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Guangzhou Economy

 

Guangzhou is the transportation, industrial, financial and trade center of South China. It is a special economic development zone and an important trading point.

The natural conditions here are advantage and the products' resources are abundant. The main grain crop is paddy rice, and also there is maize, wheat, sweet potatoes and so on. There is peanut, sesame seed, sugar-cane, beans, tobacco, bast-fibre plants, tea and some other cash crops. There are more than 500 kinds of fruits, so it is called the land of fruits. There are 340 kinds of vegetables. And there are 210 kinds of wild animals. Also there are hundreds of medicinal materials. The geographical condition is complicated, and it is good for forming mine.

Guangzhou is a synthetic industrial city. It has an integrated steel complex, paper mills, a long-established textile industry (silk, cotton, jute, and more recently synthetic fibers), and factories producing tractors, machinery, machine tools, newsprint, refined sugar, small appliances, tires, bicycles, sports equipment, porcelain, cement, and chemicals. The traditional crafts are ivory carving, Yue embroidery, painted pottery, jade carving and so on. Guangzhou is the production center in the South.

The hub of water transportation along the Pearl River, it is the southern terminus of the Guangzhou-Wuhan RR. It has a large international airport and is linked with Hong Kong by the Guangzhou-Jiulong RR. Highways completed in the 1990s connect it with cities on the coast. Guangzhou is one of the marketplaces for China's world trade; great national trade expositions, held there every spring and fall (since 1957), attract thousands of business people from all over the world.

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