Doing Business with China

Overview

Hunan is situated in the southern part of the middle reaches of the Yangtze River, south of Dongting Lake. Topographically, it is a U-shaped basin of rolling plains, with mountains rising in the east, south and west and flat lands extending northward. The total area is 212,000 square kilometres and it has a population of 65.95 million. The provincial capital is Changsha. Major economic indicators are shown in Table 7.18.1.

Table 7.18.1: Major economic indicators, Hunan Province

Item

2000

2001

Population (millions)

65.61

65.95

Gross domestic product (billion RMB)

369.188

398.3

GDP per capita (thousand RMB)

5.639

 

Disposable income per capita (thousand RMB)

   

       Urban residents

6.22

2.158

       Rural residents

6.78

2.26

Savings (billion RMB) [*]

287.0

334.2

Investment in fixed assets (billion RMB)

101.224

120.9

Value-added of primary industry (billion RMB)

78.492

82.6

Value-added of secondary industry (billion RMB)

146.186

157

Value-added of tertiary industry (billion RMB)

144.510

158.7

Total retail sales of consumer goods (billion RMB)

136.5

151.1

Source: China Statistical Yearbook 2001 and State Statistical Bureau

[*] Both institutional and private savings

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