Wenzhou’s GDP rose 67% to RMB 400.39 billion, ranking third after Hangzhou and
Ningbo in Zhejiang Province.
birthplace of China’s private economy, Wenzhou features a bustling private
economic sector and a highly market-oriented economy. The “Wenzhou Spirit,”
which embraces openness, hard work, cooperation and entrepreneurship, helps
drive the robust private economy.
industrial output from enterprises with designated size and above in Wenzhou rose
3.5% to RMB 441.85 billion in 2013. Heavy industry and light industry have
industrial output of RMB 288.59 billion and RMB 153.26 billion, accounting for
65.3% and 34.7% of the industrial sector.
10 pillar industries are electrical manufacturing, shoemaking, equipment
manufacturing, electrical production and supply, plastic manufacturing,
textiles, garments, transportation equipment manufacturing and chemicals.
known as the “capital of shoes.” Leading shoe enterprises in Wenzhou include
Aokang, Giho and Red Dragonfly.
sales of consumer goods rose 11.2% year on year to RMB 213.64 billion. During
the year, more than 56.77 million domestic tourists and 0.74 million foreign
tourists have visited the city. The total tourism income rose 20.2% to RMB 58.24
total foreign trade increased 0.8% to US$20.6 billion in 2013, comprising US$18.15
billion in export value and US$2.46 billion in import value. The city’s major
export products include mechanical and electronic products, shoes, and
Wenzhou approved 45 foreign invested projects and the utilized FDI in the city
surged 25.9% to US$502 million. Coca Cola, GE, Cendant, and other Fortune 500
enterprises have established themselves in Wenzhou.