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  General survey
  Economic position
  Key Industries
  Foreign Trade
  Foreign Investment
  Investment in Overseas
 
 
 
 
 

 

 

 

General Survey (2012)

Facts and Figures of Jiangsu Province

Location and People

Jiangsu Province is situated in the eastern part of China by the Yellow Sea and at the downstream areas of the Yangtze River, bordering Shanghai. The Yangtze River flows from west to east, and the Beijing-Hangzhou Grand Canal runs from north to south through the province. The province covers an area of 102,600 square kilometers, 1.06% of the total area of the country. There are some low hills and hilly land dotting the southwest and northern borders, covering 14% of the province¨s total area. The area of plains covers 69% and the water surface takes up 17% of the province. By the end of 2012, the total population of Jiangsu was 79.19 million, 5.8% of the nation¨s total, leaving Jiangsu to be the most densely populated province in China with an average of 771 persons per square kilometer. Nanjing is the capital of the province.

Infrastructure

By the end of 2012, the province has built 154,000 kilometers of roads, of which 4,371 kilometers are express highways. The 300 kilometer-long express high way between Shanghai and Nanjing, with four lanes on each direction, is one of the busiest express highways in China. Jiangsu has 9 airports. The Nanjing Lukou International Airport has passenger service to other Asian countriesEurope and Australia. There are 2,300 kilometers of railway lines in Jiangsu Province. The construction of the high-speed railway between Beijing and Shanghai with a total length of 1,318 kilometers was started in April 2008 and completed in Dec. 2011. Now it takes only 3 hours and 45 minutes to cover 1032 kilometers of distance from Nanjing to Beijing. There are light-track railways in Yangtze Delta linking Nanjing, Shanghai, Hangzhou and other major cities. By 2012, the province has 23.7 million fixed telephone line subscribers, 74.71 million mobile phone subscribers, and 14 million internet subscribers.

Science and Education

Jiangsu is one of the most advanced provinces in science and education in China. Now there are 6300 science and technology R&D institutions and 126 higher learning institutions. The number of state-lever and provincial-level engineering (technology) centers as well as laboratories all ranks in the front of the country.

Economy and Potential

Jiangsu Province is one of the most economically developed regions in China. In 2012, the GDP of the province reached RMB 5405.8 billon (USD 860 billion), ranking the second place in China, taking up 10.4 % of China¨s total. GDP per capita was USD 10,873, ranking the first place among all provinces in China. The mainstays of Jiangsu¨s industry are electronics and telecommunication equipment, petro-chemicals, textiles, metallurgical industry and machinery building. In 2012, the added value in industry was RMB 2,712.2 billion, increased by 11% over the previous year. The ratio of different industries in Jiangsu's GDP is: primary industry 6.3%, second industry 50.2%, third industry 43.5%.

Foreign Trade and Economic Cooperation

Jiangsu Province ranks the second by volume of foreign trade in the country. In 2012, the import and export volume of the province reached USD 548.09 billion, showing an increase of 1.5% over the previous year, of which USD 328.54 billion was for export, up 5.1% and USD 219.56 billion was for import, down 3.3%. By the end of 2012, the accumulated amount of foreign investment in Jiangsu actually paid in exceeded USD 242.6 billion. Jiangsu Province is actively starting to engage in overseas investment and technological cooperation. In 2012, there was a big surge in oversea investment by Jiangsu province. By the end of 2012, Jiangsu has made some USD 13.8 billion investment in more than 130 countries and regions.

Development Zones in Jiangsu

Jiangsu is taking a lead in the building of various Development Zones in China. At present, there are 125 Development Zones including 26 State-level ones and 99 Provincial-level ones in the province. Those Development Zones have become demonstration zones of open economy, concentrated locations of FDI, international trade and technological innovation.

Future Focus

Jiangsu is at the critical turning point of shifting its economic structures. Resources and emphases will be given to the following industrial sectors:

  • new energies
  • new materials
  • bio-technology and bio-medicines
  • energy-saving and environment protection
  • internet of things and cloud computing
  • new generation of information technology and software
  • high-end equipment and machineries
  • new-energy automobiles
  • smart grid
  • off-shore engineering equipment