Zhejiang is a coastal province in eastern China. Zhejiang borders Jiangsu and Shanghai to the north. Together, they form the Yangtze River Delta Region, the most developed area in China. With the 11th largest population and 1.1% of China's total land area, Zhejiang's GDP ranked 4th in China in 2006. Apart from a bustling economy, Zhejiang is also known for its natural attractions, cultural and historical relics, and a highly pro-business atmosphere.
South Zhejiang was traditionally poor and underdeveloped due to its mountainous geography which is ill-suited for farming. The economic reforms in the late 1970s have brought huge changes to that region. However, the private sector has seen a rapid growth, especially in the cities of Wenzhou, Ningbo and Shaoxing. The region, together with the more developed north Zhejiang, has helped the province to leapfrog over other regions and become one of the richest provinces in China. |