8/12/2019 China Regional Overview - by Dr Lifung
1/77
Overview of Chinas Regional Development 2010
Part II: Seven emerging city clusters
December 2010Li & Fung Research Centre
8/12/2019 China Regional Overview - by Dr Lifung
2/77
2
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
8/12/2019 China Regional Overview - by Dr Lifung
3/77
3
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)
8/12/2019 China Regional Overview - by Dr Lifung
4/77
1. Central and Southern Liaoning
4
8/12/2019 China Regional Overview - by Dr Lifung
5/77
5
1. Central and Southern Liaoning
Source: Compiled by Li & Fung Research Centre
8/12/2019 China Regional Overview - by Dr Lifung
6/77
6
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
8/12/2019 China Regional Overview - by Dr Lifung
7/77
7
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
8/12/2019 China Regional Overview - by Dr Lifung
8/77
8
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
8/12/2019 China Regional Overview - by Dr Lifung
9/77
9
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
8/12/2019 China Regional Overview - by Dr Lifung
10/77
10
Industrial development (contd)
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
8/12/2019 China Regional Overview - by Dr Lifung
11/77
11
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
8/12/2019 China Regional Overview - by Dr Lifung
12/77
12
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
8/12/2019 China Regional Overview - by Dr Lifung
13/77
13
Consumer market and retail sector (contd)
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 ()
Source: Compiled by Li & Fung Research Centre
8/12/2019 China Regional Overview - by Dr Lifung
14/77
2. Shandong Peninsula
14
8/12/2019 China Regional Overview - by Dr Lifung
15/77
15
2. Shandong Peninsula
Source: Compiled by Li & Fung Research Centre
8/12/2019 China Regional Overview - by Dr Lifung
16/77
16
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
8/12/2019 China Regional Overview - by Dr Lifung
17/77
17
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
Industrial development
8/12/2019 China Regional Overview - by Dr Lifung
18/77
18
Industrial development (contd)
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
Note: Please see Appendix III of Part I for more information on competitive industrial clusters in China
8/12/2019 China Regional Overview - by Dr Lifung
19/77
19
Industrial development (contd)
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
8/12/2019 China Regional Overview - by Dr Lifung
20/77
20
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
Consumer market and retail sector
8/12/2019 China Regional Overview - by Dr Lifung
21/77
21
Consumer market and retail sector (contd)
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
8/12/2019 China Regional Overview - by Dr Lifung
22/77
22
Consumer market and retail sector (contd)
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 ()
Source: Compiled by Li & Fung Research Centre
8/12/2019 China Regional Overview - by Dr Lifung
23/77
3. Sichuan and Chongqing Region
23
8/12/2019 China Regional Overview - by Dr Lifung
24/77
24
3. Sichuan and Chongqing Region
Source: Compiled by Li & Fung Research Centre
8/12/2019 China Regional Overview - by Dr Lifung
25/77
25
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
8/12/2019 China Regional Overview - by Dr Lifung
26/77
26
Industrial development
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
8/12/2019 China Regional Overview - by Dr Lifung
27/77
27
Industrial development (contd)
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
Note: Please see Appendix III of Part I for more information on competitive industrial clusters in China
8/12/2019 China Regional Overview - by Dr Lifung
28/77
28
Industrial development (contd)
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)
8/12/2019 China Regional Overview - by Dr Lifung
29/77
29
Industrial development (contd)
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
8/12/2019 China Regional Overview - by Dr Lifung
30/77
30
Industrial development (contd)
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
8/12/2019 China Regional Overview - by Dr Lifung
31/77
31
Consumer market and retail sector
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
8/12/2019 China Regional Overview - by Dr Lifung
32/77
32
Consumer market and retail sector (contd)
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
8/12/2019 China Regional Overview - by Dr Lifung
33/77
33
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 ()
Consumer market and retail sector (contd)
Major business areas, shopping malls and department stores inSichuan province
Source: Compiled by Li & Fung Research Centre
8/12/2019 China Regional Overview - by Dr Lifung
34/77
34
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 ()
Consumer market and retail sector (contd)
Major business areas, shopping malls and department stores in Chongqingmunicipality
Source: Compiled by Li & Fung Research Centre
8/12/2019 China Regional Overview - by Dr Lifung
35/77
4. Middle Reach of Yangtze
35
Middl R h f Y
8/12/2019 China Regional Overview - by Dr Lifung
36/77
36
4. Middle Reach of Yangtze
Source: Compiled by Li & Fung Research Centre
8/12/2019 China Regional Overview - by Dr Lifung
37/77
37
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
8/12/2019 China Regional Overview - by Dr Lifung
38/77
38
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
- 1,345.5 billion yuan in 2008,40.1% yoy
- The growth rate ranked 3rd in China
Value-added of industry of enterprises above designatedsize
- 384.2 billion yuan in 2008,36.1% yoy
Industrial development
8/12/2019 China Regional Overview - by Dr Lifung
39/77
39
Industrial development (contd)
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
Note: Please see Appendix III of Part I for more information on competitive industrial clusters in China
8/12/2019 China Regional Overview - by Dr Lifung
40/77
40
Industrial development (contd)
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)
GDP compositionprimary:
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
8/12/2019 China Regional Overview - by Dr Lifung
41/77
41
Industrial development (contd)
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
8/12/2019 China Regional Overview - by Dr Lifung
42/77
42
Industrial development (contd)
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
8/12/2019 China Regional Overview - by Dr Lifung
43/77
43
Consumer market and retail sector
Total retail sales of consumer goods
- 496.6 billion yuan in 2008,23.3% yoy
Urban household disposable income
- 13,153 yuan in 2008,14.5% yoy
Rural household net income
- 4,656 yuan in 2008,16.5% yoy
8/12/2019 China Regional Overview - by Dr Lifung
44/77
44
Consumer market and retail sector (contd)
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
8/12/2019 China Regional Overview - by Dr Lifung
45/77
45
Consumer market and retail sector (contd)
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 ()
Source: Compiled by Li & Fung Research Centre
8/12/2019 China Regional Overview - by Dr Lifung
46/77
5. Cross-Strait West Bank
46
5 Cross-Strait West Bank
8/12/2019 China Regional Overview - by Dr Lifung
47/77
47
5. Cross Strait West Bank
Source: Compiled by Li & Fung Research Centre
8/12/2019 China Regional Overview - by Dr Lifung
48/77
48
General background
Location
- Facing Taiwan across the strait
Cities covered
- 6 cities of Fujian province, namely, Fuzhou () ,Ningde (), Putian (), Quanzhou (), Xiamen
() and Zhangzhou ()
GDP
- 1,082.3 billion yuan in 2008,17.0% yoy
G l b k d ( d)
8/12/2019 China Regional Overview - by Dr Lifung
49/77
49
General background (contd)
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)
8/12/2019 China Regional Overview - by Dr Lifung
50/77
50
General background (contd)
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
8/12/2019 China Regional Overview - by Dr Lifung
51/77
51
Industrial development
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)
8/12/2019 China Regional Overview - by Dr Lifung
52/77
52
Industrial development (contd)
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
Industrial development (contd)
8/12/2019 China Regional Overview - by Dr Lifung
53/77
53
Industrial development (contd)
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)
GDP compositionprimary:
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
Industrial development (contd)
8/12/2019 China Regional Overview - by Dr Lifung
54/77
54
Industrial development (contd)
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
8/12/2019 China Regional Overview - by Dr Lifung
55/77
Consumer market and retail sector (contd)
8/12/2019 China Regional Overview - by Dr Lifung
56/77
56
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
Consumer market and retail sector (contd)
8/12/2019 China Regional Overview - by Dr Lifung
57/77
57
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
Source: Compiled by Li & Fung Research Centre
8/12/2019 China Regional Overview - by Dr Lifung
58/77
6. Central Plain Region
58
6. Central Plain Region
8/12/2019 China Regional Overview - by Dr Lifung
59/77
59
Source: Compiled by Li & Fung Research Centre
General background
8/12/2019 China Regional Overview - by Dr Lifung
60/77
60
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
Industrial development
8/12/2019 China Regional Overview - by Dr Lifung
61/77
61
Industrial development
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
- 2,602.8 billion yuan in 2008,27.3% yoy
Competitive industrial clusters
- Zhengzhou: Aluminum products, Refractory materials
- Xinxiang: Cranes
Note: Please see Appendix III of Part I for more information on competitive industrial clusters in China
Industrial development (contd)
8/12/2019 China Regional Overview - by Dr Lifung
62/77
62
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
Industrial development (contd)
8/12/2019 China Regional Overview - by Dr Lifung
63/77
63
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
Consumer market and retail sector
8/12/2019 China Regional Overview - by Dr Lifung
64/77
64
Consumer market and retail sector
Total retail sales of consumer goods
- 566.3 billion yuan in 2008,23.2% yoy
Urban household disposable income
- 13,231 yuan in 2008,15.3% yoy
Rural household net income
- 4,454 yuan in 2008,15.6%
Consumer market and retail sector (contd)
8/12/2019 China Regional Overview - by Dr Lifung
65/77
65
( )
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
Consumer market and retail sector (contd)
8/12/2019 China Regional Overview - by Dr Lifung
66/77
66
( )
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
Source: Compiled by Li & Fung Research Centre
8/12/2019 China Regional Overview - by Dr Lifung
67/77
7. Central Shaanxi
67
7. Central Shaanxi
8/12/2019 China Regional Overview - by Dr Lifung
68/77
68
Source: Compiled by Li & Fung Research Centre
General background
8/12/2019 China Regional Overview - by Dr Lifung
69/77
69
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
- 685.1 billion yuan in 2008,25.3% yoy
- 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
General background (contd)
8/12/2019 China Regional Overview - by Dr Lifung
70/77
70
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
Industrial development (contd)
8/12/2019 China Regional Overview - by Dr Lifung
71/77
71
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
Note: Please see Appendix III of Part I for more information on competitive industrial clusters in China
Industrial development (contd)
8/12/2019 China Regional Overview - by Dr Lifung
72/77
72
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)
GDP compositionprimary:
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
Industrial development (contd)
8/12/2019 China Regional Overview - by Dr Lifung
73/77
73
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
Consumer market and retail sector
8/12/2019 China Regional Overview - by Dr Lifung
74/77
74
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
Consumer market and retail sector (contd)
8/12/2019 China Regional Overview - by Dr Lifung
75/77
75
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
Consumer market and retail sector (contd)
8/12/2019 China Regional Overview - by Dr Lifung
76/77
76
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
Source: Compiled by Li & Fung Research Centre
For more information
8/12/2019 China Regional Overview - by Dr Lifung
77/77
77
Li & Fung Research Centre
11/F, LiFung Tower,868 Cheung Sha Wan Road,
Kowloon, Hong Kong
Tel: 2300 2470 Fax: 2635 1598
Email: [email protected]
http://www.lifunggroup.com/
Top Related