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Lanzhou demographic analysis and economy overview
Population of Lanzhou (capital of Gansu province)
has increased by 6.7% from 3.0 million in 2001 to
3.2 million in 2007. The total population covers an
area of 13, 100 square kilometers, having a
population density of 244.3 per square kilometers.
Below is the chart of Lanzhou total population and trends from year 2001 - 2008:
Nominal GDP of Lanzhou has doubled from 24.9 RMB
billion in 2001 to 73.3 RMB billion in 2007. In
2006, 3.6% of the GDP constitutes to primary
industry; 45.5% secondary industry while 50.9% of
the GDP is made up of tertiary industry. Main
industries of Lanzhou include textile mills,
rubber, fertilizer plants, oil refinery, petrochemical,
machinery, and metallurgical industries. In recent years, with
continuous restructuring of the industries,
high-tech industries such as high molecular
synthetic material, biological medicine, and
chemical refining, new building materials, have
advanced rapidly, thus, becoming the latest economic
growth engines of Lanzhou’s economy. Lanzhou is also
a petrochemical base and home to PetroChina Co.
Ltd.'s largest refinery in western China.
Below is the chart of nominal GDP and trends of Lanzhou city from year 2001 - 2008:
Lanzhou’s nominal
GDP per capita has grown by 95.1% from 11, 763 RMB in 2001 to 22, 950 RMB in
2007. GDP per capita of Lanzhou Is expected to continue the rising trend as
it provides attractive conditions for investment by both domestic and
foreign investors. Although, the material aspect of Lanzhou’s population is
improving steadily, one major problem at hand which affects the standard of
living of Lanzhou’s population is the level of pollution. According to the
Blacksmith Institute, Lanzhou is classified as one of the 30 most
polluted cities in the world. However, the efforts in ecological
construction and environmental protection have already begun to take place
and the standard is continuously improving.
Below is the chart of Lanzhou nominal GDP per capita and trends from year 2001 - 2008:
Lanzhou’s
government finance revenue has grown by 2.5 times from 2 RMB billion in 2001
to 5 RMB billion in 2007. With growing economy, especially in the area of
investments, in the next period, government finance revenue of Lanzhou will
continue its upward trend.
Below is the chart of Lanzhou government finance revenue and trends from year 2001 - 2008:
Lanzhou’s total investments in fixed assets has doubled from 17 RMB billion
in 2001 to 36 RMB billion in 2007. The main advantages lie in Lanzhou’s
ability to offer investors reliable and relatively inexpensive energy
supplies and a corresponding transportation network. Furthermore, it has
lower costs of living compared to other cities in China. Besides, Lanzhou’s
government is eager in their efforts to promoting investments such as
streamlining administrative procedures and improving on the level of
transparency. Thus, expansion of future investments in fixed assets is
highly probable as Lanzhou continues to advance.
Below is the chart of Lanzhou total investments in fixed assets and trends from year 2001 - 2008:
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