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Thriving Chinese Urban Centers Bolster Encouragement for Private Businesses

Private economic growth efforts intensify in key Chinese cities like Shanghai, Beijing, and Shenzhen. These cities are vigorously implementing strategies to create a advantageous business environment and boost the morale of private companies.

Thriving Chinese Urban Centers Bolster Encouragement for Private Businesses

In the skies above Huzhou City, Zhejiang Province, January 8, 2024, an aerial drone snapped a picture of robotic arms at work. These arms were busy assembling components for new energy vehicles (NEV) at a private company nestled within the bustling Changxing Economic and Technological Development Zone. The scene captured by photographer Tan Yunfeng paints a vivid picture of China's burgeoning green-transport revolution (Photo by Tan Yunfeng/Xinhua).

However, details regarding the specifics of this NEV production within the Changxing zone are somewhat scarce. For instance, the recent acquisition of Suzhou Maishuo Automation by the GMT Group (April 2025) and its "New Energy Auto Parts Automation Division" suggests activity in NEV-related automation services, although no clear connection to the Changxing-based private NEV manufacturers can be found.

On a broader scale, Guangdong Province represents approximately 25% of China’s NEV production. While no similar data is available for Zhejiang’s Changxing zone, it's clear that China’s NEV market is poised for success, projected to surpass an astonishing 16 million sales by 2025 (source 2). Private enterprises across the nation showed improved production and operational performance in Q1 2025 (source 1), but specific information on Changxing's private NEV makers remains elusive in the cited reports. To delve deeper into the local production figures, direct inquiries would be necessary to the Changxing Economic Development Zone administration or Zhejiang provincial industry reports.

  1. The economic growth of Huzhou City, specifically in the Changxing Economic and Technological Development Zone, is driven by private companies manufacturing components for new energy vehicles (NEV).
  2. Tan Yunfeng's photograph of robotic arms assembling NEV parts paints a picture of China's burgeoning green-transport revolution.
  3. The recent acquisition of Suzhou Maishuo Automation by the GMT Group in April 2025 indicates activity in NEV-related automation services, although no clear connection to Changxing's private NEV manufacturers has been established.
  4. Guangdong Province holds approximately 25% of China’s NEV production, while information about the production in Zhejiang’s Changxing zone remains elusive, suggesting potential for further study.
  5. The success of China’s NEV market is projected to surpass 16 million sales by 2025, indicating a promising future for private enterprises in the industry nationwide, including those in the Changxing Economic Development Zone.
Efforts have been initiated by key Chinese cities, including Shanghai, Beijing, and Shenzhen, to boost the private sector. These cities aim to create a more welcoming business atmosphere and augment the self-assurance of private companies by implementing new strategies.

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