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Profiles of China Provinces, Cities and Industrial Parks



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Content provided by :  China Knowledge
   
12 Sept 2011
Yingtan ( Jiangxi ) City Information

Major Economic Indicators (2010)

Land Area (km2) 3,554
Population (million) 1.1
GDP (RMB billion) 34.27
GDP Composition
Primary Industry 9.6%
Secondary Industry
(Industry & Contruction)		 63.2%
Tertiary Industry (Service) 27.2%
GDP Per Capita (RMB) 31,154
Unemployment Rate 3.5%
Fixed Asset Investment (RMB billion) 24.19
Utilized FDI (USD million) 120
Total Import & Export (USD million) 3,820
Export (USD million) 363
Import (USD million) 3,460
Sales of Consumer Goods (RMB billion) 8.66
Source Source: Yingtan Economic and Social Development Report 2010

   

 
Introduction
 

Yingtan is seated in the northeastern part of Jiangxi Province, in the middle and lower reaches of the Xinjiang River. Located at the juncture of Jiangxi Province and Fujian Province, it borders Shangrao to the north and east, Fuzhou to the west and south and Nanping of Fujian Province to the southeast.

It covers an area of 3,554 sq km and has a population of 1.1 million. Situated in an area with low mountains and hills in Jiangxi Province, Yingtan has a subtropical temperate, humid monsoon climate and an average temperature around 18℃. The city enjoys a well-established transportation infrastructure, as the Zhegan Railway (which links Zhejiang and Jiangxi), the Wangan Railway (which connects Anhui with Jiangxi) and the Yingtan Railway intersect there, and since State Highway 320 and 206 go through the city. It takes merely 1.5 hours to drive from Yingtan to the provincial capital, Nanchang, 4 hours to drive to Hangzhou and 5.5 hours to drive to China's economic and financial hub, Shanghai.

The city is rich in mineral resources, such as granite, copper, silver, rare earth elements and lead. The city is a major copper production base for Jiangxi. Jiangxi Copper, located in Guixi of Yingtan City, is the largest copper manufacturer in China.
 
Economic Features
 
Yingtan's economy is the smallest in Jiangxi Province in terms of GDP in 2009. The city's GDP paced up 14.1% from the previous year to RMB 34.27 billion in 2010, ranking the last among the 11 prefecture-level cities in Jiangxi Province.

The secondary sector, generating value-added output of RMB 21.65 billion in 2010, is the largest contributor to the city's economy. The value-added output from the service sector grew 15.4% from 2009 to RMB 9.34 billion in 2010, making up 27.2% of the city's GDP, while that from the agricultural sector rose 5.1% year on year to RMB 3.28 billion, contributing 9.6% to the city's GDP. The private sector has value-added output of RMB 15.92 billion, up 16.5% year on year, accounting for 46.5% of the city's GDP.

The three province-level industrial parks, namely Yingtan Industrial Park, Guixi Industrial Park and Yujiang Industrial Park, play a vital role in the city's economic development. In 2010, the three parks gained RMB 8.12 billion in value-added industrial output, accounting for 43% of the city's total.

In 2010, value-added industrial output of the city rose 14.8% to RMB 20.5 billion. Heavy industry and light industry rose 18.8% and 38.3% year on year, respectively. Copper smelting and processing, electricity production and supply, metallurgy, pharmaceuticals, raw chemicals and chemical products, pharmaceuticals and construction materials are the major industries in Yingtan. The city is home to Jiangxi Copper, the largest copper producer in China.

Jiangxi Copper was set up in 1979 and specializes in the production of copper, sulfuric chemicals, silver and gold. It owns Dexing Copper Mine, the largest strip mine in China. In the first half of 2010, the sales revenue and net profit of the group rose 75.95% and 76.74% year on year to RMB 37.57 billion and RMB 2.12 billion.

With a rapid economic growth, Yingtan attracted investments from large domestic enterprises, such as Mengna Corp and Ningbo Copper Group. Zhejiang-based Mengna Corp is a leading sock manufacturer in China. It inaugurated a factory in Yingtan in 2005 with investments of RMB 360 million.

The consumer market in Yingtan is the smallest one in Jiangxi Province. The sales of consumer goods increased 19.4% year on year to RMB 8.66 billion in 2010. In 2010, more than 6.6 million tourists have visited the city, while the tourism income amounted to RMB 4.5 billion, accounting for 48.17% of total value-added output of the service sector.. Logistic is also a fast growing industry. By the end of 2010, there are 186 logistic firms in the city, 71 firms more than 2009. The operating revenue rose 137.5% to RMB 5.51 billion in 2010.

The foreign trade value in Yingtan increased 78.2% year on year to US$3.82 billion, ranking the third after Nanchang and Xinyu in Jiangxi Province. The import value increased 77% to US$3.46 billion, ranking first in Jiangxi. The export value reached US$363million, up 90.8% year on year. Copper and copper products, raw chemicals and equipment are the major export products from Yingtan. The utilized FDI in Yingtan stood at US$120 million in 2010, up 8.1% year on year.
 
Cultural Highlights
 

Yingtan enjoys a long history and diverse cultures. As early as in Shang Dynasty (1600-1100BC), Yingtan was a pottery production base. It was governed by Yuhan County from the Qin Dynasty (221-206BC) to the Han Dynasty (206BC-24AD). The territory was named YIngtan during the Qing Dynasty (AD1644-1911). Longhu Mountain, 20 km south of Yingtan, is considered a birthplace of Taoism. Lu Liuyuan, a great Chinese philosopher during the Southern Song Dynasty (AD1127-1279), opened Xiangshan Academy in Yingtan.
 
Tourist Attraction
 

Yingtan is rich in tourism resources, of which the most well-known is the Longhu Mountain Scenic Spot. Longhu Mountain, a birthplace of Taoism, is the site of many mountainside temples. It is famous for cliff-hanging coffins, the Luxi River and Danxia landform scenery.

Other famous scenic spots in the city include Shangqing Ancient Village and Fairy Water Rock. Shangqing Ancient Village, built along the river, has a history of over 1,000 years. The 2-km-long ancient street is home to a large number of historical landmarks, such as Shangqing Palace and the Mansion of the Celestial Master.

Guixi Na Cai, Dried Egg Plant and Shangqing Tofu are the most popular local snacks in the city. Gui Xi Na Cai, originating from Longhu Mountain, is made of mustard, garlic, ginger, chili, sugar and other ingredients. It can also be cooked with fish, duck meat and noodles.

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