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Jiangsu 江苏

Regional Economy Outlook Video


Overview

Golden dragon on a red wall by the Qinhuai River

Jiangsu is situated on China’s southeastern coast, just north of Shanghai. Along with its southern neighbor, Zhejiang, it serves as Shanghai’s hinterland and the heart of China’s prosperous east coast. Jiangsu has a coastline of over one thousand kilometers along the Yellow Sea, and the Yangtze River passes through it before reaching the sea in Shanghai. Jiangsu is regarded as one of China’s most historically and culturally rich provinces.

Secretary of the CPC Municipal Committee:Luo Zhijun
Governor:Shi Taifeng
Population:79.6 M
Largest citiesFootnote 1:Provincial capital: Nanjing (8.1 M)
Suzhou (10.5 M)
Xuzhou (8.6 M)
Nantong (7.8 M)
Area:102,600 km2
Twinning relationships and sister cities in Canada:Changsu – Burnaby, British Columbia
Jiangsu – Ontario (provincial twinning)
Nanjing – London, Ontario
Nantong – Rimouski, Quebec
Suzhou – Victoria, British Columbia
Taicang – Surrey, British Columbia and Cranbrook, British Columbia
Taizhou – Barrie, Ontario
Wuxi – Scarborough, Ontario
Xuyi – Saint-Thomas, Ontario
Yangzhou – Vaughan, Ontario
Zhenjiang – Lac-Mégantic, Québec and New Westminster, British Columbia
Zhenjiang – New Westminster, British Columbia
Special Economic Zone (SEZ) and development zones:Changshu Export Processing Zone
Changzhou National High-tech District
Jiangning Economic and Technological Development Zone
Kunshan Economic and Technological Development Zone
Kunshan Free Trade Zone
Lianyungang Economic and Technological Development Zone
Nanjing Chemical Industry Park
Nanjing Economic and Technological Development Zone
Nanjing Export Processing Zone
Nanjing New and High-tech Industrial Development Zone
Nantong Economic and Technological Development Area
Nantong Export Processing Zone
Suzhou New District
Wuhu Export Processing Zone
Wujiang Export Processing Zone
Wuxi Export Processing Zone
Wuzhong Export Processing Zone
Zhangjiagang Free Trade Zone
Zhenjiang Export Processing Zone

Responsibility for Canadian interests in Jiangsu is managed by the Embassy of Canada to China, the Canadian Consulate General in Shanghai and the Canadian Trade Office in Nanjing.

Economic Profile

The below exchange rate was from the Bank of Canada’s website: On 20 May 2016, 1.00 Chinese renminbi(s) = 0.20 Canadian Dollar(s), at an exchange rate of 0.2006 (using nominal rate)

IndicatorValueProvincial Rank
Gross Regional Product (GRP)6,508.8 B CNY ($1,306 B CAD)2/31
GRP per capita81,874 CNY ($16,424 CAD)4/31
  • Jiangsu is a major producer of machinery and has one of the largest petrochemical industries in southern China. Other key industries include electronics, construction materials, and automobile production. Emerging industries in Jiangsu include real estate, information technology and computer software. The provincial government has also invested heavily in the solar industry. 
  • Jiangsu serves as an important source of freshwater fish and marine resources, including yellow-fin tuna, shrimp and other shellfish. The Lake Taihu area in the south serves as a major base of silk production.
  • Jiangsu is home to many of the world’s leading exporters of electronic equipment, chemicals and textiles.
  • Nanjing, Jiangsu’s provincial capital, has a growing industrial sector that has benefited from the city's abundance of resources and close proximity to Shanghai. It is also a major telecommunications, transportation, distribution and retail centre. The city government has embarked on an ambitious programme of infrastructure development to ensure its continued growth.
  • Nanjing was rewarded as the first “China Famous Software City” by Ministry of Industry and Information Technology of China.
  • In recent years, Nanjing’s biomedical industry has maintained an average annual growth rate of 30% and is focusing on attracting talents in life science and biotechnology field.
  • The city of Suzhou, also named “Venice of the East”, is renowned as a major tourist attraction for its beautiful landscapes. Its proximity with Shanghai also attracts many companies, making it an important manufacturing center in rival with Shanghai in terms of factory rental rates. Suzhou is also the world’s top manufacturing location of laptops and digital cameras. Suzhou ports consist of Zhangjiagang Port, Changshu Port and Taicang Port, although Shanghai Port carries out the majority of Suzhou’s trade.
  • Manufacturing and construction were the two biggest sectors of Jiangsu’s industrial production in 2014, making up 41.4% and 6.0% of the GRP respectively

GRP Composition

Pie Chart showing GRP Composition (Services 47%, Industrial sector 47%, and Natural Resources Exploitation 6%)

Source: 2015 National Bureau of Statistics of China

Canadian Business in Jiangsu

More than 55 Canadian entities are doing business in Jiangsu Province, including Creation Technologies, EXM, IMAX, Magna, Manulife, Strewn Estate Winery, The Woodbridge Group and  Wilkinson Foods International Ltd.

Examples of Canadian business success stories in Jiangsu include the following:

Canadian Solar is a worldwide solar energy manufacturing leader excelling in solar cells, solar modules, solar power systems and off grid solar power application solutions and technologies. The Ontario headquartered company has manufacturing facilities in Canada and China and offers solar energy solutions in over 70 countries. In 2012, they contributed to a microgrid project with the School of Energy Research in Xiamen University, Fujian Province, along with other leaders in clean energy technologies. Canadian Solar Inc. is represented in China by its office in Suzhou in Jiangsu Province.

Ecolo has been developing and manufacturing over 60 patented and proprietary odor control solutions for solid waste, wastewater, industrial and commercial facilities in over 40 countries since 1973 and in China since 2003. Its operations in China extend across Beijing and Jiangsu where the company has a joint venture, Ecolo Nanjing Odor Control Technologies Co., Ltd., with Puritek Nanjing Co. Ltd. to oversee the business in Asian region as Ecolo Asia Headquarters.

Hatchprovides engineering project and construction management services, process and business consulting and operational services to the mining, metallurgical, energy and infrastructure industries in 19 countries with more than 70 sites of operation support since 1954. It has been in China for over 30 years and its operations extend across Liaoning, Jiangsu, Qinghai, Beijing, Shanghai, and Hong Kong. Hatch Ltd. developed the world's largest magnesium smelter and supplied five of the world’s largest calcium carbide smelters for the Qinghai Salt Lake Industry Company (QSLIC) in Qinghai province. Hatch delivered operation improvement projects to Shenhua’s 300 Mtpa Huanghua Port. Other projects include the BlueScope Steel China Coating Project in Suzhou, the Galaxy Lithium Carbonate Plant in Zhangjiagng and the Thyssen Krupp & Baosteel’s Stainless Steel Plant in Pudong, Shanghai. Hatch is the only Western engineering company that has full ownership of a Chinese design institute in the metallurgical sector and won the Canada China Business Council’s 2012 Member of the Year Gold Medal Award for business initiatives, transfer of technologies and metallurgical process expertise in China

Trade and Investment

Bilateral trade: $7,020.4 M Footnote 2

Exports

Nanjing exports to the world:$209,843.3 M
Nanjing exports to Canada$2,970.8 M

Nanjing’s top exports to Canada

Nuclear Reactors, Boilers, Machinery And Mechanical Appliances; Parts Thereof:$1,109.2 M
Toys, Games And Sports Equipment; Parts And Accessories Thereof:$ 573.5 M
Electrical Machinery And Equipment And Parts Thereof; Sound Recorders And Reproducers, Television Recorders And Reproducers, Parts And Accessories:$467.1 M
Articles Of Iron Or Steel:$105.8 M
Plastics And Articles Thereof:$101.5 M
Iron And Steel:$92.2 M
Vehicles, Other Than Railway Or Tramway Rolling Stock, And Parts And Accessories Thereof:$ 56.4 M

Nanjing’s top exports to the world

Electrical Machinery And Equipment And Parts Thereof; Sound Recorders And Reproducers, Television Recorders And Reproducers, Parts And Accessories:$65,793.0 M
Nuclear Reactors, Boilers, Machinery And Mechanical Appliances; Parts Thereof:$63,086.7 M
Ships, Boats And Floating Structures:$ 9,886.8 M
Optical, Photographic, Cinematographic, Measuring, Checking, Precision, Medical Or Surgical Instruments And Apparatus; Parts And Accessories Thereof:$ 9,313.8 M
Iron And Steel:$9,126.0 M
Plastics And Articles Thereof:$4,732.0 M
Articles of Iron Or Steel:$ 4,057.7M

Imports

Nanjing imports from the world:$214,208.0 M
Nanjing imports from Canada:$4,049.6 M

Nanjing’s top imports from Canada

Wood And Articles Of Wood; Wood Charcoal:$956.5 M
Organic Chemicals:$669.6 M
Pulp Of Wood Or Other Fibrous Cellulosic Material; Recovered (Waste And Scrap) Paper And Paperboard:$599.6 M
Animal Or Vegetable Fats And Oils And Their Cleavage Products; Prepared Edible Fats; Animal Or Vegetable Waxes:$513.5 M
Oil Seeds And Oleaginous Fruits; Miscellaneous Grains, Seeds And Fruits; Industrial Or Medicinal Plants; Straw And Fodder:$295.4 M
Fertilizers:$290.5 M
Electrical Machinery And Equipment And Parts Thereof; Sound Recorders And Reproducers, Television Recorders And Reproducers, Parts And Accessories:$161.0 M

Nanjing’s top imports from the world

Electrical Machinery And Equipment And Parts Thereof; Sound Recorders And Reproducers, Television Recorders And Reproducers, Parts And Accessories:$67,241.0 M
Nuclear Reactors, Boilers, Machinery And Mechanical Appliances; Parts Thereof:$24,333.6 M
Organic Chemicals:$ 21,820.5 M
Optical, Photographic, Cinematographic, Measuring, Checking, Precision, Medical Or Surgical Instruments And Apparatus; Parts And Accessories Thereof:$ 17,964.7 M
Ores, Slag And Ash:13,237.8 M
Oil Seeds And Oleaginous Fruits; Miscellaneous Grains, Seeds And Fruits; Industrial Or Medicinal Plants; Straw And Fodder:$8,601.1 M
Mineral Fuels, Mineral Oils And Products Of Their Distillation; Bituminous Substances; Mineral Waxes:$7,848.4 M

Foreign Investment Opportunities in Jiangsu

The State Council Information Office and the China International Publishing Group in Beijing highlighted the following industries as being the most encouraged for foreign investment in Jiangsu:

  • Aerospace and aeronautics
  • Agriculture (including forestry and fishery)
  • Building materials and equipment
  • Communication and transportation (including post and telecommunications services)
  • Electronics industry
  • Ferrous and nonferrous metallurgical industry
  • Light industry
  • Machinery
  • Medical manufacturing industry
  • New industries such as microelectronics technology and biological engineering techniques
  • Petroleum, petrochemical and chemical industry
  • Pharmaceutical industry
  • Power industry
  • Services
  • Ship building
  • Textile

Education

There are many educational linkages between Canadian universities and Jiangsu educational institutes, including multiple exchange partnerships

  • Under the Ontario-Jiangsu provincial twinning agreement, a Memorandum of Understanding (MoU) was signed in 2005 to enhance post-secondary student mobility.
  • In July 2014, The Schulich School of Medicine & Dentistry, Western University, signed a Memorandum of Understanding with Nanjing Medical University (NMU) to establish exchange programs between and to promote the development of  joint studies, research and training activities, and other educational programs.
  • Centennial College of Ontario has a training partnership program with Jiangsu Education Center for International Exchanges and also has an international education office in Nanjing.
  • Jiangsu’s provincial capital, Nanjing, is focused on technological innovation and has more than 50 universities and colleges and more than 600 scientific research institutions at provincial level alone.
  • There are two Canadian Studies Centres in Jiangsu at Nanjing Normal University (1997) and at Nanjing University of Finance and Economics (2005).
  • According to the Canadian Information Centre for International Credential (CICIC), there are 8 Canadian certified offshore elementary and secondary school programs in Jiangsu.

Recent High-level Visits

Recent visits

  • Hon. Bardish Chagger, Minister of Small Business and Tourism (Oct 2016)
  • Hon. Kathleen Wynne, Premier of Ontario (Nov 2015)
  • Hon. Norm Letnick,  BC Minister of Agriculture (Jan 2015)

For More information, please visit Canada's International Education Strategy in China's website.

Footnotes

Footnote 1

Taken from 2010 Population Census of the People's Republic of China.

Return to footnote 1 referrer

Footnote 2

Jiangsu’s trade data is based on 2015 statistics from the General Administration of Customs of the People’s Republic of China (GACC). Please note that GACC’s statistics are calculated by port of entry and exit, and as such may not represent the exact internal provincial consumption.

Return to footnote 2 referrer

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Date Modified:
2016-09-09