East China
Doing Business in Lianyungang
The eastern terminus of the New Eurasian Land Bridge - China's #1 port for Central Asia rail freight, plus a major pharmaceutical base (Hengrui Medicine) and petrochemical hub.
Why Lianyungang?
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Eastern terminus of China-Europe rail (New Eurasian Land Bridge)
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Hengrui Medicine HQ (China's top pharma company)
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Major petrochemical port
Key Industries
Rail FreightPharmaceuticalsPetrochemicalsPort Logistics
GDP
0.44 trillion RMB
FDI
0.5 billion USD
Setup time
30-45 days
Pros & Cons
✓ Advantages
- •China-Europe rail terminus
- •Pharma cluster (Hengrui)
- •Lowest costs
✗ Challenges
- •Remote from main markets
- •Less FDI
- •Developing ecosystem