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Taiyuan demographic analysis and economy overview
Total population of Taiyuan (capital of Shanxi
Province) has grown from 3.2 million in 2001 to 3.6
million in 2007, representing a 12.5% increase over
a period of six years. The total population covers a
total land area of 7, 000 square kilometers.
Below is the chart of Taiyuan total population and trends from year 2001 - 2009:
Taiyuan’s nominal GDP has jumped from 38.6 RMB
billion in 2001 to 125.5 RMB billion in 2007,
representing a 3.3 times increase over a period of
six years. Mining constitutes to s significant
portion of the city’s GDP as 21% of industrial
enterprises are in the mining sector. Other major
industries include: metallurgy, machinery and
chemical, textile, light industry, medicine,
electronics, food, building materials and precise
instruments. In addition, the tertiary industry in
Taiyuan has also developed rapidly and has become a
key sector in Taiyuan’s economic advancement.
Sectors such as retail, catering trade, finance,
insurance, real estate and social service have been
growing rapidly, contributing to a larger proportion
to the city’s nominal GDP.
Below is the chart of nominal GDP and trends of Taiyuan city from year 2001 - 2009:
GDP capita of
Taiyuan has climbed from 12, 253 RMB in 2001 to 35, 320 RMB in 2007,
representing a 2.9 times growth over the years. Although the material aspect
of the standard of living of Taiyuan’s population is improving, the
non-material aspect does follow similar trend. This is due to the high level
of pollution present in the city. As China’s largest coal-mining centre, the
costs that are attached is the level of pollution. Taiyuan has been
consistently ranked among the world’s most polluted cities. However, the
government has begun undertaking efforts to monitor the ongoing situation.
Environmental factor plays a crucial role for the sustainable development of
both Taiyuan’s economic and social aspects in the near future.
Below is the chart of Taiyuan nominal GDP per capita and trends from year 2001 - 2009:
Taiyuan’s
government finance revenue has surged by 4.5 times from 2 RMB billion in
2001 to 9 RMB billion in 2007. Most of the revenue has been spent on
development in science and technology, culture and education, health, sport,
social relief and social security.
Below is the chart of Taiyuan government finance revenue and trends from year 2001 - 2009:
Total investments
in fixed assets of Taiyuan has increased by 4.8 times from 12 RMB billion in
2001 to 58 RMB billion in 2007. Investment projects that are encouraged
include: areas in new agricultural technology, synthesis agricultural
development, energy, transportation, essential industrial sources, material
and high-tech, applicable technology that can enhance technical and
economical strength of an enterprise etc.
Below is the chart of Taiyuan total investments in fixed assets and trends from year 2001 - 2009:
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