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Xiangtan (Hunan) City Information

Major Economic Indicators (2015)
Land Area (km2)5,015
Population (million)2.82
GDP (RMB billion)170.3
GDP Per Capita (RMB)60,430
GDP Composition
     Primary Industry8.3%
     Secondary Industry54.8%
     Tertiary Industry36.9%
Retail Sales of Consumer Goods (RMB billion)52.1
Utilised FDI (USD million)920
Exports (USD million)1,122
Imports (USD million)1,078

Source: Hunan Statistical Yearbook 2016

General Introduction

Xiangtan is located in the central part of the Hunan Province. It is part of Chang-Zhu-Tan City Cluster (Changsha, Zhuzhou and Xiangtan), which is a national comprehensive supporting reform area in which industrialisation and urbanisation will be given due emphases on resources conservation and environmental protection.

The city is easily accessible by the Changsha-Xiangtan Highway, State Highway 107 and State Highway 320. Changsha Huanghua Airport, 60km from Xiangtan's downtown area, offers over 50 domestic flight routes to major cities in China.

The city has a broadly based and diversified industry sector. New energy, auto and auto parts, machinery, electronics, metallurgy, crude steel and steel products, electronic appliances, equipment manufacturing, chemicals, textiles and agricultural products processing are the major industries. The whole industry sector accounted for 50% of the GDP in 2015.

Major Industrial Parks / Development Zones

1. Xiangtan National High-tech Industrial Development Zone (state-level)

Target industries: Machinery, energy, new materials, information technology, pharmaceuticals

Major investors: Timken, Hara XEMC Windpower, BSF, Zhaoshan Metallurgy

Website: www.xtctp.com

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

Target industries: Auto and Auto parts, electronic information, advanced manufacturing

Website: www.jiuhua.gov.cn


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Content provided by Picture: HKTDC Research