Economy of Changsha

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Changsha is one of the most developed cities and economic centres in China. Changsha's GDP was 932.37 billion RMB in 2016, a year-on-year growth of 9.4% from the previous year, which would rank it No.13 in the country.[1][2] Its GDP per capita was 123,681 RMB, an increase of 7.0% from the previous year. Changsha's primarily, secondary, and tertiary industries were worth 37.95 billion RMB, 451.323 billion RMB, and 443.952 billion RMB.[3] In 2013, the financial news portal Yicai.com published its first edition of a list of ranking cities in China, with Changsha being included as one of 15 new first-tier cities.[4] In 2017, Changsha made its way into the 1-trillion-yuan GDP club with its GDP of 1.02 trillion RMB, becoming the 13th city in China with a GDP of one trillion yuan (154 billion US dollars).[5][6] In 2021, Changsha's GDP (nominal) was 1.32 trillion yuan (208 billion US dollars) with its per capita over $20,000 (nominal) and over $30,000 (PPP), which is considered as a high-income status by the World Bank and a primary developed city according to the international standard.[7][8][9]

Agricultural production of Changsha has shied from traditional mode to modern mode. The four industrial belts of grains, tea, flowers and aquatic products have formed a certain scale. Changsha is committed to giving full play to the advantages of rice industry, aiming to build international rice capital. In the whole year of 2016, the agriculture, forestry, animal husbandry and fishery of Changsha realized on increase of RMB 58,360,000,000. The grain planting area of the whole year was 3,730 km2 (1,440 sq mi) of which the planting area of paddy was 3,360 km2 (1,300 sq mi). The planting area of high quality paddy accounted for 78.8%, that of vegetables was 1,720 km2 (660 sq mi), that of oil plants was 5,600 km2 (2,200 sq mi), a rise of 1.1%, and the number of pigs ready for slaughter was 737,680,000. The yields of its major agricultural products remained stable. There were 5689 agricultural product processing enterprises in Changsha, of which 76 were state-level or provincial-level enterprises. There were 7,273 farmers' specialized cooperative organizations, the number of the farmers registered in organizations was 167,200, and the number of the farmers that got involved was 331,900. The total power of agricultural machinery reached 595.9 kilowatts, the total cost of agricultural machinery was RMB 2,998,000,000 and the machinized planting and harvest for rice accounted for 75.7%.[3]

Secondary industry

Tertiary industry

References

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