Jiangxi

Jiangxi is a major producer of rice, freshwater products, timber and bamboo. Rich in minerals, the province's reserves of copper, gold, silver and rare earths top the nation. As such, metal-related mining, smelting and pressing dominate its secondary industry. Jiangxi has the lowest average wage and third lowest property prices in China, allowing the province to lure manufacturing from its neighbors, Guangdong and Zhejiang.

However, as a result of wage and labor, the economy sits at the low-end of the value chain. As Guangdong and Zhejiang draw away skilled labor with higher wages, Jiangxi has been victim to a brain drain and finds itself trapped in a combination of low skill, low value-added, low innovation and low energy efficiency. Thus, without meaningful structural changes, its rich mineral resources may be at risk. The province plans to expand railways and develop new energy projects, including nuclear.

Jiangxi's GDP grew 11% to RMB1.29 trillion in 2012.

 

Jiangxi Quick Facts
  • Area
    166,900 km2
  • Population:
    44567500
  • Population density:
    264 people/km2
  • Gross domestic product:
    945.1 billion RMB
  • GDP per capita:
    21253 RMB
  • GDP growth:
    14.00%
  • Fixed Asset Investment:
    877.2 billion RMB
  • Utilized Foreign Direct Investment:
    5.10 billion US$
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Top 5 Jiangxi Companies
    • Jiangxi Copper Co (SHA: 600362) is a leading copper producer. It posted RMB76.44 billion in revenues and RMB4.91 billion in net profits for 2010.
    • Jiangling Motors Corp (SHE: 000550) is a maker of compact and light cars and spare parts. It posted RMB15.77 billion in revenues and RMB1.71 billion in net profits for 2010.
    • Jiangxi Hongdu Aviation Industry Co (SHA: 600316) is engaged in research, development, manufacture and distribution of aerospace products. It posted RMB1.72 billion in revenues and RMB146.19 million in net profits for 2010.
    • Telling Telecom Holding Co (SHE: 000829) is a manufacturer and repairer of communication products. It posted RMB20.88 billion in revenues and RMB310.72 million in net profits for 2010.
    • Jiangxi Ganyue Expressway Co (SHA: 600269) is engaged in construction, maintenance and operation of expressways, as well as toll collection. It posted RMB3.98 billion in revenues and RMB1.26 billion in net profits for 2010.

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Jiangxi Economic and Technological Development Zones

    Nanchang Export Processing Zone
    Nanchang National Hi-Tech Industrial Development Zone
    Nanchang Economic and Technological Development Zone


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