Chongqing demographic analysis and economy overview

 

Chongqing is the biggest and most populous city in China. The total population has grown by 4.5% from 31 million in 2001 to 32.4 million in 2007, covering an area of 82, 300 square kilometers. Among which, 5.1 million are urban residents. Thus, it can be seen that most of the population are living outside the urban areas of Chongqing, over hundreds of square kilometers of farmland. In 2005, the population of the urban area of Chongqing was 4.1 million in 2005. Over the period of two years, the urban population has soared by 24.4%.

 

Below is the chart of Chongqing total population and trends from year 2001 - 2011:

 

 

 

The nominal GDP of Chongqing has been on an upward trend from 175 RMB billion in 2001 to 412.3 RMB billion in 2007- representing a 135.6% increase over the years. In 2007, the primary industry has achieved value of 53 RMB billion, the secondary industry 183 RMB billion and the tertiary industry 175 RMB billion. Thus, it can be seen that the major portion of the GDP is made up of the secondary industries reflecting its significance. Chongqing is rich in natural resources, with more than 40 kinds of minerals. In addition, it is China’s third largest centre of motor vehicle production and the largest for motorcycles. Besides, it is also home to Asia’s largest aluminum plant- South West Aluminum. Due to its rapid urbanization, Chongqing has transformed into a vital industrial area in western China

 

Below is the chart of nominal GDP and trends of Chongqing city from year 2001 - 2011:

 

 

Chongqing’s nominal GDP per capita has doubled from 5, 600 RMB in 2001 to 12, 742 in 2007. The rapid growth of economy has led to a substantial increase in the income of the residents in Chongqing. However, its overall economic performance is still lagging behind coastal cities such as Shanghai. In 2007, the growth rate of the per capita net income of rural residents has surpassed that of the disposable income of urban residents. This is due to the sizeable increase in both the prices of main agricultural products and the number of migrant workers from rural areas. .

 

Below is the chart of Chongqing nominal GDP per capita and trends from year 2001 - 2011:

 

 

Chongqing’s government finance revenue has tripled from 13 RMB billion in 2001 to 44 RMB billion in 2007. The largest increase occurred in 2007 with a 39% increase from 2006. The fast growth in government finance revenue would enable the government to leverage the economy and to improve on both social and public services. One of the reasons for the upward trend is attributed to the expansion of businesses in Chongqing which brings an increasing inflow of corporate income tax. This trend will continue as the economy of Chongqing develops rapidly.

 

 

 

Chongqing’s total investment in fixed assets have increased tremendously from 66 RMB billion in 2001 to 316 RMB billion in 2007. One of the factors that led to the 4.8 times increase in total investments is due to the well-developed infrastructure and transportation system in Chongqing. There is also an increasing growth rate in investments in the manufacturing sector. This has led to a continuous increase in proportion of investments in the manufacture sector, thus, strengthening the power of industrial development. Chongqing’s total investments in fixed assets will continue to ascend as the the central government has adopted the “China Western Development strategy” by investing heavily in Chongqing's infrastructure in the subsequent years.

 

 

 

 

 

Related cities:

 

Beijing	Changchun	Changsha	Chengdu	Chongqing
Dalian	Fuzhou	Guangzhou	Guiyang	Haikou
Hangzhou	Harbin	Hefei	Hohhot	Jinan
Kunming	Lanzhou	Nanchang	Nanjing	Nanning
Ningbo	Qingdao	Shanghai	Shenyang	Shenzhen
Shijiazhuang	Taiyuan	Tianjin	Urumqi	Wuhan
Xi'an	Xiamen	Xining	Yinchuan	Zhengzhou