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Your Place: China Guide > Investement in China > Investment Environment > Economy
Gansu--Economy
Published:2008-05-05 03:18    From Site:商务部   Review: Font Size> small   middle   big

II . Economy

(i) GDP
In 2005, the GDP of Gansu Province is 192.814 billion Yuan, of which the increased value of primary industry is 30.00 billion Yuan; the added value of secondary industry is 83.655 billion Yuan; increased value of tertiary industry is 79.159 billion Yuan, in which the (added value) of wholesale and retail trade and catering industry is 17.345 billion Yuan, added value of real estate is 6.378 billion Yuan. The contribution rate of primary industry, secondary industry and tertiary industry for GDP is 7.1%、51.4% and 41.5%. The secondary industry and tertiary industry are the major driving force for drawing economic growth. The per capita total output value is 7,341 Yuan.

Proportion of Primary Industry, Secondary Industry and Tertiary Industry of Gansu Province in 2005



(ii) Main Industry and Resources
Agriculture
The grain planting area of Gansu Province is 2.5872 million hectare; cotton planting area is 63.9 thousand hectare; oil plants planting area is 328.9 thousand hectare; sugar material planting area is 4.4 thousand hectare; vegetable planting area is 306.8 thousand hectare. Grain total output in 2005 is 8.3689 million tons, summer and autumn grain output are 3.3801 million tons and 4.9888 million tons separately.

Output of Major Agricultural Products in 2005



Industry
Gansu Province realized industrial added value of 68.580 million Yuan in 2005.

Output of Major Industrial Products in 2005






Natural Resources
Land Resources Per capita land of Gansu Province is 26.31 mu, per capita cultivated land is 2.71 mu, which is more than one time higher than that of China.
Water Resources The water resources for development rank the forth in China. The surface water resources is 28.62 billion cubic meters, pure groundwater is 870 million cubic meters, gross water resources is about 29.49 billion cubic meters and per capita 1,150 cubic meter.
Mineral Resources Mining industry d e v e l o p m e n t h a s b e c o m e t h e m a j o r economic prop of Gansu province. 156 kinds of minerals have been discovered in Gansu Province, taking up 91% of all discovered minerals nationwide. Among the 156 kinds of minerials, the reserve of 81 kinds have been ascertained. There are 3 kinds rank the first in China and 13 kinds rank in 5th position and 22 kinds rank in 10th position.
Traditional Chinese Medicine Resources
Gansu province is the main producing area of Traditional Chinese Medicine with more than 9,500 kinds of medicinal materials available. Now, the major medicinal material for operation are of 450 kinds, especially “M i n x i a n A n g e l i c a” a n d “We n x i a n Dangshen” with large yield and high quality. They are the famous export medicinal material of China and foreign countries.

(iii) Business Data
Imports and Exports
In 2005, the foreign trade of Gansu Province kept fast development speed and completed total value of imports and exports of 2.633 billion U.S. dollar, in which: 1.091 U.S. dollar for export and 1.542 U.S. dollar for import.

Imports and Exports of Gansu Province from 2000 to 2005





Import Value Constitution of Gansu Province in 2005



Export Value Constitution of Gansu Province in 2005




Major Export Products of Gansu Province in 2005
Unit: ten thousand dollar






Major Import Products of Gansu Province in 2005
Unit: ten thousand dollar


Major Import & Export Markets of Gansu Province



Domestic Trade
In 2005, Gansu Province realized total volume of social retail sales of consumer goods of 63.28 billion Yuan. By professional, wholesale and retail trading realized turnover of 51.212 billion Yuan and catering industry realized turnover of 9.975 billion Yuan.
With the further improvement of consumption structure, the automobile and communication equipment commodity sales volume increased faster. Retail turnover of retail and wholesale trade enterprise is 3.207 billion Yuan and that of communication equipment is 256 million Yuan in 2005.

The Consumable Retail Amount of Gansu Province
from 2001 to 2005


Foreign Investment
In 2005, Gansu Province authorized to establish 34 foreign-invested enterprises with contracted foreign fund reaching US$140 million, and actual used foreign fund reaching US$ 20.44 million. Now Gansu had attracted investors from 53 conntries and regions, including Coca Cola, China Grain Group and BHP Billiton of Australia.
International Economic Cooperation
By the end of 2005, Gansu had implemented 682 external contracted cooperative projects with contracted amount reaching US$ 1.132 billion, and turnover reaching US$ 880 million. The contrat workers sent to foreign countries amounted to 12 thousand person-time. 425 multilateral, bilateral, nongovernmental organization aid projects had been implemented US$ 206.8 million, covering with assistance of 75 counties of Gansu province.

External Contracted Project and Service Cooperation Conditions of Gansu Province from 2001 to 2005



Investment in Foreign Countries and Technology Import
In 2005, Gansu Province authorized 9 external enterprises with total investment reaching US$ 8.93 million. We imported 7 technology projects with contracted amount reaching US$ 37.65 million.



Next:Anhui--Economy  [2008-05-05 03:05:42]
Last:Fujian--Economy  [2008-05-05 03:05:45]
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