Economy
Hunan's traditional crops are rice and cotton. The Lake Dongting area is an important center of ramie production, and Hunan is also an important center of tea cultivation. Aside from agricultural products, in recent years Hunan has grown to become an important center for steel, machinary and electronics production, especially as China's manufacturing sector moves away from coastal provinces such as Guangdong and Zhejiang.
The Lengshuijiang area is noted for its stibnite mines, and is one of the major centers of antimony extraction in China.
Its nominal GDP for 2011 was 1.90 trillion yuan (US$300 billion). Its per capita GDP was 20,226 yuan (US$2,961).
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Famous quotes containing the word economy:
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)
“War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?””
—Doris Lessing (b. 1919)