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Baoding (Hebei) City Information

Major Economic Indicators (2015)
Land Area (km2)22,159
Population (million)11.6
GDP (RMB billion)300.1
GDP Per Capita (RMB)29,067
GDP Composition
     Primary Industry13.1%
     Secondary Industry50.0%
     Industry41.0%
     Tertiary Industry37.0%
Retail Sales of Consumer Goods (RMB billion)165.3
Utilised FDI (USD million)434.7
Exports (USD million)3,130
Imports (USD million)1,320

Source: Hebei Economic Yearbook 2016


General Introduction

Baoding is located in the middle of the Hebei Province, it can be easily reached by three expressways and a railway, connecting it with other domestic cities. Baoding is designated as a regional hub in MOFCOM’s development plan (2015-2020) of distributive trade and logistics.

Automobile is a dominant industry in Baoding. The city has a plan to develop into a light vehicle manufacturing base in North China and become one of the nation's twelve automobile and auto parts export bases.

Baoding is also a national new energy and power equipment manufacturing base, including more than 160 companies engaged in the renewable energy sector. Other major industries in the city include electronics and textiles. The whole industry sector accounted for 41% of the GDP in 2015.

Major Industrial Park / Development Zone

Baoding High-tech Industrial Development Zone (state-level)

Target industries: New energy, power equipment manufacturing, software, food processing

Major investors: Yingli Solar, Zhong Hang Huiteng Corp, Mitsubishi, San Miguel

Website: www.bdgxq.gov.cn/wai

 

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Content provided by Picture: HKTDC Research