The GDP of Henan Province in 2001 was 564.5 billion yuan, the 5th highest in China after Jiangsu, Guangdong, Shandong, and Zhejiang provinces.

GDP growth rate:

The province’s 2001 annual GDP growth rate was 9.1 percent.

GDP per capita:

The GDP per capita in Henan was 5,440 yuan in 2000.

GDP Ratio (1st, 2nd and tertiary industries):

Of the province’s GDP value increased in 2000, that for the first, second and tertiary industries was 116 billion yuan, 241 billion yuan, and 155.6 billion yuan respectively.

Poverty Alleviation plan:

There are 1.29 million people living in poverty in Henan’s rural areas. The province has allocated 7.48 billion yuan to help them relieve from poverty.

Revenue:

The planned revenue is 26.77 billion yuan, an increase of 8.6 percent over that of the previous year.

Industrial output value:

The industrial output value of 2001 was 228.76 billion yuan, 9.8 percent more than that of 2000.

Foreign trade:

There are 11 entry ports of aviation, railways and highways in Henan, leading China’s inland provinces in this aspect. Henan has established steady trade relations with over 8,000 business partners in 150 countries and regions in the world, and has absorbed investment from over 90 countries and regions. The total volume of import and export for 2000 was US$2.275 billion, with US$1.493 billion coming from export and US$781 million out of import.

Foreign investment:

By the end of 2000, 7,027 foreign companies had been approved to invest in Henan, their total contracted fund having reached US$12.413 billion, of which, US$8.424 billion had practically invested in Henan.

Sister cities:

Henan has established relations with over 30 countries and regions in the world for scientific and technological exchange and cooperation. The province and its prefectures and cities have also set up sister relations with 30 counterparts in countries such as the United States, Japan, Canada and Italy.

Pillar industries:

Electronic machinery, chemical industry, foodstuff industry, light and textile industries, and building material industry.

Agriculture:

With 6.825 million hectares of arable land, Henan is a well-known big agricultural province and an important producer of agricultural and sideline products. It leads the nation in total grain output and in the yields of wheat, sesame, jute, and bluish dogbane. It ranks the second in China in production volumes of cotton, oil plants, and tobacco. Forests and fruit trees are abundant, and traditional medicines have a venerated history in Henan. Animal husbandry is also well-developed in the province, exceeding all other provinces in the number of domestic animals; its meat production occupies the third place in the nation. In 2001, its total grain output was 41.19 million tons; meat, 5.41 million tons. Great achievements have been made in improving conditions for agricultural production, along with a rather complete basic construction network. A harmonious agricultural production system has been built up with the balanced development of farming, animal breeding, forestation, husbandry, fishery and sideline industries. Farming, the pillar of agriculture in Henan, is equipped with basic establishments such as a water conservancy system completed with mechanically pumped wells, reservoirs, channels and drainage lines. This has greatly enhanced its capacity to resist natural disasters. With the wide application of science and technology in agriculture, the establishment of the bases for agricultural commodities and the comprehensive development of all agricultural areas, Henan has become one of the key provinces to draw foreign investment in agriculture.

Commerce:

The wide market and prosperous commerce have made Henan an important commodity distributing center in China. There are 25 large wholesale markets and more than 6,000 retail markets of all kinds in the province. The Zhengzhou Commodity Exchange is the largest wholesale market and the first standardized futures market of grain in the nation, acclaimed as “China’s No. 1 Market.” “Zhengzhou Price” has thus become the directing price for national grain and oil exchange and also an important reference for worldwide grain and oil exchange.