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Xuzhou is rich in resources and diversified in agricultural and sideline produce. It has a huge reserve of high-quality mineral resources such as coal, iron, limestone, marble stone, etc.
Xuzhou Construction Machinery Group Weiwei Group Datun Coal and Electricity Corporation are listed the top 520 corporations in China. Tertiary industry has developed boomingly and the role of regional logistics center and tourism center has further intensified. Foreign-oriented economy has made great headway. Many world well-known companies such as Caterpillar Rockwell and Haier Group settled here. The construction machinery manufacturer XCMG is the largest company based in Xuzhou. It is the world's tenth-largest construction equipment maker measured by 2011 revenues, and the third-largest based in China (after Sany and Zoomlion). |
