Economy
In 2011, Hebei's GDP was 2.40 trillion yuan (US$379 billion), an increase of 11% over the previous year and ranked 6th in the PRC. GDP per capita reached 24,428 Renminbi. Disposable income per capita in urban areas was 13,441 RMB, while rural pure income per capita was 4,795 RMB. The primary, secondary, and tertiary sectors of industry contributed 203.46 billion, 877.74 billion, and 537.66 billion RMB respectively. The registered urban unemployment rate was 3.96%.
40% of Hebei's labor force works in the agriculture, forestry and animal husbandry sectors, with the majority of production from these industries going to Beijing and Tianjin Hebei's main agricultural products are cereal crops including wheat, maize, millet, and sorghum. Cash crops like cotton, peanut, soya bean and sesame are also produced.
Kailuan, with a history of over 100 years, is one of China's first modern coal mines, and remains a major mine with an annual production of over 20 million metric tonnes. Much of the North China Oilfield is found in Hebei, and there are also major iron mines at Handan and Qian'an. Iron, as well as steel, manufacturing are the largest industries in Hebei, and are likely to remain so as these industries consolidate and Hebei continues to grow as a manufacturing and transportation center for the region.
Hebei's industries include textiles, coal, steel, iron, engineering, chemical production, petroleum, power, ceramics and food.
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“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)