Changchun and Economic Trends
The city of Changchun is located at the center of Songliao Plains in northeast China. It is the capital and largest city of Jilin Province and has jurisdiction over seven districts, three county-level cities, and one County. With a population of 9 million and an area of 20,570 square kilometers, it is one of the biggest cities in northeast China.
The city is establishing world-class industrial bases and actively developing strategic emerging industries with the automobile, agricultural product processing, and railway vehicle as its three pillar industries. Holding on to the strategy of “keeping a balance between the secondary and tertiary industries, " the city is increasing its economy driven by both industries and giving prominence to the private economy to accelerate the upgrading and transformation of the city’s economic development.
In 2021, the GDP reached 710 billion RMB, up 6.2% compared to 2020, while the GDP per capita amounted to 81,000 RMB. The total value of Changchun’s international trade amounted to 9.8 billion RMB in 2021, with the exports amounting to 1.8 billion RMB and the total value of imports to 8 billion RMB.
The Chinese City Tier System consists of a system of tiers used by analysts to classify Chinese cities and rank them in a hierarchy. Cities in different tiers reflect differences in consumer behaviour, income level, population size, consumer sophistication, infrastructure, talent pool, and business opportunity.