What You Need To Know
Wenzhou, is a prefecture-level city in southeastern Zhejiang province in the People’s Republic of China. Wenzhou is located at the extreme south east of Zhejiang Province with its borders connecting to Lishui on the west, Taizhou on the north, and Fujian to the south. It is surrounded by mountains, the East China Sea, and 436 islands, while its lowlands are almost entirely along its East China Sea coast, which is nearly 355 kilometres (221 miles) long. Most of Wenzhou’s area is mountainous as almost 76 percent of its 11,784-square-kilometre (4,550 sq mi) surface area is classified as mountains and hills. It is said that Wenzhou has 7/10 mountains, 1/10 water, and 2/10 farmland. At the time of the 2010 Chinese census, 3,039,500 people lived in Wenzhou’s city proper; the area under its jurisdiction (which includes two satellite cities and six counties) held a population of 9,122,100 of which 31.16{d4f7e78ca0e788ec542fd20baf9fbe3b8144376374c49cb146f25f60b6741308}} are non-local residents from outside of Wenzhou. Wenzhou, which translates to “a mild and pleasant land”, derives its name from its climate, as it is neither extremely hot in summer nor extremely cold in the winter. Originally known as Yongjia, Yung-chia or Yungkia (Chinese: 永嘉; pinyin: Yǒngjiā), Wenzhou was a prosperous foreign treaty port, which remains well-preserved today. It is situated in a mountainous region and, as a result, has been isolated for most of its history from the rest of the country, making the local culture and language very distinct not only from the rest of China but from neighbouring areas as well. It is also known for its emigrants who leave their native land for Europe and the United States, with a reputation for being entrepreneurs who start restaurants, retail and wholesale businesses in their adopted countries. Wenzhou people make up a large number of ethnic Chinese residents of Italy (where they comprise 90{d4f7e78ca0e788ec542fd20baf9fbe3b8144376374c49cb146f25f60b6741308}of all Chinese residents), France, and Spain.
Area: 11,784 km²
Population: Estimate 3 Million
Currency
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Shenyang Currency Exchange. Chinese Yuan (also known as Renminbi, rmb for short) is the official and legal currency in circulation. Use of foreign currencies is generally not allowed.
Business culture
Due to both Wenzhou’s cultural and geographical remoteness and its lack of natural resources (land, minerals, etc.), the Chinese central government has left the people of Wenzhou relatively autonomous. Away from the center of the political and economic stage, its people are more independent, self-reliant, and generally more business and family oriented. Numerous books have been published about the business sense of people from Wenzhou. Hence, when China switched from its planned economy to its so-called capitalist economy with Chinese (socialist) characteristics in the late 1980s, its people adjusted well to the new system and took advantage of it. A popular common saying calls Wenzhounese the “Jews of the Orient” (东方的犹太人). Wenzhounese have been stereotyped by other Chinese as real estate speculators. China Daily notes that investments from Wenzhounese buyers play a disproportionately large role in the increase property prices all over China. The people of Wenzhou are equipped with business sense and a commercial culture more dominant than anywhere else in China. Wenzhou has two economic characteristics: it was the first to launch a market economy, and it has the most active and developed private economy in China.
Economy
Wenzhou exports food, tea, wine, jute, timber, paper, Alunite (a non-metallic mineral used to make alum and fertilizer). Alunite is abundant and Wenzhou claims to be the “Alunite Capital of the World”. Its 10 main industries each exceeding 1.5 billion dollars are electrical machinery, leather products, general equipment, power supply, plastic manufacturing, textile and garment, transport equipment, chemical products, metal products and metal processing. From the 1990s, low-voltage electric appliances manufacturing became one of the major industries in Wenzhou, with some of the large private enterprises setting up joint ventures with GE and Schneider. In 1994, exploration for oil and natural gas commenced in the East China Sea 100 km (62 mi) off the coast of Wenzhou. Companies such as Texaco, Chevron, Shell and JAPEX have started to drill for oil but the operations have been largely unsuccessful. Wenzhou is a city full of vibrant business activities. When China began economic reforms in 1978, Wenzhou was the first city in China to set up individual and private enterprises as well as shareholder cooperatives. It has also taken the lead in carrying out financial system reform and structural reform in townships. Being a pioneer in utilizing marketing mechanism to develop urban constructions, Wenzhou has won a number of firsts in China and set many national records. From 1978 through 2009, the GDP of Wenzhou, a third-tier city, has increased from 1.32 billion RMB to 252.8 billion RMB with the gross fiscal revenue increasing from 0.135 billion RMB to 36.1 billion RMB, and the net per capita income for rural residents increasing from 113.5 RMB to 10,100 RMB. The per capita disposable income for urban residents increased from 422.6 RMB in 1981 to 28,021 RMB in 2009, which is the third highest among Chinese cities, after first-tier cities Dongguan and Shenzhen. GDP of the city in 2013 reached 400.386 billion RMB, a YOY growth of 7.7{524c935a922271261ff7209c8fab535850f2b6001f5e4b40374205b8403f8659}. Per capita GDP reached 49,817 RMB, or USD 8,044 as per yearly average exchange rate, a 7.1{524c935a922271261ff7209c8fab535850f2b6001f5e4b40374205b8403f8659} increase over the previous year.
Industrial zones
- Wenzhou Economic & Technological Development Zone
Wenzhou Economic & Technological Development Zone was established and approved by State Council in 1992. The main traffic system around the zone include No.104 National Highway, Ningbo-Wenzhou Expressway and Wenzhou Bridge. It is located near to Wenzhou International Airport and Wenzhou Port. Industries encouraged in the zone include electrical equipment, electronic information, chemical medicine, building materials, and textiles.
Language
Religion
Tourism
Transport
Air
The Wenzhou Longwan Airport serves the Wenzhou area, with scheduled flights to major cities in mainland China as well as Hong Kong and Macau. New direct air route to Taipei and Cheju Island of Korea have been opened in 2012. The Airport is situated on the southeast of Wenzhou city proper, 20 km (12 mi) away from the city center. It’s been graded as nation’s Category B civil airport, serving a population of 20 million spanning areas of Wenzhou, Taizhou and Lishui of Zhejiang and Ningde of the neighbouring Fujian. The correlated GDP of the area reaches 300 billion RMB. The Airport started opening up in 1995 and direct flight to Macau was approved. Air route to Hong Kong was open in 1996. Linking 65 cities in the country with 34 permanently operating air routes, the Airport is among the fastest-growing and profitable among its peers in China. The Airport ranks 1st in terms of passenger transit among cities of same level in China. In 2004, the Airport handled 29,700 landings, a passenger transit of 2.439 million, cargo throughput of 38,500 tons. A new Terminal 2(T2) is being planned, with designed passenger throughput of 13 million per year, while the Terminal 1 will serve as international terminal.
Railway
Weather
Wenzhou derives its present name from its climate, and has a humid subtropical climate (Köppen: Cfa) with short winters and long, hot, humid summers. Summers are similar to the remainder of the province (albeit slightly cooler during the daytime as compared to inland areas), but winter is much milder, partly due to the southerly location and partly due to the sheltering effect of the surrounding mountains. The monthly 24-hour average temperature ranges from 8.0 °C (46.4 °F) in January to 28.0 °C (82.4 °F) in July and August, while the annual mean is 18.08 °C (64.5 °F). Heavy rainfalls occur in late spring and early summer due to the plum rains of the East Asian monsoon, while typhoons are commonly a threat in the second half of summer causing considerable damage and destruction. With monthly percent possible sunshine ranging from 26{d4f7e78ca0e788ec542fd20baf9fbe3b8144376374c49cb146f25f60b6741308} in March to 53{d4f7e78ca0e788ec542fd20baf9fbe3b8144376374c49cb146f25f60b6741308} in August, the city receives 1,706 hours of bright sunshine annually.