Business in Wuhan

Are you planning to do business in Wuhan, the biggest city in centeral China? Quite smart!

The south China is losing some of its advantage in manufacture industry. The prices for houses, land and labor are rising rapidly. The local government increases the lowest salary year by year in Shenzhen, Guangzhou, Zhuhai, Dongguan etc. As profit margin has already dereased quickly, many factories are considering on removing to even poorer countries like Vitenam and Burma. Obviously, that cannot solve the problem completely. There are not so many well educated engineers and huge labor resouce in these countries; also, the public facility is not as good as that in China.

How? Move to north, move to Wuhan. Tranportation cost may increase, but cost on labor, land, rent, electricity and facility will compensate much more. Wuhan has the 3rd largest university student population, 2nd largest iron & steel production, 2nd largest auto company in the nation. The biggest hydroelectric station in the world is also nearby. The city has been called "center of China" for hundreds of years. The biggest & longest river and the most important railways and highways in the nation are all pass throuth this center city. In the early 20th centry, the city was called "Oriental Chicago" by foreign investors and adventurers. Before 1949, Shanghai and Wuhan are the topest 2 cities ahead of Beijing in China.

World famous companies have already come to Wuhan. Citroen and Foxconn both has big factories of over 100,000 workers in Wuhan. The French have put most of its investment in China to Wuhan for quite a long time.

If you are interested in Wuhan or like any discussion on this city, please contact me. I am now intesested in the fields of

1) financial service (only interested in value investment)
2) food service
3) retail
4) education
5) internet
6) microelectronics


I am glad to have your emails: ickitt(*at*)gmail.com