Northwest China
Doing Business in Lanzhou
Northwest China's petrochemical and Belt & Road hub - a major refining base, with a China-Europe rail connection and growing new materials/biotech sectors at the lowest costs.
Why Lanzhou?
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Petrochemical and refining hub
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China-Europe rail (northwest route)
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Lowest operating costs in China
Key Industries
PetrochemicalsNew MaterialsBiotechBelt & Road Logistics
GDP
0.35 trillion RMB
FDI
0.3 billion USD
Setup time
30-45 days
Pros & Cons
✓ Advantages
- •Lowest costs in China
- •Belt & Road location
- •Petrochemical base
✗ Challenges
- •Inland and remote
- •Small market
- •Environmental concerns