ProjectGold-strictlyconfidentialMacroReportJiangsuprovinceDraft05-2003JiangJiangssuu3Strictlyconfidential–discussiondraftMacroeconomicsummaryJiangsuhasthesecondlargestabsoluteGDP,is6thinpercapitaGDPand8thindisposableincomeofalltheprovincesinChina.DividedintwobytheYangziRiver,thesouthernpartofJiangsuisthebackboneofitseconomyandcomprisesalmost60%ofitstotalGDP,withonlyonethirdofitspopulationbutmostoftheaffluentcities.Thenorthernareashavehistoricallylaggedbehindthesouthinoveralleconomicdevelopmentduetothelogisticsproblemscausedbytheriver.ThefirstrailcrossingoftheriverisatNanjing.Jiangsuhasseveralspecialeconomicdevelopmentzones,withSuzhouandWuxibeingamongstthemostsuccessfulinthecountry.TheeconomyinJiangsubenefitsfromthespill-overeffectsofthefastgrowingShanghaieconomy.Intermsofmarketopportunities,thesouthernpartofJiangsulooksmoreattractivethanthenorthduetoitshigherincome,moredevelopedeconomy,populationdensityandtransportlinks.However,eachmaincityisofasimilarsizeandtheremaybeprotectedlocalchampions.4Strictlyconfidential–discussiondraftKeyMunicipalitiesCounty/CityArea(Km2)Suzhou58,488Nantong68,001Yangzhou46,638Nanjing46,598Taizhou45,790Wuxi24,650Changzhou34,375Zhenjiang43,843--------------------------------------------------------------KeyTotal3248,383ProvinceTotal58100,695Key/Province48%PoliticalgeographyWithitscapitalinNanjing,Jiangsuprovincehasatotalof13municipalities,butthemajorsevenareallinthesouthernpartoftheprovinceandrelativelyclosetoeachother.TogethertheyoccupynearlyhalfofthetotallandareainJiangsu.SuzhouYangzhouNanjing13Municipalities13MunicipalitiesWuxiChangzhouTaizhouNote:Sizeofthecirclerepresentsthearea.Largercirclemeanslargerarea.ZhenjiangYangziRiverNantong5Strictlyconfidential–discussiondraftDemographicsMorethan56%ofJiangsu’spopulationisconcentratedinthesouthernpartoftheprovince.DensityisrelativelyhigharoundNanjing,Nantong,Wuxi,TaizhouandXuzhou*Datafrom2001statisticsSouthernareaNote:Sizeofthecirclerepresentsthepopulationsize.Biggercirclemeansbiggerpopulationsize.SouthernareaSuzhouWuxiNantongZhenjiangChangzhouYangzhouTaizhouNanjingLianyungangSuqianHuai’anYanchengXuzhouKeyMunicipalitiesUrban/townRuralTotal(inthousands,year2001)Nantong2,5204,9937,513Suzhou3,8772,9156,792Nanjing4,3551,7716,126Wuxi2,9632,1245,087Taizhou1,8862,9004,786Yangzhou1,9592,6304,589Changzhou2,0371,7393,776Zhenjiang1,4351,4102,845-------------------------------------------------------------------------------Keymunicipalitiestotal41,514Provincetotal73,043Populationconcentration•Southernarea:56%ofthetotalpopulationPopulationperKm2600-800<600>8006Strictlyconfidential–discussiondraftGDPandgrowthRanked2ndamongstallprovinces,Jiangsuhasastronglygrowingandlargeeconomy.ForeigninvestmenthasplayedasignificantroleinJiangsu’seconomicgrowthinthepastseveralyearsandthistrendwilllikelycontinuewithambitiousdevelopmentplans.Buildingonitsgrowthmomentum,theoveralleconomyandmarketpotentialinJiangsuwillpresentagreatnumberofbusinessopportunitiestolocalandforeigninvestorsalike.1998199920002001JiangsuGuangdongFujianZhejiangTotalGDP(Rmbinbillion)720770858951JiangsuProvince•RankedsecondinGDPamongallprovinces*•RankedsixthinpercapitaGDP*•RelativestableandhighgrowthintotalandpercapitaGDP199920002001GDPGrowthratePercapitaGDPGrowthRateGrowthRatesPerCapitaGDPRmb10,02110,66511,77312,9927%6%11%10%11%10%*Includingnotonly...
