Trade Resources Culture & Life The Provincial GDP in Jiangsu Reached 1.8 Trillion RMB

The Provincial GDP in Jiangsu Reached 1.8 Trillion RMB

(i) GDP

In year 2005, the provincial GDP in Jiangsu reached 1.8 trillion RMB, and per capita GDP came up to 24.515 RMB, or about $3,038.

2005 Proportion of the Primary, Secondary and Tertiary Industries in Jiangsu

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(ii)Major resources

Mineral resources

By the end of 2005, 133 kinds of mineral resources have been found in Jiangsu Province, including 4 kinds of energy mineral resources, 19 kinds of metal mineral resources and 39 kinds of nonmetal mineral resources. The total potential value of the solid mineral resources in Jiangsu will reach 917.4 trillion yuan. The reserve quantity of coal mine, salt mine, iron mine and phosphorite ranks on the top of the list.

Aquiculture Resources

Neighboring the Yellow Sea in the east, and boasting a costal line extending 1,040 kilometers and extensive network of rivers and lakes, Jiangsu enjoys strong advantages in developing aquiculture. There are over 140 kinds of fresh water fishes, mainly carp and rice field eel, and over 150 kinds of sea fishes, mainly butterfish and ribbon fish. Besides, there is also a large quantity of shrimp and crab. Water plant is another important recourse in the province, like reed, lotus, water caltrop, etc.

Water Conservancy and Power Supply

Jiangsu is located within the reaches of the Yangtze River, the Huaihe River and Yishu River. Now, we have established a comprehensive water conservancy system combining the efforts of flood prevention, drought prevention and tide prevention. The total power consumption in year 2005 was 219.3 billion kilowatt-hours, and the installed units capacity of the power system was 42.7 million kilowatts.

Animal and Plant Resources

There are about 850 kinds of plants, and over 600 wild plants. There is a small quantity of wild animals, most of which are birds, like wild chicken and wild duck. The protected precious poultry, like red-crown crane, white crane and swan can be found in some coastal areas.

(iii)Important Data in Agriculture and Industry

Agriculture

In 2005, the crop planting covers a total area of 4,909.5 kilo-hectares with total crop output of 28.3 million ton. Cotton and oil bearing plants cover an area of 368.3 kilo-hectares and 846.9 kilohectares respectively, and vegetable planting covers 1,194.4 hectares. The total output of industry, building, transportation, whole sale and retail, trade and catering in rural areas accounted for over 90 percent of rural GDP.

Industry

The value-added of industry in 2005 was 932.6 billion yuan. State-owned sector, collective sector, private sector, shareholding sector and foreign-invested sector all achieved sound development.

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(iv) Business

Foreign Trade

Foreign Trade has increased steadily. In 2005 the total customs export-import volume in Jiangsu Province added up to 22,795.5 billion dollars with 122,299.4 billion dollars imports and 10,496.2 billion dollars exports. Exports consisted of 4,063.3 billion dollars general trade, 8,205.1 billion improvements trade and 8,402.3 billion dollars mechanical and electric products. While exports consisted of 2,567.2 billion dollars general trade, 6,487.4 billion dollars improvements trade and 7,247.5 billion dollars mechanical and electric products.

2005 Major Jiangsu Import and Export by Countries and Regions

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Foreign Investment

Foreign investment increased steadily in Jiangsu. In 2005, Jiangsu Province approved 5,108 foreign investment projects in total,the actual foreign capital reached 13.18 billion dollars. The total amount of foreign capital of Jiangsu reached 103 billion dollars by the end of 2005.

Cooperation

In 2005, with the total contract price of 3.31 billion dollars, Jiangsu Province actually gained 3.197 billion dollars by overseas projects and labor cooperation. 44,163 people were sent abroad in 2005, and 100,280 people were sent abroad in total. Many large and medium-sized enterprises of Jiangsu took over large construction objects in other countries, which could enhance enterprises' competitive strength.

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Proportion of Jiangsu Foreign Economic Turnover in China from year 2001 to year 2005

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Overseas Investment

In 2005, Jiangsu Province approved 163 overseas investment items. Chinese investment reached 205.04 billion dollars.

Jiangsu Provincial Overseas Investment and Development Situation from 2001 to 2005

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Internal Trade

In 2005, total retail sales of consumer goods of Jiangsu Province reached 569.989 billion yuan. In terms of the different industries, the total sales of wholesale and retail trade reached 501.609 billion yuan, the total sales of catering industry reached 58.309 billion yuan. There were 4,934 goods trade markets in Jiangsu, and 452 of them broke through the transaction value of 100 million yuan. The total sales reached 480.846 billion yuan.

Composition of Total Retail Sales of Consumer Goods in Jiangsu Province

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Doing Business in Jiangsu Province of China:I.Survey

Doing Business in Jiangsu Province of China:III.Investment

Doing Business in Jiangsu Province of China:IV.Development Zones
 
 

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