China Expressways, Highways: News & Discussions

[AndrewJin]

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@AndrewJin

The GDP per capita is $5900 for Linyi prefecture city. I assume it would be higher in the metro area.

Looks to me that $5900 is a bit low for the coastal region. Is that right?

First of all, it's truth that Linyi is relatively underdeveloped compared to other parts of Shandong Province (the highest GDP per capita in Shandong reaches 20000+ dollars in several cities).

Secondly, a prefecture-level city in China, which is under direct administration of a province, is a total different notion from cities abroad. A prefecture-level city is composed of
1) several urban districts, forming the "metro"; these urban districts are similar to cities abroad
2) several county or county-level cities. They are usually in the outskirt, each is composed of a main town and numerous towns/townships surrounding the main town. These are basically countryside-domniated regions (county-level city has higher urbanisation than county).

(below district, is sub-district; below county/county-level city, is sub-district in the main town, and townships or towns in the countryside)

So, when we calculate GDP per capita, we actually include all the population from both the more urban "districts" and "more countryside"counties/county-level cities. Given this idea, GDP per capital of each prefecture is conversing both city dwellers and a large number of countryside citizens.

In the case of Linyi City, it has 3 districts & 9 counties.

When the population of counties is big, the average GDP will be relatively low.
(well, there are also highly developed county/county-level cities such as Kunshan, Jiangying, etc, gdp per capita much higher than Shanghai and Beijing)

But overall, Yinyi City lags behind compared to the majority of China's prefectures.
It is transitioning from a heavy-indutry based economy to a high-tech/service industry based economy.

My previous example of the newly opened scenic park in Feixian County of Linyi City is an excellent attempt.
Urbanisation at the county/township level and creating jobs in situ rather than relocating jobs in the already developed urban districts is the key!


------------------------------

One of the counties of Linyi City

The main town of Yishui County, Linyi City
GDP: 33.5 billion yuan (2014), 12%
Per capita: $4500 (2014)
Ratio of agri/manufacturing/service:10.55:45:44.45
Grow of come: urban15%, countryside18%
Retail growth: 13.6&
Import/export growth 64.2%
Energy per 10000yuan GDP decrease 4.73%
Direct expenditure on citizens' affairs: 2.97 billion yuan
New housing in the countryside: 9256 units (2014)
Refurbishment of old housing in the countryside: 4145 units (2014)
Low-priced housing at the towns:
New village roads/upgrading roads: 952km (2014)
Pave old roads in the main town: 92 roads
New forests: 35.3km2 (2014)
New jobs in the towns: 12,000
Local students to key universities: 52.6% increase
....
(there are numerous index about this county at the year end, on which local officers will get praised/promoted or punished/demoted. Every index has a proportion in their final "exam")

@Mista @Godman @anant_s @Śakra @TaiShang @Rajaraja Chola @Bussard Ramjet @Jlaw @Brainsucker et al

 

[ashok321]

Buy more from China please !

China is already a super Walmart of the world.
The world does not have other option but to buy from China.

Demand vs Supply.

World demands, China supplies.

 

[AndrewJin]

China is already a super Walmart of the world.
The world does not have other option but to buy from China.

Demand vs Supply.

World demands, China supplies.

A more comprehensive conclusion might be,
World (China) demands, East Asia-ASEAN-OECD supply.
Multinationals in China now sees China as both one of the supplers and the most important consumer.
Hence, Apples especially designs China-targeted product, whereas, iPhone/Samsung is no longer among Top3 in China.

 

[ashok321]

A more comprehensive conclusion might be,
World (China) demands, East Asia-ASEAN-OECD supply.
Multinationals in China now sees China as both one of the supplers and the most important consumer.
Hence, Apples especially designs China-targeted product, whereas, iPhone/Samsung is no longer among Top3 in China.

China is the fountain of exports, nobody comes close, whereas it buys the raw material for turning it into finished products, which once again get exported in a different shapes.

 

[AndrewJin]

China is the fountain of exports, nobody comes close, whereas it buys the raw material for turning it into finished products, which once again get exported in a different shape.

Well, China is only one part of East Asia-ASEAN manufacturing chain, the success is based on the region not simply a country.
Now, she is trying the best to climb up the chain and increasing/reshaping value-added GDP, empathising focus on exported products such as metro, TBMs, DJI drones, China-owned branded phones, BYD electric buses, etc.

In fact, consumption contributed 66.4 percent to GDP growth for all of 2015.
http://www.reuters.com/article/us-china-economy-gdp-idUSKCN0Y70X9

Total retail sales of consumer goods stood at 15.6 trillion yuan (2.2 trillion U.S. dollars) in the first half of 2016.
Still behind America in total (in real dollars), but we are quickly catching up!

 

[ashok321]

China is consolidating its thrust towards high tech exports:

 

[Shotgunner51]

Well, China is only one part of East Asia-ASEAN manufacturing chain, the success is based on the region not simply a country.
Now, she is trying the best to climb up the chain and increasing value-added GDP, empathising focus on exported products such as metro, TBMs, DJI drones, China-owned branded phones, BYD electric buses, etc.

In fact, consumption contributed 66.4 percent to GDP growth for all of 2015.
http://www.reuters.com/article/us-china-economy-gdp-idUSKCN0Y70X9

Total retail sales of consumer goods stood at 15.6 trillion yuan (2.2 trillion U.S. dollars) in the first half of 2016.
Still behind America in total (in real dollars), but we are quickly catching up!

Yes China is climbing up the value chain:
1) Now among China's $2.284 trillion exports, 57% is electro-mechanical.
2) High-tech exports also largest, more than Germany-Japan-US COMBINED.

But consumption is still low, because China's savings rate is like 50% among highest in the world, total Gross Domestic Savings is massive.

 

[ashok321]

China eats lesser meat?
Why?

https://twitter.com/x/status/514284870076350464

 

[AndrewJin]

China eats lesser meat?
Why?

https://twitter.com/x/status/514284870076350464

@Shotgunner51 @ashok321 Hey bros, thank your very much for your data on export and economy.
However, we are in an infra-oriented thread which focuses on road, tunnels, bridges, etc.
Should you have some updates related to Chinese high-speed rail, pls refer to the HSR thread
Should you have any news related to Chinese metro, pls refer to Metro thread
For HSR/metro/railway/tram export, pls refer to Rolling stock export thread
For BYD electric bus and other new-energy vehicles, pls refer to BYD thread
Cheers!

@Yizhi @Shotgunner51 @TaiShang @Stranagor @cirr @Keel @Jlaw @Place Of Space @FairAndUnbiased @zeronet @Raphael @sweetgrape @Edison Chen @Chinese Bamboo @Chinese-Dragon @cnleio @+4vsgorillas-Apebane @onebyone @yusheng @Kyle Sun @dy1022 @Beast @YoucanYouup @terranMarine @ahojunk @kuge@Economic superpower @Beidou2020 @cirr @JSCh @jkroo @Pangu @ChineseTiger1986 @powastick @onebyone @kankan326 @badguy2000 @TianyaTaiwan @ahtan_china @ChineseTiger1986 @powastick @empirefighter @hexagonsnow @xuxu1457 @sword1947 @tranquilium@55100864 @Sommer @HongWu002 @Speeder 2 @Dungeness @utp45 @StarCraft_ZT2 @Martian2 @Jguo @Arryn @rott @TheTruth @Dungeness @immortalsoul @beijingwalker @xunzi @Obambam @ahtan_china @bolo @bobsm @Abacin @Tom99 @Genesis @GS Zhou @djsjs @Daniel808 @Nan Yang @70U63 ]@CAPRICORN-88 @XiaoYaoZi @Hu Songshan @theniubt @LTE-TDD @faithfulguy @Mista @Brainsucker @anant_s @Bussard Ramjet @Sinopakfriend @cnleio @rott @CAPRICORN-88 et al

 

[ashok321]

@Shotgunner51 @ashok321 Hey bros, thank your very much for your data on export and economy.
However, we are in an infra-oriented thread which focuses on road, tunnels, bridges, etc.
Should you have some updates related to Chinese high-speed rail, pls refer to the HSR thread
Should you have any news related to Chinese metro, pls refer to Metro thread
For HSR/metro/railway/tram export, pls refer to Rolling stock export thread
For BYD electric bus and other new-energy vehicles, pls refer to BYD thread
Cheers!

@Yizhi @Shotgunner51 @TaiShang @Stranagor @cirr @Keel @Jlaw @Place Of Space @FairAndUnbiased @zeronet @Raphael @sweetgrape @Edison Chen @Chinese Bamboo @Chinese-Dragon @cnleio @+4vsgorillas-Apebane @onebyone @yusheng @Kyle Sun @dy1022 @Beast @YoucanYouup @terranMarine @ahojunk @kuge@Economic superpower @Beidou2020 @cirr @JSCh @jkroo @Pangu @ChineseTiger1986 @powastick @onebyone @kankan326 @badguy2000 @TianyaTaiwan @ahtan_china @ChineseTiger1986 @powastick @empirefighter @hexagonsnow @xuxu1457 @sword1947 @tranquilium@55100864 @Sommer @HongWu002 @Speeder 2 @Dungeness @utp45 @StarCraft_ZT2 @Martian2 @Jguo @Arryn @rott @TheTruth @Dungeness @immortalsoul @beijingwalker @xunzi @Obambam @ahtan_china @bolo @bobsm @Abacin @Tom99 @Genesis @GS Zhou @djsjs @Daniel808 @Nan Yang @70U63 ]@CAPRICORN-88 @XiaoYaoZi @Hu Songshan @theniubt @LTE-TDD @faithfulguy @Mista @Brainsucker @anant_s @Bussard Ramjet @Sinopakfriend @cnleio @rott @CAPRICORN-88 et al

Ok, here it comes:

 

[Mista]

HK's luxury property prices is approaching Monaco's level...

 

[ashok321]

HK's luxury property prices is approaching Monaco's level...

London also trying to catchup.

 

[Mista]

London also trying to catchup.

With Brexit, it will most likely fall.

But it's not a good thing to 'catch up' anyway.

 

[Jlaw]

China eats lesser meat?
Why?

https://twitter.com/x/status/514284870076350464

east less meat, more vegetables is better for your health.
drink less alcohol, drink more tea
less driving, more walking

 

[AndrewJin]

east less meat, more vegetables is better for your health.
drink less alcohol, drink more tea
less driving, more walking

@Jlaw @Mista @AndrewJin @ashok321