Hefei, once celebrated for its cultural landmarks like Chaohu Lake, Baogong Park and the former residence of Li Hongzhang, is today a city promoting groundbreaking technological advancements to secure its place among China’s second cities.
The city’s ambitious strides in quantum technology have earned it global recognition, specifically for its quantum metropolitan area network—the first of its kind in the world. It’s an advanced communication system that leverages the principles of quantum mechanics to enable ultra-secure data transmission across a city or metropolitan area that surpasses traditional encryption methods. Complementing this is a thriving manufacturing sector, where over 20% of the world’s consumer electronic LCDs and one out of every 12 new energy vehicles in China are produced. These achievements anchor Hefei’s position as a critical player in the global supply chain, powering its #52 ranking in our overall Prosperity index. And Hefei’s economic trajectory is set to accelerate even further. Volkswagen will open its largest R&D center outside of Germany by 2027, solidifying Hefei as a hub for the new energy vehicle industry. This aligns with the city’s strategic vision to dominate the sector, supported by giants like NIO and JAC Motors. Expect the impressive #12 Unemployment Rate to plummet even more.