Nanchang - Economy

Economy

Nanchang is a regional hub for agricultural production in Jiangxi Province. The yield of grain was 16.146 million tons in 2000. Products such as rice and oranges are economic staples. The Ford Motor Company has a plant in Nanchang, assembling the Ford Transit van as part of the Jiangling Motor joint venture. Many of its industry revolves around aircraft manufacturing, automobile manufacturing, metallurgy, electro-mechanics, textile, chemical engineering, traditional Chinese medicine, pharmaceuticals and others.

The GDP of Nanchang in 2008 was 166 billion Yuan (24.3 billion USD). The GDP per capita was 36,105 Yuan (5,285 USD). The total value of imports and exports was 3.4 billion US dollars. The total financial revenue was 23 billion Yuan.

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