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Wuxi City Is the Second Largest City in Jiangsu Province

By:   •  Thesis  •  312 Words  •  November 24, 2014  •  788 Views

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Wuxi City Is the Second Largest City in Jiangsu Province

        Wuxi city is the second largest city in  Jiangsu province. Because Wuxi is on the verge of Shanghai and Zhejiang, and in the Yangtze River delta. The rapid development of Wuxi depending on high developed traffic and Government investment in road infrastructure improvement. Population, income, infrastructure and consumption are elements of economic environment.

        The quantity of population is relative to market size. According to statistics, the total population of the total population of 470.07 millions in Wuxi city. Income is depending on purchase power and potential market. Wuxi's GDP is 7.8 millions in 2012, above 2011's 4.9 millions. GDP increase is reflect on economic growth. Wuxi's government reduce saving to increase investment, such as building the railway, bus station, increase public facilities. Improving the social security is increase the living standard of the people.

        Wuxi has so many people, the catering industry can get high profit in the here. According in research from market department, we decided make some changes to our company's product. Our company is named Chong Qing Cygnet, it is main product is hot pot. Our company provides fresh foods and high quality service. It's important for a company to open in a good location that has a lot of people and closed convenient transportation. It is benefit to attract more customers.

        According to research, Wuxi has 12 thousand foreign enterprises which accounts for 4.5% of the total foreign investment in China. Wuxi has great advantage in attracting foreign investment. Wuxi attract foreign company to build economic. These proved Wuxi has the good economic environment to open our company in here. Wuxi has so many people, the catering industry can get high profit in the mainland.

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