Qinghai

Ranking second lowest in population, GDP, and property prices and expressway lengths, Qinghai province in largely undeveloped outside of its capital. Nevertheless, the province is rich in natural resources, with an economy based on minerals, hydropower, and agro-husbandry. The province also plays in important ecological role as the source of major rivers, including the Yangtze River. Oil and natural gas from the Chaidamu Basin have also been an important contributor to the economy. However, only with significant infrastructure with the province will able to fully capitalize on its natural resource. Looking forward, Qinghai plans to focus on solar, wind, and low-carbon energy projects.

Qinghai's GDP grew 12.3% to RMB188.45 billion in 2012.

 

Qinghai Quick Facts
  • Area
    721,000 km2
  • Population:
    5626722
  • Population density:
    7 people/km2
  • Gross domestic product:
    135 billion RMB
  • GDP per capita:
    24115 RMB
  • GDP growth:
    15.30%
  • Fixed Asset Investment:
    106.9 billion RMB
  • Utilized Foreign Direct Investment:
    0.22 billion US$
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Top 5 Qinghai Companies
    • Qinghai Salt Lake Industry Group Co (SHE: 000578) is a leading producer and distributor of potassium fertilizers. It posted RMB5.9 billion in revenues and RMB1.5 billion in net profits for 2010.
    • Qinghai Salt Lake Potash Co (SHE: 000792) is a leading producer and distributor of chemical fertilizers. It posted RMB4.95 billion in revenues and RMB1.11 billion in net profits for 2010.
    • West Mining Co (SHA: 601168) is a miner, smelter and trader of zinc, lead, copper and aluminum. It posted RMB18.51 billion in revenues and RMB989.43 million in net profits for 2010.
    • Xining Special Steel Co (SHA: 600117) is a producer of steel bars and reinforced bars and machinery. It posted RMB7.05 billion in revenues and RMB233.12 million in net profits for 2010.
    • Qinghai Jinrui Mineral Development Co (SHA: 600714) is a coal and strontium carbonate producer and distributor. It posted RMB377.93 million in revenues and RMB34.81 million in net profits for 2010.

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Qinghai Economic and Technological Development Zones

    Xining Economic & Technological Development Zone


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