Guide

Investment environment in Xi'an

Updated: Dec 27, 2018 govt.chinadaily.com.cn Print

Overview

Location: geographical center of China

Territory: 10,752 square kilometers (including Xixian New Area)

Population: 10 million

Capital city of Shaanxi province

Enjoys a temperate climate and four distinct seasons

City's history spans 3,100 years; Capital of 13 dynasties for 1,100 years

The city of Xi'an is the cradle of Chinese civilization and the starting point of the Silk Road.

It is one of the four civilized ancient capitals in the world and the earliest to open up to the rest of the world, and the first city in the history of human civilization to reach one million in population.

Xi'an is the largest central city in the Chinese section of the New Eurasia Continental Railway Bridge, and the bridgehead of China’s Western Development Program.

It is an important base for China’s scientific research, higher education, national defense related industry and hi-tech industries.

The city is a renowned international tourist destination. Most notable places such as the Terracotta Warriors and Horses, the City Wall, the Giant Wild Goose Pagoda, the Shaanxi History Museum and Huashan Mountain attract nearly 247 million domestic and foreign tourists each year.

Economic index

GDP of Xi'an in 2019: 932.12 billion yuan ($134.42 billion), a year-on-year increase of 7 percent;

Added value of industrial enterprises above designated size: a year-on-year increase of 6.9 percent;

Total retail sales of consumer goods: a year-on-year increase of 6 percent;

Fixed-asset investment: a year-on-year increase of 1.1 percent.

Important international metropolis planned by state government

In the Guanzhong-Tianshui Economic Zone Development Plan, promulgated by the State Council in 2009, Xi'an was identified as the third "international metropolis" after Beijing and Shanghai.

Xi'an will be built into China's premiere R&D center, regional trade logistics and exhibition center, regional financial center, world-class tourist destination, hi-tech industries base, and advanced manufacturing base.

 

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