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Following Shenzhen and Guangzhou, Foshan is the third largest manufacturing base in the Pearl River Delta. Once home to a strong State-Owned Enterprises sector, its current economic strength lies in privates firms and Township and Village Enterprises in Shunde and Nanhai. In 2002, private firms contributed 56.12% of the industrial output and firms from Hong Kong, Macau, and Taiwan contributed 63.44% in exports.
Key industries in Foshan include:
Household electrical appliance and tool manufacturing
Furniture
Non-metal ore and manufacturing
Electronics and communications
Stainless steel products
Plastic products
Ceramics
Towns in Foshan specialize in pillar industries as follows:
Beijiao Town, Shunde (顺德北滘) - household electrical appliances
Chencun Town, Shunde (顺德陈村) - flowers and horticulture
Dali Town, Nanhai (南海大沥) - aluminium products
Lecong Town, Shunde (顺德乐从) - furniture production and distribution
Nanzhuang Town, Nanhai (南海南庄) - building materials
Xiqiao Town, Nanhai (南海西樵) - tourism and textiles
Yanbu Town, Nanhai (南海盐步) - underclothes
Nanzhuang Town, Chancheng (禅城南庄) - ceramics
Some well-known brands to come out of these pillar industries include Midea, Kelon, and Jianlibao. Foshan's furniture and lighting industry is known as the world's largest furniture wholesale market and the world's largest lighting wholesale market
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