By making good use of the abundant resources of land and natural minerals, advantages in science and education and low labor cost, Hefei is now in a prime period with the highest speed in development and the best quality in economic operation.

In 2007, the whole city realized 133.42 billion RMB in GDP. The annual fiscal revenue 21.519 billion, increased by 28.3%, of which local revenue was 10.198 billion with an increase of 28.4%, the yearly import and export volume totaled 6.248 billion dollars, increased by 28.2%，of which export volume was 4.301 billion dollars with an increase of 26.3%, import volume was 1.948 billion dollars with an increase of 32.6%.

With a full catalog of industries and supporting facilities, Hefei is a new booming industrial city featuring manufacturing. Eight key industries have taken shape, comprising auto-making,equipment manufacturing, house-hold appliance, chemical industry and tyre, IT and software, new materials, biotechnology and new medicine, food and in-depth processing of agricultural and sideline products. The high-tech industry gears up and progresses rapdly, leading other pillar industries with full vitality. Hefei can produce about 2,000 categories of products, Many brand-name products like JAC truck, Meiling and Royalstar household appliance, Guofeng Plastics, Heli Forklift, Gt Tire, Hitachi Excavator are well known far and near.