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Guiyang demographic analysis and economy overview

 

Guiyang, capital of Guizhou province, has a total population of that has been growing steadily from 3.4 million in 2001 to 3.6 million in 2007- a 5.9% growth during this period of time. By the end of 2005, the population amounted to 3.5 million including 15.4% minorities, which is made up 37 different minority groups. The rural population constitutes to 47% of the total population. Guiyang’s population is known for its large number of minority groups, with Miao group being the largest. The city covers an area of 8, 000 square kilometers with downtown area of 2, 400 square kilometers.

 

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

 

 

 

Guiyang is the central economic and commercial hub of Guizhou Province. It is China's first experimental recycling economic eco-city approved by the State Environmental Protection Administration. Guiyang’s nominal GDP has doubled from 30.3 RMB billion in 2001 to 69.4 RMB billion in 2007. Guiyang manufactures industrial, mining, railway equipments and automobile tires. It also produces fertilizers, glass, paper, and other consumer goods. The long-term objective is to turn Guiyang into a recycling economic eco-city. Thus, one of Guiyang’s greatest challenges would be to have a sustainable development, balancing the benefits and costs of environmental degradation and economic expansion.

 

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

 

 

Similar to its nominal GDP, Guiyang’s nominal GDP per capita has doubled from 9, 015 RMB in 2001 to 19, 280 in 2007. This trend would probably decelerate in the years to come as Guiyang pushes for sustainable development. Other factors that come into play would include: environmental concerns and population growth. However, if Guiyang has successfully adopted the circular economy, the non-material aspect of the standard of living of the people, especially, with regards to having a less polluted environment, would improve tremendously. Countries would also use Guiyang as a point for reference in times to come.

 

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

 

 

Guiyang’s government finance revenue is on a rising trend. The government finance revenue has nearly tripled from 3 RMB billion in 2001 to 8 RMB billion in 2007. The largest increase occurred in 2005 with a 26% growth relative to 2004. The growth is expected to continue as increasing number of companies is tapping on the “green” industries.

 

Below is the chart of Guiyang government finance revenue and trends from year 2001 - 2011:

 

Guiyang government finance revenue

 

Total investments in fixed assets of Guiyang has up from 15 RMB billion in 2001 to 50 RMB billion in 2007, representing a 3.3 times increase over the period of six years. Guiyang strengths lie in its minerals, energy, location and ecological tourism. Furthermore, Guiyang is intensifying its work on reform and opening-up constantly, expediting investment promotions by tapping on its own advantages and overall planning capabilities. Several international enterprises among Global 500, such as Wal-mart, Microsoft, and Kyocera have already invested in Guiyang. And the number is expected to grow in the future.

 

Below is the chart of Guiyang total investments in fixed assets and trends from year 2001 - 2011:

 

 

 

 

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