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Urumqi demographic analysis and economy overview

 

 

Total population of Urumqi (capital of the Xinjiang Uyghur Autonomous Region) has grown from 1.7 million in 2010 to 2.3 million in 2007, representing a 35.3% growth over a period of six years. The largest increase occurred in 2007 with a 14.6% growth rate relative to the previous year. Urumqi has a sizeable ethnic minority population which includes Uygur, Kazak, Hui, Mongols etc., making up about 27.3% of the total population.

 

Below is the chart of Urumqi total population and trends from year 2001 - 2009:

 

 

 

Urumqi is the main industry base of Xinjiang region. Besides, Urumqi is the largest consumer center in the region, recording 32.2 RMB billion retail sales of consumer goods in 2007, up 18.2% from 2006. Nominal GDP of Urumqi has surged by 2.6 times from 31.5 RMB billion in 2001 to 82 RMB billion in 2007. The city’s pillar industries include: petrochemical, metallurgy, tourism and textiles industries. In 2006, primary industries sector accounted for 1.5% of the GDP; secondary industries 37% while tertiary industries constitutes to a substantial portion of 61.5% of the GDP.

 

Below is the chart of nominal GDP and trends of Urumqi city from year 2001 - 2009:

 

 

Urumqi’s nominal GDP per capita has doubled from 18, 636 RMB in 2001 to 35, 464 RMB in 2007. In 2007, GDP per capita broke through the 4, 000 USD barrier, ranking Urumqi first among northwestern provincial capitals. In 2006, disposable income per capita of urban residents has increased to 10, 400 RMB. According to statistics, Urumqi is ranked 7th in 2007 in terms of disposable income for urban residents among cities in Western China.

 

Below is the chart of Urumqi nominal GDP per capita and trends from year 2001 - 2009:

 

 

With rapid economic growth, Urumqi’s government finance revenue has jumped by 2.3 times from 3 RMB billion in 2001 to 7 RMB billion in 2007. The largest increase occurred in 2007 with a growth rate of 29% relative to the previous year.

 

Below is the chart of Urumqi government finance revenue and trends from year 2001 - 2009:

 

Urumqi government finance revenue

 

Urumqi has been a central developmental target for the China Western Development project that the Central Government is pursuing. This has lead to total investments in fixed assets doubling from 14 RMB billion in 2001 to 28 RMB billion in 2007.The city targets to further upgrade its secondary sector, with further advancement in tertiary sectors such as tourism, finance and insurance, real estate and community services. Compared with eastern China, Urumqi is still developing, thus providing vast number of opportunities for future growth.

 

Below is the chart of Urumqi total investments in fixed assets and trends from year 2001 - 2009:

 

 

 

 

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