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When Continental Tire set up shop in Hefei, China, in 2009, it didn't have much of a clue what it was getting into.
The country's fourth-largest tire manufacturer had never before set up shop in Anhui province, which is roughly the size of France and has a population of just 61 million, per Quartz.
But Continental's presence in the citywhich has seen its GDP rise from 76th in 1990 to 20th last year, per the Economistshows just how far China has come in recent decades in transforming its once-dominant agricultural sector into a knowledge-based economy.
With a focus on technology and advanced manufacturing, Hefei has seen its population grow by 220,000 over the last 20 years, and it now produces 9% of China's new energy vehicles, per Quartz.
It's also home to a quantum computing lab, artificial sun research institutions, and electric-vehicle factories.
"Hefei is rare in that its successive administrations have maintained a consistent approach to [tech and advanced manufacturing] investment despite personnel changes," says an economist with the Economist Intelligence Unit.
"Many cities actually don’t know what industries they should develop, hence they lay out the same industrial plan and pick industries that everyone else in."
Hefei
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
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