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ANALYSIS OF THE THREE GORGES PROJECT'S INFLUENCE ON ECONOMICAL DEVELOPMENT OF HUBEI PROVINCE
- HUANG Guo-an,XIONG Xin-kang
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2004, (2):
114-118.
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Abstract
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The vast necessities motivated by the huge investment of the Three Gorges Project(TGP)act as an economic energy circling around the TGP region, expanding to Yichang, Enshi, west region of Hubei Province, and spreading to Wuhan, Jingzhou, Jingmen, Xiangfan, Huangshi, Ezhou, central or east or north region of Hubei. As a result, TGP has provided energy for the provincial GDP increase, cultivated and enlarged four corresponding markets, motivated the technological advancement and improvement in large key enterprises, and promoted the development of hitech enterprises.In 2002, the total GDP of four counties in Hubei TGP region (Zigui, Xinshan, Badong and Yiling) was 14 .044b (at the price in 1990 and the same below), 7.36 times of 1992 with an annual increase of 19.1%; a total investment in fixed assets of 3.731b, 10.42 times of 1992 with an annual increase of 26.4%; the total industry and agricultural production was up to RMB 13.741b, 4.67 times of 1992 with an annual increase of 16.7%; the total industry production reached RMB 10.293b, 6.31 times of 1992 with an annual increase of 20.2%; the total agriculture production reached RMB 3.448b, 1.45 times of 1992 with an annual increase of 3.8%; the financial revenue reached RMB 647 m, 3.61 times of 1992 with an annual increase of 13.7%; the average income per farmer reached RMB 1 965, 3.64 times of 1992 with an annual increase of 13.8%.Yichang and Enshi are the places where TGP dam and reservoir locate. The economy in these two cities develop quickly in the drag of investment motivation of main project and resettlement. In 2002, the GDP of Yichang and Enshi was 5.87 and 4.14 times of 1992 respectively; the total investment in fixed assets was 8.89 and 8.14 times of 1992, total industrial and agricultural production was 4.78 and 4.6 times of 1992; financial revenue was 2.26 and 1.52 times to 1992; farmers average income was 3.51 and 3.05 times to 1992.In participation in TGP bid, the construction activity has an important impact on the GDP increase of Hubei province. The average amount of contract in TGP for enterprises in Hubei was up to RMB 3.585b, with the highest amount of contract up to RMB 8.657b,and the lowest amount of contract to RMB 2.14b. The annual highest impact on absolute GDP increase Hubei Province was up to 18.07%, and the annual lowest impact reached 8.59%.