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Dalian demographic analysis and economy overview

 

Dalian is Liaoning Province’s second largest city by population. Population of Dalian has grown by 5.5% from 5.5 million in 2001 to 5.8 million in 2007. Urban population consists of 3.4 million, accounting for 58.3% of the total population, rural population which consists of 2.4 million that accounts for 41.7% of the total population. It is noted that the Program for Rewarding and Assisting Certain Rural Households Having Practiced Family Planning was improving steadily with birth rates in compliance with policies.

 

Below is the chart of Dalian total population and trends from year 2001 - 2008:

 

 

 

Dalian’s nominal GDP has surged by 153% from 123.6 RMB billion in 2001 to 313.1 RMB billion in 2007. The largest growth occurred in 2007 with a 22% growth rate from the previous year. In 2007, primary industry output made up of 24.8 RMB billion, secondary industry 153.7 RMB billion and tertiary industry 134.7 billion. Thus, it can be seen that secondary and tertiary industries which made up of 49.1% and 43% respectively represents considerable heavy proportions of the total GDP. The key industries in Dalian are in the fields of software, petrochemical, metallurgy, machinery and shipbuilding. Nominal GDP of Dalian would be expected to grow as Dalian strives to develop into an international shipping center.

 

Below is the chart of nominal GDP and trends of Dalian city from year 2001 - 2008:

 

 

Dalian’s nominal GDP per capita has soared by 143% from 22, 280 RMB in 2001 to 54, 150 RMB in 2007. Similar to its nominal GDP, the largest increase occurred in 2007 with a 21% increase from the previous year. In 2006, the urban residents’ disposable income per capita is 23, 350RMB- a 11.3% increase from 2005. Rural residents’ net income per capita is 6, 980 RMB- an 18.3% growth from 2005. GDP per capita will continue its upward trend as Dalian faces rapid advancement in areas of Information Technology and international trade.

 

Below is the chart of Dalian nominal GDP per capita and trends from year 2001 - 2008:

 

 

Significant increase in Dalian’s government finance revenue can be witnessed from 2001 to 2007. In 2001, Dalian’s government finance revenue amounted to 10 RMB billion. However, in 2007, there is a 170% growth in value to 27 RMB billion in 2007. The biggest growth occurred in 2007 with a growth rate of 37% from the previous year. This substantial growth is also the largest growth since 1985 when Dalian was listed as a separate budgetary city. The rise is due to the increase in city level, district and county level revenue.

 

Below is the chart of Dalian government finance revenue and trends from year 2001 - 2008:

 

Dalian government finance revenue

 

Dalian’s total investment in fixed assets has multiplied from 25 RMB billion in 2001 to 193 RMB billion in 2007. The rapid increase is due to an expansion in social fixed assets, construction projects and real estate development. The amount of investments will continue to increase as the scale of infrastructure investment continues to develop. Between 2007- 2008, 180 construction projects are being carried out. Furthermore, there are plans by the government to strengthen Dalian role of international shipping centre, further optimization and upgrading of industrial structures. All these serve as opportunities for investors to tap on.

 

Below is the chart of Dalian total investments in fixed assets and trends from year 2001 - 2008:

 

 

 

 

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