China Regional Overview - by Dr Lifung

8/12/2019 China Regional Overview - by Dr Lifung

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Overview of Chinas Regional Development 2010

Part II: Seven emerging city clusters

December 2010Li & Fung Research Centre


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In this issue:

p.46Cross-Strait West Bank

5.

p.58Central Plain Region

6.

p.35Middle Reach of Yangtze4.

7.

3.

2.

1.

p.14Shandong Peninsula

p.67Central Shaanxi

p.23Sichuan and Chongqing Region

p.4Central and Southern Liaoning


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Seven emerging city clusters of China - Map

Source: Compiled by Li & Fung Research Centre

Apart from the three well-known city clusters discussed in Part I (Issue 76)1, the National Development andReform Commission (NDRC) further identified seven emerging city clusters in China in 2007. They are:

1 Issue 76: Overview of Chinas Regional Development 2010 Part I: Three Major City Clusters(http://www.lifunggroup.com/eng/knowledge/research/china_dis_issue76.pdf)


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1. Central and Southern Liaoning

4


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1. Central and Southern Liaoning



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General background

Location

- Northeastern China; north of Bohai and Yellow Sea Major hubs

- Shenyang () (capital city of Liaoning) and Dalian()

Natural resources

- Largest known reserve of iron in China; also rich incoal, oil and steel

GDP

- 1,346.2 billion yuan in 2008,22.1% yoy- GDP of Shenyang and Dalian in 2008 accounted for57.3% of the whole province


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General background (contd)

The State Council approved the Development Plan forLiaoning Coastal Economic Belton 1 July 2009

The economic belt refers to 6 coastal cities in Liaoning:Dalian (), Dandong (), Jinzhou (), Yingkou(), Panjin () and Huludao ()

The plan emphasizes the provinces strategic role inrejuvenating the old production bases of heavy industryin northeastern provinces

The Central and South Liaoning city cluster identified by the NationalDevelopment and Reform Committee (NDRC) includes mainly the citiesaround Shenyang and Dalian; but the economic belt focuses only on citiesalong the coast line of Liaoning province


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Industrial development

A major production base of heavy industry in China Major industries

- Iron & steel, machinery, coal, petrochemicals and buildingmaterials

The secondary industry- 751.2 billion yuan in 2008,28.9% yoy- Accounted for 55.8% of the provinces GDP

Value-added of industry of enterprises above designated size- 660.3 billion yuan in 2008,22.4% yoy

Among the industrial clusters in Liaoning, competitive onesinclude

- Shenyang: Ceramic building materials- Yingkou: Magnesium products- Dandong: Measuring instruments

Note: Please see Appendix III of Part I for more information on competitive industrial clusters in China


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Industrial development (contd)

Major indicators of industrial sector of Liaoning province, 2008

63,198

54,248

31,259

GDPper

capita(yuan)

Value-addedof industry

of enterprises(above

designatedsize)

(billion yuan)

yoygrowth

(%)

Totalexports

(USDbillion)

yoygrowth

(%)

GDP(billion

yuan)

GDP composition-primary: secondary:

tertiary

Liaoning 660.3 22.4 42.1 19.1 1,346.2 9.7: 55.8: 34.5

Shenyang 171.4 25.3 4.1 24.2 386.1 4.8: 50.1: 45.1

Dalian

139.8 14.8 25.3 18.0 385.8 7.5: 51.7: 40.8

Sources: China Statistical Yearbook 2008 & 2009, Liaoning Statistical Yearbook 2008 & 2009, ShenyangStatistical Yearbook 2008 & 2009 and Dalian Statistical Yearbook 2008 & 2009


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Output of major industrial products of Liaoning province, 2006-2008

2006 2007 2008

Raw coal (million tonne) 73.7 63.5 64.2

Crude oil (million tonne) 12.3 12.1 12.0

Pig iron (million tonne) 37.6 40.6 41.0

Steel (million tonne) 37.0 41.4 40.7

Source: Liaoning Statistical Yearbook 2009


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Consumer market and retail sector

An emerging consumer market in northeastern China

Major consumer centers are situated in Shenyang and

Dalian Total retail sales of consumer goods

- 491.8 billion yuan in 2008,22.0% yoy Urban household disposable income

- 14,393 yuan in 2008,17.0% yoy Rural household net income

- 5,576 yuan in 2008,16.8% yoy


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Consumer market and retail sector (contd)

Major indicators of the consumer market of Liaoning province, 2008

GDP(billion

yuan)

GDP percapita(yuan)

yoygrowth

(%)

Total

retail

sales(billion

yuan)

yoygrowth

(%)

Urban

household

disposableincome(yuan)

yoygrowth

(%)

Rural

householdnet income

(yuan)

yoygrowth

(%)

Liaoning 1,346.2 31,259 21.5 491.8 22.0 14,393 17.0 5,576 16.8

Shenyang 386.1 54,248 19.1 150.6 22.2 17,013 16.5 8,029 18.0

Dalian 385.8 63,198 22.4 118.3 20.3 17,501 15.8 9,818 17.3

Sources: China Statistical Yearbook 2008 & 2009, Liaoning Statistical Yearbook 2008 & 2009, ShenyangStatistical Yearbook 2008 & 2009 and Dalian Statistical Yearbook 2008 & 2009


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Major business areas, shopping malls and department stores in

Liaoning province

Cities Major business areas Selected shopping malls anddepartment stores

Shenyang

Zhong Street (), TaiyuanStreet (), Beixing (),Jinlang (), Xinshun (),

Nanta (), Wuai ()

Wanda Plaza (), ShenyangNew World Department Store Nanjing Road Store (

), Shenyang NewWorld Department Store Zhonghua Road Store (), Palace 66 (), Parkson ()

Dalian

Tianjin Street (), Qingniwa(), Xian Road (),Olympics Square ()

Dalian Tiandi (), TimesSquare (), CapitaMall (), Parkson ()



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2. Shandong Peninsula

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2. Shandong Peninsula



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General background

Location- Situated in eastern China; close to South Korea and Japan

Cities covered- Jinan (), Qingdao (), Yantai (), Weihai (),Weifang (), Rizhao (), Zibo () and Dongying ()

GDP

- 3,107.2 billion yuan in 2008,19.7% yoy- Ranked 2nd in China Transport infrastructure

- 1st in total length of expressway in China

Population- 94.2 million in 2008,0.5% yoy- Ranked 3rd in China


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The secondary industry accounted for 57.0% of theprovinces GDP in 2008

Gross industrial output value

6,295.9 billion in 2008,26.2% yoy

Ranked 3rd in China

Origin of many renowned national brands such asTsingtao Beer (), Haier Electronics (),

Hisense Electronics (), Zhangyu Wine (), etc



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Among the industrial clusters in Shandong, competitiveones include

- Qingdao: Textile machinery- Yantai: Sweater, Wine- Weihai: Textile- Linqing: Axle bearing

- Rizhao: Fisheries- Jinan: Transport equipment- Dezhou: Solar water heater- Liaocheng: Steel pipe

- Linyi: Crop protection machinery



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52,678

45,724

33,083

GDP percapita(yuan)

Value-addedof industry of

enterprises(above

designatedsize)

(billion yuan)

yoygrowth

(%)

Totalexports

(USDbillion)

yoygrowth

(%)

GDP(billion

yuan)

GDP compositionprimary:

secondary:tertiary

Contracted FDI(USD billion)

Utilized FDI(USD billion)

Shandong

1,671.9 13.1 93.2 24.1 3,107.2 9.7: 57.0: 33.4 10.2 8.2

Jinan

109.5 9.6 4.6 33.8 301.7 5.8: 44.1: 50.1 1.5 0.9

Qingdao

201.9 19.0 32.6 15.3 443.6 5.1: 50.8: 44.1 3.2 2.6

Major indicators of industrial sector of Shandong province, 2008

Sources: China Statistical Yearbook 2008 & 2009, Shandong Statistical Yearbook 2008 & 2009, JinanStatistical Yearbook 2008 & 2009 and Qingdao Statistical Yearbook 2008 & 2009


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2nd largest consumer market in China

Total retail sales of consumer goods- 1,038.1 billion yuan in 2008,23.0% yoy- Accounted for 9.6% of the national total

Urban household disposable income

- 16,305 yuan in 2008,14.3% yoy

Rural household net income- 5,641 yuan in 2008,13.2% yoy



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Major indicators of the consumer market of Shandong province, 2008

GDP(billion

yuan)

GDP percapita

(yuan)

yoygrowth

(%)

Total

retailsales(billion

yuan)

yoygrowth

(%)

Urban

householddisposableincome

(yuan)

yoygrowth

(%)

Ruralhouseholdnet income

(yuan)

yoygrowth

(%)

Shandong 3,107.2 33,083 19.0 1,038.1 23.0 16,305 14.3 5,641 13.2

Jinan 301.7 45,724 16.5 135.7 23.0 20,802 15.5 7,180 14.0

Qingdao 443.6 52,678 16.0 146.5 22.1 20,464 14.6 8,509 13.8

Sources: China Statistical Yearbook 2008 & 2009, Shandong Statistical Yearbook 2008 & 2009, Jinan

Statistical Yearbook 2008 & 2009 and Qingdao Statistical Yearbook 2008 & 2009


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Major business areas, shopping malls and department stores in Shandongprovince

Cities Major business areas Selected shopping malls and

department stores

Jinan

Quancheng Road (), Beiyuan (),Luoyuandajie (), Maanshan Road(), Shandalu (), Daguanyuan(), Luokou (), Huayuan Road (

), Xishichang (

), Yingxiongshan (

)

Parc 66 (), MYKAL (),INZONE ()

Qingdao

Zhongshan Road (),Taidong (),Licun (), Dongbu Business Area (), Cangkou (), Dongli (),Xianggang Central Road (),Xiangjiang Road ()

Wanda Plaza (), PacificPlaza (), Qingdao PlazaPrintemps (), Parkson(), INZONE (), AEON (),LIKELAI Shopping Center ()



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3. Sichuan and Chongqing Region

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3. Sichuan and Chongqing Region



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General background

Location- Western part of China

Major hubs- Chongqing municipality () and Chengdu ()(capital city of Sichuan province)

Natural resources- Chongqing has the largest known reserve of strontium

GDP- Sichuan: 1,250.6 billion yuan in 2008,19.0% yoy- Chongqing: 509.7 billion yuan in 2008,23.6% yoy


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Gross industrial output value of enterprises abovedesignated size of Sichuan

- 1,476.2 billion yuan in 2008,33.6% yoy

Gross industrial output value of enterprises abovedesignated size of Chongqing

- 575.6 billion yuan in 2008,31.9% yoy

Imports and exports

- Sichuan ranked 3rd in China in yoy growth ofboth imports and exports


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Major industries of Sichuan: Resource-related (such asminerals and metals) industries , hi-tech industries,

machinery manufacturing industries and processing ofagricultural products

Major industrial products of Chongqing: Natural gas, cloth,dry cells, printed and dyed fabric and household ceramics

Competitive industrial cluster

- Bishan (in Chongqing): Motorcycle



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Major indicators of industrial sector of Sichuan province and Chongqingmunicipality, 2008

Sources: China Statistical Yearbook 2008 & 2009, Sichuan Statistical Yearbook 2008, Chongqing Statistical Yearbook2008 & 2009, Statistical Communique of Sichuan 2007 & 2008 and Statistical Communique of Chengdu 2007 & 2008

5.12.36.9: 46.6: 46.530,855390.158.89.1N/A423.3Chengdu

4.83.318.9: 46.3: 34.815,3781,250.652.613.133.61,476.2Sichuan

N/A2.711.3: 47.7: 41.018,025509.733.05.731.9575.6Chongqing

Contracted FDI(USDbillion)

UtilizedFDI(USDbillion)

GDPcompositionprimary:secondary:tertiary

GDPpercapita(yuan)

GDP(billionyuan)

yoygrowth(%)

Totalexports(USDbillion)

yoygrowth(%)

Gross industrialoutput value ofenterprises(abovedesignated size)(billion yuan)


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Performance of leading industries of Sichuan province, 2008

Total value-added ofindustry (billion yuan) % Share inSichuan

Hi-tech industries 83.6 16.9

Resource-related (such as mineralsand metals) industries 148.9 30.1

Machinery manufacturing industries 66.1 13.4

Processing of agricultural products 77.6 15.7

Source: Statistical Communique of Sichuan 2008


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Output of major industrial products of Chongqing municipality, 2008

7,111.4

413.7

54.2

137.4

464.8

2007 2008

Cloth (million metre) 533.5

Printed and dyed fabric (million metre) 140.1

Household ceramics (million piece) 104.7

Dry cells (million unit) 103.9

Natural gas (million m3) 7,950.3

Source: Chongqing Statistical Yearbook 2008


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Sichuan- The largest consumer market in western China- Total retail sales of consumer goods: 480.1 billion yuan in

2008,19.6% yoy- Urban household disposable income: 12,633 yuan in2008,13.8% yoy- Rural household net income: 4,121 yuan in 2008,16.2% yoy

Chongqing- Total retail sales of consumer goods: 206.4 billion in2008,24.3% yoy- Urban household disposable income: 14,368 yuan in

2008,14.1% yoy- Rural household net income: 4,126 yuan in 2008,17.6% yoy


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Major indicators of consumer markets of Sichuan province and Chongqing

municipality, 2008

GDP(billion

yuan)

GDP percapita(yuan)

yoygrowth

(%)

Total retailsales (billion

yuan)

yoygrowth

(%)

Urban

householddisposable

income (yuan)

yoygrowth

(%)

Rural

householdnet income

(yuan)

yoygrowth

(%)

Chongqing

509.7 18,025 23.0 206.4 24.3 14,368 14.1 4,126 17.6

Sichuan

1,250.6 15,378 19.3 480.1 19.6 12,633 13.8 4,121 16.2

Chengdu

390.1 30,855 16.3 162.2 19.5 15,580 14.4 6,482 14.9

Sources: China Statistical Yearbook 2008 & 2009, Sichuan Statistical Yearbook 2008 & 2009, ChongqingStatistical Yearbook 2008 & 2009, Statistical Communique of Sichuan 2007 & 2008 and StatisticalCommunique of Chengdu 2007 & 2008


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City Major business areas Selected shopping malls anddepartment stores

Chengdu

Chunxi Road (),Yanshikou (),Tianfu Plaza (),

Luomashi (),Hehuachi ()

Wanda Plaza (), ChengduInternational Finance Centre (), Metropolitan Plaza (),

CapitaMall (), Wangfujing (), Parkson ()


Major business areas, shopping malls and department stores inSichuan province



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Major business areas Selected shopping malls anddepartment stores

Guanyinqiao (), Jiefangbei (),Shapingba (), Yangjiaping (),Dadukou (), Nanping (),Yongchuan Renmin Plaza (),Yongchuan Yuxi Plaza (), Kaixian(), Wanzhou (), Jiangjin ().

Chongqing Tiandi (),Wanda Plaza (),Times Square (),CapitaMall (),Wangfujing (), New CenturyDepartment Store (),Parkson ()


Major business areas, shopping malls and department stores in Chongqingmunicipality



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4. Middle Reach of Yangtze

35

Middl R h f Y


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4. Middle Reach of Yangtze



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Location- Situated in central China

Cities covered- 15 cities of 4 provinces, namely, Wuhan (),Huangshi (), Ezhou (), Huanggang (),Xiantao (), Qianjiang (), Xiaogan (),Xianning (), Tianmen (), Suizhou (),

Jingmen () and Jingzhou () of Hubei province;Xinyang () of Henan province; Jiujiang () ofJiangxi province; and Yueyang () of Hunanprovince

- Major part of the cluster situated in Hubei province Major hub

- Wuhan of Hubei province

General background


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The secondary industry accounted for 43.8% of theprovinces GDP in 2008

Major industries- Steel, automobiles, petrochemical, electronic information,

food and textiles

Gross industrial output value of enterprises abovedesignated size


- The growth rate ranked 3rd in China

Value-added of industry of enterprises above designatedsize




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State-level development zones (all located in Wuhan):- Wuhan Economic and Technological Development Zone

- Wuhan East Lake High-tech Park- Wuhan Export Processing Zone

Competitive industrial clusters

- Yichang: Phosphorus chemicals- Xiantao: Nonwoven textile

Average Wage

- 22,739 yuan in 2008, 14.7% yoy- The 3rd lowest average wage in China



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Major indicators of industrial sector of Hubei province, 2008

44,290

19,860

GDP percapita(yuan)

Grossindustrial

output value

of enterprises(above

designatedsize)

(billion yuan)

yoygrowth

(%)

Value-addedof industry of

enterprises(above

designatedsize)

(billion yuan)

yoygrowth

(%)

Totalexports

(USDbillion)

yoygrowth

(%)

GDP(billion

yuan)


secondary:tertiary

ContractedFDI

(USD billion)

Hubei

1,345.5 40.1 384.2 36.1 11.7 40.7 1,133.0 15.7: 43.8: 40.5 3.3

Wuhan

577.4 63.8 151.6 26.6 6.9 45.3 396.0 3.7: 46.1: 50.2 0.4

Sources: China Statistical Yearbook 2008 & 2009, Hubei Statistical Yearbook 2008, Wuhan StatisticalYearbook 2008, Statistical Communique of Hubei 2007 & 2008 and Statistical Communique of Wuhan2007 & 2008


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Output of major industrial products of Hubei province, 2008

Output yoy growth (%)

Yarn (million tonne) 1.3 6.6

Cloth (billion metre) 3.6 18.2

Chemical fiber (thousand tonne) 119.2 -15.4

Cigarette (billion piece) 124.6 8.2Household fridge (thousand unit) 290.3 -41.0

Air conditioner (thousand unit) 4,937.4 12.2

Coal (million tonne) 7.3 18.9

Crude oil (million tonne) 0.8 -1.9

Steel (million tonne) 19.9 9.6

Source: Statistical Communique of Hubei 2008


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Output of major industrial products of Hubei province, 2008 (contd)

Output yoy growth (%)

Rolled steel (million tonne) 21.5 15.4

10 types of non-ferrous metals(million tonne) 0.8 7.7

Copper (million tonne) 0.3 6.2

Cement (million tonne) 62.1 16.7

Sulphuric acid (million tonne) 5.3 13.0

Soda (million tonne) 0.9 3.6

Caustic soda (million tonne) 0.5 7.5

Chemical fertilizers (million tonne) 5.9 6.5

Equipment for power generation(million kilowatt) 1.8 -30.1

Motor vehicle (thousand unit) 849.3 10.0

Mobile phone (thousand unit) 3,675.3 4.4

Source: Statistical Communique of Hubei 2008


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Total retail sales of consumer goods



- 13,153 yuan in 2008,14.5% yoy

Rural household net income

- 4,656 yuan in 2008,16.5% yoy


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Major indicators of the consumer market of Hubei province, 2008

GDP(billion

yuan)

GDP percapita

(yuan)

yoygrowth

(%)

Total retailsales

(billion yuan)

yoygrowth

(%)

Urbanhousehold

disposableincome

(yuan)

yoygrowth

(%)

Rural

householdnet income

(yuan)

yoygrowth

(%)

Hubei 1,133.0 19,860 22.5 496.6 23.3 13,153 14.5 4,656 16.5

Wuhan 396.0 44,290 24.8 185.0 21.9 16,712 16.4 6,349 18.2

Sources: China Statistical Yearbook 2008 & 2009, Hubei Statistical Yearbook 2008, Wuhan StatisticalYearbook 2008, Statistical Communique of Hubei 2007 & 2008 and Statistical Communique of Wuhan2007 & 2008


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Major business areas, shopping malls and department stores in Hubeiprovince

City Major business areas Selected shopping malls and

department stores

Wuhan

Wuguang (), Wangjiawan (),Zhongjiacun (), Xudong (), Jiedaokou

(), Zhongnan (), Simenkou (),Wangjiadun (), Hanzheng Street (),

Jianghan Road (), Tangjiadun (),Luxiang ()

Wuhan Tiandi (),Wangfujing (),Zhongbai (), IntimeDepartment Store ()



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5. Cross-Strait West Bank

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5 Cross-Strait West Bank


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5. Cross Strait West Bank



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General background

Location

- Facing Taiwan across the strait

Cities covered

- 6 cities of Fujian province, namely, Fuzhou () ,Ningde (), Putian (), Quanzhou (), Xiamen

() and Zhangzhou ()

GDP


G l b k d ( d)


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Growing economic and cultural interaction across the strait in the lastfew years- Taiwan opened its door to mainland Chinese tourists for travelling

since 2005- First direct flight across the strait in December 2008- Taiwan set up a tourist office in Beijing in May 2010 to promotetourism among mainland Chinese

Economic Cooperation Framework Agreement (ECFA)- Mainland China and Taiwan signed ECFA in June 2010 to advancecross-strait relations and give a major boost to two-way trade- The Chinese Mainland will eliminate the tariffs imposed on 539

import items from Taiwan in several stages- Taiwan will follow a similar time frame to eliminate the tariffs itpresently imposes on 267 goods from the Chinese mainland- As for service sector liberalization, the Chinese Mainland agreed toopen up 11 service industries to Taiwan and Taiwan will open up 9

service sectors in return

G l b k d ( td)


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In May 2009, the State Council introduced the Opinionson Supporting Fujian Province to Accelerate theDevelopment of Cross-Strait West Bank Economic

Zone

- The main objective is to facilitate cross-straitexchanges and cooperation in trade, shipping, tourism

and other areas

The Cross-Strait West Bank city cluster identified by the NDRC in 2007includes only cities in Fujian province, but the new economic zoneannounced by the State Council covers also eastern Guangdong,

southern Zhejiang and central and eastern Jiangxi

I d t i l d l t


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The secondary industry accounted for 50.0% ofFujians GDP in 2008

Major industries- Machinery and equipment, electronic informationand petrochemical

Total value-added of industry of enterprises abovedesignated size of Fujian- 443.2 billion yuan in 2008,23.2% yoy

Fujian attracts lots of investment from Hong Kong,Macau and Taiwan

Utilized foreign direct investment of Fujian province- USD 5.7 billion in 2008,39.7% yoy

I d t i l d l t ( td)


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Leading industries- Machinery and equipment, electronic informationand petrochemical

Largest tea production base in China

Among the industrial clusters in Fujian, competitiveones include

- Quanzhou: Trainers, Zipper, Plumbing hardware,Snacks

- Putian: Jade processing, Chinese classical furniture- Shishi: Childrens wear

Note: Please see Appendix III of Part I for more information on competitive industrial clusters inChina



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Major indicators of industrial sector of Fujian province, 2008

62,651

33,615

30,123

GDPper

capita(yuan)

Grossindustrial

outputvalue of

enterprises(above

designatedsize)

(billionyuan)

yoygrowth

(%)

Value-added of

industry ofenterprises

(abovedesignated

size)(billion

yuan)

yoygrowth

(%)

Totalexports

(USDbillion)

yoygrowth

(%)

GDP(billion

yuan)


secondary:tertiary

ContractedFDI

(USDbillion)

UtilizedFDI

(USDbillion)

Fujian

1,521.3 21.5 443.2 23.2 57.0 14.1 1,082.3 10.7: 50.0: 39.3 7.2 5.7

Fuzhou

327.7 19.1 80.5 8.1 13.6 10.4 228.4 10.3: 47.4: 42.3 1.5 1.0

Xiamen

297.8 8.2 68.0 2.8 29.4 15.0 156.0 1.4: 52.4: 46.2 1.9 2.0

Sources: China Statistical Yearbook 2008 & 2009, Fujian Statistical Yearbook 2008 & 2009, StatisticalCommunique of Fuzhou 2007 & 2008 and Statistical Communique of Xiamen 2007 & 2008



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Value-added ofindustry of enterprisesabove designated size

(billion yuan)% Sharein Fujian

Three leading industries 146.1 35.3

Machinery and equipment 68.2 16.5

Electronic information 37.8 9.1

Petrochemical 40.0 9.7

Performance of leading industries of Fujian province, 2008

Source: Statistical Communique of Fujian 2008


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Consumer market and retail sector (cont d)

Major indicators of the consumer market of Fujian province, 2008

GDP(billion

yuan)

GDP percapita(yuan)

yoygrowth

(%)

Total retailsales

(billion yuan)

yoygrowth

(%)

Urban household

disposableincome(yuan)

yoygrowth

(%)

Rural householdnet income

(yuan)

yoygrowth

(%)

Fujian 1,082.3 30,123 16.3 382.8 20.1 17,691 14.1 6,196 13.3

Fuzhou 228.4 33,615 14.7 113.4 20.6 19,009 14.2 7,142 13.6

Xiamen 156.0 62,651 10.7 41.9 15.7 23,948 11.4 8,475 11.0

Sources: China Statistical Yearbook 2008 & 2009, Fujian Yearbook 2008 & 2009, Statistical Communique

of Fuzhou 2008 & 2009 and Statistical Communique of Xiamen 2008 & 2009



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Consumer market and retail sector (cont d)

Cities Major business areas Selected shopping malls and

department storesFuzhou

Dongjiekou (), Wuyi (),Taijiang (), Dongfuzhou (),Railway Station business area (), Jiangbin (), Gongye Road()

New Hua Du Supercenter (), Rainbow DepartmentStore ()

Xiamen

Zhongshan Road (), RailwayStation business area (),Fushanmingfa (), Jiangtou (), Lianqianruijing (),Hexiang ()

New Hua Du Supercenter (), PCD Stores (), Rainbow Department Store ()

Major business areas, shopping malls and department stores in Fujian province



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6. Central Plain Region

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6. Central Plain Region


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General background


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General background

Location- Situated in Henan province

Major hub

- Zhengzhou () Cities covered

- Zhengzhou and eight other cities in Henan province:Luoyang (), Kaifeng (), Xinxiang (), Jiaozuo (), Xuchang (), Pingdingshan (), Luohe ()

and Jiyuan () GDP

- 1,840.8 billion yuan in 2008,22.6% yoy Transport infrastructure

- 1st in total length of highway in China Population

- 94.3 million in 2008,0.7% yoy- Ranked 2nd in China



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The secondary industry accounted for 56.9% of the provincesGDP in 2008

Major industries

- Food processing, non-ferrous metals, chemical engineering,automobile and parts, etc

Value-added of industry of enterprises above designated size

- 730.5 billion in 2008,34.3% yoy

Gross industrial output value of enterprises above designatedsize


Competitive industrial clusters

- Zhengzhou: Aluminum products, Refractory materials

- Xinxiang: Cranes




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Industrial development (cont d)

Major indicators of industrial sector of Henan province, 2008

40,617

19,593

GDP percapita(yuan)

Value-added ofindustry ofenterprises

(abovedesignated size)

(billion yuan)

yoygrowth

(%)

Totalexports

(USD billion)

yoygrowth

(%)

GDP(billion

yuan)

GDP composition

primary:secondary:

tertiary

ContractedFDI

(billion yuan)

UtilizedFDI

(billion yuan)

Henan

730.5 34.3 10.7 28.0 1,840.8 14.4: 56.9: 28.6 1.4 4.0

Zhengzhou

122.4 32.5 3.0 35.9 300.4 3.2: 55.2: 41.6 2.4 1.4

Sources: China Statistical Yearbook 2008 & 2009 and Henan Statistical Yearbook 2008 & 2009



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Industrial development (cont d)

Leading industries

Total value-added of industryof enterprises above

designated size (billion yuan)

yoygrowth

(%)Non-metal mineral products 77.7 19.8

Coal mining & processing 67.5 13.5

Non-staple food processing 56.1 23.6

Smelting and pressing of ferrous metals 51.1 6.0Non-ferrous metals 46.6 20.4

Electric power and heat production 44.4 9.6

Raw chemicals and chemical products 37.4 12.3

Machinery and equipment manufacturing 30.1 22.7

Textile 26.0 26.6

Professional equipment manufacturing 25.0 30.3

Source: Henan Statistical Yearbook 2009

Performance of leading industries of Henan province, 2008



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Total retail sales of consumer goods



- 13,231 yuan in 2008,15.3% yoy

Rural household net income

- 4,454 yuan in 2008,15.6%



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( )

GDP

(billionyuan)

GDP per

capita(yuan)

yoy

growth(%)

Total retail

sales(billion yuan)

yoy

growth(%)

Urbanhouseholddisposable

income(yuan)

yoy

growth(%)

Ruralhousehold

net income(yuan)

yoy

growth(%)

Henan

1,840.8 19,593 22.4 566.3 23.2 13,231 15.3 4,454 15.6

Zhengzhou

300.4 40,617 22.5 120.6 23.2 15,732 14.9 7,548 14.5

Sources: China Statistical Yearbook 2008 & 2009 and Henan Statistical Yearbook 2008 & 2009

Major indicators of the consumer market of Henan province, 2008



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( )

City Major business areas Selected shopping malls anddepartment stores

Zhengzhou

Erqi (), Bishagang (),Jingsan Road (), HuayuanRoad (), Zhengdong (),Zijingshan (), Longhu ()

CapitaMall (),Dashang (), Parkson ()

Major business areas, shopping malls and department stores in Henan province



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7. Central Shaanxi


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General background


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Location- Situated in central China

Cities covered

- 9 cities of Shaanxi province: Xian (), Baoji (),Xianyang (), Weinan (), Tongchuan (),Shangluo (), Xingping (), Hancheng () andHuayin ()

The province is considered as the hub connecting centraland western China

GDP


- Ranked 3rd in GDP growth in China GDP per capita

- 18,246 yuan in 2008,24.9% yoy- Ranked 3rd in the growth of GDP per capita in China



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In June 2009, the State Council approvedGuanzhong-Tianshui Economic Zone DevelopmentPlan

- According to the new plan, the economic zonecovers Xian (), Tongchuan (), Baoji (),Xianyang (), Weinan (), Yangling (),

some counties in Shangluo () of Shaanxiprovince, and Tianshui () administrative area ofGansu province

The geographic coverage of this economic zone covers a larger areathan the Central Shaanxi city cluster identified by the NDRC in 2007



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Gross industrial output value of enterprises abovedesignated size of Shaanxi province- 748.1 billion yuan in 2008,31.4% yoy

State-level development zones in Shaanxi province:- Xian High-tech Industries Development Zone

- Xian Economic & Technological Development Zone- Xian Export Processing Zone- Baoji High-tech Industries Development Zone

- Yangling Agricultural High-tech IndustriesDemonstration Zone

Competitive industrial cluster- Baoji: Titanium products




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Major indicators of industrial sector of Shaanxi province, 2008

26,259

18,246

GDP percapita(yuan)

Value-added ofindustry of

enterprises(above

designatedsize)

(billion yuan)

yoygrowth

(%)

Totalexports

(USD billion)

yoygrowth

(%)

GDP(billion

yuan)


secondary:tertiary

ContractedFDI

(USD billion)

UtilizedFDI

(USD billion)

Shaanxi

298.8 36.4 5.4 15.1 685.1 11.0: 56.1: 32.9 1.8 1.4

Xi'an

60.2 30.4 4.4 28.1 219.0 4.7: 45.1: 50.2 1.2 1.2

Sources: China Statistical Yearbook 2008 & 2009, Shaanxi Statistical Yearbook 2008 & 2009 and XianStatistical Yearbook 2008 & 2009



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Performance of pillar industries of Shaanxi province, 2008

Total value-added ofindustry of enterprises

(billion yuan)

% Share in

Shaanxi

Eight pillar industries 717.4 98.0

Electronic and telecommunication 19.1 2.6

Petrochemical 356.4 48.7

Machinery manufacturing 156.1 21.3

Medicine manufacturing 17.1 2.3

Food manufacturing 58.4 8.0

Textile and apparel 9.5 1.3

Non-metallic mineral products 20.4 2.8Smelting and pressing of non-ferrous metals 80.4 11.0

Source: Statistical Communique of Shaanxi 2008



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Total retail sales of consumer goods of Shaanxi province- 225.6 billion yuan in 2008,25.3% yoy- The growth rate ranked 1st in China

- Xian alone contributed to more than half of theprovincial total

Urban household disposable income- 12,858 yuan in 2008,19.5% yoy- The growth rate ranked 1st in China

Rural household net income- 3,136 yuan in 2008,18.6% yoy- The growth rate ranked 1st in China



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Major indicators of the consumer market of Shaanxi province, 2008

GDP

(billionyuan)

GDP per

capita(yuan)

yoy

growth(%)

Total retail

sales(billion yuan)

yoy

growth(%)

Urbanhouseholddisposable

income(yuan)

yoy

growth(%)

Ruralhousehold

net income(yuan)

yoy

growth(%)

Shaanxi

685.1 18,246 24.9 225.6 25.3 12,858 19.5 3,136 18.6

Xi'an

219.0 26,259 23.1 115.4 25.3 15,207 20.1 5,212 18.5

Sources: China Statistical Yearbook 2008 & 2009, Shaanxi Yearbook 2008 & 2009 and Xian StatisticalYearbook 2008 & 2009



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City Major business areas Selected shopping malls and

department stores

Xian

Zhonglou (), Xiaozhai (),Changle Road (), Yanta ()

Wanda Plaza (), Parkson (),PCD Stores (), IntimeDepartment Store (), GrandOcean Department Store (),

Happy Mall ()

Major business areas, shopping malls and department stores in Shaanxiprovince


For more information


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Li & Fung Research Centre

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Kowloon, Hong Kong

Tel: 2300 2470 Fax: 2635 1598

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http://www.lifunggroup.com/

China Regional Overview - by Dr Lifung

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