Major Economic Indicators
| Economic Indicators |
2010 |
Jan - Sep 2011 |
| Value |
Growth (%, y-o-y) |
Value |
Growth (%, y-o-y) |
| Gross Domestic Product (RMB bn) |
1,036.9 |
12.7 1 |
783.6 |
12.4 1 |
| Per Capita GDP |
27,076 |
12.6 1 |
|
|
| Added Value Output |
|
|
|
|
| - Primary industry (RMB bn) |
130.3 |
6.2 1 |
48.1 |
5.8 1 |
| - Secondary industry (RMB bn) |
520.4 |
14.5 1 |
448.6 |
12.9 1 |
| - Tertiary industry (RMB bn) |
386.2 |
11.8 1 |
286.9 |
12.6 1 |
| Value-added Industrial Output 2 (RMB bn) |
400.4 |
15.2 1 |
346.3 |
13.6 1 |
| Fixed-assets Investment (RMB bn) |
680.2 |
35.3 |
391.4 |
33.0 |
| Retail Sales (RMB bn) |
403.9 |
18.7 |
330.1 |
17.5 |
| Inflation (Consumer Price Index, %) |
|
3.9 |
|
6.2 |
| Exports (US$ mn) |
16,282 |
61.5 |
15,052 |
28.8 |
| - By FIEs (US$ mn) |
699 |
41.7 |
552 |
8.2 |
| Imports (US$ mn) |
9,222 |
50.0 |
14,333 |
112.5 |
| - By FIEs (US$ mn) |
414 |
42.4 |
356 |
17.2 |
| Utilized Foreign Direct Investment (US$ mn) |
2,662 |
12.7 |
2,300 |
42.9 |
Notes: 1 In real terms 2 For all state-owned enterprises and other forms with annual sales over RMB 5 million
Sources: Heilongjiang Statistical Yearbook 2011, China’s Customs Statistics,12.2010, 9.2011
General Background
Heilongjiang – abbreviated as Hei(黑)– is situated in China’s northeast corner just next to the far-east region of Russia, with an adjoining border of over 3,000 kilometers. Heilongjiang has a total area of 454,000 sq. km. Total resident population stood at 38.3 million in 2010. Harbin is the provincial capital and other major cities include Qiqihar, Daqing and Mudanjiang.
The province’s deposits of gold and graphite are among the largest in China. Other significant mineral and metal deposits include silver, copper, lead, aluminum, tungsten, zinc, molybdenum, crude oil, coal, wood, soda, quartz, marble and mica. The province also ranks first in the production of petroleum which is mainly found in Daqing Oilfield, the oldest and largest oilfield of China. In 2010, production of crude oil in the Daqing Oilfield was 40 million tones, remaining the first in China.
In recent years, plans are underway to improve the infrastructure for border trade as Heilongjiang’s importance is set to be enhanced as Sino-Russian relationship and cooperation strengthen.
Industries
Owing to its fertile soil and unpolluted black earth fields, Heilongjiang is one of the most important grain production bases in China, with a total farmland area of 11.5 million hectares. Heilongjiang has 4.3 million hectares of grassland, making it an important area for animal husbandry in China. Green food industry has been developing rapidly in Heilongjiang. Major green food products are milk, rice and soy bean products.
Composition of GDP (%)
| |
2000 |
2010 |
| Primary |
12.2 |
12.6 |
| Secondary |
55.0 |
50.2 |
| Industry |
49.7 |
44.4 |
| Service |
32.9 |
37.2 |
Source: Heilongjiang Statistical Yearbook, 2011
In line with the central government’s policy in revitalizing the Northeast old industrial bases, Heilongjiang is now restructuring its four pillar industries, namely equipment manufacturing, petrochemical, food processing, energy. The gross industrial output of the four pillar industries amounted to RMB845.5 billion in 2010, grew by 35%, accounting for 85% of the total gross industrial output. Among these four pillar industries, the output of the equipment manufacturing grew by 23.7% in 2010, petrochemical grew by 37.4%, energy up 32.4% and food processing surged by 48.6%.
Major Industry Groups (2009)
| |
Share of gross Industrial output (%) |
| Processing of agricultural products |
12.6 |
| Extraction of petroleum and natural gas |
16.9 |
| Processing of petroleum, coking |
13.2 |
| Manufacture and processing of food and beverages |
6.4 |
| Manufacture of general purpose machinery |
4.7 |
| Manufacture of transport equipment |
4.0 |
| Manufacturing of special purpose machinery |
3.4 |
| Smelting and pressing of ferrous metals |
2.8 |
Source: Heilongjiang Statistical Yearbook 2011
State-owned industrial enterprises still play an important role in the province’s industrial development. In 2010, 11.2% of industrial enterprises in Heilongjiang were state-owned and state-holding, but they accounted for 57.9% of the total gross industrial output value.
Tourism
Heilongjiang has abundant and unique tourist resources with clear seasonal distinction, such as Yabuli skiing site(亞布力滑雪場), Wudalianchi(五大連池), Jingpohu(鏡泊湖). It is reputed as the “cool province” in china, and becomes a renowned tourist attraction, both in summer or winter.
In 2010, the number of domestic tourists reached 157 million (+44.8%), with tourism receipts of RMB83.2 billion (+37.3%). The number of overseas tourists reached 1.65 million (+22.1%), with the foreign exchange revenue of US$763 million (+19.4%).
Foreign Trade
Because of geographical proximity, Heilongjiang’s trade tie with Russia is strong. Border trade amounted to US$5,018 million in 2010, or 19.7% of the province’s total trade. The annual trade fair in Harbin is well established. Trade with Russia amounted to US$7.5 billion in 2010, 29.3% of total trade. Japan, the US, South Korea and Germany were other major trading partners.
Major export goods included garments, clothing accessories, mechanical and electrical products, footwear, yarns, fabrics, cereals and cereals flour, etc. Its exports to Hong Kong stood at US$314 million in 2010.
Major imports included mechanical and electrical products, logs, crude oil, paper pulp, plastic in primary form, and manufactured fertilizers etc.
Compared with other provinces in the coastal regions, Heilongjiang’s foreign trade is less reliant on foreign-invested enterprises: FIEs only accounted for 4.3% of the total exports and 4.5% of the total imports in 2010.
Foreign Direct Investment
Sectors that received the largest share of utilized direct foreign investments included manufacturing (57.6% of the total value), production and distribution of electricity, gas and water (11.6%), real estates (8.2%) in 2010.
In 2010, Hong Kong is Heilongjiang’s largest source of foreign investment. Hong Kong actually invested a total of US$974.7 million, accounting for 36.6% of the total utilized FDI.
Consumer Market
In 2009, annual per capita disposable income of urban households was RMB13,857 (+10.3%). Major consumer markets are located in Harbin and Daqing. Heilongjiang also acts as a gateway for consumer products to enter the markets of Russia and the Inner Mongolia Autonomous Region.
Composition of Per Capita Expenditure of Urban Households (%)
| |
2000 |
2010 |
| Food |
38.4 |
35.4 |
| Clothing |
13.3 |
15.1 |
| Household articles |
5.9 |
5.8 |
| Medicine & medical services |
8.9 |
8.9 |
| Transportation & communications |
7.6 |
11.2 |
| Recreation, cultural & education |
12.0 |
9.4 |
| Residence |
4.4 |
10.6 |
Source: Heilongjiang Statistical Yearbook, 2011
Major department stores and shopping centres in Heilongjiang include Heilongjiang Daqing Department Store, Harbin Qiulin Co. Ltd., Harbin Central Commercial City and Harbin Department Store. Large retailers come from outside include Carrefour from France, Walmart from the US, Metro from Germany and Gome from Beijing etc.
Economic Indicators of Major Cities (2010)
| Cities |
GDP (RMB bn) |
GDP Per Capita (RMB) |
Gross Industrial Output* (RMB bn) |
Retail Sales (RMB bn) |
| Harbin 哈爾濱 |
366.5 |
36,951 |
203.6 |
177.0 |
| Daqing 大慶 |
290.0 |
103,576 |
328.8 |
59.1 |
| Qiqihar 齊齊哈爾 |
80.1 |
16,309 |
83.2 |
35.7 |
| Suihua 綏化 |
73.3 |
12,576 |
32.7 |
25.1 |
| Mudanjiang 牡丹江 |
76.5 |
27,545 |
44.6 |
26.6 |
* For all state-owned and other forms of enterprises with annual sales over RMB 5 million
Source: Heilongjiang Statistical Yearbook, 2011