Gulou, ranking fifth among the nation’s 35 major cities in the capacity to develop a headquarters economy, is attracting international company head offices which is the mode used increasingly across the country. In a bid to attract yet more companies, Gulou district has adjusted its economic and industrial structure.

Covering about one-tenth of Nanjing, Gulou accounts for nearly one-third of the city revenues, ranking first among the six urban districts. According to Bao Yongan, district Party secretary, one of the most important reason for its high revenues is they have focused on developing the headquarter economy, which also boosts development of the modern services industry in the city—an important strategy to optimize their industrial structure. They seized the opportunity in recent years when big domestic and international companies Read more…

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central, China, district, Gulou, nanjing