welcome to guangxi. economic development in guangxi location: in the south of china land area: 230,...
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Economic Development in Guangxi
• Three Engines for DevelopmentChina’s Western Development ProgramChina’s Entry into WTOChina-Asean Free Trade Area
Economic Development in Guangxi
• GDP IN 2003:
¥ 273.3 billions, up 10.2%.
• GDP PER CAPITA IN 2003:
¥ 5,964, up 9.4%
• FIRST:SECOND:TERTIARY
23:37:40
Economic Development in Guangxi
• 2003 INVESTMENT IN FIXED ASSETS ¥ 98.7 billions, up 18.2%, the largest amount since 1949. the biggest increase since 1999.
• NEWLY LAUNCHED PROJECTS:
5,399 projects, of which 200 are key ones.
Economic Development in Guangxi
• FOREIGN TRADETrading Partners: up to 140 countries or regions.Accumulated Import and Export : $32 billionsAnnual Average Trade Volume: $2.5-3.5 billionsOne of the Top 3 in 12 western provinces
Economic Development in Guangxi
• FDI IN GUANGXIAccumulated FDI : $11 billions, the first place in 12 western provinces.FDI in 2003: $690 millions, up 11.6%,28 of Top 500 TNCs invested in Guangxi in 2003.INVESTMENT ROM OTHER PROVINCES :¥ 11 billions for 1700 projects.
Economic Development in Guangxi
• Industry Development A set of advantageous industries A good basics for industrial co-
operation.
Economic Development in Guangxi
• Electric Power IndustryA base for “ West to East Electricity Transfer
Program ”The installed capacity in 2003: 7,720 MegawattThe available capacity in 2010: 25,600 MegawattThe available capacity in 2020: 50,000 Megawatt
Economic Development in Guangxi
• Electric Power Industry
Longtan Hydropower Project, the 2nd largest in China
Economic Development in Guangxi
• Aluminum Industry Alumina :
800,000 tons/year Aluminum:
130,000 tons/year
Pingguo Aluminum Co.,Ltd
Economic Development in Guangxi
• Metallurgy IndustryIron&Steel Output in 2003:
2.5 millions tons/year
Iron&Steel Output in 2005:
5.0 millions tons/year
Economic Development in Guangxi
• Building Materials Industry Cement Output in 2003: 26.65 million tons
Economic Co-operation with Asean Countries
• The Most Convenient Gateway —by Land International Railway Networks :
linked with Pan-Asia Railway International Highway Networks:
linked with Pan-Asia Highway
Economic Co-operation with Asean Countries
• The Most Convenient Gateway —by Air
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Nanning-Hanoi 30 minutes
Guilin-Bangkok: 2 hours
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Economic Co-operation with Asean Countries
• The Most Convenient Gateway—by Sea
Seaports’ Capacity: 20 million tons/year
Fangcheng---haiphong 151 miles
Fangcheng---Bangkok 1439 miles
Fangcheng---Jakarta
1720 miles
Fangcheng---Singapore
1368 miles
Fangcheng--Manila
866 miles
Economic Co-operation with Asean Countries
• Asean: The Biggest Trading Partner of
GuangxiTrade Volume in 2003:
$830 millions, up 31.66%.
Economic Co-operation with Asean Countries
• Asean: The 2nd Biggest FDI Source
of Guangxi342 Investment Projects
Total Investment Amount:
$660 millions.
Economic Co-operation with Asean Countries
• Goods for Further Co-operation • Agricultural Goods, building materials,
minerals, textile and garments, home appliances, Chinese medicine, etc.
• Fields for Further Investment • Electricity Generation, Sugar Refinery,
Medicine making, Agriculture, Machinery, Tourism, Logistics, etc.
Economic Co-operation with Asean Countries
• A Much Brighter Future the
Co-operation Between Asean and Guangxi