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Nanjing – An Open & Dynamic City

Nanjing is the capital city of Jiangsu Province, with 11 districts. It has a population of 8.1 million and covers a total area of 6,598 square kilometers. In 2013, the GDP of Nanjing reached RMB880 billion, with GDP per capita over US$15,000.  

Nanjing is not only a famous historical and cultural city, but a well-known garden city integrating mountains, rivers, lakes, city wall and forests. With a city history of 2,500 years, it is regarded as one of the Four Ancient Capitals of China. As a livable city with enjoyable environment, its forest coverage rate is as large as 26%. With green space coverage of 46.5%, it has won honors such as China’s Outstanding Tourism Destination and National Garden City. 

  

  

Nanjing boasts rich resources in science, technology and education. There are over 50 colleges and universities with more than 700,000 students, plus over 600 R&D institutes of national and provincial level with more than 700,000 science and technology talents, including 77 academicians of China Academy of Sciences and China Academy of Engineering. This explains its winning of a series of titles, namely Pilot City for Innovative Development, China Famous Software City, China Service Outsourcing Base, and National Software Export & Innovation Base. 

Nanjing is a key transport hub, with a network combining shipping, airway, railway, and highway. Nanjing South Railway Station will become the largest railway transport hub in Asia when completed. The inter city railway takes only 73 minutes to travel from Nanjing to Shanghai. The high speed railway between Nanjing and Hangzhou has been put into use, connecting the two cities for only 56 minutes by railway transportation.  

Nanjing is an open city with 12 development zones of provincial level and above, including 4 ones of national level. Among the Fortune 500 Companies, 91 have invested here, including VW, Motorola, Ford, BASF, Ericsson, Siemens, Sharp, LG and so on. 

With a solid foundation, Nanjing is a key industrial base in China. A modern industrial structure has been put in place, consisting of 4 traditional pillar industries, 8 emerging industries and 8 modern services sectors. The 4 traditional pillar industries are electronics, petrochemical, automotive and iron & steel. The 8 emerging industries include new energy, smart power grid, software, service outsourcing and so on. Nanjing Crystal Valley Program features a total investment of RMB70 billion. With an investment of RMB35 billion, the Gen-10 LCD panel line project in the valley had successfully gained approval from the national government. 

Nanjing is a regional central city with a well-developed service industry. As a key commerce distribution center in East China, Nanjing has a dozen of well-known businesses both at home and abroad, such as Suning Appliance, Five Star Appliance, Suguo Supermarket and HISAP. Nanjing Branch is one of the 9 inter regional branches of People’s Bank of China. The city’s financial business reaches out to all over Jiangsu Province as well as neighboring provinces, while its total volume of loans and deposits have both exceeded RMB5 trillion. And as one of China’s 5 regional telecommunication hub, Nanjing is very strong in telecom transmission and regional internet data exchange. 

As such a dynamic city, Nanjing is hosting the Second Summer Youth Olympic Games in 2014. While preparing for the YOG, it will seize the opportunity to push forward the building of a modernized international cultural and green capital, as well as to improve the urban environment, urban functions and life quality.