Guangzhou
Guangzhou (also known as Canton) is the third-largest Chinese city behind Beijing and Shanghai and is the capital of the Guangdong Province. It is the main manufacturing hub of the Pearl River Delta and produces about a third of all of China’s exports. As labour costs have increased in Hong Kong, manufacturers opened new plants in Guangzhou and the surrounding areas. Combined with Chinese tax reforms in the 1990s that made it beneficial for major companies to set up business here, it has seen they city rapidly grow over the last 25 years or so.
The location
Part of the Pearl River Delta and located next to Baiyun Mountain, Guangzhou is divided into the following 11 districts; Yeuxiu, Liwan, Haizhu, Tianhe, Baiyun, Huangpu, Panyu, Huadu, Nansha, Zengcheng, and Conghua.
Neighbouring areas - price comparisons, per person per month
|
The prices given below are the minimum to maximum average cost for serviced offices, per person per month, derived from our Sales Team's knowledge. |
| Area | Indicative price range |
|---|---|
| Tianhe District | RMB3,000 - 4,000 |
| Haizu District | RMB2,000 – 2,500 |
| Shanghai | RMB3,000 - 6,000 |
| Hong Kong | RMB2,800 - 12,000 |
| Singapore | RMB2,750 - 7,000 |
| Beijing | RMB4,000 - 8,000 |
| Tokyo | RMB3,000 - 6,000 |
Looking for an office in Guangzhou
Costs
Prices in Guangzhou are getting cheaper, making it a great time to make the move into the city.
Prices currently range from RMB2000 – RMB4000 per person, per month for serviced offices, depending on location and requirements.
When looking at serviced offices keep in mind that these costs usually cover a variety of amenities and as such can offer great value for money and lower outgoings.
Office sizes
Coworking hasn’t really caught on as yet in Guangzhou with companies favouring private office space for their business needs. Instant Offices are able to accommodate most enquiries, from one person through to 100 or more depending on the specifics.
Why choose Guangzhou?
One of the major advantages of setting up business in Guangzhou is its considerably cheaper rental costs compared to Shanghai and Beijing. It also benefits from being very close to Hong, Kong, but again being much cheaper. For companies looking for a strategic base close to Hong Kong on a budget, Guangzhou can offer the ideal solution.
Five things you probably didn't know about Guangzhou:
- One of Guangzhou’s nicknames is ‘Flower City’ due to its year-round warm weather and annual Flower Fairs that are held across all the cities districts just before the Chinese New Year
- The Canton Tower is home to the highest post office in the world
- It is also home to the world’s highest ‘Ferris wheel’, built at the top of the tower
- The main language spoken in Guangzhou is Cantonese, unlike the rest of China where Mandarin is more commonly spoken
- The high-speed train line between Guangzhou and Beijing (1,425 miles) allows passengers to travel between the two cities in eight hours
The most popular areas in which to rent office space in Guangzhou are:
Tianhe District
- Zhujiang New Town, the Central Business District (CBD) is located within Tianhe District
- Home to Guangzhou Science City, a technology centre that forms the core of the Guangzhou Hi-Tech Industrial Development Zone
- A financial centre popular with companies from a diverse range of industries
- East Railroad Station situated within the district and provides the terminus for trains arriving from Shenzhen and Hong Kong
- Many of the city’s newest and most iconic buildings found here
- Google has an office in the district as does All Nippon Airways
- Island district south of the Zhujiang River
- Chinese budget hotel chain 7 Days Inn is headquartered in the district
- Some of the most expensive property prices due to its proximity to the centre of the city
- Less built up than the dense and neighbouring districts of Liwan and Yuexiu
- Home to Yingzhou Ecological Park, which covers over 320 acres with over 50,000 fruit tress
- One of the first national economic development zones in China established in 1984
- Part of Huangpu District, 30km east of downtown Guangzhou
- Six major industries dominate the area: beverages, metallurgy, electronic equipment, foodstuffs, electric machinery and chemical materials
- Located in the east of Huangpu District
- Very close to Guangzhou Baiyun Airport
- Popular with companies involved in logistics, computer software and international trade
- Located in Nansha District
- Home to major industries including heavy industry, biotechnology and automotive assembly
- Conveniently close to Nansha Port
Want to find out more?
If you’re looking to move into the area, or simply require more information, contact Instant Offices' specialist local consultants.
Email our team or call us and we'll be delighted to help you.