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Economic Figures
Updated: 2004-05-27 09:42

Gross domestic product (GDP)

Hunan’s GDP in 2002 was 434.09 billion yuan, up 9 percent from the previous year.

Per capita GDP

In 2002, its per capita GDP reached 6,565 yuan..

GDP ratio (1st, 2nd, and tertiary industry)

In 2002, the added value of primary industry was 84.7 billion yuan, up 2.6 percent; secondary industry 137.2 billion yuan, up 10.9 percent; tertiary industry 175.6 billion yuan, up 10.5 percent. The ratio of the three industries is 19.5 : 40 : 40.5.

Urban employment

At the end of 2002, the registered number of laid-off workers from state-owned enterprises (SOEs) was 394,900, down 14.4 percent from the previous year. About 252,300 were re-employed at the same time. The registered urban unemployment rate was 4 percent.

People in poverty and Aid-the-poor Program

Hunan put capital of 1.16 billion yuan into the Aid-The-Poor Program in 2002. By the end of the year, 100,000 more poor people had adequate supply of food and clothing.

Fiscal revenue

The fiscal revenue in 2001 was 36.165 billion yuan (US$4.4 billion), up 10.03 percent over the previous year and exceeding the growth rate of gross national product (GNP) for the first time.

Industrial output value and growth rate

The industrial added value in 2002 was 144.08 billion yuan, up 11 percent.

Agricultural output value and growth rate

The combined revenue of agriculture, forestry, stockbreeding and fishing was 131.323 billion yuan, up 4 percent.

Foreign trade

In 2002, the total revenue of imports and exports was US$2.876 billion, up 4.3 percent over previous year. Export revenue was US$1.795 billion, up 2.4 percent, and import revenue was US$1.081 billion, up 7.6 percent.

Foreign investment

In 2002, contractual foreign investment totaled US$1.658 billion, up 24.6 percent. The actually utilized foreign capital was US$1.377 billion, up 16 percent. The foreign direct investment (FDI) was US$1.03 billion, up 27.3 percent.

Pillar industry

Hunan Province has formed a complete industrial system with pillar industries like metallurgy, machinery, electronics, food, energy, and building materials.

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