As the two biggest engines in the economic development of China, Yangtze River Delta and Zhujiang River Delta have kept pace with each other and chased each other over recent years. But according to a newly revealed statistics about foreign investment and import & export: Yangtze River Delta has appeared potency to exceed Zhujiang River Delta. And some experts think that different developing model of Yangtze River Delta and Zhujiang River Delta affect their own developing tendencies. 　　

 Yangtze River Delta has exceeded Zhujiang River Delta in the field of high-tech products export. 　　

The high-tech products import and export of China has kept increasing at a very high speed since this year. The total import and export value of high-tech products from January to July reaches US$170.26 billion, up 48.7%, among which, import value is US$86.4 billion, up 40.7%, export value is US$83.80 billion, up 58.3%, accounted for 27.1% in the total amount of foreign trade export. And there are eight characteristics of the high-tech products import and export of China: 1. the growth rate of its export is much higher than that of national export but that of import is a litter lower; 2. its export proportion in the total foreign trade export continues to raise and appears a good rising tendency of the amount and price; 3. the growth rate of its export is faster than that of import, the trade deficit of high-tech products has been reduced by a big margin; 4. the export of high-tech products has increased manifold with a stable export rebate rate and there appears a rapid increase among the export of high-tech products with reducing export rebate rate; 5. the notebook computer has become a new highlight of high-tech products export, and the import of integrate circuits and numerically controlled machines greatly increases; 6. the export of foreign-invested enterprises and private enterprises have strongly increased, but for import, the foreign-invested enterprises are the key factors; 7. UAS, EU and Hong Kong are the main export markets while Japan, ASEAN and Taiwan are the main import markets; 8. the export of east coastal areas occupies a leading position among the whole export, and Yangtze River Delta has overall exceeded Zhujiang River Delta in the field of export.

The foreign trade and direct investment of Yangtze River Delta by no means should be taken lightly　

Along with reform and opening going deeper, Yangtze River Delta, which owns perfect advantages of geographical position, industries, technologies and talent, has become the strong competitor of Zhujiang River Delta. Looking at the environment both national and international, the starting point of foreign investment entered has changed from utilization of cheap labor force to occupation of wide domestic market. And Yangtze River Delta lies in the middle of China where river and sea interjuncted, and becomes a expected foothold of foreign investment in the new round of investment. Last year the No.1 of actual utilization of foreign investment all over China came to Jiangsu province instead of Guangdong province since the reform and opening up. The number of local head offices of international enterprises or overseas enterprises can directly reflect abilities of competition and influence in one area. Nowadays, Shanghai is the city with the highest number of international enterprises local head offices and there are more than 180 international financial institutes set up their administrative bodies in Yangtze River Delta. When analyzing the statistics, first of all, the growth rate of all foreign trade development indicators in Yangtze River Delta is higher than that in Zhujiang River Delta, which shows that it’s good for Yangtze River Delta developing trend; secondly, general trade export of Yangtze River Delta is higher than Zhujiang River Delta, which shows that the vital development of individual economy and ability of self-management of export in Yangtze River Delta are stronger than that in Zhujiang River Delta; the last, because of its better bases of technology, talent and techniques, the potentiality of high-tech products export in Yangtze River Delta is much larger.

It lacks of comparability to compare Yangtze River Delta with Zhujiang River Delta by using the simple numbers 　

　The statistics of the this year’s first quarter about Zhujiang River Delta and Yangtze River Delta shows that the total value of import and export of Zhujiang River Delta is US$69.28 billion and that of Yangtze River Delta is US$83.03 billion, among which, the first quarter’s export and import values of Zhujiang River Delta are US$35.25 billion and US$34.03, up respectively 22.2% and 26.6%; and during the same time, export and import values of Yangtze River Delta are US$40.17 billion and US$ 42.85, up respectively 56.1% and 60%. These data makes quite a good deal of scholars in economy circle exclaim that the foreign trade development of Yangtze River Delta has overall exceeded Zhujiang River Delta, but it is notable that Zhujiang River Delta consists of 14 cities and towns while Yangtze River Delta consists of 74 cities and towns, so they the are not in the same level according to the administrative divisions; and the land areas and population scale of Yangtze River Delta are respectively 2.39 and 2.04 times than that of Zhujiang River Delta. Therefore, it lacks of comparability to compare Yangtze River Delta with Zhujiang River Delta by using the simple numbers and scales. Compared among different provinces, currently Guangdong province is still worthy of No.1 all over the country. Last year, Jiangsu, the second foreign trade export province of the country, only accounted for 38% of the foreign trade of Guangdong.  

The different developing models decide the different developing trends 　

Yansheng Zhang, superintendent of the Foreign Economy and Trade Institute of National Development and Reform Commission, thinks that Yangtze River Delta and Zhujiang River Delta each have their strong points. If accounted Hong Kong and Macao regions to Zhujiang River Delta, all of its data will exceed Yangtze River Delta according to the numbers. This comparison between numbers is not important and scientific, but the important thing is that these data striking the alarm bell for foreign trade development of Guangdong. These two development trend results from their different development models: the developing model of Zhujiang River Delta was export-oriented economy on the base of the close relationship with Hong Kong, Macao and Southeast Asia regions which would directly take part in the circle of international industry chain; and Yangtze River Delta’s developing model was the open type of economy, which tightly related to not only Asia, Europe and other international markets but the domestic market, and satisfied both domestic and foreign demands. So the developing model of these two deltas decided their different developing trends nowadays. It was hard to say which one was good or which one was not good. If Guangdong wanted to promote its development, it must make good use of Hong Kong as a advantage. In the future, Guangdong will face more and more competitions of developing areas afterwards. Therefore, Guangdong should correctly fix its position and set up a new corporation relationship with Hong Kong and Macao regions and neighborhood provinces. It lays stress on activating economic vigor and treasure creativity to accumulate the upgrading of trade process in Guangdong and intensify the example role of Guangdong, Hong Kong and Macao brought along to the neighborhood areas.