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Anhui: Market Profile

Major Economic Indicators

Economic Indicators20172018
(%, y-o-y)
(%, y-o-y)
Gross Domestic Product (RMB bn)2,701.88.513,000.78.01
Per Capita GDP (RMB)43,4017.51
Added Value Output
   Primary industry (RMB bn)258.24.11263.8
   Secondary industry (RMB bn)1,283.88.211,384.28.51
   Tertiary industry (RMB bn)1,159.79.911,352.7
Value-added Industrial Output2 (RMB bn)9.019.31
Fixed-assets Investment (RMB bn)2,918.611.0
Retail Sales (RMB bn)1,084.211.91,210.011.6
Inflation (Consumer Price Index, %)1.22.0
Exports (US$ bn)30.487.2
   By foreign-invested enterprises (US$ bn)9.2019.3
Imports (US$ bn)23.1545.0
   By foreign-invested enterprises (US$ bn)7.7842.5
Utilised Foreign Direct Investment (US$ bn)15.97.6

Notes:  1 In real terms  2 For all state-owned enterprises and other forms with annual sales over RMB20 million 
Sources: Anhui Statistical Yearbook 2018, Anhui Statistical Bureau, China’s Customs Statistics 12.2017 and 12.2018

General Background

Anhui has a total area of 139,427 sq km. Total population stood at 62.55 million in 2017. It lies in the hinterland of Yangtze River Delta. Among many rivers and lakes in Anhui, Chaohu Lake (巢湖) is one of the five great freshwater lakes in China, with an area of 800 sq km.

The land in Anhui Province is very fertile and suitable for various kinds of crops. The province is also rich in mineral resources. There are 138 kinds of minerals which have already been identified. Among them, 38 kinds rank the top 10 in the whole country, and coal, iron, copper, sulphur and alunite are regarded as the five major minerals.


The tertiary sector has replaced the primary to be the 2nd largest industry. In terms of composition of the tertiary industry, “wholesale& retail trade”, “financial intermediation”, “real estate” and “leasing and business services” are the leading sectors, accounting for 16.5%, 14.3%, 12.0% and 10.1% respectively of the tertiary value-added in 2017.

Composition of GDP (%)


Source: Anhui Statistical Yearbook 2018

Anhui’s industry is dominated by heavy industry, which accounted for 67% of the revenue from principal business in 2017.

Value-added Share of Leading Industry Groups (2017)

% share of total revenue from principal business
Electrical equipment and machinery11.8
Smelting and processing of non-ferrous metals7.3
Processing of food from agriculture products6.5
Non-metal mineral products6.1
Raw chemical materials and chemical products
General purpose machinery4.9
Smelting and processing of ferrous metals4.6

Notes: All state-owned enterprises and other forms with annual sales over RMB20 million
Source: Anhui Statistical Yearbook 2018


Anhui has abundant tourism resources. It has 10 state-level scenic spots, including Yellow Mountain (黃山), Jiuhua Mountain (九華山), Tianzhu Mountain (天柱山), Langya Mountain (琅玡山), etc. There are not only beautiful natural sceneries, but also cultural relics relating to Buddhism (佛教) and Taoism (道教). The local Hui culture (徽文化) are time-honoured.

In 2017, Anhui received 626 million (+19.8%) domestic tourists with tourism receipts of RMB600 billion (+26%). It also attracted 5.5 million (+13.1%) overseas tourists with foreign exchange revenue of US$2.88 billion (+13.3%).

Foreign Trade

Major exports included special purpose and electrical machinery, motor vehicles, textiles, iron & steel and rubber products. Major imports were metal ore & metal waste material and industrial machinery.

Major export markets in 2017 included the US, India, Hong Kong, Japan and Vietnam. In 2017, exports to Hong Kong accounted for 5% of Anhui’s total exports. In 2017, major import sources included Japan, Chile, US and Australia.

Foreign Investment

In recent years, Anhui has performed well in attracting FDI. In 2017, FDI mainly went to the manufacturing and real estate sectors, accounting for 52% and 19% of the total utilised FDI respectively.


Chart: Utilised FDI of Anhui
Chart: Utilised FDI of Anhui

Hong Kong is the largest source of foreign direct investment in Anhui. In 2017, the utilised FDI from Hong Kong amounted to US$9.6 billion (60.6% of the total). Other major investors in 2017 included Taiwan, Japan and the US.

Consumer Market

In 2017, annual per capita disposal income of urban households reached RMB31,640 (+8.5%). Increasing income transforms the consumer expenditure structure with a smaller share on food but a bigger share on services. The retail landscape is also changing with the uprising of various forms of chain stores, supermarkets, hypermarkets and convenience stores. Major retial operators include Gome, Walmart and Carrefour. Joy Mart (合家福) is one of the successful local operators.

Composition of Per Capita Expenditure of Urban Household (%)

Household articles7.15.8
Medicine & medical services4.36.1
Transportation & communications7.314.0
Recreation, cultural & education12.011.4

Source: Anhui Statistical Yearbook 2018


Economic Indicators of Major Cities (2017)

(RMB bn)
Per Capita GDP
Industrial enterprises revenue from principal business *
(RMB bn)
Retail Sales
(RMB bn)

(US$ bn)
Hefei (合肥) 700.388,456869.2272.914.6
Wuhu (蕪湖) 296.380,458598.693.14.1
Anqing (安慶) 170.936,928289.876.41.1
Maanshan (馬鞍山) 171.074,709298.552.91.6

* For all state-owned enterprises and other forms with annual sales over RMB20 million
Source: Anhui Statistical Yearbook 2018

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