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Profiles of China Provinces, Cities and Industrial Parks



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Content provided by :  China Knowledge
   
5 Sept 2011
Laiwu ( Shandong ) City Information

Major Economic Indicators (2010)

Land Area (km2) 2,246
Population (million) 1.3
GDP (RMB billion) 54.63
GDP Composition
Primary Industry 7.1%
Secondary Industry
(Industry & Contruction)		 60.4%
Tertiary Industry (Service) 32.5%
GDP Per Capita (RMB) 42,367
Unemployment Rate 2.85%
Fixed Asset Investment (RMB billion) 32.14
Utilized FDI (USD million) 97.7
Total Import & Export (USD million) 2,650
Export (USD million) 1,030
Import (USD million) 1,620
Sales of Consumer Goods (RMB billion) 18.21
Source Source: Laiwu Economic and Social Development Report 2010

 

 
Introduction
 

Laiwu, lying in central Shandong Province, is adjacent to Zibo to the east, Tai'an to the south, Mount Tai to the west and the provincial capital Jinan to the north. The city is situated in the upper reaches of the Dawen River. Enjoying a temperate monsoon climate, it has four distinct seasons.

The transportation in Laiwu is convenient. The Bolai Highway, the Tailai Highway and the Laixin Highway are connected with the Jinan-Qingdao Highway, the Bejing-Fuzhou Highway and the Beijing-Shanghai Highway, respectively, making Laiwu easily accessible from other major cities in mainland China. The Xingtai Railway and the Cilai Railway run across the city, linking it with other cities in Shandong Province.

Laiwu has plentiful natural resources, such as fresh water and minerals. It is rich in iron ore, gold, copper and lime. Over 450 species of Chinese traditional herbal medicines have been found in the city’s lands.
 
Economic Features
 
In 2010, GDP of Laiwu paced up 12% year on year to RMB 54.63 billion, making Laiwu the smallest economy in Shandong Province. As the largest contributor to the GDP, the secondary industry generated value-added output of RMB 30.02 billion, accounting for 60.4% of the city's GDP.

The value-added industrial output from heavy industry grew 14.15% year on year to RMB 33.79 billion, while that from light industry rose 12.43% year on year to RMB 3.54 billion in 2010. Heavy industry and light industry contributed 90.6% and 9.4% to the city's total industrial value-added output, respectively.

Laiwu's major industries are steel and iron, metallurgy, pharmaceuticals, food processing, textiles, construction materials and petrochemicals. The steel and iron industry has value-added industrial output of RMB 23.11 billion, up 14.75% year on year. The major industrial enterprises in the city include Laigang Group, Taishan Steel and Iron Group and Wanxing Group.

Laigang Group, a leading steel and iron producer and supplier in China, was set up in 1970 in Laiwu. In 2009, the net profits of the company rose sharply of 116.4% to RMB 240 million. The group has produced iron of 4.94 million tons and steel of 5.93 million tons.

Taishan Steel and Iron Group is specializing in steel and iron processing. Its businesses also cover energy supply, equipment manufacturing and trade. In 2009, the sales revenue of the company has exceeded RMN 20 billion.

The city's foreign trade value increased 68.3% year on year to US$2.65 billion, including US$1.03 billion in export value and US$1.62 billion in import value. The exports of steel products, and textile and garments increased by 169.94% and 36.51% respectively. Agricultural products export has increased sharply of 72.78% to US$564 million.
 
In 2010, the utilized FDI in Laiwu topped US$97.70 million, reflecting a year-on-year increase of 10.1%.
 
Cultural Highlights
 

Laiwu's history dates back to the Spring-and-Autumn Period (770BC-403BC), when it belonged to the Mu Kingdom and to Yingyi and Pingzhou. During the Qin Dynasty (221BC-206BC), Ying County was set up in the region. During the Western Han Dynasty (206BC-AD24), Laiwu County was set in the northeast part of Mu County, as it was located in the Laiwu Valley. In AD 704, the Tang emperor established Laiwu County in the old town of Yingxian. In 1941, Laiwu was combined with Boshan, Qiyuan and part of Xintai into Laiwu County, Laidong County and Lainan County. Laiwu County became a county-level city in 1983 and into a prefecture-level city in 1992.
 
Tourist Attraction
 

The hottest tourist destinations in Laiwu are Huashan Mountain National Forest Park, Lotus Mountain Scenic Spot, Qilu Grand Canyon Scenic Spot and Xueye Three Gorges Scenic Spot. Huashan Mountain National Forest Park, consisting of the White Dragon Pond Scenic Spot, Big Boat Yard Scenic Spot and Yongninggu Scenic Spot, features cragged hills, deep valleys, and thick forests with abundant species of trees, such as pine, cypress and oak. Qilu Grand Canyon Scenic Spot, including Panggan Zoological Tourist Scenic Spot, Wangshimen “Family in the Heaven” Scenic Spot, Black Dragon Pond Scenic Spot and Dulu Woods Plain Scenic Spot, is surrounded by mountains and contains diverse trees and flowers.

The most characteristic local dishes include Jin's Mutton Soup, Laiwu Sausage, Laiwu Three Spicy Food (ginger, garlic and green Chinese onion are the main seasonings), and Snowing Night Fish Banquet. The Snowing Night Fish Banquet uses freshwater fish such as crucian, chub and carp as the major ingredients and applies different cooking techniques, such as frying, stewing and baking.
 
Honors
 

Advanced City in the National City Civilization Construction (2009)
-Central Committee of Civilization of P.R. China

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