Commercial Nanjing 南京商机
From 2006 to 2008, Nanjing’s total GDP achieved a sustained growth of over 12%. In 2008, Nanjing recorded a total GDP of ¥377.5 billion, up by 12.1% compared to 2007, and higher than the 2008 national GDP growth rate of 9%.
In 2008, per capita disposable income for Nanjing ranked fourth in China at ¥23,123 after Shanghai, Guangzhou and Beijing with ¥26,675, ¥25,317 and ¥24,725 respectively. Nanjing also ranked fourth in terms of average employee salary, at ¥39,876; after Guangzhou, Shanghai and Hangzhou, at ¥45,702, ¥42,089 and ¥40,193 respectively.
In 2008 Nanjing was also:
* Ranked fourth in the “Top 100 best commercial cities in Mainland China” by Forbes
* Awarded the “Special Citation of the Habitat Scroll of Honour” by UN-HABITAT
* Ranked third in the Sustainable Development Comprehensive Evaluation Report of Yangtze River Delta Cities
* Selected “The City with Strongest Development Capacity in Education” in the survey of “The City with Strongest Soft Power in Mainland China, 2009”
* Recorded the highest satisfaction level with education in China
Fortune 500 Enterprises in Nanjing
Over 80 of the top Fortune 500 enterprises have
invested in almost 150 projects in Nanjing, including:
BASF GROUP, Siemens, Bayer and Thyssen Krupp from Germany
Carrefour and Auchan from France
Shell and Phillips from the Netherlands
BP and Tesco from the UK
Ericsson from Sweden
Fiat from Italy
Ford, Motorola, Best Buy, Kimberly-Clark, Emerson and Morgan Chase from the USA
Sharp, Itochu, Hitachi, Fujitsu, Mitsubishi Heavy Industries and Sumitomo Corporation from Japan
LG and Samsung from Korea
New Materials
Sinoma Science & Technology
Gaochun Ceramic
Bote New
Material
Nanjing
Germanium Co., Ltd
Steel & Iron
Nanjing Iron and Steel Joint Group Ltd. Co.
Baosteel Group-Shanghai Meishan Co., Ltd.
Automobile
Changan Ford Mazda
Nanjing Auto
Nanjing Changan
Jincheng Corporation
New Energy
Nanjing PV-China Sunergy
Nanjing High-speed & Accurate Gear Group
Nanjing Turbine
Nanjing NARI
Retail
Suning Electrical Appliances
Suguo Supermarkets
Golden Eagle Retail Group
Growth industries - outsourcing
At present, there are over 400 service outsourcing enterprises in Nanjing, such as ZTE, Huawei, MOTOROLA, Lucent, Ford, FUJITSU, Satyam, Neusoft and iSoftStone. These reputable enterprises have already established delivery or R&D centres in Nanjing. World-class enterprises such as Microsoft, HP, INTEL, IBM and Flying have launched various projects related to service outsourcing in Nanjing. To date, there are over 70,000 people engaged in
service outsourcing in Nanjing. The public service platform for software technology and service outsourcing talents training centres have been
established. Special outsourcing industries such as software technology, games and animation, pharmaceutical R&D have also been set up. In 2008, the contracted value of service outsourcing in Nanjing reached USD800 million, accounting for 13.6% of the national gross
value. The executed value related to the delivery of service outsourcing was USD510 million, accounting for 10.8% nationwide. The executed
value of offshore service outsourcing was USD310 million, accounting for 8% nationwide.
Education and talent supply
Nanjing has one of the leading education systems in China. The city has 41 regular higher learning institutions, 113 vocational-technical schools, 5 international schools, 103 post-doctoral stations, and 501 independent R&D institutions of city level above. There are 78 academicians of the Chinese Academy of Sciences and Chinese Academy of Engineering in Nanjing and among them, 46 are academicians of the Chinese Academy of Sciences
and 32 are academicians of Chinese Academy of Engineering. With the level of education improved, Nanjing’s college enrolments have been growing steadily in recent years. Currently there are over 1,100 college students of every 10,000 residents. In 2008 Nanjing had 63,300 senior technicians, increasing by 5.2% from 2007 and 186,400 middle level technicians, increasing by 5.7% from 2007. In 2008, there were about 989,900 fully employed staff in both the urban and rural areas in Nanjing. In addition, foreign children can also be admitted into all public primary and middle schools in Nanjing.
The Blue Card
Foreigners who come to Nanjing for business can apply for the Nanjing Overseas Talent Resident Permit, commonly referred to as a Blue Card, as
long as they meet the relevant qualifications. A card holder is entitled to preferential treatments in 10 categories, such as starting a business, social
security and children’s education benefits, which are usually provided to citizens of Nanjing only.
Comfortable living
At the beginning of 2007, a report on the general well-being of China’s 31 major cities by the Oriental Outlook Weekly sponsored by Xinhua News
Agency showed that Nanjing had the highest level of public safety and well-being of residents. In September 2007, an investigation published by
China’s Institute of City Competitiveness showed that Nanjing ranked 3rd in the competition for the “Safest City of China”, following Hong Kong and
Shanghai. State statistics show that Nanjing public safety satisfaction level reached 98% and above as at the end of 2008.
In 2008, green space in Nanjing increased by 7.05 million square metres, of which 2.48 million square metres was newly developed. The green space per capita is 13.2 square metres, and urban green space reached 46.1%.
By the end of the year, there will be 16 cultural centres, 30 museums, and 18 public libraries in the city. As at the end of 2008, the city has 1,769 medical and health organisations including 301 hospitals, health centres and community medical service centres, 27 anti-epidemic and disease prevention stations, and 14 health and care centres for women and children. There are 6.78 health workers and 4.52 hospital beds for every 1,000 people in the city.