Guangzhou City



Guangzhou, referred to as “ Sui ”, nicknamed Yangcheng and Huacheng , is the capital city of Guangdong Province , the sub-provincial city , the national central city , the super-large city , and the important central city, international trade center and comprehensive transportation hub approved by the State Council [1] . By 2018, the city has 11 districts with a total area of ​​7,434 square kilometers, a built-up area of ​​1249.11 square kilometers, a resident population of 19,940,400, an urban population of 1,284,400, and an urbanization rate of 86.38%. [2]  In 2017, the resident population of Guangzhou City was 14.498 million, and the urbanization rate was 86.14%. At the end of the year, the registered population was 8,897,700, and the urbanization rate was 79.69% [36]  . As of the end of May 2018, the registered foreign population of Guangzhou was 9,673,300, and the registered population was 9,119,800.

Located in the south of China, bordering on the South China Sea and the northern edge of the Pearl River Delta , Guangzhou is the headquarters of the Southern China Theater Command [3]  , a national comprehensive gateway city , the first coastal open city , the southern gateway to China’s world , Guangdong, Hong Kong and Macau. The district , the central city of the Pan-Pearl River Delta Economic Zone and the hub city of the Belt and Road . [4-7] 

Guangzhou is a national historical and cultural city . It has been the seat of the county, the state, and the government since the Qin Dynasty. It is the political, military, economic, cultural, and scientific center of South China . Guangzhou is the radiation center of Guangfu culture . It has become the main port of the Maritime Silk Road since the third century AD . It became the largest port in China during the Tang and Song Dynasties. It is the world-famous Oriental Port City. It was the only foreign trade port in China during the Ming and Qing Dynasties . It is the only port in the world that has been growing for more than two thousand years. [8-10]  Guangzhou is a global authority on GaWC as the world’s first-tier cities [11]  , held every year China Import and Export Fair attracted a large number of businessmen and a large number of foreign-funded enterprises , Fortune 500 companies invest in [12]  . There are more than 8,700 national high-tech enterprises in Guangzhou , ranking the top three in the country, gathering 80% of the province’s colleges and universities, 70% of science and technology personnel, and the total number of university students in the country ranks first in the country. [13-14] 

Per capita household deposits in Guangzhou rank among the top three in the country, and per capita disposable income ranks first in the province [15-17]  . The Guangzhou Human Development Index ranks first in China, and the National Central City Index ranks third in China [18-19]  . Forbes ranked second in the “ Best Commercial City Rankings in Mainland China ” in2017 ; China ranked third in the top 100 cities .

    In the Qin Dynasty, Guangzhou has always been the administrative center of the county , the state , and the government . In the late Qin and early Han dynasties and the end of the Tang Dynasty, Guangzhou had twice appeared as a small country. In the late Qin Dynasty, it was Nanyue State . Zhao Wei (Qin’s Nanhaiyu) became a South Vietnamese king. Guangzhou became the kingdom of Nanyue.

 (206-111 BC). At the end of the Tang Dynasty, Liu Yan (also known as Liu Gong) was the emperor of Guangzhou. The country of Nanhan (AD 917-971) used Guangzhou as the capital (then known as Xing Wangfu). The Guangzhou area has been designated as Nanhai County since the Qin Dynasty (214 BC) . Its administrative jurisdiction has been in the past. The smallest scope is also in the central and northern parts of Guangdong Province. The largest area includes most of Guangdong and Guangxi. area.

Location horizon

Guangzhou is located in the south of China, Guangdong Province, south-central, the Pearl River Delta in northern margin, is the Xijiang , Beijiang , Dongjiang confluence of three rivers, endangered South China Sea, east of Boluo, Longmen counties, west of Sanshui, Shunde, South China Sea and the North It depends on Qingyuan City, Fogang County and Xinfeng County, and connects Dongguan City and Zhongshan City to the south. It faces the Hong Kong and Macao across the sea. It is one of the starting points of the Maritime Silk Road. China’s “South Gate” is Guangfo City. Circle, Guangdong, Hong Kong and Macao metropolitan area, the core city of the Pearl River Delta metropolitan area. [31] 

Guangzhou is located at 112 degrees 57 minutes to 114 degrees 3 minutes east longitude, 22 degrees 26 minutes to 23 degrees 56 minutes north latitude. The city center is located at 23 degrees, 06 minutes and 32 seconds north latitude, 113 degrees 15 minutes and 53 seconds east longitude. 

  • business

Known as the “Millennium Business Capital”, Guangzhou has always been one of the most important business centers in China. Guangzhou has more than 100,000 commercial outlets and is the top ten cities in China. Tianhe Road Commercial Area, Zhujiang New City , Beijing Road Pedestrian Street , Jiangnan West Road Commercial Street District, Shangxiajiu Pedestrian Street, etc. are the largest commercial districts in the city . The Tianhe Road commercial district is known as the first commercial district in South China. [66] 

Guangzhou five named by Forbes China best commercial city in the first [67]  . In 2017, Guangzhou achieved a total retail sales of 940.26 billion yuan, an increase of 8% year-on-year, ranking third in the country for 30 consecutive years [68]  . The retail sales of accommodation and catering industry ranked first in the country with a total volume of 114.324 billion yuan [69]  . The per capita consumer goods retail sales rank first in China. The total value of imports and exports of goods was 971.436 billion yuan, an increase of 13.7% over the previous year. Among them, the total value of merchandise exports was 579.215 billion yuan, an increase of 12.3%; the total value of merchandise imports was 392.221 billion yuan, an increase of 16.0%. [40] 

  • financial

2017, Guangzhou achieve financial industry added value of 199.876 billion yuan, an increase of 8.6%, accounting for 9.3% of GDP, has become a pillar industry of Guangzhou City, the fifth-largest and fourth largest engine of economic growth [47]  . At the end of 2017, the balance of deposits in both local and foreign currencies of all financial institutions was 5,316.903 billion yuan, an increase of 383.878 billion yuan over the beginning of the year, of which the balance of RMB deposits was 49,332.53 billion yuan, an increase of 339.519 billion yuan. The balance of loans in both local and foreign currencies of all financial institutions was 341.375 billion yuan, an increase of 446.723 billion yuan, of which the balance of various loans of 333.273 billion yuan was increased by 442.171 billion yuan. Household deposits were 1,503.229 billion yuan. [40] 

Guangzhou has cultivated 154 domestic and overseas listed companies with a total market capitalization of 2.71 trillion yuan, including 100 domestic A-share listed companies with a total market value of 1.68 trillion yuan. The Guangzhou Equity Exchange Center has accumulatively listed and registered 8,740 enterprises, with a cumulative turnover and financing transaction amount of RMB 1992.44 billion [70]  . There are 477 listed companies in Guangzhou New Third Board, with a total market value of 127.01 billion yuan and a total fundraising of 12.796 billion yuan, of which 51 enterprises have been selected as the innovation layer, ranking first in the provincial capital cities. [71] 

In 2017, there were 3 securities companies in Guangzhou, with an annual operating income of 16.09 billion yuan and a net profit of 6.56 billion yuan. There were 325 securities branches, with a stock account number of 13.903 million and a stock transaction volume of 71,038.98 billion yuan. There are 7 futures companies. The annual transaction volume is 405 million, the agency transaction volume is 23.88 trillion yuan, the operating income is 1.637 billion yuan, and the net profit is 490 million yuan. [40] 

At the end of 2017, the city had 5 insurance legal entities and 102 market entities. The original premium income for the year was 112.73 billion yuan. Among them, the original premium income of property insurance was 25.58 billion yuan; the original premium income of life insurance business was 68.08 billion yuan; the original premium income of health insurance and accident insurance business was 19.06 billion yuan. Pay various types of insurance claims and pay 26.97 billion yuan. Among them, the property insurance business claims expenditure of 12.83 billion yuan; life insurance business claims expenditure of 10.91 billion yuan; health insurance and accidental injury insurance claims expenditure of 3.23 billion yuan. [40] 

On March 19, 2017, the CSI quotation system Southern Operation Center officially settled in Guangzhou and launched the CSI quotation private equity market launch ceremony. The project marks the landing of two projects (Shanghai and Shenzhen Stock Exchange) and two systems (national share transfer). The system and the CSI quotation system form a four-legged situation in Beijing, Shanghai and Guangzhou. The two major financial brand projects have settled in Guangzhou, and the F20-International Financial Forum (IFF), known as the international financial community, has permanently settled in Guangzhou. The China’s top venture capital forum, the China Venture Capital Forum , has been held in Guangzhou and Shenzhen in 2017. [72]  . On June 26, 2017, Huadu District of Guangzhou City became a green financial reform and innovation pilot zone. [73] 

  • Exhibition Canton Fair

In 2017, the city’s key venues held 678 exhibitions, a year-on-year increase of 23.0%; the exhibition area was 9.896 million square meters, ranking second in the country, up 10.4% year-on-year; 7768 conference sessions, an increase of 9.0% year-on-year; 15.57 million person-times, an increase of 5.5% year-on-year [74]  . The world-famous China Import and Export Fair has been held in Guangzhou since the 1950s, and has won the title of “China’s First Exhibition” with the largest scale, the longest time, the highest grade and the highest volume.


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