Inner Mongolia

China's third largest province by land area, Inner Mongolia is also China’s largest livestock producer, including cashmere, milk, and meat. The province’s economic growth has surged as a result of coal and huge discoveries of other energy and metal resources. Inner Mongolia boasts almost a quarter of the world’s total coal reserves. However, due to its reliance on coal and energy resources, the province is susceptible to economic slowdowns and sluggish demand; additionally, its major industries are environmentally harmful and energy intensive. With the largest usable wind power capacity in China, potential may lie in the development of new energy industries based on natural resources.

Inner Mongolia's GDP grew 11.7% to RMB1.6 trillion in 2012.

 

Inner Mongolia Quick Facts
  • Area
    1,183,000 km2
  • Population:
    24706321
  • Population density:
    20 people/km2
  • Gross domestic product:
    973 billion RMB
  • GDP per capita:
    37,287 RMB
  • GDP growth:
    16.90%
  • Fixed Asset Investment:
    billion RMB
  • Utilized Foreign Direct Investment:
    billion US$
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Top 5 Inner Mongolia Companies
    • Inner Mongolia Baotou Steel Rare Earth (SHA: 600111) is a producer and distributor of refined, deep processed and new rare earth products. It posted RMB5.26 billion in revenues and RMB750.74 million in net profits for 2010.
    • Huolinhe Opencut Coal Industry Corp (SHE: 002128) is a coal miner, processor and distributor. It posted RMB5.67 billion in revenues and RMB1.46 billion in net profits for 2010.
    • Inner Mongolia Yili Industrial Group Co (SHA: 600887) is a producer and distributor of dairy products and mixed feedstuff. It posted RMB29.67 billion in revenues and RMB777.2 million in net profits for 2010.
    • Inner Mongolia Baotou Steel Union Co (SHA: 600010) is a supplier of steel pipes, steel plates, steel profiles, steel wires, steel rods and steel billets. It posted RMB40.55 billion in revenues and RMB194.1 million in net profits for 2010.
    • Inner Mongolia Mengdian Huaneng Thermal Co (SHA: 600863) is an electric power and heat generator and distributor. It posted RMB6.74 billion in revenues and RMB653.67 million in net profits for 2010.

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Inner Mongolia Economic and Technological Development Zones

    Baotou National Rare Earth Hi-Tech Industrial Development Zone
    Erenhot Border Economic Cooperation Area
    Hohhot Export Processing Zone
    Hohhot Economic and Technological Development Zone
    Manzhouli Border Economic Cooperation Area


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