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Jinan demographic analysis and economy overview
Jinan’s (capital city of Shandong Province)
population has grown by 5.3% from 5.7 million in 200
to 6.0 million in 2007. Jinan covers an area of 8,
200 square kilometers with 3, 300 square kilometers
of urban area. There are 48 nationalities in Jinan.
In 2007, 98.2% of the people are of the Han
nationality, and the minorities account for 1.8% of
the population.
Below is the chart of Jinan total population and trends from year 2001 - 2008:
Jinan’s nominal GDP has leaped upwards from 1066 RMB
billion in 2001 to 256.3 RMB billion in 2007-
reflecting a 140% growth over the period of six
years. In 2006, primary industries including
agriculture, forestry, animal husbandry and the
fisheries represented 6.6% of Jinan’s nominal GDP;
secondary and value-added industries and
construction represented 45.9%, while tertiary
sector represented 47.5%.This has proven the heavy
weights placed on both the secondary and tertiary
sectors for Jinan’s economic development. In 2007,
total imports and exports amounted to 218 billion US
dollars, an increase of 41.7% from 2006. With the
increasing pool of high-quality labor resources and
focus on technology intensive industries, continuous
growth in Jinan’s nominal GDP would be highly
probable.
Below is the chart of nominal GDP and trends of Jinan city from year 2001 - 2008:
GDP capita of
Jinan has risen from 18, 700 RMB in 2001 to 42, 400 RMB in 2007- a 2.2 times
jump during this period of time. This trend is expected to continue to rise
in the next period. Standard of living will also increase as Jinan not only
gets to enjoy progress in the economic aspect, other areas such as
education, science, medical and sports are advancing simultaneously, thus,
having an all-rounded development.
Below is the chart of Jinan nominal GDP per capita and trends from year 2001 - 2008:
Jinan’s
government finance revenue has up by 2.7 times from 6 RMB billion in 2001 to
16 RMB billion in 2007. The largest increase occurred in 2007 with a 22%
growth rate relative to the previous year. With constant economic growth,
Jinan’s government finance revenue would be expected to continue to grow.
Below is the chart of Jinan government finance revenue and trends from year 2001 - 2008:
Jinan’s total
investment in fixed assets have escalated from 26 RMB billion in 2001 to 115
RMB billion in 2007- a 4.4 times increase in the period of six years. One of
the factors for the upward trend is attributed to Jinan having an abundance
of natural resources such as: land, minerals, water and biological
resources. Furthermore, Jinan has developed a complex transportation system
consisting of railways, international airlines and expressways. In addition,
Jinan’s vast number of colleges, universities and science research
institutions are able to provide the necessary skilled manpower. Besides,
being one of the nine finance centers of China, Jinan has the capabilities
to provide strong financial support for the investors. Major industries for
investments in Jinan would include: traffic equipment, electronic
information, metallurgy, petrochemical, mechanical equipment, food and
medicine, construction and the service industries.
Below is the chart of Jinan total investments in fixed assets and trends from year 2001 - 2008:
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