Ordos' GDP ranks first in Inner Mongolia autonomous region
Updated: 2021-08-24 (chinadaily.com.cn) Print
The economic development momentum of the city of Ordos in North China's Inner Mongolia autonomous region is remaining strong.
In the first half of this year, Ordos' GDP ranked first in the autonomous region at 203.99 billion yuan ($30.61 billion), an increase of 11.1 percent year-on-year, which is higher than the average growth rate in Inner Mongolia.
The added value of primary industries was 1.91 billion yuan, a year-on-year increase of 3.8 percent, the added value of secondary industries was 124.33 billion yuan, a year-on-year increase of 10.0 percent, and the added value of tertiary industries was 77.75 billion yuan, a year-on-year increase of 12.9 percent.
Meanwhile, the added value of 474 industrial enterprises above designated size increased by 10.2 percent year-on-year, ranking 6th among all leagues and cities in the region and down 2.6 percent from the same period in 2019.
The city's fixed-asset investment increased steadily, with a year-on-year increase of 53.5 percent, ranking second in Inner Mongolia, and an increase of 2.4 percent over 2019.
Investment in primary, secondary, and tertiary industries increased by 446.4 percent, 52.9 percent, and 47.9 percent, respectively.
Social consumption and emerging consumption saw strong growth in Ordos as well.
From January to June, the city's total retail sales of consumer goods were valued at 26.43 billion yuan, ranking fourth in Inner Mongolia and representing a year-on-year increase of 14.9 percent.