Zhengzhou, along with
Xi'an,
Chengdu,
Chongqing and
Wuhan, are some of the most economically important cities in inland China. Zhengzhou is the economic center of the province and the surrounding areas such as southeastern
Shanxi and southwestern
Shandong. Due to its strategic location in one of the most populous areas in the world (nearly 100 million people in Henan alone) and in China's railway, road and aviation transport networks, Zhengzhou is increasingly attracting domestic and international investment as well as migrants from other areas, transforming the city into one of the largest economic centers in China. In 2018, total GDP of Zhengzhou was ¥1020 billion, ranked 17th in China. And in 2021, total GDP was ¥1269.1 billion, ranked 16th in China.
Agriculture By the end of 2006, Zhengzhou had a total population of over 7 million, of which 2.88 million lived in rural areas. Its main products include
apples,
paulownia,
tobacco,
maize,
cotton, and
wheat. In addition, Zhengzhou also produces Yellow River
carp, Zhengzhou
watermelons, Xinzheng
jujube,
Xingyang dried
persimmons, Guangwu
Pomegranate and Zhongmu
garlic, all of which are specialties that are rarely found outside the region.
Mining and manufacturing Zhengzhou and the surrounding area have large reserves of coal and other minerals. Coal mining and electricity generation are traditionally important in the local economy. Zhengzhou has been one of the major industrial cities in The People's Republic of China since 1949. The city's staple industry is
textiles. Others
manufactured items include
tractors,
locomotives,
cigarettes,
fertilizer,
processed meats,
agricultural machinery, and
electrical equipment. Some high-tech companies in new material, electronics and biotechnology are also growing rapidly during the recently years, especially in the high-tech industrial park in the northwest of the city. •
Yutong, China's largest bus producer. •
Shaolin Bus, a well-known small-to-medium-sized bus producer. • Zhengzhou
Nissan, a subsidiary of
Dongfeng Nissan, specializing in the manufacture of SUVs and pickup trucks. In 2010, Nissan opened its second plant in the city. •
Haima Automobile Zhengzhou, an automobile manufacturer specializing in manufacturing
microvans and light passenger vehicles. •
Zhengzhou Unique Industrial Equipment Co., Ltd., a large tractor and agricultural equipment manufacturer. •
Foxconn Zhengzhou, located in
Zhengzhou Airport Economy Zone, is the largest smartphone production site in the world and is also known as "iPhone City". • Sanquan Food, a frozen food company. With over 20000 employees, Sanquan produced the first frozen dumplings and rice balls in China. • Synear Food Holdings Limited, along with Sanquan Food, is one of the largest producers of frozen food in China. The market share is over 20% in China
Services The service industries of Zhengzhou include retail, wholesale, hospitality, finance, exhibition, transport and delivery, tourism, and education. With a number of domestic and international institutions having regional offices in the city, Zhengzhou is becoming the financial center in central China.
Zhengzhou Commodity Exchange (ZCE) is one of the only four future exchanges (inc.
Shanghai Futures Exchange and
Dalian Commodity Exchange and
China Financial Futures Exchange) in China and is becoming an important global player specialised in agricultural future exchange. Equipped with newly built facilities such as
Zhengzhou International Conference and Exhibition Center. Third party logistics (3PL) in Zhengzhou has also been experiencing industrial boom during the past few years. As a transit and tourist center of Henan Province and central China, Zhengzhou is the center of Henan cuisine. •
Dennis, a regional retail chain. •
Henan Jianye, a large real estate developer, which owns the
China Super League club
Henan Jianye F.C. Economic development zones The
Zhengdong New Area (), literally Eastern Zhengzhou New Area, similar to
Hangzhou Bay New Area in
Ningbo and
Hangzhou Bay New Area in
Ningbo, is one of dozens of major economic zones that are currently developing in various regions of China. Established in 2003 by the provincial and municipal governments, it has become the financial center of
Henan province and one of the most rapidly growing areas of China.
Kisho Kurokawa, a Japanese world-renowned planner and architect, was appointed to design the overall planning scheme for Zhengdong New Area. He brought in advanced ideas including ecological city, co-existing city, metabolic city and ring city ideas. The scheme won the "Prominent Award for City Planning Design" at the first session of Annual Meeting of the World Architects Alliance in 2002. Zhengdong New Area is mainly constituted by the CBD area, the Longhu commercial and residential area, the Longzihu college area, and the
Zhengzhou East railway station commercial area.
Industrial zones • Zhengzhou New & Hi-Tech Industries Development Zone Zhengzhou High & New Technology Industries Development Zone was established in 1988, and approved by the state Council of PRC to be a state development zone on Mar.6,1991. It was appraised to be advanced high tech zone of China respectively in 1993, 1998 and 2002. The Zone currently covers a total area of . An extension plan was approved by Zhengzhou Municipal Government, the various construction work started in 2004. Under the development strategy of "multiple parks in one zone", the Zone has been making great efforts to promote the development of software, information technologies, new materials, bio-pharmaceutical and photo-machinery-electronic industries. • Zhengzhou Economic and Technological Development Zone Zhengzhou Economic and Technological Development Zone was approved as state-level development zone on 13 February 2000. The zone has a developed area of Industries encouraged include Electronics Assembly & Manufacturing, Telecommunications Equipment, Trading and Distribution, Biotechnology/Pharmaceuticals, Instruments & Industrial Equipment Production, Medical Equipment and Supplies, Shipping/Warehousing/Logistics and Heavy Industry. • Zhengzhou Export Processing Area Zhengzhou (Henan) Export Processing Zone was established on 21 June 2002 with approval by the state council. Its planned area is . Zone A is located in Zhengzhou National Economic & technological Development Area and began to operate on 1 June 2004. The area of land developed is at present. Zone B is located in Zhengzhou Airport Area and is adjacent to Zhengzhou Xinzheng International Airport on the north and it covers a planned area of 5 square km with bonded logistics zone, bonded processing zone and supporting industry zone, etc. ==Transportation==