Nanning, briefly known as Yong and the provincial seat of Guangxi Zhuang Autonomous Region, is the political, economic, cultural, S&T, educational, financial and information center of the whole region. Situated in the southeast of Guangxi, bordering Guangdong, Hong Kong and Macao, backing on the southwest and facing the Southeast Asia, Naning is the important hub linking the southeast coast with the southwest inland, as well as the only coastline provincial seat in the southwest region of China. In 2008, Nanning’s GDP totaled RMB 131.6 billion. The population of permanent residents has surpassed 7 million, with a per capita GDP of RMB 16,126.
A state-level economic area---the core city for the construction of Beibu Wan Economic Zone, Nanning is with the benefits of coastal cities and tax holidays and other preferential treatments. Nanning actively seizes opportunities, continuously raises consciousness of opening-up and rationally utilizes effective resources, with redoubled steps of agricultural restructuring and an overall development tendency. In industrial economy, market orientation is adhered to, business mechanism is transformed actively, and qualities of economic operations are raised. The tertiary industry is flourishing day by day. New economic growth points have been brought into being with tourism, real estate, conferences and exhibitions and catering as the mainstays.