As the capital of Gansu Province, Lanzhou has been changed from a poverty-stricken city into a major industrial area in Northwest China. It owns many industries, such as textile mills, rubber, fertilizer plants, oil refinery, petrochemical, machinery, and metallurgical industry.
Lanzhou is rich in natural resources. The minerals include coal, gold, silver, zinc, nickel, manganese, clay, and dolomite.
Lanzhou features good conditions to develop Hydropower. There is a thermal generating plant supplied with coal from fields in Qinghai. In addition, there is a hydroelectric station at Zhulama Gorge in Gansu, and a large multipurpose dam has been built in the Liujia Gorge on the Yellow River above Lanzhou.
Gansu has one of the largest oil refineries in the country and Lanzhou itself is the center of the province's petrochemical industry. Lanzhou has a large refinery linked to the fields at Yumen by pipeline. It also manufactures equipment for the oil industry.
Lanzhou has a large textile industry, particularly known for the production of woolens and leather goods. In addition, Lanzhou produces locomotives and rolling stock for the northwestern railways, as well as machine tools and mining equipment. Aluminum products, industrial chemicals, and fertilizers are produced on a large scale, and there is a large rubber industry. Copper is mined in nearby Gaolan.
There are two industrial zones in Lanzhou: Lanzhou Economic and Technological Development Zone and Lanzhou High-tech Industrial Development Zone.
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