KPI2x

Economy | Major development zones
🇨🇳 Hohhot, formerly known as Kweisui, is the capital of Inner Mongolia in the north of the People's Republic of China, serving as the region's administrative, economic and cultural centre. Its built-up area is made up of 4 urban districts: Huimin District; Xincheng District; Yuquan District; Saihan District.
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Economy Hohhot is a major industrial centre within Inner Mongolia. Together with Baotou and Ordos, it accounts for more than 60 percent of the total industrial output of Inner Mongolia. After Baotou and Ordos, it is the third-largest economy of the province, with GDP of RMB 247.56 billion in 2012, up 11.0 percent year on year. Hohhot accounted for approximately 15.5 percent of the province's total GDP in 2012. It is also the largest consumer centre in the region, recording ¥102.2 billion retail sales of consumer goods in 2012, an increase of 14.9 percent from 2011. The city has been a central developmental target for the China Western Development project being pursued by the Central Government. There are many famous enterprises located in Hohhot, including China's largest dairy producer by sales revenue, the Inner Mongolia Yili Industrial Group, and the China Mengniu Dairy Co.

As the economic centre of Inner Mongolia, Hohhot's urban area has expanded greatly since the 1990s. CBDs have grown rapidly in all the city's major districts. The completion of a new office tower for the Municipal Government in Eastern Hohhot marked a shift of the city centre to the east. Hailiang Plaza (海亮广场), a 41-floor tower constructed in the city centre, became one of the few notable department stores for luxury merchandise in the city.
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Major development zones include: • Hohhot Economic and Technological Development Zone • Hohhot Export Processing Zone
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Hohhot, Inner Mongolia Autonomous Region, China

Image: Adobe Stock Govan #366079921

Hohhot is rated Sufficiency by the Globalization and World Cities Research Network (GaWC) which evaluates and ranks the relationships between world cities in the context of globalisation. Sufficiency level cities are cities that have a sufficient degree of services so as not to be overly dependent on world cities.

Hohhot was ranked #524 by the Nomad List which evaluates and ranks remote work hubs by cost, internet, fun and safety. Hohhot has a population of over 1,980,774 people. Hohhot also forms the centre of the wider Hohhot metropolitan area which has a population of over 2,867,000 people.

To set up a UBI Lab for Hohhot see: https://www.ubilabnetwork.org Twitter: https://twitter.com/UBILabNetwork

Twin Towns - Sister Cities Hohhot has links with:

🇯🇵 Okazaki, Japan 🇲🇳 Ulaanbaatar, Mongolia 🇷🇺 Ulan-Ude, Russia

Text Atribution: Wikipedia Text under CC-BY-SA license | GaWC | Nomad