• Home
  • Introduction
  • Advantage
  • Investing Process
  • Service
  • News
  • Contact Us
  • Communication
  • Facebook
  • Linkedin
  • China@tanikawa.com
  • 0086-21-68911976
  • Home > Advantage

    Economy

    The province is traditionally known as the "Land of Fish and Rice". True to its name, rice is the main crop, followed by wheat; north Zhejiang is also a center of aquaculture in China, and the Zhoushan fishery is the largest fishery in the country. The main cash crops include jute and cotton, and the province also leads the provinces of China in tea production. (The renowned Longjing tea is a product of Hangzhou.) Zhejiang's towns have been known for handicraft production of goods such as silk, for which it is ranked second among the provinces. Its many market towns connect the cities with the countryside.As of 1832, the province was exporting silk, paper, fans, pencils, wine, dates, tea and "golden-flowered" hams.[20]See also: Pearl farming in ChinaNingbo, Wenzhou, Taizhou and Zhoushan are important commercial ports. The Hangzhou Bay Bridge between Haiyan County and Cixi, is the longest bridge over a continuous body of sea water in the world.Zhejiang's main manufacturing sectors are electromechanical industries, textiles, chemical industries, food, and construction materials. In recent years Zhejiang has followed its own development model, dubbed the "Zhejiang model", which is based on prioritizing and encouraging entrepreneurship, an emphasis on small businesses responsive to the whims of the market, large public investments into infrastructure, and the production of low-cost goods in bulk for both domestic consumption and export. As a result, Zhejiang has made itself one of the richest provinces, and the "Zhejiang spirit" has become something of a legend within China. However, some economists now worry that this model is not sustainable, in that it is inefficient and places unreasonable demands on raw materials and public utilities, and also a dead end, in that the myriad small businesses in Zhejiang producing cheap goods in bulk are unable to move to more sophisticated or technologically more advanced industries.[21] The economic heart of Zhejiang is moving from North Zhejiang, centered on Hangzhou, southeastward to the region centered on Wenzhou and Taizhou.[15] The per capita disposable income of urbanites in Zhejiang reached 47,237 yuan (US$7,112) in 2016, an annual real growth of 8.1%. The per capita disposable income of rural residents stood at 22,866 yuan (US$3,442), a real growth of 8.2% year-on-year.[22] Zhejiang's nominal GDP for 2016 was 4.65 trillion yuan (US$700 billion) with a per capita GDP of 83,538 yuan (US$12,577).[23] In 2016, Zhejiang's primary, secondary, and tertiary industries were worth 196.6 billion yuan (US$29.6 billion), 2.0518 trillion yuan (US$308.9 billion), and 2.4001 trillion yuan (US$361.3 billion) respectively.

    Politics

    The politics of Zhejiang is structured in a dual party-government system like all other governing institutions in Mainland China. The Governor of Zhejiang is the highest-ranking official in the People's Government of Zhejiang. However, in the province's dual party-government governing system, the Governor is subordinate to the Zhejiang Communist Party of China (CPC) Provincial Committee Secretary, colloquially termed the "Zhejiang CPC Party Chief".Several political figures who served as Zhejiang's top political office of Communist Party Secretary have played key roles in various events in PRC history. Tan Zhenlin (term 1949-1952), the inaugural Party Secretary, was one of the leading voices against Mao's Cultural Revolution during the so-called February Countercurrent of 1967. Jiang Hua (term 1956-1968), was the "chief justice" on the Special Court in the case against the Gang of Four in 1980. Three provincial Party Secretaries since the 1990s have gone onto prominence at the national level. They include CPC General Secretary and President Xi Jinping (term 2002-2007), National People's Congress Chairman and former Vice-Premier Zhang Dejiang (term 1998-2002), and Zhao Hongzhu (term 2007-2012), the Deputy Secretary of the Central Commission for Discipline Inspection, China's top anti-corruption body. Of Zhejiang's fourteen Party Secretaries since 1949, none were native to the province.Zhejiang was home to Chiang Kai-shek and many high-ranking officials in the Kuomintang, who fled to Taiwan in 1949 after losing the Civil War.

    Geography

    Zhejiang consists mostly of hills, which account for about 70% of its total area. Altitudes tend to be the highest to the south and west and the highest peak of the province, Huangmaojian Peak (1,929 meters or 6,329 feet), is located there. Other prominent mountains include Mounts Yandang, Tianmu, Tiantai, and Mogan, which reach altitudes of 700 to 1,500 meters (2,300 to 4,900 ft).Valleys and plains are found along the coastline and rivers. The north of the province lies just south of the Yangtze Delta, and consists of plains around the cities of Hangzhou, Jiaxing, and Huzhou, where the Grand Canal of China enters from the northern border to end at Hangzhou. Another relatively flat area is found along the Qu River around the cities of Quzhou and Jinhua. Major rivers include the Qiangtang and Ou Rivers. Most rivers carve out valleys in the highlands, with plenty of rapids and other features associated with such topography. Well-known lakes include the West Lake of Hangzhou and the South Lake of Jiaxing.There are over three thousand islands along the rugged coastline of Zhejiang. The largest, Zhoushan Island, is Mainland China's third largest island, after Hainan and Chongming. There are also many bays, of which Hangzhou Bay is the largest. Zhejiang has a humid subtropical climate with four distinct seasons. Spring starts in March and is rainy with changeable weather. Summer, from June to September is long, hot, rainy, and humid. Fall is generally dry, warm and sunny. Winters are short but cold except in the far south. Average annual temperature is around 15 to 19 °C (59 to 66 °F), average January temperature is around 2 to 8 °C (36 to 46 °F) and average July temperature is around 27 to 27 to 30 °C (81 to 86 °F). Annual precipitation is about 1,000 to 1,900 mm (39 to 75 in). There is plenty of rainfall in early summer, and by late summer Zhejiang is directly threatened by typhoons forming in the Pacific.

    Demographics

    Han Chinese make up the vast majority of the population, and the largest Han subgroup are the speakers of Wu varieties of Chinese. There are also 400,000 members of ethnic minorities, including approximately 200,000 She people and approximately 20,000 Hui Chinese[citation needed]. Jingning She Autonomous County in Lishui is the only She autonomous county in China.

    History

    Kuahuqiao culture was an early neolithic culture that flourished in Hangzhou area in 6,000-5,000 BC.[6][7]Zhejiang was the site of the Neolithic cultures of the Hemudu (starting in 5500 BC) and Liangzhu (starting in 3400 BC).The area of modern Zhejiang was outside the major sphere of influence of the Shang civilization during the second millennium BC. Instead, this area was populated by peoples collectively known as Dongyue and the Ouyue.The kingdom of Yue began to appear in the chronicles and records written during the Spring and Autumn period. According to the chronicles, the kingdom of Yue was in northern Zhejiang. Shiji claims that its leaders were descended from the Shang founder Yu the Great. The "Song of the Yue Boatman" (Chinese: 越人歌, p Yuèrén Gē, lit. "Song of the man of Yue") was transliterated into Chinese and recorded by authors in north China or inland China of Hebei and Henan around 528 BC. The song shows that the Yue people spoke a language that was mutually unintelligible with the dialects spoken in north and inland China. The Sword of Goujian bears bird-worm seal script. Yuenü (Chinese: 越女; pinyin: Yuènǚ; Wade–Giles: Yüeh-nü; literally: "the Lady of Yue") was a swordswoman from the state of Yue. To check the growth of the kingdom of Wu, Chu pursued a policy of strengthening Yue.Under King Goujian, Yue recovered from its early reverses and fully annexed the lands of its rival in 473 BC. The Yue kings then moved their capital center from their original home around Mount Kuaiji in present-day Shaoxing to the former Wu capital at present-day Suzhou. With no southern power to turn against Yue, Chu opposed it directly and, in 333 BC, succeeded in destroying it. Yue's former lands were annexed by the Qin Empire in 222 BC and organized into a commandery named for Kuaiji in Zhejiang but initially headquartered in Wu in Jiangsu.Kuaiji Commandery was the initial power base for Xiang Liang and Xiang Yu's rebellion against the Qin Empire which initially succeeded in restoring the kingdom of Chu but eventually fell to the Han. Under the Later Han, control of the area returned to the settlement below Mount Kuaiji but authority over the Minyue hinterland was nominal at best and its Yue inhabitants largely retained their own political and social structures.At the beginning of the Three Kingdoms era (220–280 CE), Zhejiang was home to the warlords Yan Baihu and Wang Lang prior to their defeat by Sun Ce and Sun Quan, who eventually established the Kingdom of Wu. Despite the removal of their court from Kuaiji to Jianye (present-day Nanjing), they continued development of the region and benefitted from influxes of refugees fleeing the turmoil in northern China. Industrial kilns were established and trade reached as far as Manchuria and Funan (south Vietnam).Zhejiang was part of the Wu during the Three Kingdoms. Wu (229–280), commonly known as Eastern Wu or Sun Wu, had been the economically most developed state among the Three Kingdoms (220–280 CE). The historical novel Romance of the Three Kingdoms records that Zhejiang had the best-equipped, strong navy force. The story depicts how the states of Wei (魏) and Shu (蜀), lack of material resources, avoided direct confrontation with the Wu. In armed military conflicts with Wu, the two states relied intensively on tactics of camouflage and deception to steal Wu's military resources including arrows and bows.Despite the continuing prominence of Nanjing (then known as Jiankang), the settlement of Qiantang, the former name of Hangzhou, remained one of the three major metropolitan centers in the south to provide major tax revenue to the imperial centers in the north China. The other two centers in the south were Jiankang and Chengdu. In 589, Qiantang was raised in status and renamed Hangzhou.Following the fall of Wu and the turmoil of the Wu Hu uprising against the Jin dynasty (265–420), most of elite Chinese families had collaborated with the non-Chinese rulers and military conquerors in the north. Some may have lost social privilege, and took refugee in areas south to Yangtze River. Some of the Chinese refugees from north China might have resided in areas near Hangzhou. For example, the clan of Zhuge Liang (181–234), a chancellor of the state of Shu Han from Central Plain in north China during the Three Kingdoms period, gathered together at the suburb of Hangzhou, forming an exclusive, closed village Zhuge Village (Zhege Cun), consisting of villagers all with family name "Zhuge". The village has intentionally isolated itself from the surrounding communities for centuries to this day, and only recently came to be known in public. It suggests that a small number of powerful, elite Chinese refugees from the Central Plain might have taken refugee in south of the Yangtze River. However, considering the mountainous geography and relative lack of agrarian lands in Zhejiang, most of these refugees might have resided in some areas in south China beyond Zhejiang, where fertile agrarian lands and metropolitan resources were available, mainly southern Jiangsu, eastern Fujian, Jiangxi, Hunan, Anhui, and provinces where less cohesive, organized regional governments had been in place. Metropolitan areas of Sichuan was another hub for refugees, given that the state of Shu had long been founded and ruled by political and military elites from the Central Plain and north China. Some refugees from the north China might have found residence in south China depending on their social status and military power in the north. The rump Jin state or the Southern Dynasties vied against some elite Chinese from the Central Plain and south of the Yangtze River.Zhejiang, as the heartland of the Jiangnan (Yangtze River Delta), remained the wealthiest area during the Six Dynasties (220 or 222–589), Sui, and Tang. After being incorporated into the Sui dynasty, its economic richness was used for the Sui dynasty's ambitions to expand north and south, particularly into Korea and Vietnam. The plan led the Sui dynasty to restore and expand the network which became the Grand Canal of China. The Canal regularly transported grains and resources from Zhejiang, through its metropolitan center Hangzhou (and its hinterland along both the Zhe River and the shores of Hangzhou Bay), and from Suzhou, and thence to the North China Plain. The débâcle of the Korean war led to Sui's overthrow by the Tang, who then presided over a centuries-long golden age for the country. Zhejiang was an important economic center of the empire's Jiangnan East Circuit and was considered particularly prosperous. Throughout the Tang dynasty, The Grand Canal had remained effective, transporting grains and material resources to North China plain and metropolitan centers of the empire. As the Tang Dynasty disintegrated, Zhejiang constituted most of the territory of the regional kingdom of Wuyue.After the collapse of the Tang Dynasty in 907, the entire area of what is now Zhejiang fell under the control of the kingdom Wuyue established by King Qian Liu, who selected Hangzhou (a city in the modern day area of Zhejiang) as his kingdom's capital. Despite being under Wuyue rule for a relatively short period of time, Zhejiang underwent a long period of financial and cultural prosperity which continued even after the kingdom fell.After Wuyue was conquered during the reunification of China, many shrines were erected across the former territories of Wuyue, mainly in Zhejiang, where the kings of Wuyue were memorialised, and sometimes, worshipped as dictating weather and agriculture. Many of these shrines, known as "Shrine of the Qian King" or "Temple to the Qian King", still remain today, with the most popularly visited example being that near West Lake in Hangzhou.China's province of Zhejiang during the 940s was also the place of origin of the Hú family (Hồ in Vietnamese) from which the founder of the Hồ Dynasty who ruled Vietnam, Emperor Hồ Quý Ly, came from.The Song dynasty re-established unity around 960. Under the Song, the prosperity of South China began to overtake that of North China. After the north was lost to the Jurchen Jin dynasty in 1127 following the Jingkang Incident, Hangzhou became the capital of the Song Dynasty under the name Lin'an, which was renowned for its prosperity and beauty, it was suspected to have been the largest city in the world at the time.[10]From then on, northern Zhejiang and neighboring southern Jiangsu have been synonymous with luxury and opulence in Chinese culture. The Mongol conquest and the establishment of the Yuan dynasty in 1279 ended Hangzhou's political clout, but its economy continued to prosper. The famous traveler Marco Polo visited the city, which he called "Kinsay" (after the Chinese Jingshi, meaning "Capital City") claiming it was "the finest and noblest city in the world".[11]Greenware ceramics made from celadon had been made in the area since the 3rd-century Jin dynasty, but it returned to prominence—particularly in Longquan—during the Southern Song and Yuan. Longquan greenware is characterized by a thick unctuous glaze of a particular bluish-green tint over an otherwise undecorated light-grey porcellaneous body that is delicately potted. Yuan Longquan celadons feature a thinner, greener glaze on increasingly large vessels with decoration and shapes derived from Middle Eastern ceramic and metalwares. These were produced in large quantities for the Chinese export trade to Southeast Asia, the Middle East, and (during the Ming) Europe. By the Ming, however, production was notably deficient in quality. It is in this period that the Longquan kilns declined, to be eventually replaced in popularity and ceramic production by the kilns of Jingdezhen in Jiangxi.Zhejiang was finally conquered by the Mongols in the late 13th century who later established the short lived Yuan Dynasty.The Ming dynasty, which drove out the Mongols in 1368, finally established the present day province of Zhejiang with its borders having little changes since this establishment.As in other coastal provinces, number of fortresses were constructed along the Zhejiang coast during the early Ming to defend the land against pirate incursions. Some of them have been preserved or restored, such as Pucheng in the south of the province (Cangnan County).Under the late Ming dynasty and the Qing dynasty that followed it, Zhejiang's ports were important centers of international trade."In 1727 the to-min or 'idle people' of Cheh Kiang province (a Ningpo name still existing), the yoh-hu or 'music people' of Shanxi province, the si-min or 'small people' of Kiang Su (Jiangsu) province, and the Tanka people or 'egg-people' of Canton (to this day the boat population there), were all freed from their social disabilities, and allowed to count as free men."[13] "Cheh Kiang" is another romanization for Zhejiang. The Duomin (Chinese: 惰民; pinyin: duò mín; Wade–Giles: to-min) are a caste of outcasts in this province.During the First Opium War, the British navy defeated Eight Banners forces at Ningbo and Dinghai. Under the terms of the Treaty of Nanking, signed in 1843, Ningbo became one of the five Chinese treaty ports opened to virtually unrestricted foreign trade. Much of Zhejiang came under the control of the Taiping Heavenly Kingdom during the Taiping Rebellion, which resulted in a considerable loss of life in the north-western and central parts of the province, sparing the rest of Zhejiang from the disastrous depopulation that occurred. In 1876, Wenzhou became Zhejiang's second treaty port. Jianghuai Mandarin speakers later came to settle in these depopulated regions of northern Zhejiang.During the Second Sino-Japanese War, which led into World War II, much of Zhejiang was occupied by Japan and placed under the control of the Japanese puppet state known as the Reorganized National Government of China. Following the Doolittle Raid, most of the B-25 American crews that came down in China eventually made it to safety with the help of Chinese civilians and soldiers. The Chinese people who helped them, however, paid dearly for sheltering the Americans. The Imperial Japanese Army began the Zhejiang-Jiangxi Campaign to intimidate the Chinese out of helping downed American airmen. The Japanese killed an estimated 250,000 civilians from the area of Hangzhou to Nanchang and also Zhuzhou while searching for Doolittle’s men.After the People's Republic of China took control of Mainland China in 1949, the Republic of China government based in Taiwan continued to control the Dachen Islands off the coast of Zhejiang until 1955, even establishing a rival Zhejiang provincial government there, creating a situation similar to Fujian province today. During the Cultural Revolution (1966–76), Zhejiang was in chaos and disunity, and its economy was stagnant, especially during the high tide (1966–69) of the revolution. The agricultural policy favoring grain production at the expense of industrial and cash crops intensified economic hardships in the province. Mao’s self-reliance policy and the reduction in maritime trade cut off the lifelines of the port cities of Ningbo and Wenzhou. While Mao invested heavily in railroads in interior China, no major railroads were built in South Zhejiang, where transportation remained poor.[15]Zhejiang benefited less from central government investment than some other provinces due to its lack of natural resources, a location vulnerable to potential flooding from the sea, and an economic base at the national average. Zhejiang, however, has been an epicenter of capitalist development in China, and has led the nation in the development of a market economy and private enterprises.[15] Northeast Zhejiang, as part of the Yangtze Delta, is flat, more developed, and industrial.[15]

    © Copyright 2017 Invest in Hangzhou
  • facebook
  • linkedin
  • email
  • tel
    0086-21-68911976
  • more
  • Share