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Wenzhou:Everyone’s an Entrepreneur 组员:叶桂 黄竞娴 许嘉贤 苏薇薇 Question: What`s major factor promotes Wenzhous economic development ? Private economy Birthplace of Chinas private economy------Wenzhou In the early days of economic reforms, the people of Wenzhou took the lead in developing a commodity economy, household industries and specialized markets. Many thousands of people and families were engaged in household manufacturing to develop individual and private economy. Up till now, Wenzhou has a total of 240,000 individually owned commercial and industrial units and 130,000 private enterprises of which 180 are group companies, 4 among China’s top 500 enterprises and 36 among national 500 top private enterprises. There are 27 national production bases such as China’s Shoes Capital and China’s Capital of Electrical Equipment, China’s 40 famous trademarks and China’s famous-brand products and 67 national inspection-exempt products in the city. The development of private economy in Wenzhou has created the Wenzhou Economic Model, which inspires the modernization drive in China. . Birthplace of Chinas private economy------Wenzhou The city of Wenzhou is a world leader in manufacturing with over 500 such companies in the city.The plastic weaving cluster in Wenzhou comprised 1600 enterprises in 2001, employing 42,000 people with an annual output value of 20 billion Yuan. The Local cluster comprised 400 manufacturers in 2001 with a total output of 5 billion Yuan, representing 65 percent of the domestic market share. The cluster is the first in China in terms of market share and sold it products to 60 countries. There are many areas in which people of Wenzhou opened the first example of private economy in post-1949 China. For instance, Juneyao Airlines started on July, 1991, which is the first private airline company in China. Jinwen Rail Wayis also the first rail way company which is built with private capital 温州的经济发展一定意义上说就是民营经济的发展。 民营经济从萌芽初现到灿若星河,从当初微不足道到成为国民经济的补充,并迅速崛起为经济发展
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