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Profiles of China Provinces, Cities and Industrial Parks



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Content provided by :  China Knowledge
   
12 Sept 2011
Huangshi ( Hubei ) City Information

Major Economic Indicators (2010)

Land Area (km2) 4,583
Population (million) 2.6
GDP (RMB billion) 59.8
GDP Composition
Primary Industry 7.57%
Secondary Industry
(Industry & Contruction)		 52.55%
Tertiary Industry (Service) 39.88%
GDP Per Capita (RMB) 24,640
Unemployment Rate 4.25%
Fixed Asset Investment (RMB billion) 34.3
Utilized FDI (USD million) 277
Total Import & Export (USD million) 1,147
Export (USD million) 473
Import (USD million) 674
Sales of Consumer Goods (RMB billion) 25.6
Source Source: Huangshi Economic and Social Development Report 2009

   

 
Introduction
 

Huangshi is situated in the southeastern Hubei Province, on the middle reaches of the Yangtze River, the largest river in China. The city borders Wuhan, the provincial capital of Hubei Province, to the west, Ezhou to the north, Huanggang to the northeast, Xianning to the southwest, and Jiujiang of Jiangxi Province to the southeast. It enjoys a sub-tropical, continental climate, with four distinct seasons.

Huangshi is part of Wuhan City Cluster, which consists of 9 cities, Wuhan, Huangshi, Ezhou, Xiaogan, Huanggang, Xianning, Xiantao, Qianjiang and Tianmen. Wuhan City Cluster, approved by the National Development & Reform Commission as an experimental zone for energy saving and environmentally friendly projects in 2007, occupies less than one third of Hubei's total land area and contributed over 60% of Hubei Province's total GDP.

The city is rich in gold and iron ore reserves. Gold reserves and iron reserves in the city reach 125 tons and 274 million tons, respectively, both ranking first in Hubei. The railway and highway transportation in Huangshi is quite convenient. The Shanghai-Chengdu Highway and the Wuhan-Huangshi-Jiujiang Railway connect the city with Chengdu, Chongqing, Shanghai, Wuhan and other major domestic cities.
 
Economic Features
 
In 2009, Huangshi's GDP grew 10.7% from the previous year to RMB 59.8 billion, ranking seventh among the 13 prefecture and prefecture-level cities in the province.

Secondary industry, the largest contributor to the city’s economy, generated value-added output of RMB 31.4 billion in 2009, making up 52.55% of Huangshi's GDP. Value-added output from the service sector rose 10.8% to RMB 23.8 billion, accounting for 39.88% of the city's GDP, while that from the agricultural sector edged up 7% to RMB 4.5 billion, contributing 7.57% to the city's GDP.

Value-added industrial output generated by enterprises with designated size or above hit RMB 26.9 billion in 2009. Heavy industry holds a dominant position in the city's industrial sector. Value-added industrial output from heavy industrial and light industrial enterprises with designated size or above surged 8.9% and 31.67% to RMB 23.1 billion and RMB 3.8 billion, taking up 85.9% and 14.1% of the city's total, respectively.

Non-ferrous metallurgy, ferrous metallurgy, electricity, non-metal product processing are the pillar industries in Huangshi. The industrial output of the above industries amounted to RMB 20.1 billion, RMB 17 billion, RMB 6.5 billion and RMB 7.2 billion, respectively.

Huangshi is home to Daye Special Steel, Huaxin Cement, Mailyard and Donper. Daye Special Steel, established in 1993, listed in Shenzhen stock exchange. In the first half of 2010, the sales revenue and net profit of the company amounted to RMB 3.86 billion and RMB 293 million, respectively.

Huaxin Cement, a leading construction materials manufacturer in Hubei, was set up in 1907 and went public on the Shanghai Stock Exchange in 1993. In the first half of 2010, the sales revenue and net profit of the company amounted to RMB 3.26 billion and RMB 77.1 million, respectively.

In 2009, sales of consumer goods in Huangshi amounted to RMB 25.6 billion, increasing by 18.8% from a year earlier. However, the consumer market in Huangshi is still small when compared to other cities in Hubei province.

In 2009, the foreign trade value in Huangshi decreased 18.6% to US$1.15 billion, consisting of US$473 million in export value and US$674 million in import value. Compressors, textiles and non-ferrous products are the major export products from Huangshi.

The utilized FDI in the city exceeded US$277 million in 2009, representing an increment of 15.4% from a year earlier. Reliance Industrial from India and Carrefour from France have made major investments in the city.
 
Cultural Highlights
 

Huangshi has a long history of about 4,000 years. It was controlled by several different counties and shires until AD967, when Daye County was founded in the region. Huangshi became a prefecture-level city in 1959.

The city is famed for its splendid Chinese bronze culture. As early as during the Shang Dynasty, it became a major copper mining area along the Yangtze River. Tonglushan Ancient Copper Mining and Smelting Ruins, which were discovered in Huangshi in 1973, can be traced back to the Shang Dynasty.
 
Tourist Attraction
 

Huangshi’s tourist attractions include Huangshi National Mining Park, Xisai Mountain, Ci Lake and Tonglushan Ancient Copper Mining and Smelting Ruins. Huangshi National Mining Park was set up at Daye Iron Mine, which has a history of over 100 years. Various pieces of mining equipment from the Qing Dynasty to modern times are preserved there.

Gang Bing and Tang Fen (rice noodles in beef soup) are the most famous local dishes in Huangshi. Gang Bing is a kind of pancake made of flour, malt dust, sugar, white sesame, sweet-scented osmanthus and other ingredients. It is sweet and delicious.

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