Pingxiang ( Guangxi ) City Information
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Major Economic Indicators (2010)
| Land Area (km2) |
650 |
| Population (million) |
0.1 |
| GDP (RMB billion) |
52 |
| GDP Composition |
| Primary Industry |
8.1% |
Secondary Industry
(Industry & Contruction) |
63.3% |
| Tertiary Industry (Service) |
28.6% |
| GDP Per Capita (RMB) |
520,390 |
| Unemployment Rate |
2.6% |
| Fixed Asset Investment (RMB billion) |
66.78 |
| Utilized FDI (USD million) |
154 |
| Total Import & Export (USD million) |
453 |
| Export (USD million) |
448 |
| Import (USD million) |
5 |
| Sales of Consumer Goods (RMB billion) |
15.81 |
| Source |
Source: Pingxiang Economic and Social Development Report 2010 |
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| Introduction |
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Pingxiang City, which is located in the southwest of the Guangxi Zhuang Autonomous Region, shares a 97 km borderline with Vietnam. Pingxiang is 160 km away from Hanoi (the capital of Vietnam), and 180 km from Nanning (the capital city of Guangxi Zhuang Autonomous Region).
With two first-class national ports - Friendship Pass Land Port (a highway port) and Pingxiang Land Port (a railway port) - one second class port and five mutual border trade markets, Pingxiang is considered one of the most important and well-situated cities from which to travel to Vietnam and Southeast Asia by land.
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| Economic Features |
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In 2010, Pingxiang's GDP amounted to RMB52 billion - an increase of 14.3% year-on-year. The city's GDP per capita totaled RMB 520,390, rising 15.0% year-on-year. Within the same year, the total output of the city's secondary industry totaled RMB 32.95 billion - an increment of 14.2% from the previous year.
Major industries such as agricultural products processing, and electric and thermal power production and supply, had a realized value added output of RMB 49.4 million (a rise of 35.9% from 2006) and RMB 20.5 million (falling by 15.2% year-on-year) respectively.
Other industries such as beverage manufacturing, wood processing, chemical materials and chemical products manufacturing, and water production and supply had realized value-added industrial outputs of RMB 59.3 million, RMB 32.7 million, RMB 26.8 million and RMB 3.5 million, respectively.
In the recent years, foreign trade and tourism have also become Pingxiang's pillar industries. The city's total foreign trade in 2010 amounted to US$ 453 million. Within the same year, the total number of domestic tourists visiting Pingxiang reached 7.26 million, a rise of 26% from last year. Total domestic tourism income amounted to RMB 4696 million, an increase of 26.6% year-on-year.
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| Cultural Highlights |
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Since the Song Dynasty, Pingxiang has been an important port along the Silk Road in Southern China. The city also played an important role in Sino-Vietnamese border trade and defense in ancient times.
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| Tourist Attraction |
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Among all the ports of trade between China and Vietnam, the Friendship Pass in Pingxiang is the most important.
The pass was formerly named Zhennan (South Pacification) Pass, and was one of nine important passes in ancient China. It was there that the army of the Qing Dynasty won a great victory in the Sino-French War, and where Dr. Sun Yat-sen led an uprising against the Qing government. The historical value of the pass makes it a key attraction to tourists.
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| Major Development Zones |
By the end of 2010, there was one state-level development zone in Pingxiang, namely Pingxiang Border Economy Cooperative Area.
State-level Development Zone in Pingxiang
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| Name |
Pingxiang Border Economy Cooperative Area |
| Area (km²) |
7.2 |
| Pillar Industries |
Border trade, tourism, export processing, logistics |
| GDP in 2010 (RMB billion) |
N.A. (2009)
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| Source: Administration Committee of National Grade Development Zone Pingxiang Border Economy Cooperative Area |
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