Economy
DATE:08-06-2011
In recent years, Hunan has witnessed great development
in its total economic output. Its GDP hit 1,293.069 billion yuan in
2009, making an increase of 13.6 percent over the average and ranking
tenth among the provinces of China. Economic returns have further
improved. Fiscal revenue has increased by 14.5%, amounting to 1504.58
billion yuan in 2009. Thanks to the new pattern of industrialization,
industrial structure has been accelerated forward. The top 5 industries
making the highest contribution rate of industrial production, i.e.
special equipment manufacturing industry, agricultural and sideline food
processing industry, non-metallic mineral products manufacturing
industry, chemical materials and chemical products manufacturing
industry and transportation equipment manufacturing industry, have
respectively increased by 37.1%, 28.7%, 29.8, 16.8% and 33.4%.Hunan has also achieved great success in the process of modernizing its agriculture. Grain production has increased for six consecutive years, reaching an annual output of 30 billion kilograms, 3.5% up over the previous year. The output of major crops including grain, cotton, oil-seeds, ramie and tobacco, as well as pork, beef and lamb, ranks among the highest in the country. Among these, its production of ramie is the highest in China and its outbound sale of the live pig ranks first in China, the flue-cured tobacco fourth, and for many years it has been the country’s leading producer of rice.
Hunan has developed its service industry, as well as commerce, logistics, tourism and cultural industries. In 2009, the number of inbound tourists reached 1.3087 million, an increase of 17.9%; foreign exchange earning from tourism amounted to US$ 673 million, 9.0% up over the previous year. The number of domestic tourists totaled 159.3416 million, an increase of 25.3%; and the revenue from domestic tourism reach 105.352 billion yuan, an increase of 30.3%. Total tourism income hit 109.947 billion yuan, an increase of 29.1% compared with the previous year.
As for finance, Hunan's financial industry has been stable. By the end of 2009, the bank balance of all the financial institutions in Hunan hit 1402.545 billion yuan, an increase of 123.478 billion yuan over the beginning of the year. Various loans of all financial organizations throughout the whole province added up to 953.662 billion yuan, a record high, and 124.224 billion yuan higher than that of the previous year. The insurance industry has also developed fast. In 2009, the original insurance premiums totaled 34.845 billion yuan, an increase of 11.5%.
At present, Hunan has established business relationships with 170 countries and regions, and has exploited over 3000 export commodities including more than 50 bulk commodities such as zinc, manganese, lead, antimony and non-ferrous metals, textiles, garments, chemicals, color display tubes, firecrackers and fireworks, ceramics, ferroalloy, steel, shoes and hats, rice, tea, vegetables, cases and bags, live pigs, and graphite, with the export volume exceeding 10 million dollars.
Hunan Major Economic Statistics [2010]
|
Name of Indicator
|
2010
|
Change %
|
|
Gross Domestic Product (100 million yuan)
|
15902.12
|
14.5%
|
|
Primary Industry (100 million yuan)
|
2339.44
|
4.3%
|
|
Secondary Industry (100 million yuan)
|
7313.56
|
20.2%
|
|
Tertiary Industry (100 million yuan)
|
6249.12
|
11.5%
|
|
Turnover Volume of Freight Traffic (100 million ton-km)
|
2958.41
|
16.3%
|
|
Composition of GDP
|
14.7:46.0:39.3
|
-
|
|
Total Investment in Fixed Assets (100 million yuan)
|
9821.06
|
27.6%
|
|
Total Retail Sales of Consumer Goods (100 million yuan)
|
5775.26
|
19.1%
|
|
Exports (USD 100 million)
|
79.55
|
44.8%
|
|
Local Government Revenue (100 million yuan)
|
1065.96
|
25.8%
|
|
Total Amount of Foreign Capital Actually Used (USD 100million)
|
51.84
|
12.8%
|
|
Disposable Incomes of Urban Households (yuan)
|
16566
|
9.8%
|
|
Per Capita Net Income of Rural Households (yuan)
|
5622
|
14.5%
|
|
Total Sales of Commercial House (100 million yuan)
|
1406.52
|
49.4%
|
|
Floor Space of Selling Commercial House (10000 sq.m)
|
4472.97
|
27.3%
|
No comments:
Post a Comment