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Jilin demographic analysis and economy overview
Total population of Jilin province has grown from
26.3 million in 1997 to 27.3 million in 2007,
representing a 3.8% growth over a period of ten
years. Urban residents make up 53.2% of the total
population, while rural residents account for 46.8%.
There are 48 groups of minorities which include
Mongols, Mans, Koreans etc which form 10% of the
total population.
Below is the chart of Jilin total population and trends from year 1997 - 2009:
The economy of Jilin province has witnessed upward
growth with the implementation of policy “Northeast
China Revitalization” in 2003. Nominal GDP of Jilin
has jumped from 145 RMB billion in 1997 to 529 RMB
billion in 2007, reflecting a 3.7 times increase
over the years. In 2008, Jilin's foreign trade
volume managed to rise by 29.5% from 2007 amid the
global economic recession. In addition, domestic
market in Jilin also kept up as retail consumer
goods have grown by 24.3%. Nominal GDP of Jilin
province is expected to its upward trend as it
carries on restructuring state owned enterprises,
attracting foreign funds, and speeding up the
development of efficiency-orientated industries.
Below is the chart of nominal GDP and trends of Jilin province from year 1997 - 2009:
Population's
standard of living has been constantly improving as seen from the increase
in the province’s GDP per capital and residents' income. Jilin’s nominal GDP
per capita has risen from 5, 500 RMB In 1997 to 19, 360 RMB in 2007,
reflecting a 3.5 times increase over a period of ten years. In 2007, the
urban residents’ annual disposable income per capita has reached 11, 290
RMB, up 5.5% from the previous year, while the net income of rural residents
reached 4,190 RMB, an increase of15.1% relative to 2006.
Below is the chart of Jilin nominal GDP per capita and trends from year 1997 - 2009:
The manufacturing
plays a major role in the economic development of the province. In 2007, the
manufacturing sector contributes 41% to the total GDP. Jilin’s pillar
industries include: automobile manufacturing, petrochemicals, food
processing and pharmaceuticals industries. Its key advantage lies in the
automobile manufacturing. One of Fortune top 500 companies-First Automotive
Works (FAW) in Changchun is the pioneer of China’s automobile industry. In
2006, FAW has produced 1.2 million automobiles with a production value
amounting to 179 RMB billion. Jilin’s service industry has experienced rapid
growth in recent years. In 2007, the service sector contributes to 38% of
the total GDP. This is mainly due to speedy development in both logistics
and exhibition industries. Subsequently, the agricultural sector contributes
15% to the total GDP. Jilin is a major grain producer with grain output
accounting for 5.5% of China’s total output.
Below is the chart of Jilin GDP by agricultural sector, manufacturing sector, construction sector
and service sector for the year 2009:
Total investments
in fixed assets of Jilin province has surged from 36 RMB billion in 1997 to
365 RMB billion in 2007, reflecting a 10 times leap in a period of ten
years. Changchun and Jilin City are the two leading cities in drawing
foreign investments to the province. In 2009, Governor Han has revealed
plans to substantially increase the Jilin’s grain output. The plan consists
of numerous large-scale projects such as the promotion of modern farming
equipment and technologies, upgrading of farmlands and building of
agricultural infrastructure projects. These projects would open an array of
opportunities for investors.
Below is the chart of Jilin total investment in fixed assets and trends from year 1997 - 2009:
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