11 Oct 2016
Sanming (Fujian) City Information
|Major Economic Indicators (2015)|
|Land Area (km2)||22,930|
|GDP (RMB billion)||171.3|
|GDP Per Capita (RMB)||67,978|
|Retail Sales of Consumer Goods (RMB billion)||44.4|
|Utilised FDI (USD million)||156.4|
|Exports (USD million)||1,895.5|
|Imports (USD million)||215.1|
Source: Fujian Statistical Yearbook 2016
Sanming is in the western part of the Fujian province.
The Sanming airport started operation in March 2016, offering flight services to major mainland cities including Beijing, Shanghai, Guangzhou, Shenzhen, Chengdu and Shengyang.
Sanming is hilly and mountainous, with forests covering 77% of the city's lands. The timber reserve is about 115 million cubic meters, about one third of Fujian's total. This favours the development of the forestry and timber industry in the city.
The industry sector accounted for 41% of Sanming’s GDP in 2015. Apart from forest products processing, major industries in Sanming include metallurgy, machinery manufacturing, mining and pharmaceuticals.
Sanming is home to many large enterprises, such as Fujian Sangang Group which has 14 fully-owned subsidiaries in mainland China. Fujian Yong An Coal Industrial Co Ltd, a subsidiary under Fujian Coal Industrial (Group) Co Ltd, is a large coal miner in Fujian Province. Meadwestvaco (MWV), the US-based paper making giant, has also invested in a joint venture with Songchuan Chemicals in Sanming.