Knowing All about Hunan

Changsha joins the 1 trillion yuan GDP club

Updated:2018-01-09 11:31:10

  双语| 长沙彰显省会气度之“万亿俱乐部”

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China's cities of trillion GDP expanded again. The GDP of Changsha, capital city of Hunan Province, is estimated to have increased 9.0% in 2017 to reach 1.02 trillion yuan (157.1 billion US dollars), becoming the 13th city in China with a GDP of one trillion yuan (154 billion US dollars). Chen Wenhao, mayor of Changsha, made the announcement of the GDP milestone during the second meeting of the fifteenth People's Congress of Changsha on January 2, 2018, reports National Business Daily. Wuxi Municipal Government announced on January 7 that it is estimated that the city will achieve GDP of 1.05 trillion yuan in 2017.


Shanghai took the lead and became China's first city with a total output exceeding one trillion yuan in 2006, Beijing passed the one trillion yuan GDP milestone in 2008, followed by Guangzhou in 2010. Shenzhen, Tianjin, Suzhou, and Chongqing joined the club together with Wuhan in 2011, and Chengdu in 2014. In 2015, the GDP of Hangzhou exceeded one trillion yuan, while Nanjing and Qingdao joined the list in 2016.


Chongqing, Chengdu, Wuhan, and Changsha are located in China's central and western regions.The remaining nine cities are on the eastern coast in the three major urban agglomerations of Beijing, Tianjin, Hebei, the Yangtze River Delta, and the Pearl River Delta.


The GDP of Changsha increased by 460 percent in the past 10 years, bringing its ranking in GDP from 24th to 14th. The surging growth rate could be attributed to its modernized manufacturing capabilities, its focus on technology innovation development, and government policy support.Changsha accelerated its efforts in 2017 to become a national intelligent manufacturing center, a national innovation and creative center, and a national transportation and logistics center.


  Smart Manufacturing 智能制造

Changsha has started to upgrade its traditional industries and equip them with smart manufacturing capabilities since 2015. Changsha has started to upgrade its traditional industries and equip them with smart manufacturing capabilities since 2015. Its manufacturing sector was introduced to automatic production lines, industrial robots, database construction, and pilot enterprises in these new capabilities.


  湖南智造名片:三一重工。 Sany Heavy Industry, the brand of Hunan smart 

Since then, a total of 330 local companies have been named city-level, province-level, and state-level pilot enterprises for smart manufacturing. More than 20 companies have been certified as state-level pilot enterprises.


Within three years, smart manufacturing made construction machinery, automobile and parts manufacturing, rail transportation, food processing, electronic information and clothing industry in Changsha have shown a continuous improvement trends.


From January to October this year, the added value from industries above the designated scale in Changsha increased by 8 percent year-on-year. Both of these companies' added value and growth rate took the lead ahead of other provincial capital cities including Nanjing, Hangzhou and Zhengzhou, all of which have similar GDPs.


Innovative development 创新发展

Innovation has become the impetus for the economic development of Changsha.


Emerging industries have given the city a much needed boost. They include industries such as new materials, mobile internet, e-commerce, auto manufacturing, big data, 3D printing, Beidou Navigation Satellite System, biological medicine, aviation and space industry, and artificial intelligence.


The mobile internet industry is growing rapidly in Changsha. There are more than 20,000 mobile internet companies in Changsha, with a total of 150,000 employees and a sales revenue of more than 75 billion yuan (US$11.36 billion). The annual growth rate of the city's mobile internet industry is over 40 percent.


Last year, the number of certified invention patents reached 16,885 in Changsha, accounting for 60.6 percent of the provincial certified innovation patents.


 Favorable policies 政策红利

The local authorities have supported Changsha's industries with new human resource and investment policies this year.


To facilitate scientific innovation, the municipal government increased the fiscal support to science and research this August. By 2020, the fiscal investment in science and technology will reach 5 billion yuan (US$757 million).


Meanwhile, the local authorities also unveiled a new human resources policy to attract more graduates. By the end of November, the local authorities had received 77,300 consultations about the new human resources policy after 100 days of its implementation. More than 21,800 graduates have received local residency and 13,600 graduates have received house subsidies from the local authorities.


幸福指数 Changsha, One of China's happiest cities


 The results of the 2017 China's Happiest Cities survey are announced in Beijing, Dec 7. The city of Changsha in Central China's Hunan province is placed in the top 10 of the happiest cities nationwide for the 10th time since the survey's establishment in 2006. 


In November of 2017, Changsha launched the Green Action for the next three years. Changsha will rebuild 3000 kilometers of highway with trees from urban to rural area, along with 600 new parks, with 54.9% of forest coverage in 2019, 35% of green space rate in urban area and the green coverage rate of the built-up area to be 41% in total.



The maglev train passed under the Airport Avenue and it becomes a beautiful landscape in front of Huanghua Airport. 


Changsha-Zhuzhou-Xiangtan Intercity Railway is opened, and all the construction projects of subway lines have been accelerated. The urban layout of Changsha has entered the era of Xiangjiang New Area and rapid transit systems.


The increasing happiness of people's is due to the promotion of people's livelihood in Changsha. From the January to September 2017 , the people's livelihood expenditure in Changsha accounts for 77.5% of the general public budget.For the people's livelihood, the city keep making appropriate services and adjustments on policies.