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Xi'an demographic analysis and economy overview

 

Total population of Xi’an (capital of Shanxi Province) has grown from 6.9 million in 2001 to 7.9 million in 2011, (with about five million people living within the urban area) representing a 14% increase over a period of 10 years. Majority of Xi’an residents are Han Chinese, which consists of 99.1% of the city's total population.

 

Below is the chart of Xi'an total population and trends from year 2001 - 2011:

 

 

Xi'an is the most industrialized and developed city in the Northwest of China. Nominal GDP of Xi’an have swelled by 5.3 times from 73.4 RMB billion in 2001 to 386.4 RMB billion in 2011. The largest increase occurred in 2009 with a growth rate of 24% relative to previous years. Xi’an main industries include: electronics, machinery, chemical industry, automation, aerospace, aviation and textile industries. The total industrial output value of Xi'an accounts for 21% of the northwest area of China, and 40% of Shanxi Province. Besides, new industries such as pharmaceuticals, medical equipment, biotechnology and new materials have grown rapidly. Furthermore, since China’s reform and opening up, tourism has become a pillar industry in the economic development and a main source of Xi’an foreign reserves.

 

Below is the chart of nominal GDP and trends of Xi'an city from year 2001 - 2011:

 

 

Nominal GDP per capita of Xi’an has leaped from 10,560 RMB in 2001 to 48,800 RMB in 2011, representing a 4.6 times increase over a period of 10 years. The largest increase occurred in 2008 with a growth rate of 23% relative to the previous years. The trend is expected to continue as Xi’an is still in the early developing stage relative to Beijing and Shanghai. Inherent in the city lies abundant development opportunities, investment prospects and industrial capabilities that have not be fully tapped on.

 

Below is the chart of Xi'an nominal GDP per capita and trends from year 2001 - 2011:

 

 

With reform and opening up of the Western China’s economy, Xi’an government finance revenue has climbed from 5.6 RMB billion in 2001 to 31.9 RMB billion in 2011, representing a 5.7 times increase over a period of 10 years. The trend will continue as disposable income and corporate taxes from investments grow.

 

Below is the chart of Xi'an government finance revenue and trends from year 2001 - 2011:

 

Xi'an government finance revenue

 

Since the implementation of western development strategy, Xian's infrastructure construction and economic and social development have made significant achievements. Total investments in fixed assets of Xi’an has soared by 13 times from 26 RMB billion in 2001 to 335 RMB billion in 2011. One factor that lead to an increase in the amount of investments is attribute to the convenient transportation, developed communications and multifunctional urban services that Xi’ an possesses. Moreover, being the leader in aeronautics, aerospace software, and other high value industries, the proportion of technical personnel in Xi’an is the highest in China, thus, providing abundant supply of skilled human resource.

 

Below is the chart of Xi'an total investments in fixed assets and trends from year 2001 - 2011:

 

 

 

 

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