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Business Opportunity

Living Ease

Value for Money

Overall

Zhaoqing

Frontier market – high risk/reward
Population:
4.1M
GDP:
¥270B (RMB) / $37.5B (USD)
Cost of Living Index :
37.0
Using New York City (NYC) as the base (100)
Average Rent:
¥2,160 (RMB) / $300 (USD)
Average monthly rent for a 1-bedroom apartment in city center

Key Industries

Green Materials (35%), EVs (20%), Eco-Agriculture
Zhaoqing: GBA’s Green Frontier

Sustainable Materials Laboratory
Zhaoqing’s $38B economy pioneers eco-innovation:
– Bamboo tech: Carbon-negative construction materials
– Solar glass: GCL Poly’s anti-reflective coatings
– Eco-agriculture: Organic rice terraces supplying Hong Kong

Low-Cost Incubation
Deliberate underdevelopment advantages:
– Land subsidies: $5/sq.m industrial leases (90% below Shenzhen)
– Tax holidays: 0% VAT for green tech first 3 years
– Labor availability: 300K+ rural transition workforce

Rural-Urban Experiment
For pioneering expats:
– Natural splendor: Seven Star Crags karst landscapes
– Simplified living: Farmstay coworking communities
– Connectivity challenge: 2hr HSR to Guangzhou, limited flights

Key Opportunity: Carbon credit trading – Forest coverage creates 2M+ annual credits.