Jixi - Economy

Economy

  • GDP and economic data

Statistically, Jixi's GDP reached RMB 41.95 billion in 2010, representing a steady growth of 16.1% from a year earlier, ranked seventh among the 13 prefectures and prefecture-level cities in the province. In 2010, value-added industrial output generated by enterprises with designated size or above rose 42.6% to RMB 9.51 billion. In 2010, the foreign trade value of Jixi totaled US$710.01 million, up 41.7% year on year. Russia is the largest export destination.

  • Economic Features

The most important pillar industry in Jixi is coal mining. The economy of Jixi is mainly constructed round rich coal resources. Jixi is estimated to have about 8 billion tons of coal reserves, ranking 2nd out of 13 prefectures and prefecture-level cities in Heilongjiang Province. Coal chemical industry, metallurgy and machinery are predominant. environmental protection industry, agriculture and tourist industry are also developing rapidly in recent years. However, Coal Economics still accounts for the main part of the entire economy system. Other pillar industries in Jixi include pharmaceuticals, food manufacturing, non-metal products and electricity production and supply. Large industrial companies are hosted in Jixi such as Huawei Wood and Heilongjiang Rixin Food, which is mainly engaged in edible fungus processing. The food company has annual processing capacity of 2,500 tons of edible fungus. The graphite reserves of Jixi is amount to 780 million tons, ranking first in Asia. With the Khanka Lake being shared with Russia and the Muling River running through the city, Chinese medicinal herbs and freshwater resources are also rich.

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