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Dongguan Investment Guide

Updated:2018-5-4 15:43:39    Source:www.tannet-group.comViews:1814

Dongguan is a prefecture-level city in central Guangdong Province of South China. An important industrial city in the Pearl River Delta, Dongguan borders the provincial capital of Guangzhou to the north, Huizhou to the northeast, Shenzhen to the south, and the Pearl River to the west. Dongguan ranks behind only Shenzhen, Shanghai and Suzhou in exports among Chinese cities, it is also home to one of the world's largest, though largely empty, shopping malls, the New South China Mall.

Geographical Location
Geographically, the city is mostly hilly to the east and flat in the west, with 115.98 milometers of shoreline. The urban centre of Dongguan is 50 kilometers from that of Guangzhou to its north, 90 milometers from Shenzhen to its south, 47 nautical miles (87 km) from Hong Kong and 48 nautical miles (89 km) from Macau by waterway. It is positioned in the middle of the Guangzhou-Shenzhen economic corridor, a hub for both land and sea transport.

Many foreign travellers to Dongguan fly into Hong Kong, which gives visa on arrival to citizens of over 170 countries. After landing, visitors must apply for a visa to enter mainland China. Dongguan serves as one of the regional railway hubs in Guangdong, where the Guangzhou-Kowloon Railway, Guangzhou-Meizhou-Shantou Railway and the Beijing-Kowloon Railway converge. One can travel from Hong Kong to Dongguan by bus, ferry, or train.

Economic Status
Dongguan is a major manufacturing hub, although it suffered significant loss of economic activity from the impact of the 2008 financial crisis. The largest industrial sector is manufacturing of electronics and communications equipment; international companies with facilities in Dongguan include DuPont, Samsung Electronics, Nokia, Coca-Cola, Nestlé and Maersk.

While the city is the third largest export region in China, behind Shanghai and Shenzhen (and a major centre for Taiwanese investment), outside of China, Dongguan has yet to gain the kind of name recognition realized by Shenzhen. This may be because the city has focused on infrastructure investment rather than the directly targeting of major corporations with financial incentives for economic development.

Industrial Zone
Dongguan Waterfront Economic Development Zone is located in the middle and only low-density development section of the Guangdong-Hong Kong Economic Belt. Future expansions along the belt, whether it be Guangzhou or Shenzhen, will inevitably drive high-end resources to the Zone, making it a new point of growth. In 2013, the Zone became a provincial-level development strategic platform as the Development and Reform Commission of Guangdong Province released the Overall Plan for Development of Dongguan Waterfront Economic Development Zone of Guangdong Province (2013-2030).

Dongguan Waterfront Economic Development Zone has always been a beautiful land of abundance. With profound change in the regional economic pattern of Guangdong Province and economic restructuring of Dongguan City in recent years, the Zone has seen increasing strategic significance and development potential.

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