Maoming - Economy

Economy

Maoming is one of "the Top 100 developed cities in China" and "National Garden City". Maoming is also one of the largest petrochemical production bases, largest fruit production base, tilapia culture and processing base, winter-planted vegetable production base of China, and the important energy, material and heavy-chemical industrial base of Guangdong province.

Major Economic indicators (2009)

GDP: RMB 123.98 billion (US$18.16 million), 10.3% up

GDP Composition:

  • Primary Industry (Agriculture) 19.1%
  • Secondary Industry (Industry & Construction) 37.2%
  • Tertiary Industry(Service) 43,7%

GDP Per Capita: RMB 20,118 (US$2,947), 8.9% up

Unemployment Rate: 2.5%

Fixed Asset Investment: RMB 18.01 billion (US$2,64 billion), 23.5% up

Utilized FDI: US$31 million, 44.2% down

Total Import & Export: US$673 million, 9.1% down

Export: US$532 million, 7.4% up

Import: US$141 million, 42.5% down

Sales of Consumer Goods: RMB 60.1 billion (US$8.8 billion), 20.3% up

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Famous quotes containing the word economy:

    “I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
    —Calvin Coolidge (1872–1933)

    “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.”
    —Ralph Waldo Emerson (1803–1882)

    “The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
    —Henry David Thoreau (1817–1862)