17 Oct 2016
Pingxiang (Jiangxi) City Information
|Major Economic Indicators (2015)|
|Land Area (km2)||3,827|
|GDP (RMB billion)||91.2|
|GDP Per Capita (RMB)||48,133|
|Retail Sales of Consumer Goods (RMB billion)||30.5|
|Utilised FDI (USD million)||307.6|
|Exports (USD million)||1,253.3|
|Imports (USD million)||12.7|
Source: Jiangxi Statistical Yearbook 2016
Pingxiang is situated in the western part of the Jiangxi Province. The Zhegan Railway, State Highway 319, State Highway 320 and Hurui Highway run through the city, making it easily accessible.
Pingxiang is rich in mineral resources, particularly coal and iron.
The industry sector contributes the most significant part to Pingxiang’s economy, accounting for 51% of the GDP in 2015. Due to its abundant mineral resources, coal mining and dressing and metallurgy have been the major industries in the city. Other major industries include construction materials, machinery, pharmaceuticals and agricultural products processing.
Many large industrial enterprises, such as Pingxiang Mining Group, Jiangxi Wuguan Industrial Group and Jiangxi Wuguan New Materials, are attracted to set up headquarters in Pingxiang.
Major Industrial Park / Development Zone
Pingxia National Economic and Technological Development Zone (state-level)
Target industries: New energy, auto and auto parts, biomedical and food, metals and non-metal manufacturing, new materials