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Luoyang (Henan) City Information

Major Economic Indicators (2015)
Land Area (km2)15,208
Population (million)6.74
GDP (RMB billion)346.9
GDP Per Capita (RMB)51,696
GDP Composition
     Primary Industry6.8%
     Secondary Industry48.9%
     Industry41.8%
     Tertiary Industry44.3%
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


General Introduction

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

Website: www.lhdz.gov.cn

2. Luoyang National Economic and Technical Development Zone (state-level)

Target industry: Electronic information

Website: www.hnlykfq.gov.cn

 

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Content provided by Picture: HKTDC Research