Investing in Ningxia
Located in the Northwest of China, Ningxia is an autonomous region that acts as an important link between the western and northern regions of China. The region's industry is based on the exploitation and processing of raw materials and natural resources, but it is also known for its wine production. Yinchuan is the capital and the largest city of the province. Ningxia has a population of 7.2 million inhabitants, covering a surface of 66,400 km2.
Local authority data shows that Ningxia recorded total exports of USD 2 billion and total imports of USD 1 billion, with 762 established foreign investment companies. In addition to an average urban salary of USD 11,846.
In terms of GDP, Ningxia ranked 29th in China, reaching USD 57 billion in 2020 and USD 54 billion in 2019 with a GDP per capita of USD 8,179. Along with GDP growth of +6.5% in 2019 and +3.9% in 2020.
Main Economic (GDP) Centers in Ningxia
Yinchuan (USD 29 billion)
Wuzhong (USD 9 billion)
Shizuishan (USD 8 billion)
Zhongwei (USD 6 billion)
Guyuan (USD 5 billion)
Main Sectors in Ningxia
Main Industrial Areas in Ningxia
Yinchuan Economic and Technological Development Zone
Shizuishan Economic and Technological Development Zone
Yinchuan High-tech Industrial Development Zone
Shizuishan High-tech Industrial Development Zone
Yinchuan Comprehensive Bonded Zone