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ANHUI - Hefei (Capital of the Anhui Province): Hefei is located between the Yangtze and Huaihe rivers, on the north bank of Lake Chaohu. It covers 7,266 square kilometers, including 458 square kilometers of urban area. The city administers three counties and four districts with a total population of 4.5 million, including 1.2 million urban residents. Economic Achievements: Hefei's GDP totaled 22.5 billion yuan in 1999 with its primary, secondary and tertiary industries accounting for 17.5%, 47% and 35.5%, respectively. Its industrial economy has grown rapidly, forming the city's industrial pillars of light industry, household electric appliances, machinery, metallurgy, chemicals, and building materials. Opening to the Outside World: Hefei has opened itself wider to overseas investment and actively tried to cultivate new economic growth points. The city has approved over 1,200 foreign-funded enterprises which have invested a total of 4.5 billion US dollars, including 1.5 billion US dollars of contracted investment. Development zones have become favorable places for foreign investment. The Hefei High-tech Industrial Development Zone has a designated area of 18.5 square kilometers, which is home to 442 enterprises. In recent years, these enterprises have obtained good results with a total annual income of 4.5 billion yuan from technology, industry, and trade. Other Cities Opening to the Outside World:
Other major cities in the province such as Huaibei,
Wuhu, Bengbu, Anging, and Chuzhou are also opening to overseas investment.
In addition to the nation's provincial preferential policy, the cities have
also set up a comprehensive service system involving industrial and
commercial administration, taxation, finance, insurance, electric power and
water supply, as well as post and telecommunications, in order to provide
sound, efficient, quality service for both domestic and overseas investors.
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