Anhui's growth and talent advantages benefit GUi in demographics

The population of Hefei, the capital of Anhui province where Grand Union of Innovation (GUi) is based, increased to 9.85 million in 2023, marking an increase of 219,000 from the previous year, with a growth rate of 2.3 percent. 

The city witnessed a consecutive rise in net population growth primarily attributed to migration, which accounted for over 91.8 percent of the increase.

The influx of newcomers also bolstered the city's workforce, with over 350,000 newly insured college students entering employment, showcasing a 16.7 percent year-on-year increase. This influx reflects Hefei's burgeoning appeal for talent and its commitment to nurturing skilled professionals.

The steady increase in college-educated settlers has paved the way for the city to fetch more talent. In 2023, there were over 180 researchers among 10,000 employed residents on average, twice as the nationwide mean value.

In the context, GUi in Hefei serves as a centralized platform to aggravate talent and bring them to full strength. A substantial increase of talent choosing to work in GUi has brought the whole number to 33,404 by the end of 2023, as 3,789 more people work there compared to that of 2022, a 12.8 percent boost. 

Moreover, Hefei's population profile underscores a positive trend in its demographic statistics. The city's natural population growth rate remained robust at 1.82 percent, outpacing national and provincial averages. This indicates a youthful demographic structure, promising for future development.

Urbanization continued its upward trajectory, with over 85 percent of Hefei's permanent residents now residing in urban areas. This urban shift, rising by 0.91 percentage points from the previous year, signifies ongoing urban development and infrastructure enhancements.

Hefei's significance within the province also grew, with its proportion of the total provincial population rising to 16.1 percent in 2023, a testament to its economic and social dynamism. Over the years, the city has steadily increased its share, reflecting its rising prominence.

Hefei's 2023 demographic data portrays a city on the rise, characterized by sustained population growth, urbanization, and a burgeoning workforce. These trends position Hefei as a key player in an evolving landscape of urban development and economic growth.

The position of Hefei as a powerhouse of technology breakthroughs also helps GUi to attract, cultivate and collaborate with more high-end talent. Over 30 entrepreneurs and academics overseas held talks with GUi in 2023 with over 10 academicians awarded by foreign academies visiting GUi.