Hebei
Economy

In 2014, Hebei's gross domestic product (GDP) was 2.942 trillion yuan (US$479 billion). It is ranked sixth in the PRC, with its GDP per capita reaching 40,124 renminbi. As of 2011, the primary, secondary, and tertiary sectors of industry contributed 203.46 billion, 877.74 billion, and 537.66 billion RMB respectively. The registered urban unemployment rate was 3.96%.

Hebei's industries include textiles, coal, steel, iron, engineering, chemical production, petroleum, power, ceramics, and food. 40% of Hebei's labor force works in the agriculture, forestry, and animal husbandry sectors, with the majority of production from these industries going to Beijing and Tianjin. Hebei's main agricultural products are cereal crops, including wheat, maize, millet, and sorghum. Cash crops like cotton, peanut, soybeans and sesame are also produced.

Hebei has abundant natural resources. The Kailuan mine in Tangshan, with a history of over 100 years, is one of China's first modern coal mines. It remains active, with an annual production of over 20 million metric tonnes. Much of the North China Oilfied is within Hebei. There are major iron mines at Handan and Qian'an. Iron and steel manufacturing are the largest industries in Hebei.
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