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Hangzhou is one of the important tourism cities in China, famous for its natural beauty and historical and cultural heritages. Hangzhou is the capital of Zhejiang province. It is the political, economic and cultural center of the province as well. It is one of the 15 vice-provincial level cities in China. Hangzhou is located on the low reaches of Qiantang river in southeast China, with a distance of 180 kilometers to Shanghai. It is one of the key cities in the Yangzi Delta area.

Hangzhou is of subtropical monsoon climate, with distinctive four seasons and mild atmosphere and favorable geographical positions and natural conditions. Hangzhou has 6 districts, 2 counties and 5 county-level municipalities under its jurisdiction. Hangzhou covers a total area of 16596 square kilometers, with a population of 6.08 million, including 683 square kilometers of city proper area and city population of 1.69 million people.

According to the preliminary statistics, the Gross Domestic Product (GDP) of Hangzhou was 344.099 billion yuan, up by 14.3 percent over the previous year at comparable price, which had maintained an annual economic growth rate of over 10 percent for consecutive 16 years. The GDP per capita calculated by the people through household register was 51,871 yuan, up by 13 percent. According to the average exchange rate published by the Government in 2006, the GDP per captia calculated by the people through household register reached 6,505 US dollar.

In 2004, 2005, 2006 Forbes magazine ranked Hangzhou the number 1 city in China for business.

CB Richard Ellis, Hangzhou
Suite 703, South Tower,
Anno Domini Plaza
8 Qiu Shi Road
Hangzhou 310013
People's Republic of China

T: (86 571) 2880 6818
F: (86 571) 2880 8018

Steven Chen
Managing Director
Hangzhou
T: (86 571) 2880 6818
E:
steven.chen@cbre.com.cn

 
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