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Dongguan: The Most Economically Dynamic City in China

Published: 04 May 2009 10:05:26 PST

Dongguan is an ancient city with 1670-year history, and a newly-rising industrialized city in Guangdong Province of China. Meanwhile，it is an important manufacturing base and sourcing center of IT products in the world. Dongguan covers a land area of 2,465 km2, with a resident population of 6.7 million, among which local population is over 1.6 million.

Since China’s adoption of reform and open policy in 1979, Dongguan’s annual GDP growth rate has been hitting 20%, being one of the cities with fastest economic development in China. In 2008, Dongguan’s GDP reached RMB 371 billion, ranking the 4th regarding total economic output.

In recent years, the city has been appraised to be one of the Most Economically Dynamic Cities, the Most Charming Cities, Top 100 Cities with Strongest Comprehensive-Strength, Top 10 Best Business Cities, Top 10 Competitive Cities in Manufacturing Industry, Top100 Cities with Most Favorable Investment Environment, the Cities with Most Renowned Brands in China and China’s Excellent Touring Cities, the Cleanest Cities, the Green Cities, International Garden Cities, the Most Valuable Cities for Investment appraised by Transnational Companies in 2006, and ranks No. 12 around all cities in China regarding economic comprehensive-strength. Dongguan’s influence, both domestically and internationally，has increased steadily.

Major Economic Indexes of Dongguan in 2008

Major Economic Indexes	Amount	Growth on the year-on-year basis (%)
GDP	RMB370.3 billion	14.0%
Gross Output Value of Industry (Current Price)	RMB637.2 billion	6.2%
Import&Export Value	USD113.30 billion	6.1%
Import Value	USD 47.76 billion	2.5%
Export Value	USD 65.54 billion	8.9%
Financial Income	RMB60.10 billion	11.4%
Total Investment in Fixed Assets (On Township Level and Higher)	RMB 94.30 billion	9.9%
Annual Per Capita Disposable Income of Urban Residents	RMB 30275	12.0%
Total Retail Sales of Consumer Goods	RMB 83.82 billion	20.5%
Favorable balance of trade	USD17.78 billion	30.79%
Power Consumption by Industry	39.28 billion KWH	-0.7 %
Business Volume of Postal and Telecommunications Services	RMB 17.24 billion	3.5%