The three wealthiest and most important economic regions in China are found on the east coast of the country: the Yangtze River Delta circumjacent to Shanghai, the Bohai Bay region found near Beijing and the Pearl River Delta found close to Hong Kong. In this write-up, we will be looking at the Pearl River Delta. Read on to find out more about it!
Where is the Pearl River Delta located?
The Pearl River Delta, which is also known as the Golden Delta of Guangdong, refers to the dense of network cities that covers the 9 prefectures of the province of Guangdong, namely Foshan, Dongguan, Jiangmen, Zhaoqing, Huizhou, Zhongshan, Guangzhou, Shenzhen, and Zhuhai. The western areas, covered by Zhuhai, Jiangmen, Foshan, and Zhongshan, are dominated by a local private capital, and they are open to development. The Eastern side of the Pearl River delta, covered by Dongguan and Shenzhen, is dominated by foreign capital and is well developed economically. New transport links between Zhuhai, Macau, and Hong Kong in the Pearl River Delta are expected to facilitate trade within the region, further integrate the cities, and open up new areas of development.
Additionally, it is formed by 3 major rivers, the Dong Jiang (East River), Xi Jiang (West River), and Bei Jiang (North River). The Xi Jiang and Bei Jiang rivers connect to flow into the South China Sea and the Pearl River towards the west, while the Dong Jiang river only flows directly into the Pearl River proper found in the east.
Why is the Pearl River Delta important?
The Pearl River Delta is one of the most densely populated and urbanized region in the world and it is considered a megacity with an exponential economic growth rate. Currently, it is the wealthiest region in South China and it is regarded one of the wealthiest in the People’s Republic of China along with Jinginji in North China and the Yangtze River Delta in East China.
Several factors have actively contributed to the rapid rise of the region; a world-class seaport, cheap and abundant land, its juxtaposition to Hong Kong’s financial sector, rapidly growing companies, and a huge and affordable labor pool that is up to task. For this reasons, it is a valued economic hub in the country.
Pearl River Delta Cities
As mentioned earlier, the Pearl River Delta, which is one of the megacities in the world, merges 9 Chinese cities. These cities are:
Shenzhen is one of the cities that feature a vibrant economy due to the rapid foreign direct investments after the policy of reform and opening up enacted in 1979. The city was established as China’s first economic special zone in 1980 and it is among the fastest-growing cities in the world. Additionally, it is considered a leading global technology hub and a leading financial center in the Asia-Pacific region.
With a history of over 2,000 years, Guangzhou city is considered one of the most populous cities in the Guangdong province. It started as the main terminus of the maritime Silk Road. Now, it is a major port and is valued as the main transportation hub in China. It features one of the most expensive real estate markets in the China and has been listed as a global first-tier city along with San Francisco and Stockholm.
Dongguan is one of the prefecture-level cities found in the autonomous region of Guangxi. It is the home to the new South China Mall, which is considered one of the world’s largest shopping malls. Additionally, the city of Dongguan is a home to a number of accredited universities such as Guangdong Medical University, Dongguan University of Technology, and Guangdong Universities of Science and Technology, which are praised for science-based careers.
Hong Kong serves as a special administrative region of the People’s Republic of China and a metropolitan area in the region. It started off as a sparsely populated region of fishing and farming villages, but as time went by, it became one of the most lucrative commercial ports and financial centers in the world. It is popularly praised for its major capitalist economy characterized by low taxation and free trade, which have significantly impacted its economic growth. It is a home to high net worth individuals and billionares, and its currency has become the eighth most traded currency worldwide.
Huizhou is one of the prefecture-level cities located close to Hong Kong. It is considered a very beautiful city with a reputation of being the center and checkpoint where Triad crime bosses meet to negotiate their dealings. In addition to that, it is among the most architecturally pleasing cities with quite a number of 4 and 5-star hotels, which are pleasing to travellers, tourists and anyone new to the country.
Just like Huizhou, Foshan is among the prefecture-level cities found in Guangxi autonomous region. It covers the western side of the Pearl River Delta Economic Zone. Nanquan, a widely accepted type of Chinese martial arts; Lion dancing, which is appreciated by tourists; and Cantonese opera, all trace their origin to the city of Foshan.
Zhongshan, which is among the various prefecture-level cities in the Guangxi autonomous region, was named after Dr. Sun Yar-sen who was the founding father of The People’s Republic of China. The city was named to honor his discovery.
After a 1902 declaration, Jiangmen became a treaty port and opened up to western trade in 1904. Because it was greatly influenced by Western culture, there are several western-style buildings around the city’s waterfront. However, the government of the city is trying to restore most of the ruined buildings through a renewal project.
Zhaoqing is one of the most important prefectural cities in Guangxi autonomous province. Formerly, it was one of the most important cities found in South China. However, it lost its importance during the Qing dynasty. Now, it is only known as a provincial college town and a tourist attraction area. Additionally, it is an actively growing manufacturing center.