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Anhui's GDP grows 3.9% in 2020

Pub Date:2021-01-21 14:49 Source:www.cnanhui.org

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Anhui’s gross domestic product (GDP) came in at 3.868 trillion yuan ($598.4 billion) in 2020, up 3.9 percent from a year earlier, the provincial government said at a press conference on Wednesday.

The primary, secondary and tertiary industries posted increases of 2.2 percent, 5.2 percent and 2.8 percent in value-added output, respectively.

The province’s annual grain output reached 40.19 million tonnes, ranking 4th in the country.

Industrial value-added output increased 6.0 percent year-on-year, 3.2 percentage points higher than the national average. The growth brought the province to the 6th spot in the country.

The service sector’s value-added output rose 2.8 percent, higher than the national average of 2.1 percent.

Fixed-asset investment rose 5.1 percent last year, higher than the national average of 2.9 percent.

The province’s property investment went up 5.6 percent to 704.23 billion yuan. Its real estate sales stood at 734.61 billion yuan, up 7.7 percent.

The eastern Chinese province took the 3rd place in the country as its retail sales of consumer goods grew 2.6 percent year-on-year, compared to a 3.9-percent drop in the country as a whole.

Anhui’s foreign trade rose 13.6 percent, 12.1 percentage points higher than the national average. It claimed the 6th place in the country. In addition, foreign direct investment (FDI) in the province increased 2.1 percent to $18.31 billion.

Fiscal revenue grew 1.0 percent, while fiscal expenditure rose 1.1 percent.

Urban residents’ per capita disposable income reached 39,442 yuan, up 5.1 percent, while rural residents’ per capta disposable income increased 7.8 percent to 16,620 yuan.

Editor:Rita

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