Huizhou and Economic Trends
Huizhou is a Prefecture-level city located in the southeastern coastal area of Guangdong Province at the northeastern end of the Pearl River Delta. With a population of 6 million and an area of 10,922 square kilometers, it has jurisdiction over 5 county-level divisions, including 2 districts and 3 counties.
The city has two state economic development zones: the Daya Bay Petrochemical Zone which ranks first in the country in terms of the scale of petrochemical-refining integration; and the Huizhou Zhongkai Hi-tech Industrial Development Zone which is the country's first national electronic information industrial base, with relatively complete supply chains of mobile communications, panel display, automotive electronics, LED, and new energy.
Electronic information and petrochemicals are the main industries, and together with automotive and equipment manufacturing, as well as clean energy industries, they form the modern industrial system of Huizhou.
In 2021, the GDP reached 500 billion RMB, up 10 % compared to 2020, while the GDP per capita amounted to 66,500 RMB. The total value of Huizhou‘s international trade reached 305 billion RMB in 2021, with the exports amounting to 213 billion RMB and the total value of imports to 92 billion RMB.
The Chinese City Tier System consists of a system of tiers used by analysts to classify Chinese cities and rank them in a hierarchy. Cities in different tiers reflect differences in consumer behaviour, income level, population size, consumer sophistication, infrastructure, talent pool, and business opportunity.