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Guangzhou's Economy to Experience Steady Growth ............................................................................................................................................................................ |
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Reading:747 Origin:Guangzhou Cucheng Service Group Refresh time:2011-8-5 |
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In the report on the economic situation of Guangzhou in the first half year, the Guangzhou Municipal Statistics Department revealed that according to their preliminary calculations, the regional GDP in the first half year reached RMB 573 billion, up by 11 percent year-on-year, with a growth rate of 2.6 percentage points down year-on-year. The proportion of the three industries changed from 1.6:37.5:60.9 in the same period of last year to the current 1.5:36.6:61.9. The contribution rates of these three industries are 0.3%, 33.4%, 66.3%. Secondary industry increased by 17 percent year-on-year. Based on the current domestic and international situation, the report estimates that in the latter half of this year, Guangzhou's economy will experience steady growth and the economic development goal of the year is expected to be realized.
In the first half year, the output of scaled industries of Guangzhou reached RMB 706,702 billion, up by 10.3 percent year-on-year. The growth rate was 3.5 percentage points lower than that of the first season, 13.0 parentage points down year-on-year. In the first three months of this year, the output of the scaled industries decreased month by month, down by 2.8 percent in April month-on-month.
Notwithstanding, the three pillar industries of Guangzhou created outputs totaling RMB 333.371 billion, up by 6.5 percent year-on-year, and accounted for 47.17 percent of the total output of all scaled industries. This proportion decreased by 0.48 percentage points compared with that of January to May, and the growth rate was down by 29.7 percentage points year-on-year. |
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