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Taiyuan (Shanxi) City Information

Major Economic Indicators (2013)
    Land Area (km2)     6,988 (Ranking)
   Population(million)     4.28 (Ranking)
    GDP (RMB billion)     241.29 (Ranking)
    GDP Composition
          Primary Industry (Agriculture)     1.6%
          Secondary Industry
(Industry & Construction)
    43.6%
          Tertiary Industry (Service)     54.8%
    GDP Per Capita (RMB)     56,547 (Ranking)
    Unemployment Rate     3.35%
    Fixed Asset Investment (RMB billion)     167.07 (Ranking)
    Actually Utilized FDI (USD million)     944 (Ranking)
    Total Import & Export (USD million)     9,163 (Ranking)
          Export (USD million)     5,295 (Ranking)
          Import (USD million)     3,868 (Ranking)
    Sales of Social Consumer Goods (RMB billion)     128.15 (Ranking)
Source: Taiyuan Economic and Social Development Report 2013

 
Introduction
 
Taiyuan, which is the capital of Shanxi Province, boasts a history spanning over 2500 years, and is at the center of Shanxi’s politics, economy and culture.

Taiyuan is located in the middle reaches of the Yellow River in Northern China, and is surrounded by hills in its West, North and East. Taiyuan is rich in mineral resources, the majority of which are coal, iron and gypsum.

Taiyuan is one of the transportation hubs of Northern China. The Taiyuan Railway Station is the largest freight station in the province, and the largest coal transport station in Northern China. In addition, Taiyuan has more than fifty air routes to both domestic and overseas airports.
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Economic Features
 

Taiyuan is the largest economy of the province. The city realized a GDP of RMB 241.29 billion in 2013, up 8.1% year on year, ranking first in the province. The value added output from primary industry, secondary industry and tertiary industry reached RMB 3.87 billion, RMB 105.21 billion and RMB 132.21 billion, comprising 1.6%, 43.6% and 54.8% of the city’s GDP, respectively.

In 2013, the value added industrial output from the enterprises with designated size and above totaled RMB 77.09 billion, with an increase of 10.1% year on year. Heavy industry dominates the city’s industrial sector. Heavy industry and light industry generated RMB 69.49 billion and RMB 7.61 billion in value added industrial output, accounting for 90.1% and 9.9% of the city’s total, respectively.

The pillar industries of Taiyuan include metallurgy, coal mining and dressing, petrochemicals, electronics, heat and electrical power supply, equipment manufacturing, special purpose equipment manufacturing, chemicals, tobacco and transportation equipment manufacturing. The combined value added industrial output of the pillars amounted to RMB 64.7 billion, accounting for 83.9% of the industrial sector.

In 2013, sales of consumer goods rose 13.5% to RMB 128.15 billion, ranking first in the province. During the year, more than 36.45 million tourists have visited the city, up 23.9% year on year. The tourism income rose 21.7% to RMB 41.35 billion.

In 2013, Taiyuan’s total foreign trade reached US$9.16 billion, increased 8.2% from 2012. The export value increased 24.8% to US$5.3 billion, while import value declined 8.5% to US$3.87 billion. Export of coal amounted to US$158 million. 

Within the same year, the city has approved 18 foreign invested enterprises to set up business in the city, while the utilized FDI amounted to US$944 million, increased 20.7% year on year. Major investment partners include South Korea, the British Virgin Islands and Hong Kong.

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Cultural Highlights
 
Taiyuan is a famous historical and cultural city, and was named the “City of Dragons”; the reasoning behind that was that it had been appointed as the capital for many dynasties, including Pre-Qin and Northern Qi dynasties.
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Tourist Attraction
 
Taiyuan is rich in ecological tourist resources, and many historic and cultural relics. The beautiful Fenhe Park extends throughout the city. The lofty Twin-Pagodas of Yongzuo Temple, built during the Ming Dynasty (1368-1644), have become significant models in Chinese architecture. The Dragon Mountain Grottoes in Taiyuan are the largest Taoist grottoes in the country.

Taiyuan is famous for its Fenjiu liqueur and Zhuyeqing liqueur which are the oldest liqueurs in China. In addition, mature vinegars are also a staple foodstuff of the city.
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Major Development Zones
 

By the end of 2010, Taiyuan had two state-level development zones.

Name
Area (km²)
Pillar Industries
GDP in 2010
(RMB billion)
Taiyuan Economic and Technological Development Zone
9.6
Information technology, food and bio-medicine, machinery, electrics, automobiles, new building materials
5.88
Taiyuan National High-tech Industrial Development Zone
60.8
Information technology, optical-mechanical-electronic integration, new materials, energy efficiency and environmental protection, medicine and bio-engineering 32.2
Source: National Development and Reform Commission
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Honors

"Advanced city in Foundation of Cultured and Civilized City Work" (2005)
- Civilization Office of the Central Communist Party Committee

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