What is the economic profile of Nanjing?

During the Republic of China period, the national government put considerable effort into Nanjing's economic construction, building a number of enterprises that had a certain influence in the whole of China. after 1949, Nanjing's development was relatively slow, but the scale of its heavy and chemical industries still ranked the first in Jiangsu. After the reform and opening up in the 1980s, Nanjing lagged behind other cities in the Yangtze River Delta, such as Suzhou and Wuxi, which are dominated by foreign investment and private enterprises, due to its predominantly state-run economy. Nanjing Local Well-known companies in Nanjing City at night include Panda Electronics, Yangzi Petrochemicals, Jinling Petrochemicals, Leapfrog Automobile, Jiangnan Optoelectronics, Suning Global, Yurun, Pacific Construction, Suning Appliances, Five Star Appliances, and Hongtu Sanko.

Industry

Nanjing's industry is characterized by electronic information, petrochemicals, automobile machinery, biopharmaceuticals, food and beverages, and instrumentation, etc. In 2008, the total industrial output value above the large-scale industry amounted to 647.223 billion yuan.

The latest assessment, manufacturing "ten strong city" Nanjing listed first. In the ranking, Nanjing's city manufacturing economy creativity ranked sixth, scientific and technological innovation capacity ranked first, and environmental resources protection capacity ranked fifth.

Business

In 2008, Nanjing realized total retail sales of consumer goods of RMB 165.182 billion. Nanjing's major commercial districts include Xinjiekou, Hunan Road, Fuzimiao and Zhujiang Road. Xinjiekou, located in the center of Nanjing, was developed as a commercial district during the Republic of China period, and now concentrates a large number of large-scale stores. Hunan Road is located in Gulou District and is mainly a new commercial area that emerged after the 1990s. Fuzimiao, located in Qinhuai District, is one of the oldest traditional commercial districts in Nanjing, which has been successively converted into an antique market since 1985, featuring restaurants and entertainment. Zhujiang Road, located in Xuanwu District and the seat of the district government, is one of the largest IT product distribution centers in East China.

Tourism

In 2008, the city's total tourism revenue amounted to 71.43 billion yuan, and at the end of 2004, the city had five 4A-class tourist attractions, 113 star-rated hotels and restaurants, of which eight were five-star hotels, and more than 300 travel agencies of all kinds, of which 27 were engaged in the international tourism business. Nanjing is also one of the first batch of excellent tourist cities assessed by China.