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Changzhi (Shanxi) City Information

Major Economic Indicators (2015)
Land Area (km2)13,864
Population (million)3.40
GDP (RMB billion)119.5
GDP Per Capita (RMB)35,029
GDP Composition
     Primary Industry4.9%
     Secondary Industry51.1%
     Industry47.3%
     Tertiary Industry44.0%
Retail Sales of Consumer Goods (RMB billion)52.4
Utilised FDI (USD million)451.2
Exports (USD million)32.5
Imports (USD million)124.8

Source: Shanxi Statistical Yearbook 2016


General Introduction

Changzhi is located in the southeast part of the Shanxi Province.

There are numerous highways and railways traversing the city, making it easily accessible. Changzhi Wangcun Airport provides daily flights to Beijing, Shanghai and Xi'an.

The industry sector accounted for 47% of the GDP in 2015. Due to its rich mineral reserves including iron ore, sulfur-iron ore, marble, aluminum and refractory clays, the city has established a cluster of coal mining and dressing, metallurgy, coking, electricity production and supply, raw chemicals and chemical industries. Shenzhen-listed Zhangze Power and Changgang Group are examples of major industrial enterprises in the city.

Major Industrial Park / Development Zone

Changzhi Hi-tech Industrial Development Area (state-level)

Target industries: Advanced manufacturing, new materials, pharmaceuticals

Major investors: Shanxi Kangbao Biological Product, Siemens, Philips

Website: www.czctp.gov.cn

 

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Content provided by Picture: HKTDC Research