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Xinjiang demographic analysis and economy overview
Total population of Xinjiang Autonomous Region has
grown from 17.2 million in 1997 to 21 million in
2007, representing a 22.1% growth over a period of
ten years. More than 90% of the population is made
up of various non-Han Chinese nationalities. The
largest group is the Uygur- a group of Muslim Turkic
people.
Below is the chart of Xinjiang total population and trends from year 1997 - 2008:
Due to the China Western Development policy, the
region’s economy has been developing rapidly.
Xinjiang’s nominal GDP has climbed from 105 RMB
billion in 1997 to 352 RMB billion in 2007,
reflecting a 3.4 times increase over the years. In
2003, total fiscal revenue reached 26.3 billion RMB-
experiencing growth of 15.8%, with local government
general budgetary receipts accounting for 12.7
billion RMB, up 15.0% from the previous year.
Besides, total value of imports and exports see
growth of 77% from 2002 to US$4.8 billion.
Below is the chart of nominal GDP and trends of Xinjiang autonomous region from year 1997 - 2008:
Xinjiang’s
nominal GDP per capita has swelled from 1, 680 RMB in 1997 to 16, 820 RMB in
2007, reflecting a 2.8 times increase over the years. In 2003, annual income
of urban citizens reached 7,180 RMB, up 3.5% from 2002, while income per
capita of farmers and herdsmen increased by 9.2%- exceeding 2, 000 RMB for
the first time. In 2007, the income per capita of farmers reached
3, 150 RMB- topped 3,000 RMB for the first time. From the above statistics
showing upward growth in nominal GDP per capita and income per capita, it
can be inferred that the living standards of the population are rising as
well.
Below is the chart of Xinjiang nominal GDP per capita and trends from year 1997 - 2008:
Manufacturing
sector of Xinjiang’s Autonomous Region constitutes to a substantial portion
of the region’s GDP. In 2007, the manufacturing industries contribute 40% to
the region’s GDP. Its main industries include: steel, coal, petroleum,
machinery, chemistry, building materials, textile, sugar-making,
paper-making and tobacco industries. The service sector contributes 35% to
the region’s GDP, while the agricultural sector comprises of 18% of the
total. Its main agricultural sectors include: cotton, grain, beet, fruit,
horticulture and livestock husbandry.
Below is the chart of Xinjiang GDP by agricultural sector, manufacturing sector, construction sector
and service sector for the year 2008:
Total
investments fixed assets of Xinjiang Autonomous Region has been on a upward
trend from
45 RMB billion in 1997 to 185 RMB billion in 2007, reflecting a quadruple
growth over a period of ten years. In 2007, most of the foreign investments
are derived from Hong Kong. Besides, most of the investments are channeled
to farming, animal husbandry, manufacturing and wholesale and retail trade
industries. Xinjiang’s has the largest oil, coal and natural reserves
in the country. This would provide alluring incentives for investors. Investments in industries such as: petrochemicals, textiles, red wine and
ketchup industries are being strongly encouraged and would be given priority.
Below is the chart of Xinjiang total investment in fixed assets and trends from year 1997 - 2008:
Related
autonomous regions:
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