Maoming is located in the southwest of Guangdong province with Yangjiang City to its east, Zhanjiang City to its west and Yunfu City to its north and also Guangxi province, the South China Sea is on its north. It has an overall area of 11,458 square kilometers and a population of 6.5476 million. With petrochemical industry as its main dependent industry, Maoming is marching on the road of new-typed industrialization.

1. General Survey of Economic Development
Maoming City developed with a high speed. In 2003, its GDP reached RMB 65.699 billion, up by 11.3%. The output value of the three industries accounts 15.9%, 42.7% and 41.4% to GDP respectively. The export reach a new high and the total export value reached USD 1.38 billion, increased by 42%. The utilization of foreign investment increased considerably. The contractual attraction of foreign capital was USD 145 million with an increase of 51.6%. Actual utilization of direct foreign investment was USD 101 million with an increase of 13.6%.

2. Unique Advantages and Development Characteristics
(1) Having complete infrastructure facilities. It has a multi-dimentional network of land, railway, water, pipe and air transportation. Moreover, the city has well-functioned modern communication network and full water and electricity supply. With the neatly planned construction, the city has a beautiful environment. It is the civilized city and clean city of Guangdong Province and was honored as “National Garden City”.

(2) With famous “three-high” agriculture. A favorable industrial structure, with production of litchis, longans and bananas as the mainstay, has come into being, fully exhibiting the regional characteristics of Maoming. With the largest fruits and north-transported vegetables production base in China, the city was warded The Largest Fruits Production Base of China by the concerned department of The State Council.

(3) Maoming is the important petrochemical industry bases. Its petrochemical industry with oil refining and ethane production as the mainstay takes an important part in China. It is the base of resource, raw and processed materials and heavy chemical industry of Guangdong Province. It is named Nanfang Oil City of China with the largest crude oil processing capacity in Southern China. There are more than 400 different kinds of chemical enterprises in Maoming and the production of oil and chemical products are more than 400 kinds.

(4) With considerably economic value of mineral resources. The city has as many as over 50 mineral resources exploited, among which the exploration and processing industry with Nan Yu and kaolin as the mainstay are characteristic. The output of oil shale and kaolin rank the first in China and the reserves of gold, stannum, titanium, zircon, rare-earth, porcelain clay and granite keep ahead in the whole province.