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Anhui demographic analysis and economy overview

 

Within the period 1997-2007, the population has grown by 5.4% from 61.3 million (ranking 8th in China) in 1997 to 64.6 million in 2004. However, in the subsequent years, there is a declining trend to 61.2 million people in 2007, representing a drop by 5.3% in a period of 3 years. In 2007, urban residents make up 38.7% of the total Anhui’s population. The Han makes up the vast majority of the population while the She and Hui nationalities are the two largest groups of minorities. The total population covers an area of 139, 400 square kilometers. Currently, the population faces the problems of gender ration imbalance and ageing issues.

 

Below is the chart of Anhui total population and trends from year 1997 - 2008:

 

 

 

Nominal GDP of Anhui has been on a rising trend from 267 RMB billion in 1997 to 736 RMB billion in 2007, representing a 2.8 times jump during this period of time. In 2007, the added value of primary industries contributes approximately 121 RMB billion, up 4.1% since 2006; secondary industries contribute 328 RMB billion, up 19.3% while tertiary industries make up 285 RMB billion, up by 12.3%. The private sector has been developed extensively with the number of newly founded private enterprises reached 17,000 in 2005. Besides, some breakthroughs have been made in the aspect of local financial reform.

 

Below is the chart of nominal GDP and trends of Anhui province from year 1997 - 2008:

 

 

Anhui’s nominal GDP per capita has risen from 4360 RMB billion in 1997 to 12, 000 RMB billion in 2007, representing a 2.8 times growth over a period of ten years. Not only GDP per capita is on an upward trend, financial revenue has risen by 34.4%, average per capita salary of on-the-job employees has increased by 25.6% while the rural annual net income per capita has climbed by 18.4%, signifying rapid progress in the province economy and standard of living of the population.

 

Below is the chart of Anhui nominal GDP per capita and trends from year 1997 - 2008:

 

 

In 2007, Anhui’s GDP mainly derived from both the manufacturing and service sectors constituting to 37% and 39% of the total GDP respectively. Anhui’s equipment manufacturing industry centre on the manufacturing of engineering machinery, electric appliances and automobiles, with Wuhu city being one of the key air conditioner production bases in China. As for service industries, finance, insurance and real estate are the key aspects that fuel the growth of the service industries.

 

Below is the chart of Anhui GDP by agricultural sector, manufacturing sector, construction sector and service sector for the year 2008:

 

Anhui GDP by industry

 

 

Total investments in fixed assets of Anhui province has surged from 68 RMB billion in 1997 to 509 RMB billion in 2007 by 7.5 times over a period of ten years. Foreign investments largely derived from Hong Kong, Germany, Singapore, Japan and UK. Foreign projects mainly dwelt with machineries, electronics, textiles, chemicals and metallurgy. World top 500 enterprises such as Sanyo, Citigroup, Hitachi, Mitsubishi and Siemens have invested in Anhui province. Hefei is one of the major cities to draw foreign investments.

 

Below is the chart of Anhui total investment in fixed assets and trends from year 1997 - 2008:

 

 

 

 

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