Economy
Hunan's traditional crops are rice and cotton. The Lake Dongting area is an important center of ramie production, and Hunan is also an important center of tea cultivation. Aside from agricultural products, in recent years Hunan has grown to become an important center for steel, machinary and electronics production, especially as China's manufacturing sector moves away from coastal provinces such as Guangdong and Zhejiang.
The Lengshuijiang area is noted for its stibnite mines, and is one of the major centers of antimony extraction in China.
Its nominal GDP for 2011 was 1.90 trillion yuan (US$300 billion). Its per capita GDP was 20,226 yuan (US$2,961).
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“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
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“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
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