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Baotou (Inner Mongolia) City Information

Major Economic Indicators (2015)
Land Area (km2)27,768
Population (million)2.83
GDP (RMB billion)372.2
GDP Per Capita (RMB)132,253
GDP Composition
     Primary Industry2.7%
     Secondary Industry48.4%
     Industry42.5%
     Tertiary Industry48.9%
Retail Sales of Consumer Goods (RMB billion)127.7
Exports (USD million)888
Imports (USD million)665

Source: Inner Mongolia Statistical Yearbook 2016


General Introduction

Baotou is the largest industrial city in the Inner Mongolia Autonomous Region. As Baotou is rich in mineral resources, especially in metal minerals, it is dubbed the “rare earth capital in China”.

Baotou has an effective transportation network and is designated as a regional hub in MOFCOM’s development plan (2015-2020) of distributive trade and logistics. Baotou airport offers flights to many cities in China. A number of railways and highways including Baotou to Lanzhou and Beijing to Baotou railways intersect in the city.

Baotou is the second largest economy of the Autonomous Region. The industrial sector is the largest contributor to the city’s economy which made up 43% of the GDP in 2015. The city's five pillar industries are iron and steel, aluminum, equipment manufacturing, electricity and rare earth. Additionally, new industries such as stainless steel, aluminum deep processing, heavy trucks manufacturing and wind power equipment-manufacturing have developed rapidly in the city.

Major Industrial Park/Development Zone

Baotou National Rare-Earth High-Tech Industrial Development zone

Target industries: Rare earth metals, aluminum processing, copper smelting and processing, chemicals, motors and machinery engineering, silicon processing

Major investors: Shenhua Group, King Deer Group, Xinjiang Goldwind Sci. & Tech. Co. Ltd., Zhonghang Huiteng Wind Power Equipment Co. Ltd.

 

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Content provided by Picture: HKTDC Research