Zhuhai and Economic Trends
Zhuhai is a prefecture-level city located in the southwest Pearl River estuary, Guangdong Province. In addition to being one of China's first special economic zones, the city also plays an important role in the Maritime Silk Road, with a continuous emphasis on ecological development. With a population of 3 million and an area of 1,724 square kilometers, it has jurisdiction over 3 county-level divisions and 5 special economic districts.
Since its establishment as a special economic zone in 1980, Zhuhai has achieved constant rapid economic growth, especially in its industrial development. Over the years, the city has also focused on high-end services, hi-tech industries, a characterized marine economy, and eco-agriculture to boost its economy. The main industries are electronic information, home appliances, electricity and energy, biopharmaceuticals and medical devices, petrochemicals, and precision machinery, along with two other distinctive industries: printing consumables and yacht manufacture.
In 2021, the GDP reached 390 billion RMB, up 6.9% compared to 2020, while the GDP per capita amounted to 159,000 RMB. The total value of Zhuhai’s international trade reached 331 billion RMB in 2021, with the exports amounting to 188 billion RMB and the total value of imports to 143 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.