7 Feb 2017
Altay (Xinjiang) City Information
|Major Economic Indicators (2015)|
|Land Area (km2)||117,699|
|GDP (RMB billion)||22.2|
|GDP Per Capita (RMB)||34,996|
|Retail Sales of Consumer Goods (RMB billion)||6.1|
|Utilised FDI (USD million)||14.18|
|Exports (USD million)||792.7|
|Imports (USD million)||73.8|
Source: Xinjiang Statistical Yearbook 2016
Altay Prefecture is located in the northern part of the Xinjiang Uygur Autonomous Region. Altay is rich in natural resources, such as precious stones and rare metals.
Transportation mainly relies on highways and air. There are highways connecting Altay with surrounding scenery spots and prefecture level cities. Altay Airport operates daily flights to Urumqi, the capital of Xinjiang.
Agricultural sector accounted for 21% of the GDP in 2015. Major products are grains such as wheat.
Industry accounted for 24% of the GDP in 2015. Due to the abundant mineral resources, mining is the pillar industry which include crude oil mining, iron mining and copper mining.