Brief Introduction of Qinghai Province-Economic Profile of 2018

Area 72.10 Sq. Km
Population 6.03million people
Administrative Division 2 Municipalities,6 Autonomous prefecture
GDP 286.523 billion Yuan
Staple industry Electricity, oil and gas, salt chemical industry, nonferrous metals
FDI 3.1million
Main exports Ferroalloy, coke, textiles, cultural products
Main imports Copper ore, mechanical and electrical products
Total imports and exports Exports totaled 4.6 billion yuan, up 3.5 %. The export value reached 3.111 billion yuan, up 8.1%;Imports totaled 1.489 billion yuan, down 5.0%.
Tourist number 42.0438 million , up 20.7% .Of these, 41.9746 million were domestic tourists, up 20.7%;The number of inbound tourists reached 69,200, down 1.6%, and the total tourism revenue reached 46.63 billion yuan, up 22.2%.Of this, the domestic tourism revenue reached 46.391 billion yuan, up 22.4 percent;Tourism foreign exchange revenue was $36.1308 million, down 5.6%.

Note: The above information is from the Qinghai Bureau of Statistics, Qinghai Government, Qinghai Province Department of Commerce, Qinghai Province Tourism Bureau. All information provided on IPIM Website is for reference only.

 

Trade and investment profiles with Macao

From January to December 2018, the total export of our province and Macao was $2.033 million , down 82.53% year on year, and there was no import amount.

By the end of December 2018, one overseas investment enterprise of our province had been established in Macao, with a total investment of $15 million.

In 2018, no enterprises in our province have carried out investment cooperation business in Macao.

By the end of December 2018, Macao had approved the establishment of 5 sino-foreign joint ventures in our province, with a total investment of $49.793 million  and contractual foreign investment of $17.1931 million .Among them, there are 4 sino-foreign joint ventures with a cumulative total investment of u $201,135 million, contractual foreign investment of $989,31 million, and 1 Australian sole proprietorship enterprise with a cumulative total investment of  $1.68 million and contractual foreign investment of $1.18 million.

 

Trade and investment profiles with Portuguese-speaking countries

From January to December 2018, the total export volume between our province and Brazil reached $2.634 million , up 34.48% year-on-year, with no import volume.

From January to December 2018, the total export volume of our province and Portugal was $397,000 , with a year-on-year growth of 298.29% and no import volume.

From January to December 2018, the total export volume of our province and Angola reached $68,000, with a year-on-year growth of 102.45% and no import volume.

So far, no enterprises in our province have carried out investment cooperation business in Portuguese-speaking countries.

By the end of December 2018, Brazil has approved the establishment of a wholly foreign-owned enterprise in our province, with a total investment of $25,000 and a contract of $30,000.And Portugal has approved the establishment of a wholly foreign-owned enterprise in our province, with a total investment of $11,581,700 and contractual foreign capital of $7,110,500.

 

Important exhibition information for the second half of 2019 in Qinghai

 

2019/06/20-23 2019 The 20th China – Qinghai Green Development Investment and Trade Fair

 

The above information is from the Qinghai Department of Commerce