Manufacturing in China: City Guide- Hangzhou

Last Updated: June 12, 2023

 

Manufacturing in China provides limitless opportunities for international companies looking to outsource production. Understanding what city offers the expertise you need will help you find the perfect supplier with experience in your specific field of production.

China 2 West has sales and support offices around the world and multiple quality control and engineering locations within China, predominantly positioned close to manufacturing hubs. We’d like to introduce our City Guide series, taking an in-deep look at the Chinese cities we’re operating in and showing the city’s specializations of production. Let’s dive in.

 

Overview

Hangzhou is the capital of Zhejiang Province and it’s located at the end of the Beijing-Hangzhou Canal, also known as Jing–Hang Grand Canal, the longest man-made waterway in the world. It is a vibrant and prosperous city known for its rich history, natural beauty, and booming manufacturing industry.

One of the birthplaces of Chinese civilization and ranking among the seven ancient capitals in China, Hangzhou stands out as the “Famous Town of Southeast China”. The place was founded about 2,200 years ago during the Qin Dynasty (221-206 BC). The city was the capital of the Wuyue Kingdom in the Five Dynasties and Ten Kingdoms Period as well as the capital of the Southern Song Dynasty. In the 13th century, Marco Polo lauded it as “one of the most charming and luxurious cities in the world”.

Today, Hangzhou covers an area of approximately 16,850 square kilometers and has a population of around 12.376 million inhabitants. The city has successfully positioned itself as a significant economic and technological center within the country.

 

Economic Profile

Hangzhou’s pillar industries are equipment manufacturing, electronic information, IT, pharmaceuticals, finance, textiles, and garments. Other specializations available are electronic appliances, machinery equipment for automobiles, construction materials, chemical fibers, biochemicals, refined chemicals, electronics, machinery, opto-electro-mechanical, bio-pharmaceuticals, and textiles fibers.

In 2022, Hangzhou’s GDP reached 1875.3 billion yuan ($272.62 billion), a year-on-year increase of 1.5%. This positioned the city as 9th in terms of GDP in China, representing more than 27% of the nation’s total.

The per capita GDP stood at 152,588 yuan, which is approximately equivalent to US$22,686 based on the annual exchange rate. Per capita income of urban and rural residents grew 3.1% and 5.8% respectively to 77,043 yuan and 45,13 yuan.

Hangzhou’s imports and exports amounted to 756.48 billion yuan, representing 16.2% of the province’s total. Notably, exports exceeded 500 billion yuan for the first time, reaching 514.1 billion yuan, accounting for 2.15% of the whole nation. As RCEP (Regional Comprehensive Economic Partnership) entered into force in 2022, Hangzhou is anticipating more potential growth in the coming years.

 

Development Zones

Hangzhou has six major development zones, counting as follows:

 

About Us

Finding a proper electronics manufacturing company to ensure your product quality can help you avoid lots of trouble. If you are considering outsourcing your project to China, look no further than China 2 West. We have developed to be a famous one-stop-shop manufacturing consultancy from product sourcing and manufacturing to QC inspection and distribution in the Greater Bay Area in Southern China. If you want to know more about how we can help your project, don’t hesitate to contact us today.