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WELCOME TO GUANGXI. Economic Development in Guangxi. Location: in the South of China. Land Area: 230, 000 Square KM. Economic Development in Guangxi. Ethnic Groups 48 Million People. Economic Development in Guangxi. Natural Resource—— Hydropower.
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Economic Development in Guangxi Location: in the South of China Land Area: 230, 000 Square KM
Economic Development in Guangxi • Ethnic Groups 48 Million People
Economic Development in Guangxi • Natural Resource——Hydropower
Economic Development in Guangxi • Natural Resources——Minerals
Economic Development in Guangxi • Natural Resources——Marine
Economic Development in Guangxi • Natural Resources——Agriculture
Economic Development in Guangxi • Natural Resources——Tourism
Economic Development in Guangxi • Three Engines for Development • China’s Western Development Program • China’s Entry into WTO • China-Asean Free Trade Area
Economic Development in Guangxi • GDP IN 2003: ¥273.3 billions, up 10.2%. • GDP PER CAPITA IN 2003: ¥5,964, up 9.4% • FIRST:SECOND:TERTIARY 23:37:40
Economic Development in Guangxi • 2003 INVESTMENT IN FIXED ASSETS • ¥98.7 billions, up 18.2%, • the largest amount since 1949. • the biggest increase since 1999. • NEWLY LAUNCHED PROJECTS: 5,399 projects, of which 200 are key ones.
Economic Development in Guangxi • FOREIGN TRADE • Trading Partners: up to 140 countries or regions. • Accumulated Import and Export : $32 billions • Annual Average Trade Volume: $2.5-3.5 billions • One of the Top 3 in 12 western provinces
Economic Development in Guangxi • FDI IN GUANGXI • Accumulated FDI : $11 billions, the first place in 12 western provinces. • FDI in 2003: $690 millions, up 11.6%, • 28 of Top 500 TNCs invested in Guangxi in 2003. INVESTMENT ROM OTHER PROVINCES : ¥11 billions for 1700 projects.
Economic Development in Guangxi • Industry Development • A set of advantageous industries • A good basics for industrial co-operation.
Economic Development in Guangxi • Sugar industry Annual output: 6 million tons of refined cane-sugar
Economic Development in Guangxi • Electric Power Industry • A base for “ West to East Electricity Transfer Program ” • The installed capacity in 2003: 7,720 Megawatt • The available capacity in 2010: 25,600 Megawatt • The available capacity in 2020: 50,000 Megawatt
Economic Development in Guangxi • Electric Power Industry Laibin Power Plant B
Economic Development in Guangxi • Electric Power Industry Longtan Hydropower Project, the 2nd largest in China
Economic Development in Guangxi • MACHINERY INDUSTRY
Economic Development in Guangxi • MACHINERY INDUSTRY
Economic Development in Guangxi • Automobile Industry • 200,000 units in 2003 • 500,000 units in 2005
Economic Development in Guangxi • Aluminum Industry • Alumina : 800,000 tons/year • Aluminum: 130,000 tons/year Pingguo Aluminum Co.,Ltd
Economic Development in Guangxi • Integration of Forest, Pulp, Paper
Economic Development in Guangxi • Metallurgy Industry Iron&Steel Output in 2003: 2.5 millions tons/year Iron&Steel Output in 2005: 5.0 millions tons/year
Economic Development in Guangxi • Building Materials Industry Cement Output in 2003: 26.65 million tons
Economic Development in Guangxi • Medicine Industry
Economic Development in Guangxi • Food Processing Industry
Economic Co-operation with Asean Countries • Locational Advantages of Guangxi
Economic Co-operation with Asean Countries • The Most Convenient Gateway —by Land • International Railway Networks : linked with Pan-Asia Railway • International Highway Networks: linked with Pan-Asia Highway
Economic Co-operation with Asean Countries • The Most Convenient Gateway —by Air ● ● Nanning-Hanoi 30 minutes Guilin-Bangkok: 2 hours ●
Economic Co-operation with Asean Countries • The Most Convenient Gateway—by Sea Seaports’ Capacity: 20 million tons/year
Fangcheng---haiphong 151 miles Fangcheng---Bangkok 1439 miles Fangcheng---Jakarta 1720 miles Fangcheng---Singapore 1368 miles Fangcheng--Manila 866 miles
Economic Co-operation with Asean Countries • Asean: The Biggest Trading Partner of Guangxi Trade Volume in 2003: $830 millions, up 31.66%.
Economic Co-operation with Asean Countries • Asean: The 2nd Biggest FDI Source of Guangxi 342 Investment Projects Total Investment Amount: $660 millions.
Economic Co-operation with Asean Countries • Goods for Further Co-operation • Agricultural Goods, building materials, minerals, textile and garments, home appliances, Chinese medicine, etc. • Fields for Further Investment • Electricity Generation, Sugar Refinery, Medicine making, Agriculture, Machinery, Tourism, Logistics, etc.
Economic Co-operation with Asean Countries • Guangxi: An Emerging Logistics Center
Economic Co-operation with Asean Countries • A Brand-new Platform for Further Co-operation
Economic Co-operation with Asean Countries • A Much Brighter Future the Co-operation Between Asean and Guangxi