Business
  

Back onto center stage 

Updated: 2011-04-29 12:01

By Zhou Lihua and Meng Jing (China Daily European Weekly)

Twitter Facebook Myspace Yahoo! Linkedin Mixx

Investors on the coast already seem to be onto the changes. About 72 percent of the 50.6 billion yuan of domestic investment in Wuhan in 2010 came from the east. The investment jumped by 34.41 percent compared with that in 2009, local government statistics show.

The Wuhan Economic and Technological Development Zone is also banking on the city's proximity to major cities in China. The zone is a major destination for investment from coastal China and foreign countries in Wuhan.

"Following Midea and Haier's move, Gree Electric Appliance also decided to establish a plant in our zone in 2010. The big names in China's home appliances sector came here for the major market and the short delivery distance that Wuhan provides," says Yan Shicheng, vice-director of the zone's economic development bureau.

E-paper

Head on

Chinese household care goods producers eye big cities, once stronghold of multinational players

Carving out a spot
Back onto center stage 
The Chinese recipe

European Edition

Specials

British Royal Wedding

Full coverage of the royal wedding of Prince William and Kate Middleton in London. Best wishes

The final frontier

Xinjiang is a mysterious land of extremes that never falls to fascinate.

Bridging the gap

Tsinghua University attracts a cohort of foreign students wanting to come to China.

25 years after Chernobyl
Luxury car show
Peking Opera revival