Investing in Anhui
The Province of Anhui is linked between Western and Eastern regions. Located in East China and part of the Yangtze Economic Belt, Anhui is a well-known hub for the Belt Road Initiative. Hefei is the capital and the largest city of the province. With a population of 61 million inhabitants covering a total surface area of 140,200 km2, Anhui ranks as the eighth-most populous province in China.
Local authority data shows that Anhui Province recorded total exports of USD 46 billion and total imports of USD 33 billion, with 6,600 established foreign investment companies. In addition to an average urban salary of USD 11,240.
In terms of GDP among the provinces in China, Anhui ranked 11th, reaching USD 561 billion in 2020 and USD 533 billion in 2019, with a GDP per capita of USD 8,805. Along with GDP growth of +7.5% in 2019 and +3.9% in 2020.
Main Economic Centers (GDP) in Anhui
Hefei (USD 146 billion)
Wuhu (USD 69 billion)
Chuzhou (USD 44 billion)
Fuyang (USD 41 billion)
Anqing (USD 36 billion)
Main Sectors in Anhui
Electric vehicles
Pharmaceutical
Appliances
New materials
Main Industrial Areas in Anhui
Anhui Pilot Free Trade Zone
Hefei High-tech Industrial Development Zone
Maanshan Cihu High-tech Industrial Development Zone
Wuhu High-tech Industrial Development Zone
Hefei Comprehensive Bonded Zone
Wuhu Comprehensive Bonded Zone
Wuhu Economic and Technological Development Zone
Hefei Economic and Technological Development Zone
Anqing Economic and Technological Development Zone
Chuzhou Economic and Technological Development Zone
Tongling Economic and Technological Development Zone
Tongcheng Economic and Technological Development Zone
(Anhui) Pilot Free Trade Zone
Established in 2020 and Development area in the Yangtze River Delta, with the purpose to promote in-depth integration of scientific and technological innovation and the development of the real economy, and advanced manufacturing and strategic emerging industries in the Yangtze River Delta.
The target industries are high-end technologies, integrated circuits, artificial intelligence (AI), fintech, smart cars, appliances, international logistics, new energy, new materials. Besides, the functional areas include the Hefei area (64.9 sq. km), Wuhu area (35.0 sq. km), and Bengbu area (19.9 sq. km).