StrictlyconfidentialMacroReportZhejiangprovinceDraft05-2003SummaryZhejiangisoneofthesmallestprovincesinChinabylandarea,butitboaststhecountry’s4thhighestpercapitaGDPandabsoluteGDP.Nearly80%oftheprovince’s45.93millionpeopleliveinandaroundsixcities.Hangzhou,theprovincialcapitalcityandNingbo,amajorportcityaccountforabout40%ofthetotalGDPintheprovince.Overthepastfewyears,thenon-stateownedeconomicsectorhasincreaseditsshareofGDPto47%ofthetotal.ApartfromHangzhouandNingbo,theothermajoreconomiccentreisWenzhou,whichisfurthersouthonthecoast.Theinlandregionsarelessdevelopedandborderedbymountainsinthewest.3PoliticalgeographyKeyMunicipalitiesCounty/CityArea(Km2)Hangzhou516,596Wenzhou811,784Taizhou69,411Ningbo69,365Shaoxing58,256Jiaxing53,915--------------------------------------------------------------KeyTotal3559,327ProvinceTotal60103,636Key/Province58%57%11municipalities11municipalitiesZhejiangprovincehasatotalof11municipalities.ItspoliticalandeconomiccentreisconcentratedinsixkeymunicipalitiesinthreeareasaroundHangzhou,NingboandWenzhou.HangzhouWenzhouClusterMountainrangeNingbo4DemographicsNearly80%ofthepopulationliveinthesixkeycities,andabouthalfofitspopulationisurbanisedShaoxingJiaxingHuzhouHuangzhouJinhuaQuzhouLishuiWenzhouTaizhouNingboZhoushanSoutheasternareaHangzhouNote:Sizeofthecirclerepresentsthepopulationsize.Biggercirclemeansbiggerpopulationsize.KeyMunicipalitiesUrban/townRuralTotal(inthousands,year2001)Hangzhou4,0332,8456,879Ningbo3,3232,6405,963Shaoxing2,0952,2094,304Jiaxing1,3612,2223,583Wenzhou3,8923,6667,558Taizhou2,6562,4985,154-------------------------------------------------------------------------------Keymunicipalitiestotal33,441Provincetotal45,931Populationconcentration•Northarea:45%ofthetotalpopulation*•Southeasternarea:28%ofthetotalpopulation*03366kmNingbo5GDP13%12%7%11%10%8%199920002001GDPGrowthratePercapitaGDPGrowthRatePerCapitaGDPRMB11,24712,03713,30914,655GrowthRatesTotalGDP(Rmbinbillion)Zhejiang’stotalGDPislowerthanGuangdongandJiangsu,butithasthehighestpercapitaGDPinthecountryZhejiangProvince•Ranked4thinGDPamongallprovinces*•Ranked4thinpercapitaGDP*•GDPgrowthisstrong*Includingnotonlytheprovinces,butalsothenationalmunicipalitiessuchasBeijing,Shanghaiandautonomousregions1998199920002001GuangdongFujianJiangsuZhejiang6IndustryWholesaleandretail,trade,cateringservicesPrimaryindustryTransport,storage,postandtelecommunicationsConstructionGDPbytop5sector35507091311GDPbysector2001growthrate18%18%5%10%8%Unit:RmbinbillionGDPbysectorGDPSizeGrowthRate•Industry1th8%•Transport,storage,postandtelecommunications•Construction5th18%Industryistheleadingeconomicsectorwithlogisticsandconstructiongrowingquickly.4th18%7ShaoxingJiaxingHuzhouHuangzhouJinhuaQuzhouLishuiWenzhouTaizhouNingboZhoushan>10040-100<40GDPdistributionUnit:RmbinbillionGDPconcentration42%inHangzhouandNingboHangzhou,theprovincialcapital,andNingboaccountforabout40%ofthetotalGDPintheprovince.ThesixkeymunicipalitiesinthenorthernpartofZhejiangareallwelldevelopedandtogethercontributemorethan70%ofthetotalGDPMunicipalityGDP(Rmbbillion)Hangzhou156.80Ningbo131.27Wenzhou93.21Shaoxing82.25Taizhou74.75Jiaxing60.43Jinhua59.73Huzhou38.50Quzhou17.63Lishui15.90Zhoushan12.67TopTier(GDP>100)2ndTier(GDP<100,but>40)3rdTier(GDP<40)8>20,00010,000-20,000<10,000LowHighPercapitaGDPHangzhouNingboShaoxingJiaxingHuzhouTaizhouJinhu...