The Nanjing PU Market
Nanjing is an extremely important industrial base in East China, with industry accounting for 40% of the economic volume for the province. The three major sectors for the regions industry are, automotive, petrochemical and electronics. At present the polyurethane community in the Jiangsu region covers all relevant fields from raw materials, additives and product makers to scientific research.
Nanjing is one of the largest petrochemical industry bases in China. Its overall production capacity places it as the second largest within China. In 2001 Nanjing Chemical Industry Park was set up to further advance this important part of the region’s economy. NCIP covers 45 km2 and is close to SINOPEC, YPC, and BASF and is home to Bayer, DSM, and Shell. It has become one of China’s leading producers of polyurethane raw materials.
Nanjing is a major production base for light vehicles, passenger vehicles, motorcycles and automotive components. It is home to the hugely successful Nanjing Automobile Corporation, and other large manufacturers in the region include Fiat, Suzuki and more recently Mazda. Nanjing has six manufacturers of complete automobiles, 16 manufacturers of special purpose and tuned vehicles and over 250 manufacturers of automobile parts. It is anticipated that by 2015 the sales revenue from the automotive industry will reach 33 billion USD.
General Information on Nanjing
Nanjing is the capital of Jiangsu province in East China and has a prominent place in Chinese history and culture, having been the capital of China on several occasions. Its present name means "Southern Capital".
Located in the lower Yangtze River drainage basin and Yangtze River Delta economic zone, Nanjing has long been one of China's most important cities. It is recognized as one of the Four Great Ancient Capitals of China. Nanjing is also one of the fifteen sub-provincial cities in the People's Republic of China's administrative structure, enjoying jurisdictional and economic autonomy only slightly less than that of a province. Nanjing has long been a national centre of education, research, transport networks and tourism. The city will host the 2014 Summer Youth Olympics.
With an urban population of over seven million, Nanjing is the second-largest commercial centre in the East China region after Shanghai. It has been ranked seventh in the evaluation of "Cities with Strongest Comprehensive Strength" issued by the National Statistics Bureau, and second in the evaluation of cities with most sustainable development potential in the Yangtze River Delta. It has also been awarded the title of 2008 Habitat Scroll of Honour of China, Special UN Habitat Scroll of Honour Award and National Civilized City.