22 Feb 2017
Nanyang (Henan) City Information
|Major Economic Indicators (2015)|
|Land Area (km2)||26,951|
|GDP (RMB billion)||286.7|
|GDP Per Capita (RMB)||28,653|
|Retail Sales of Consumer Goods (RMB billion)||157.0|
|Utilised FDI (USD million)||571.4|
|Exports (USD million)||N.A.|
|Imports (USD million)||N.A.|
Source: Henan Statistical Yearbook 2016
Nanyang is located in the southwestern part of the Henan Province. It is easily accessible by highways and railways that connect the city with Henan, Hubei, Sichuan and Shaanxi. Nanyang Airport offers regular flights to other major cities in China. Nanyang is designated as a regional hub in MOFCOM’s development plan (2015-2020) of distributive trade and logistics.
Nanyang is a major crops and cotton production base in Henan. The agricultural sector accounted for 18% of the GDP in 2015.
The industry sector accounted for 38% of the GDP in 2015. Textiles, non-metal products, chemicals, oil and natural gas exploitation, electrical energy and agricultural products processing are the pillar industries of the city.
Large companies including Xinye Textile, Nanyang Textile and CNPC Henan Oilfield Company have set up headquarters in the city. Foreign enterprises, like Sumitomo Group from Japan and Hutchison Whampoa from Hong Kong have also invested in the city.
Major Industrial Park / Development Zone
Nanyang High-Tech Industrial Development Zone (state-level)
Target industries: Electronic information, mechanical and electrical equipment, optics cold processing