Chapter 7.9: Jiangsu Province


Overview

Jiangsu Province borders on the Yellow Sea in the east and the lower reaches of the Yangtze River and Huaihe River in eastern China. Its terrain is the lowest in China with part of it lying 50 metres below the sea level. Plains cover 68 per cent of the province, hills 15 per cent and rivers and lakes 7 per cent. Jiangsu has a total area of 102,600 square kilometres and a population of 73.54 million, making it the most densely populated province in China. Jiangsu was the second strongest economy in China after Guangdong in terms of GDP. The main economic centres are Nanjing (the capital city of Jiangsu), the coastal port cities of Lianyungang, Nantong and Xuzhou, as well as the fast-growing industrial belt of Suzhou-Wuxi-Changzhou in the south. Major economic indicators are shown in Table 7.9.1.

Table 7.9.1: Major economic indicators, Jiangsu Province

Description

2000

2001

Population (millions)

73.25

73.54

Gross domestic product (billion RMB)

858.273

951.46

GDP (thousand RMB)

11.773

12.925

Disposable income per capita (thousand RMB)

6.800

3.594

Urban residents

   

Rural residents 7.375

3.785

 

Savings (billion RMB) [*]

839.89

970.07

Investment in fixed assets (billion RMB)

256.997

330.3

Value-added of primary industry (billion RMB)

103.117

108.84

Value-added of secondary industry (billion RMB)

443.589

491.37

Value-added of tertiary industry (billion RMB)

311.567

351.25

Total retail sales of consumer goods (billion RMB)

260.41

286.90

Source: China Statistical Yearbook 2001 and State Statistical Bureau

[*] Both institutional and private savings




Doing Business with China
Doing Business with China
ISBN: 1905050089
EAN: 2147483647
Year: 2003
Pages: 648
Authors: Lord Brittan

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