Big companies want to be in Hefei
By Ge Man | China Daily | Updated: 2014-01-06 07:19
The once poor center of a mainly rural economy now boasts huge advances in upgrading industries and R&D
It came as no surprise when The Economist magazine named five Chinese cities as the fastest-growing metropolitan economies in the world in 2012. What was unexpected was which they were. Not Guangzhou, Shanghai or Chongqing, but places such as Baotou, Anshan and - topping the list - Hefei, the capital of Anhui province.
Much of this success is due to the Hefei Economic and Technology Development Area set up 20 years ago.
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