Yangtze River Delta
Doing Business in Shaoxing
China's textile and dyeing capital - the world's largest fabric trading market (Keqiao), plus a growing integrated circuit design cluster, at lower costs than Hangzhou.
Why Shaoxing?
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World's largest fabric market (Keqiao)
✓
Textile and dyeing industry capital
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Growing IC design cluster
Key Industries
TextilesDyeing/FinishingIC DesignYellow Wine
GDP
0.78 trillion RMB
FDI
1.5 billion USD
Setup time
30-45 days
Pros & Cons
✓ Advantages
- •Textile trade monopoly
- •Lower costs than Hangzhou
- •IC design growth
✗ Challenges
- •Textile industry pollution
- •Traditional focus
- •Less tech exposure