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Yuexiu, Prosperous City Heartland
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Updated
Beijing Time |

AS one of the oldest urban areas in the city Yuexiu District is the birthplace of Guangzhou, which enjoys a long history of more than 2,000 years. It is the political centre of Guangzhou as the provincial and municipal governments are both situated inside.
Commerce Guangzhou is prosperous in commerce. Yuexiu is just the city' s traditional shopping centre. The well-known showcases include Beijing Pedestrian Street, Nonglinxia Road, Yide-road Dried Seafood Market and Toy Street, Liuhua Clothing Markets, Zhuangyuan-Fang lane of Stationery and fun items, Yanjiang (Riverside) Bar Street, Gaodi Clothing Business Street , Tiancheng-road Market of printing, Taikang-road and Danan-road Markets of home decoration, Jiefang-road Market of Electronics, HuiFu-road Food Street etc. All these have been attracting sea of shoppers, tourists and investors.
Beijing Road, for example, has the average daily flow of some 300,000 person/times, and up to more than 500,000 on holidays. The yearly turnover amounts to 5 billion RMB. You can find such leading department stores as Grandbuy and Xindaxin as well as emporiums with more than 50,000 square metres like Heren Plaza, Mingsheng Plaza, Guangming Plaza and Mayflower Plaza City. In addition the first Hongkong City has also been opened to the public in Juntai Commercial Tower. It offers an ideal platform for Hong Kong zero-tariff merchandize to enter Guangzhou and Pearl Delta market.
The reputed Liuhua clothing market is one of the biggest clothing wholesale markets in China, linking Guangzhou to overseas like Russia and Middle East. The annual turnover hits above 3 billion RMB. The Yide Road Business Street is the biggest dried seafood, fine works and toys distributing center in South China. The toys wholesale and retail volume account for more than 70% of Guangzhou.
Tourism and Hospitalities Yuexiu was ever the capital of three dynasties of ten emperors. It boasts a large number of cultural relics and historic sites spanning a history of 2,210 years. Guangxiao Temple, Huaisheng Mosque, Nanyue Royal Tomb Museum, Sun Yat-sen Memorial Hall and so on shines in this city heartland.
The traditionally economic prosperity boosts its hotel business. Four of five five-star grand hotels in Guangzhou, Dongfang, China, Garden and International, all stand in Yuexiu while international groups of Ramada and Holiday Inn have both settled their hotels here.
Trade Fair The Chinese Export Commodities Fair is held at the Liuhua Expo Center twice a year. It long functions as a renowned interface of China' s foreign trade and attracts hundreds of thousands of exhibiters and businessmen from all over the world.
In the future endeavor will be made to further promote logistics, banking, and inter-media service like legal service, accounting, assets appraisal, job-hunt agencies, consultation.
Source: Guangzhou Municipal Government
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