|Sichuan Business Information|
|GDP (USD)||244 B|
|USD:RMB Exchange Rate||1:6.5|
|Average Mfg Employee Wage (per month)||1,400 RMB|
|Average Industrial Facility Cost (per month)||21.4 RMB/m2|
|Access to Logistics||Fair|
Due to its strong agriculture and manufacturing economy, Sichuan is known as “the province of abundance.” Although Sichuan’s most important industry is agriculture, it also has strong presence in a variety of heavy and light industries. Sichuan is quickly becoming Western China’s most prominent center for industry and foreign investment. Sichuan is encouraging investment and advancement for hi-tech industrial production as well as auto and a plethora of other industries. With its large population and interest in expanding its manufacturing presence, Sichuan presents itself as a viable investment option. Sichuan has a large potential workforce and inexpensive facility costs. More than 125 Fortune 500 companies including Intel, Sony, UPS, Kingfisher, and Sanyo invest in Sichuan.
|Major Cities in Sichuan||Sichuan’s Main Industries|
In 2008 it generated a GDP of USD 183 billion. By 2010, Sichuan’s GDP had risen to USD 244 billion. In 2008, the utilized FDI was USD 3 billion and in 2010 it rose to USD 3.5898 billion. Sichuan has 41 development zones and 75 universities, enrolling over 775,000 students, help to make it a fertile ground for future growth.
Sichuan and its major cities are attractive to many foreign investors. Please click here for more information on
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