Economy
Nanning's GDP in 2007 was 106.3 billion RMB, which was a 17.1% growth over the previous year. The GDP per capita was ¥15,685 (US$2,147), ranking no. 116 among 659 Chinese cities. Foreign exports in 2007 were 10 billion USD. Foreign fixed asset investment was 34.3 billion RMB. Nanning has six development zones and industrial parks, three of which accounted for 6 billion RMB of Nanning's GDP, more than 8% of Nanning's total.
Mineral resources include gold, iron, manganese, aluminum, quartz, silver, indium, coal, marble, and granite. One third of China's different types of mineral resources are found in Nanning.
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Famous quotes containing the word economy:
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (1803–1882)
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