Doing Business with China
Overview
Zhejiang is a coastal province in east China, covering an area of 101,800 square kilometres, 70 per cent of which are mountainous, 23 per cent plains and 6 per cent rivers and lakes. There are over 2,000 offshore islands. Zhejiang has a population of 46.134 million and the provincial capital is Hangzhou. Major economic indicators are shown in Table 7.11.1.
| Item | 2000 | 2001 |
|---|---|---|
| Population (millions) | 45.950 | 46.134 |
| Gross domestic product (billion RMB) | 603.634 | 670.0 |
| GDP (thousand RMB) | 13.270 | 14.550 |
| Disposable income per capita (thousand RMB) | ||
| Urban residents | 9.279 | 4.286 |
| Rural residents | 10.465 | 4.582 |
| Savings (billion RMB) [*] | 729.57 | 882.31 |
| Investment in fixed assets (billion RMB) | 234.995 | 276.9 |
| Value-added of primary industry (billion RMB) | 66.42 | 69.0 |
| Value-added of secondary industry (billion RMB) | 318.347 | 344 |
| Value-added of tertiary industry (billion RMB) | 218.871 | 257 |
| Total retail sales of consumer goods (billion RMB) | 229.88 | 255.55 |
| Source: China Statistical Yearbook 2001 and State Statistical Bureau | ||
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[*] Both institutional and private savings | ||