22 Feb 2017
Luoyang (Henan) City Information
|Major Economic Indicators (2015)|
|Land Area (km2)||15,208|
|GDP (RMB billion)||346.9|
|GDP Per Capita (RMB)||51,696|
|Retail Sales of Consumer Goods (RMB billion)||160.5|
|Utilised FDI (USD million)||2,553.7|
|Exports (USD million)||N.A.|
|Imports (USD million)||N.A.|
Source: Henan Statistical Yearbook 2016
Luoyang is located in the western region of the Henan province. It is designated as a regional hub in MOFCOM’s development plan (2015-2020) of distributive trade and logistics.
The city has a convenient railway network, including Longhai (from Lianyungang to Lanzhou) and Jiaozhi (from Jiaozhou to Zhicheng). Beijiao Airport offers scheduled domestic flights to Beijing, Shanghai, Guangzhou and Hong Kong.
Luoyang has the second largest industry sector in Henan after Zhengzhou. Industrial production accounted for 42% of the GDP in 2015 that comprised advanced manufacturing, electricity, alumnium and petrochemicals.
Major Industrial Parks / Development Zones
1. Luoyang High-tech Industrial Development Zone (state-level)
Target industries: Optical-mechanical-electronic integration, new materials
Major investors: Luoyang Bearing Science and Technology, North Glass, Luoyang Shangde Solar Cell, Sino-American Bio-technology, Luoyang Aviation Electrical Factory, Luoyang Hussmann, Jiaxing Venture Capital
2. Luoyang National Economic and Technical Development Zone (state-level)
Target industry: Electronic information