Economy

Changzhou's traditional role has been that of a commercial center and in particular a distribution center for agricultural produce, which was shipped by canal to the north and later, to Shanghai. The city began to develop a cotton textile industry in the 1920s, and cotton mills were established in the late 1930s, when Japanese attacks drove many Chinese businesses to invest outside Shanghai.The city has remained a textile center and the most important location in Jiangsu Province for weaving. It also has large food-processing plants as well as flour-milling, rice-polishing, and oil-pressing industries. After 1949 it also developed as a centre of the engineering industry. Qishuyan, some 10 km (6.2 mi) southeast of Changzhou, has one of the largest locomotive and rolling stock plants in China. Other engineering works in Changzhou produce diesel engines, generators, transformers along with agricultural and textile machinery. At the time of the Great Leap Forward in 1958 a steel plant was also built to provide raw material for heavy industry.Since 1908, Changzhou has been linked by rail with Shanghai and Nanjing (see below for transportation).Up until now, Changzhou has remained one of the most developed cities in Jiangsu, ranked third after Suzhou and Wuxi. The city's 2009 GDP per capita of ¥70,103 in 2009, less than that of Suzhou and Wuxi but more than the capital city Nanjing, ranked the city third in Jiangsu, .Changzhou is also one of the top business cities in China. According to Forbes ranking, Changzhou was the 9th best business city in mainland China in 2008.Industrial ZonesChangzhou Export Processing ZoneApproval for the establishment of Changzhou Export Processing Zone was given in June 2005 with a planned area of 1.66 km2 (0.64 sq mi). Near to Shanghai and Nanjing via convenient transportation links, the zone began operation in October 2006. Investors enjoy a series of preferential policies whilst all handle export procedures are handled inside the export processing zone. The zone focuses on electronic information, electromechanical integration and new materials.Changzhou National Hi-Tech DistrictChangzhou National Hi-Tech District (CND) is a state-level high-tech industrial development zone. It is located in the northern part of Changzhou city. With a population of 500,000 and an area of 439 square km, the district is 160 km (99 mi) from Shanghai to the east and 110 km (68 mi) from Nanjing to the west. The district represents the highest-level and most sophisticated industrial park in Changzhou. More than 1,300 foreign companies and over 5,000 local industrial enterprises have been registered within the district of which around 40% are from European and American countries. Industries encouraged include engineering machinery, transformer & transmission equipment, automotive, locomotive & locomotive components, parts, precision machinery, biotechnology, pharmaceuticals, photo-voltaic (PV) and new materials, chemicals, garment and textiles production, computer software and research & development. Some major investors include Terex, Komatsu, Ashland Chemical, Johnson, Caltex Oil Corp., Disa, +GF+, Rieter and General Electronics.

History

"The Ruins of Yancheng" (淹城遺址), comprise the remains of a walled city located in the Wujin district of Changzhou that was founded over 3000 years ago at the beginning of the Western Zhou dynasty. The earliest record of a settlement on the site of modern Changzhou is as a commandery founded in 221 BC at the beginning of the Qin Dynasty. During the interregnum between the Sui and Tang, the city of Piling (毗陵) was the capital of Shen Faxing's short-lived Kingdom of Liang (AD 619 to 620). Changzhou got its present name meaning "ordinary prefecture" in 589. Following construction of the Grand Canal in 609, Changzhou became a canal port and transshipment point for locally-grown grain, and has maintained these roles ever since. The rural counties surrounding Changzhou are noted for the production of rice, fish, tea, silk, bamboo and fruit.During the Taiping Rebellion of the 1850s, one of five palaces housing the leaders of the so-called "Kingdom of Celestial Peace" was constructed in Changzhou. Today the ruins of the "King's Palace" can be found near the People's No.1 Hospital.In the 1920s, Changzhou started to attract cotton mills. The cotton industry got a boost in the late 1930s when businesses began relocating outside of Shanghai due to the Japanese occupation. Unlike many Chinese cities, Changzhou continued to prosper even during the upheavals of the Cultural Revolution of 1966–76. Today it is an important industrial center for textiles, food processing, engineering (diesel engines, generators, transformers and other machinery), and high technology.