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Guiyang and Economic Trends

Guiyang is is the capital and largest city of Guizhou province. It lies on the north bank of the Nanming River, a branch of the Wu River, and on the east bank of the Yunnan–Guizhou Plateau. With a population of 6 million and an area of 8,034 square kilometers, it has jurisdiction over 6 districts, 1 county-level city and 3 counties.

The city maintains its steady and fast economic growth thanks to the support of a new model of industrial system featuring big data, modern agriculture, automotive manufacturing, service and high-tech industries, and constantly seeks to boost the local economy through innovation. It has a diversified economy, traditionally a center for aluminum production, mining, and optical instrument manufacturing, it also features a sizable domestic pharmaceuticals industry, producing traditional Chinese as well as Western medicines.

In 2021, the GDP reached 471 billion RMB, up 6.6 % compared to the previous year, while the GDP per capita amounted to 63,000 RMB. The total value of Guiyang’s international trade reached 418 billion RMB in 2021, with the exports amounting to 239 billion RMB and the total value of imports to 89 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.


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