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Changchun demographic analysis and economy overview
Changchun’s population has grown by 5.6% from 7.1
million in 2001 to 7.5 million in 2007. The fastest
growth rate occurred in 2005 with a growth rate of
1.04%. Currently, Changchun is developing its city
layout to reduce the pressure on its limited land,
support its economic development and to handle the
increasing population.
Below is the chart of Changchun total population and trends from year 2001 - 2008:
Changchun’s nominal GDP has been on an upward trend
from 100.3RMB billion in 2001 to 208.9 RMB billion
in 2007. In 2007, there is a surge in the nominal
GDP of 34.8 billion- a 20% increase from the year
2006. This has been the greatest jump since 2001.
Changchun’s main GDP composition lies in the
secondary industry. In 2007, more than half of the
GDP comprises of the secondary industry, while only
9.6% is made up of the primary sector. The city’s
leading industries are food stuffs, photoelectric
information and automotive. Another point to
highlight is that Changchun is the largest
automobile manufacturing base and has the largest
automobile research and development centre in China.
Below is the chart of nominal GDP and trends of Changchun city from year 2001 - 2008:
Similarly,
nominal GDP per capita of Changchun has been increasing as well. In 2001,
the nominal GDP per capita of Changchun is 14, 212 RMB. After a growth of
97% over the period of six years, the GDP per capita in 2007 amounted to 28,
006. Similar to Changchun’s nominal GDP, the largest surge occurred in 2007
with a 19% increase from 2006’s 23,553 RMB. This is mainly due to the
above-mentioned abrupt increase in nominal GDP relative to a 0.9% increase
in population in 2007.
Below is the chart of Changchun nominal GDP per capita and trends from year 2001 - 2008:
Changchun’s
government finance revenue has more than doubled from 4 RMB billion in 2001
to 9 RMB billion in 2007. Healthy and orderly economic development (as shown
in the rise in the nominal GDP and GDP per capita) has resulted in the
growth of government finance revenue.
Below is the chart of Changchun government finance revenue and trends from year 2001 - 2008:
Investments in
fixed assets has been increasing exponentially from 2001’s 20 RMB billion
to 135 RMB billion in 2007- a 6.8 times growth of 115 RMB billion. This is
partly due to the enhanced efforts made by the government to attract more
investments to Changchun. Another factor is that central government is
currently implementing strategies to revitalize the old industrial bases in
Northeast China. These industrial bases provide tremendous potential and
growth opportunities, sending out positive signals to investors. In 2007, Gao Guangbin- Secretary of the Changchun Committee of the Communist Party of
China has also pointed out. “Launching large projects is an effective way to
enlarge Changchun's overall economic volume.”
Below is the chart of Changchun total investments in fixed assets and trends from year 2001 - 2008:
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