important ports in the world, ranking first both in imports and exports.
Beijing
Beijing is the capital of China and is also known as the country’s megacity. When it comes to Beijing, there are a few things that it is known for. Some of them are as follows:
Beijing is the center for:
- Culture
- International Exchange
- Technological Innovation
- Politics
Beijing has a population of approximately 21 million. It’s of importance to note that Beijing is of the four ancient cities of China and has a very extensive history rooted in imperialism.
There are many large corporations that have their main offices for China in Beijing. It is also home to many embassies and is one of the top cities for doing business in China.
Guangzhou
Guangzhou is the capital city of the Guangdong province and is also known as Ram City and formerly known as Canton. This city is well known for standing out in the following areas:
- Finance
- Commerce
- Transportation
- Trade
- Exhibition
- Shipping
Guangzhou has a population of around 12 million people and is divided into 10 districts. The agricultural and industrial sectors are rapidly expanding in Guangzhou which is located in Pearl River Delta. This, coupled with growth within all other sectors, makes Guangzhou the third biggest area for doing business in China.
Shenzhen
Shenzhen is known as one of the first-tier cities in China. That said, this major city is popular in the following areas of interest:
- Marine
- Air
- Foreign trade
- Finances
- Economics
Shenzhen is deemed the Silicon Valley of hardware. If electronics is your thing, then this city is definitely the place for you. No matter the quantity or type, if you need electronics, you know exactly where to go. Of course, the manufacturers in Shenzhen serve many major corporations all over the world and supply them with the electronics they need.
Tianjin
The city of Tianjin is considered the second largest commercial and industrial area in China and the largest port for trade port in the north. Tianjin plays an important role in China’s industrial development because it is one of the original industrial bases.
In 2020, this major city had a population of approximately 20 million people and was among the top 25 cities in the world known for scientific research output. Currently, Tianjin is experiencing rapid change and is shifting its focus from the heavy and chemical industries and focusing more on the areas of high-tech, advanced manufacturing as well as modern services.
Chongqing
Located in the southwest region of China, the city of Chongqing has a population of just a little over 16 million people. Popularly known as a mountain city, Chongqing is also called one of China’s furnaces thanks to the very hot and humid summers it produces.
Based on its very strategic location in the west of China, it plays a very important role as a key hub in that area. Chongqing is China’s biggest producer of automobiles and motorcycles. This major city is also responsible for producing a large fraction of laptops and mobile phones that supplies the entire world.
Because of its strategic alignment with these major manufacturing hubs, the city of Chongqing is poised to continue to attract major stakeholders and investors from all over the world.
Suzhou
Located in the southeastern region of China, the city of Suzhou is not too far from the popular city of Shanghai. It is popularly known as china’s Venice of the East. Why? Well, because this is a city most popularly identified by its beautiful waters.
The main areas of business within Suzhou include the following:
- Steel
- Iron
- Information Technology
- Electronic Equipment
- Textiles
Suzhou is also a major tourist location which contributes greatly to its development and popularity as a major business area.
To Conclude …
China plays an integral role in the world for trade and manufacturing. And these major cities that we mentioned are just some of the biggest business areas in China. Of course, the next time you visit China to do business or just for pleasure, don’t forget that the Day Translations and Day Interpreting teams are right at your fingertips to help.