11 Jan 2017
Xiangtan (Hunan) City Information
|Major Economic Indicators (2015)|
|Land Area (km2)||5,015|
|GDP (RMB billion)||170.3|
|GDP Per Capita (RMB)||60,430|
|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
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
2. Xiangtan National Economic and Technical Development Zone (state-level)
Target industries: Auto and Auto parts, electronic information, advanced manufacturing