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Hengyang (Hunan) City Information

Major Economic Indicators (2015)
Land Area (km2)15,310
Population (million)7.34
GDP (RMB billion)260.2
GDP Per Capita (RMB)35,538
GDP Composition
     Primary Industry15.2%
     Secondary Industry44.6%
     Industry38.7%
     Tertiary Industry40.2%
Retail Sales of Consumer Goods (RMB billion)100.9
Utilised FDI (USD million)1,030.1
Exports (USD million)2,012.9
Imports (USD million)1,120.3

Source: Hunan Statistical Yearbook 2016


General Introduction

Hengyang is seated in the central-southern part of the Hunan Province, it is designated as a regional hub in MOFCOM’s development plan (2015-2020) of distributive trade and logistics. There are numerous highways and railways connecting Hengyang to other major cities in China, such as Beijing, Guangzhou, Zhuhai and Kunming.

Hengyang has rich mineral resources, particularly lead, zinc, copper and kaolin. It is therefore reputed as a "Town of Non-ferrous Metal" and a "Town of Non-metal Mineral Resources".

Hengyang has a rather large industry sector that accounted for 39% of the GDP in 2015. Major industries include metallurgy, coal mining and dressing, construction materials, pharmaceuticals, agricultural products processing and textiles.

Large industrial enterprises, including Qinghua Ziguang Guhan Biological Pharmacy, Hengyang Valin Steel Tube and Gold Fruit, have set up production lines in Henyang.

 

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Content provided by Picture: HKTDC Research