Ningxiang is one of the most developed counties in Hunan, it ranked the 18th in the Top100 of counties and county-level cities of China by comprehensive strength in 2020. It is one of the best developed manufacturing counties and county-level cities in the province, the
manufacturing industry is its economic pillar. Ningxiang's economic engines are food and beverage, Advanced equipment manufacturing, new materials, modern services industry,
machinery manufacture and
clothing. For example, of 2015, the
gross domestic product of Ningxiang County was
CN¥100.22 billion (US$16.09 billion), Of this total, the
value added of the manufacturing industry was CN¥61.31 billion (US$9.84 billion), shares 61.18 percent of its GDP. Ningxiang County has a variety of industries, such as the Wangbuliao Clothing, Sundance Clothing,
Tsingtao Brewery, , and
Sany. The county's manufacturing products include paper, technological equipment, automobiles, food, clothing and other goods. The service sector of the county's economy includes things like banking, health care, construction, communications, education, tourism and government. Tourism comprises a large part of Ningxiang County's economy, with 20 million visitors spending ¥2 billion in 2014. According to preliminary accounting of the statistical authority, the
gross domestic product of Ningxiang City in 2017 was 122,445 million
yuan (18,135 million
US dollars), up by 10.3 percent over the previous year. Of this total, the
value added of the primary industry was 12,382 million yuan (1,834 million US dollars), up by 3.9 percent, that of the secondary industry was 80,666 million yuan (11,947 million US dollars), up by 10.6 percent and that of the tertiary industry was 29,397 million yuan (4,354 million US dollars), up by 12.5 percent. The value added of the primary industry accounted for 10.11 percent of the GDP; that of the secondary industry accounted for 65.88 percent; and that of the tertiary industry accounted for 24.01 percent. The per capita GDP in 2017 was 96,118 yuan (14,236 US dollars).
Development zone The
Ningxiang Economic and Technological Development Zone (NETZ) consists of parts of
Chengjiao,
Shuangjiangkou and
Jinghuapu of Ningxiang County. It was created on 10 January 1998 and upgraded to an ETZ at state level on 11 November 2010. The main industries in the zone consists of
Food and
Drink,
Advanced Material,
advanced equipment manufacturing,
health product and
cosmetics. As of 2016, its builtup area covers , the total
gross output of scale-sized industries hits 97.07 billion yuan (US$14.61 billion). ==Demographics==