Zhengzhou demographic analysis and economy overview
Total population of Zhengzhou (capital of Henan
Province) has grown from 6.4 million in 2001 to 10.1
million in 2011, representing a 58.1% increase over
the years. The largest increase occurred in 2010
with a growth rate of 31.7% relative to the previous
years. The population covers a total area of 7446
Below is the chart of Zhengzhou total population and trends from year 2001 - 2011:
Nominal GDP of Zhengzhou increased by 6 times from 82.8 RMB
billion in 2001 to 498 RMB billion in 2011.
Manufacturing and construction constitutes a
substantial proportion (57.7% of GDP) of the city’s
economy, while tertiary sector accounts for 39.6%.
Zhengzhou has more than 50,000 industrial
enterprises engaged in over 100 industrial sectors.
Its main industries include: aluminum processing,
food products, energy, automobile and machinery
Below is the chart of nominal GDP and trends of Zhengzhou city from year 2001 - 2011:
nominal GDP per capita has risen from 12,960 RMB in 2001 to 49,300 RMB
billion in 2011, reflecting a 3.8 tims growth over a period of 10 years. In
2012, the disposable income per capita of the urban residents is 24,246 RMB,
up 12.2%, while the net income per capita of rural residents is 12,531 RMB,
up 13.4% from the previous year. The GDP per capita is expected to grow as
Zhengzhou plans to become a advanced manufacturing base, at the same time,
placing emphasis on development of modern service industries such as
logistics and financial services.
Below is the chart of Zhengzhou nominal GDP per capita and trends from year 2001 - 2011:
finance revenue of Zhengzhou has jumped from 5.2 RMB billion in 2001 to 50.2 RMB
billion in 2011, reflecting a 9.6 times increase over the period of 10
years. This is due to its rapid development in various aspects of the city.
Increasing number of investors has established enterprises in Zhengzhou.
Besides, business environment had been evolving swiftly as well. GDP and GDP
per capita have also been on an upward trend.
Below is the chart of Zhengzhou government finance revenue and trends from year 2001 - 2011:
in fixed assets of Zhengzhou has leaped by 16.8 times from 18 RMB billion in
2001 to 300 RMB billion in 2011. One of the factors is attribute to
Zhengzhou being an integrated transportation and communication hub of China
with railways, expressways, aviation and telecommunication laying the
crucial foundation for investors. Furthermore, investment costs in Zhengzhou
are relatively lower as compared to the cities in eastern coastal areas,
thus, bringing costs advantages and serving as added incentive to investors.
Below is the chart of Zhengzhou total investments in fixed assets and trends from year 2001 - 2011: