Ningbo, a business hub in Zhejiang province, has maintained its economic momentum for the year to date, with its gross industrial output value reaching 922.6 billion yuan ($151.45 billion) in the first nine months.
Gao Yonghua, an aquaculture farmer in Ningbo, Zhejiang province, obtained a 300,000 yuan ($49,230) loan from a local credit union a few days ago to expand his fish ponds.
The flourishing Pearl River Delta city of Foshan in South China's Guangdong province is pouring hefty investment into an ambitious plan to profoundly change the infrastructure and overall city image by 2014.
Foshan is anticipating a surge in European investors and industrial service providers, especially from Germany, following the establishment of Foshan Sino-German Industrial Services Zone.
The Foshan Foreign Trade and Economic Cooperation Bureau recently signed an agreement with six banks for credit support to new investment projects.
Following the operation of the data center of Fujitsu Technology Corp, a handful of financial facilities including American International Assurance's Asia-Pacific finance center will soon become operational in Guangdong High Tech Service Zone for Financial Institutions.
China's Anhui province has found itself in the admirable position of acting as a link between the country's eastern and central regions, as a part of two grand strategies to develop the Yangtze River Delta and areas upstream.
There has been a number of cities in Auhui province emerging recently along a 400-kilometer stretch of the Wanjiang River that are the focus of a new national economic modernization plan, centered on Anhui, the provincial capital.
The city of Lu'an, on the Yangtze River in Anhui province, has been given an opportunity by central government policies that support the "rise of Central China" and industrial transfers from prosperous eastern provinces, and this is bringing an unprecedented burst of economic and social development.
One township in Anhui province has some big dreams of becoming a real city and a regional logistics, trade and industrial center within five years, by relying on its geographic advantages of lying close to the Yangtze River Delta hub cities.
In the early stages of China's economic boom, Zhejiang province was one of the areas where private export businesses first started to develop.
Only 25 years ago, Li Shufu borrowed money to start a company to make refrigerators. Eight years later, in 1994, Li began making motorcycles; four years later, his company started making small vans.
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Raymond Zhou
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