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Anhui’s GDP up 2.5% in Q1-Q3

Pub Date:2020-10-22 11:03 Source:www.cnanhui.org

East China’s Anhui province posted a year-on-year increase of 2.5 percent in gross domestic product (GDP) in the first three quarters this year, ranking 8th in the country, local authorities said at a press conference on Wednesday.

Despite the COVID-19 pandemic and the floods, the province’s GDP reached 2.77 trillion yuan ($416.60 billion) in the Jan-Sept period, up 2.5 percent from the same period a year ago. The growth was 1.8 percentage points higher than the national average, said Xiao Zhiying, chief statistician of the Anhui Provincial Bureau of Statistics.

The value-added output of the primary industry rose 1.5 percent year on year to 180.39 billion yuan, and that of the secondary and tertiary industries increased 3.1 percent and 2.0 percent to 1.13 trillion and 1.45 trillion yuan, respectively. 

The province took the 6th place in the country, with its industrial value-added output growth 2.7 percentage points higher than the national average. 

The value-added output of high-tech industries recorded a year-on-year growth of 13.4 percent, and the output of strategic emerging industries saw an increase of 17.1 percent, compared with the 10.5 percent and 8.0 percent increases during the first half of the year, respectively.

Fixed-asset investment rose 2.4 percent, 1.6 percentage points higher than the national average.

The growth in property investment reached 3.4 percent, and real estate sales increased 3.6 percent.

Retail sales of consumer goods stood at 1.31 trillion yuan, down 0.5 percent year on year.

The province’s foreign trade rose 10.2 percent to $56.45 billion. Exports increased 9.9 percent and imports grew 10.7 percent. The province ranked 4th in the country in terms of foreign trade growth. 

Fiscal revenue declined 3.8 percent, and fiscal expenditure went down 4.8 percent. 

Urban residents’ per capita disposable income increased 4.9 percent, and rural residents recorded a year-on-year rise of 6.8 percent.


Editor:Rita

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