Cangzhou entrepreneur capitalizes on Beijing exodus

He had a 13,000-square-meter factory in Beijing before moving to Cangzhou. Though the factory could no longer meet his needs, he could not expand his production space due to land restraints. After relocating to Cangzhou, he is now building a 37,000-square-meter factory at a much lower cost.

Besides, electricity and water bills are almost half the price of Beijing, according to Wang.