Hohhot Economy

Inner Mongolia’s economy has been developing with a two-digit growth rate since 2000. In 2006, GDP reached RMB 479.1 billion, 18.7% higher than in 2005. Figure 12.5.1 shows the GDP breakdown by sector. The industrial sector contributes nearly 50% of the total GDP, while the service and agricultural sectors contribute 37.8% and 13.6%.    

Fixed asset investment stood at RMB 340.6 billion, up 26.75% year-on-year. As manufacturing and mining play an essential role in the region’s economy, RMB 183.4 billion was injected into the industrial sector in 2006, accounting for more than one half of the region’s total.     

The agricultural and service sectors received RMB 14.3 billion and RMB 143 billion in the same year, 18.5% and 32.1% higher than in 2005 respectively. Figure 12.5.2 shows the fixed asset investment breakdown by industry.

Special Touring Regions: