A modern city 

Zhengdong new district will be the central business district of Zhengzhou.[China Daily]

A city with thousands of years of glory, Zhengzhou has now developed into a modern metropolis that presents new opportunities for business.

In 2007, the city's gross domestic product reached 242.12 billion yuan, ranking 17th among China's large and medium-sized cities and ninth among the provincial capitals.

It is the largest aluminum oxide producer in China, with its output accounting for about half of the country's total.

Frozen food products made in Zhengzhou have more than 40 percent of the domestic market share.

Zhengzhou-based Yutong is the largest and most advanced bus producer in Asia.

In addition to Yutong, Zhengzhou is also home to such famed enterprises such as Zhengzhou Nissan Automotive Co and frozen food makers of Sanquan and Sinian.

Last year, the city had six companies each with a sales revenue of more than 10 billion yuan.

The Zhengzhou Commodity Exchange is one of the most important grain futures exchange markets in the world.

Zhengzhou is also an important transportation hub, with many of the national transportation trunk lines meeting there.

A converging point of the country's two most important railways - the north-south Beijing-Guangzhou and the east-west Lianyungang-Lanzhou railways - Zhengzhou has the largest railway switching station in Asia and the largest bulk cargo railway station in China. The Zhengzhou Airport has opened flight services to link with more than 30 cities in the world.

With a comprehensive highway, expressway, railway and aviation network, the city has developed into one of the important logistics hubs in China.

Today the city is planning to build itself into a modern internationalized metropolis.

A recent move is the construction of the Zhengdong new district. With a planned area of 50 sq km and population of 220,000, this will be the central business district of Zhengzhou. To date, about 600 new enterprises have been registered there.

(China Daily August 26, 2008)