Due to the rapid development of China’s economy, the regional development differences are gradually widening, so there are ten economic zones in China, which develop according to the local characteristics. There are top 10 financial centers in China 2019.
The northeast economic zone includes Liaoning, Lilin and Heilongjiang provinces. The focus here is to build itself into a national heavy equipment manufacturing base and maintain its position as a manufacturing base for energy and raw materials. Agriculture to corn, soybeans and sugar beet-based, to build a national specialized agricultural production base.
The northern coastal economic zone includes Beijing, Tianjin, Hebei and Shandong provinces. It gives full play to the advantages of talent, knowledge-intensive and information center, building into the country’s most powerful high-tech research, development and manufacturing center. Accelerating the process of regional integration, and forming another world-influential city cluster in China as soon as possible.
The eastern coastal economic zone, also known as the comprehensive economic zone of the lower Yangtze river, includes Shanghai, Jiangsu and Zhejiang provinces. Building it into a world financial center with international influence, the most influential multi-functional manufacturing center in China, especially the manufacturing center of light industrial equipment products, and the r&d and manufacturing center of high and new technologies.
The southeast coastal economic zone includes Guangdong, Fujian and Hainan provinces. The goal is to become the most important base of export-oriented economic development in China, the base of digesting advanced foreign technologies, the largest and most important production base of high-grade durable consumer goods and non-durable consumer goods, and the manufacturing center of high-tech products with national significance.
The upper and middle reaches of The Yellow River economic zone includes Shaanxi, Gansu, Ningxia, Shanxi and Henan provinces. It will become the country’s largest coal mining and deep coal processing base, natural gas and hydropower development base, iron and steel industry base and non-ferrous industry base. With Xi’an and Lanzhou as the core, it will further gather factors of production to build the equipment manufacturing center in the central and western regions and the high-tech industry intensive development zone.