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Anhui's GDP up 0.7 percent in H1

Pub Date:2020-07-22 10:40 Source:www.cnanhui.org

The regional gross domestic product (GDP) of East China’s Anhui province grew 0.7 percent year on year to 1.76 trillion yuan (about $252 billion) in the first half of this year (H1), local authorities said on Tuesday.

The value-added output of the primary industry rose 1.2 percent year on year to 115.23 billion yuan in the Jan-Jun period, and that of the secondary and tertiary industries edged up 0.8 percent and 0.4 percent to 712.62 billion and 927.26 billion yuan, respectively, the provincial government said at Tuesday’s press conference.

The province increased summer grain output by 0.9 percent from the same period a year ago, ranking third in the country.

Industrial value-added output went up 2.0 percent, 3.3 percentage points higher than the national average.

The value-added output of the high-tech manufacturing sector recorded a year-on-year growth of 10.5 percent, and the output of the strategic emerging manufacturing sector saw an increase of 8.0 percent.

Fixed-asset investment rose 1.0 percent, 4.1 percentage points higher than the national average.

The province’s property investment growth reached 1.9 percent, while its real estate sales dropped 2.5 percent.

Retail sales of consumer goods stood at 845.7 billion yuan, down 3.5 percent year on year. 

Anhui’s foreign trade rose 5.5 percent to $34.81 billion. Exports increased 3.2 percent and imports grew 8.7 percent. The province took the fourth place in the country in terms of foreign trade growth.

Fiscal revenue declined 7.4 percent, while fiscal expenditure went down 7.5 percent.

Urban residents’ per capita disposable income increased 3.5 percent, while rural residents recorded a year-on-year rise of 5.5 percent.

During the first half of this year, Anhui took a slew of measures to revive the economy seriously affected by the COVID-19 pandemic.


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