Guangxi Zhuang Autonomous Region 2013

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1 Guangxi Zhuang Autonomous Region 2013 By Sophie Lu LUP , Dec Guangxi is the country s only area in the west which has a coastline and seaports. This region has the geographic advantage of close relations with the ASEAN countries, and the central government has placed emphasis on the importance of this province in Sino-ASEAN cooperation. In 2012, metal, power and building materials became the industries with an output of over 100 billion yuan, which is a corner stone of Guangxi s industrial development. The revenue of the tourism industry also reached 100 billion, one year earlier than planned. Guangxi produced 62.1% of total machine-made sugar in China. The growth of imports and exports are approximately 20% higher than the national average, mainly attributed to the ASEAN China Free Trade Area. Area 236,700 square kilometers 69.7% are mountainous areas Natural Resources Rich in non-ferrous metal resources, is one of the 10 key areas in China 12 kinds of metal deposits are the largest in the country. The tin and manganese deposits comprise of 1/3 of total deposits in the country. Photo From

2 Population It s been formally known as Guangxi Zhuang Autonomous Region since 1958; with 38% of the population in this area are ethnic minorities. Zhuang is the largest ethnic minority group in this region, and other prominent ethnic minority groups include the Miao, the Yao, the Dong, and etc. Table 1 According to the annual reports of the household registration (unit: 10,000 persons) Year Total Population Male to Female Ratio Ethnic Minority : : Employment The registered unemployment rate in urban area was 3.41%. The average wage of staff & workers at post in urban areas was 37,614 yuan in 2012, increased by 19.6% than the previous year. GDP 2.5% of China GDP Table 2 Unit: billion yuan GDP % 1, % 1, % Primary Industry % % % Secondary Industry % % % Tertiary Industry % % % Per Capita GDP (yuan) 20,219 25,326 27,952 Page 2 of 6

3 Key Industries Food processing, auto manufacturing, petrochemicals, power generation, nonferrous metal, metallurgy and machinery are the seven key industries. Fixed Asset Investment 1.26 trillion yuan, grew 24.4% year-on-year Foreign Trade billion dollars, up 26.2% %, 20% higher than the national average of 6.2%. Table 3 Unit: USD 10,000 YEAR Total Import & Export Total Export Total Import In 2012, the ASEAN countries continued to be the largest trade partner of Guangxi, as it had been for the last decade. The trade volume between the ASEAN countries and Guangxi province was USD billion, up 26.0% year on year, accounting for over 40% of the total trade in Guangxi. ASEAN countries are the biggest trade partner, export markets and source of imports. Page 3 of 6

4 Table 4 Total Import & Export with Main Countries and Regions Unit: USD 10,000 Import & Export Export Import Growth (%) Import & Export Export Import Total Asia Hong Kong India Indonesia Japan Malaysia the Philippines Singapore Republic of Korea Thailand Viet Nam Taiwan Province Africa Gabon South Africa Europe Belgium United Kingdom Germany Page 4 of 6

5 France Italy Netherlands Spain Finland Sweden Russia Latin America North America Canada United States Oceanic Australia Association of Southeast Asia European Union Asia Pacific Economic Cooperation The foreign direct investment in Guangxi in 2012 was million US dollars, decreased 26% than the previous year. CPI 3.2%, higher than the national average of 2.6% Beibu Gulf Economic Zone (BGEZ) The BGEZ created 1/3 of Guangxi s GDP and 1/2 of foreign trade with only 1/5 of land and 1/4 of population in The GDP of the BGEZ reached billion yuan in 2012, over 1/3 of Guangxi s total GDP, with an annual increase of 19.1% Page 5 of 6

6 since Total imports and exports were 14.9 billion US dollars, over 50% of Guangxi s total, and it was 2.6 times of that in Beibuwan port is Guangxi s main port. In 2012, the annual goods throughput was around 174 million tons, with 824 thousand TEU, a large increase than that of five years ago. BGEZ is located in the conjuncture of South China Economic Circle, Southwest China Economic Circle and ASEAN Economic Circle. BGEZ consists of four cities, namely Nanning, Beihai, Qinzhou and Fangchenggang, as well as the transport and logistics of Congzuo city and Fangchenggang city. It covers a landmass of 42,500 square kilometers, around 18% of Guangxi. It has a population of 13 million, around a quarter of that in Guangxi. The Development Scheme of BGEZ will span from 2006 to BGEZ is expected to develop into a China-ASEAN logistics base, trade base, processing and manufacturing base and information exchange center, which serves as a strategic highland to facilitate and support Western Development and a key international regional business cooperation zone, featured by high opening up level, strong influence, economic prosperity, social harmony and sound eco-environment. Source: 1. The official website of the Government of Guangxi Zhuang Autonomous Region, 2. China Statistics Press, Guangxi Statistical Yearbook The official website of People s Daily, 4. The American Chambre of Commerce in South China, White Paper on the Business Environment in China China Economy website, 6. Netease News, Page 6 of 6

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