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Mexico’s
central interior blends the old with the new. In centuries old
cities such as Querétaro industry ranges from farming to
aerospace. In Guadalajara, electronics and R&D lead the way.
Around Mexico City investors can find anything they need.
Trade is the leading economic activity in
Jalisco. Manufacturing also plays a significant role in economy,
with a 22.9 percent share in the state’s GDP. Jalisco produces
textiles, footwear, food products, beverages, rubber, plastics,
furniture and pharmaceuticals. It also has high-tech electronics
and communications industrial enterprises. Transportation,
warehousing and communications contribute 11.6 percent of the
state’s GDP.
In Mexico City, community, social and
personal services stand out by contributing 36.5 percent of the
entity’s GDP, followed by trade, restaurants and hotels (19.5
percent) as well as manufacturing (17.7 percent) where
pharmaceutical industry, printing and publishing, and chemical
production stand out.
Sixty percent of banking activity and 75
percent of financial savings of the country are concentrated in
this entity, where the average income is 3.5 times higher than
the national average; and the average education level is more
than 10 years. Employment is mainly concentrated in trade,
finance, personal services and manufacturing as well as
education, culture and public administration-related activities.
Cooper Tire & Rubber Company is an example
of a U.S. manufacturer succeeding in central Mexico. Cooper Tire
& Rubber and Corporación de Occidente S.A. de C.V., a Mexican
tire...
...Continued
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