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Investing in Gansu

Gansu is a landlocked province in Northwest China. Its capital and largest city is Lanzhou, located in the southeast part of the province. Mineral resources, rare earth deposits, and oil are abundant in Gansu. It is also home to many renewable energy plants, including solar, wind, and hydroelectric. The province covers a total surface area of 425,800 km2 with a population of 25 million inhabitants.

Local authority data shows that Gansu recorded total exports of USD 1.9 billion and total imports of USD 3.6 billion, with 2,342 established foreign investment companies. In addition to an average urban salary of USD 10,684.

In terms of GDP among the provinces in China, Gansu ranked 27th, reaching USD 131 billion in 2020 and USD 125 billion in 2019 with a GDP per capita of USD 4,935. Along with GDP growth of +6.2% in 2019 and +3.9% in 2020.

Main Economic Centers (GDP) in Gansu

  • Lanzhou (USD 42 billion)

  • Qingyang (USD 11 billion)

  • Tianshui (USD 10 billion)

  • Jiuquan (USD 10 billion)

  • Wuwei (USD 8 billion)

Main Sectors in Gansu

  • Raw materials

  • Petrochemical

  • Agricultural products

  • New materials

Main Industrial Areas in Gansu

  • Lanzhou Economic and Technological Development Zone

  • Jinchang Economic and Technological Development Zone

  • Tianshui Economic and Technological Development Zone

  • Zhangye Economic and Technological Development Zone

  • Jiuquan Economic and Technological Development Zone

  • Lanzhou High-tech Industrial Development Zone

  • Baiyin High-tech Industrial Development Zone

  • Lanzhou New District Comprehensive Bonded Zone


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