In 2010, Changsha’s GDP was RMB 454.7 billion with an annual growth rate of 21.4% — much higher than the national average of 18.7%
–– Changsha’s GDP ranked second among central cities in 2010
–– Industrial structure is improving. The ratio of agriculture, manufacturing and services was 4:54:42 in 2010 from 7:44:49 in 2006. This indicates a more rapid growth in industrial output (26% compound annual growth rate from 2006 – 2010)
• In 2010, Changsha’s GDP per capita was USD 10,000 — 2.2 times the national average, and first among the six central capitals
CETZ and Dahexi
Changsha National Economic and Technology Development Zone (CETZ)
• CETZ was established in 1992, and was named a National Economic and Technology Development Zone by the State council in 2000
• It ranked 6th among “China’s Most Investment Potential Zones” and was the only five-star development zone among the other six inland provinces. It was named a “Model of Machinery Base of National New-pattern Industrialization” which was approved by the Ministry of Industry and Information Technology
• In 2010, CETZ reached a total industrial output of RMB 91.5 billion and has maintained a 30% growth rate
–– construction machinery, automobiles and parts were the two leading industries, contributing more than 80% to total outputs
–– construction machinery made up 71% of this with a total industrial output of RMB 64.6 billion
• Located in the western end of the Xiang River, Dahexi Zone was established in 2008 and covers Yuelu, CHTIDZ, Wangcheng and Ningxiang with a total land of 1,200 square metres. It is comprised of a three phased processing area aimed to facilitate the setting up process for enterprises
• Industry development relies on CHTIDZ as the main body, which NXETZ and Wangcheng EDA are subsidies primarily made up of the high-tech industry, cultural and creative industries, as well as modern services and modern agriculture. They also serve as a base for setting up and processing of new raw materials, energy conservation and environment protection and advanced manufacturing
• In the past three years, Dahexi Zone has maintained rapid development and direct investment
–– Dahexi Zone had a total GDP of RMB 300 billion with a year-on-year growth rate of 18%, and a total industrial output of RMB 400 billion, or 41 percent of the total industry output of Changsha. The proportion of agriculture, manufacturing and services changed to 8:63:29 in 2010 from 16:48:36 in 2008 respectively
–– Total investment into the area was over RMB 120 billion. Emerging industries accounted for 67% of the total investment and 50% (1,000 projects) of the total number of projects
• According to the “12th Five-Year Plan”, Dahexi Zone is expected to form a major
industry focus on high-tech and modern services, with an anticipated output of
over 60 percent of the service industry
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
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