¡¡Situated in the Great Plains of Hangzhou-Jiaxing-Huzhou Belt which is rich in natural resources, Huzhou enjoys very favorable economic conditions, among which 80-odd percent of the cultivatable land is high-yielding cropland free from the care over drought and flood because of the advanced irrigation system and natural geographic advantages. In a sense, it is natural that Huzhou has been regarded as one of the most vital agricultural bases that have been supplying multitudes of goods to the other parts of the country, such as rice, silkworm cocoon, fresh-water fish, bamboo products.Linghu District and Anji County rank high all over the country in terms of fish and bamboo products. Since the reform of agriculture framework, Huzhou has encouraged the modulation of agricultural framework in order to modernize the formerly low and inefficient technology. The merits of this reform are strikingly apparent.2003 saw the realization of 1 billion US dollars of agricultural gross output value. The rate between the land for grains and the land for cash crops adjusts to 51:49 with the yield increasing to 45:55, on the contrary. At the same time to adjust the structure of agriculture, some efforts have been taken to further process the raw materials to achieve more additive profits, helping to set up some processing bases for agricultural and sideline products according to the demands of the market. Nowadays Huzhou has been well-known for its processing and producing aquatic products, bamboo shoots, delicious tea, fruit and rapeseeds etc .

¡¡Industry has been playing an important role upon the economy of Huzhou, with a variety of modern sub-sectors, such as silk knitting, building materials, machinery manufacturing, electronics, textile, chemistry, medicine, foodstuffs etc. During the past years, municipal government strongly supports the development of competitive industrial sectors such as new textile fabrics, electro-mechanics, medicine and drugs, refined chemical industry and new building materials to develop more brand-new products. In 2003, the value added of the entire industry yield comes to 2.8 billion US dollars with the profit of 0.45 billion dollars, to which the above mentioned industrial sub-sectors, contribute greatly. A lot of enterprises stand out , while facing the competition of the market.

¡¡The tertiary industry is no less important than other sectors and is making great progress in recent years, especially commodity circulation, transportation, communication ,insurance, finance and tourism etc.The significance of the role that the downtown center plays and the radiation of it is being enhanced. In 2003, the value added of the tertiary industry achieved 2 billion US dollars, with the exciting consequence of a balanced and prosperous market, such as the selling market of automobile and real estate as well as others. The overall 191 commodity exchange markets accomplishes the sales of 5 billion US dollars, among which there are 31 markets whose sales are more than a dozen million dollars, covering the major share of the sales. In the meanwhile, tourism becomes the mainstay of the tertiary industry that the municipal government plans to support in all aspects, with the visiting tourists of more than seven million and 0.5 billion dollars¡¯ achievement in 2003.The revenues of the insurance accounts for 0.16 billion and the surplus deposit of the financial institutions is 6 billion dollars. At the same time the profits of other sectors are quite satisfactory such as the transportation, tele-communication, whose value added is about 0.5 billion dollars.

 

¡¡The progress that the industry of Huzhou makes is rather striking, touchiong the new high in 2003. The output of the major enterprises comes up to over 7 billion dollars ie 28 percent more than that of the previous year. Among the accomplishments, the output of the light industry of is 3.6 billion US dollars with the increase of 22%; the output of the heavy industry is 3.5 billion with the increase of 36.7%.Of the 33 sub-sectors of the industry, 29 increase their outputs more or less. Also the increasing rate of 24 lines surpasses 20 percent, and that of 15 lines goes beyond 30 per cent. The following is the detailed increasing rates of the fundamental lines:
¡¡
Textile industry 16%
Nonmetal ore exploration 34.7%
Electrical equipment 31.7%
Electricity and Thermodynamic System 55.6%

¡¡The significance of the increase is reflected not only in the aspect of mere output but also in the aspects of profits. In 2003 the profits and taxes achieved by the leading enterprises is 0.5 billion U S dollars with the increase of 65.8%, which is the highest one of the same line in Zhejiang province. In China enterprises can be divided in the light of ownership. The profits achieved by the stock companies whose investment comes from abroad, Twain, Macao and Hongkong,and others are 345 million dollars(87.2% increase), 46.4 million dollars(41.5%) and 60 million dollars(8.5%). It is self-evident that the profits from the stock companies account for the largest share of those of the industry, ie 76.5%. In terms of the sub-sectors, nonmetal-ore-exploration enterprises achieved their profits of 81 million dollars with the increasing rate of 193%, surpassing that of the textile industry. The profit of the latter is about 75 million dollars with the increasing rate of 44.1%