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Growth of Jiangsu Per Capita GDP in RegionsChina

SOURCE:DOINGBUSINESSINCHINA.ORG   TIME:2016-11-18

 

Growth of Jiangsu Per Capita GDP in RegionsChina
 

In recent years, North Jiangsu also adopts the strategy of accelerating industrialization, depends on its own comparative advantages, optimizes the production pattern, implements the strategy of development along eastern portions of Longhai Railway, builds up Xuzhou Metropolitan Coordinating Region, energetically carries out relocation of business, finance, technology and labor, and fully utilizes advantages of later development, and therefore makes noticeable achievements. North Jiangsu, not only comparable with South Jiangsu in agriculture, but becomes provincial and national production base of grains, cottons and oil. In addition, development of industrial economy accelerates, and influential industrial sectors are formed, resulting in some giant groups. Meanwhile, emphasis is put on the improvement of North Jiangsu infrastructure, resulting in convenient transportation system consisting of aviation, ports, railway and roads.
 
Following the operation of such energy projects as Tianwan Nuclear Power Plant and gas projects, energy supply will be further assured, and investment environment will be additionally improved. In 2005, North Jiangsu GDP amounted to 361.076 billion yuan, increasing from 10.3% in 2001 to 14.3% in 2005, with an annual speed of 13%. Economic aggregates of North Jiangsu accounted for 19.8% of the total in the province. Per capita GDP exceeded USD1,400. Ratio of three industries changed from 25.2: 42.0: 32.8 in 2001 to 19.7: 46.4: 33.9 in 2005, with the primary industry decreasing while the secondary and tertiary industry increasing by 5.5%. Actually, updating of industrial structure accelerated. The output value of high-tech and new industries in North Jiangsu amounted to 32.699 billion yuan, 3.7 times as that in 2001, with an annual growth rate of 38.9%.



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