Huzhou's GDP registers fastest growth in Zhejiang in H1

chinadaily.com.cn | Updated: Jul 28, 2021

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Container vessels dock at a port in Huzhou, East China's Zhejiang province. [Photo/WeChat account: huzhoufabu]

Huzhou's gross domestic product (GDP) amounted to 171.27 billion yuan ($26.35 billion) in the first half of this year, up 14.5 percent year-on-year.

The growth rate is the fastest in East China's Zhejiang province, according to statistics released by the Huzhou Bureau of Statistics on July 28.

The added value of the city's primary, secondary, and tertiary industries reached 6.74 billion yuan, 84.95 billion yuan and 79.57 billion yuan, representing a rise of 5 percent, 17 percent, and 12.9 percent respectively.

Its agriculture, forestry, animal husbandry, and fishery industries achieved 7.24 billion yuan in added value, up 5.1 percent year-on-year.

The industrial added value of enterprises above designated size in Huzhou surged 24 percent year-on-year to 61.71 billion yuan over the six-month period.

Stable growth was seen in its service sector, which registered a year-on-year growth of 12.9 percent in added value.

The city's investment in fixed assets also recorded a 15.4-percent rise over the period.

Huzhou's foreign trade volume rose 46.4 percent year-on-year to 73.57 billion yuan, with exports soaring 50.5 percent to 67.63 billion yuan.

From January to June, the city's fiscal revenue increased 22.4 percent year-on-year to 46.18 billion yuan.

The ratio between income of its urban and rural residents stood at 1.59 as of June, 0.03 lower than the same period of last year.

The per capita disposable income of its urban residents rose to 36,416 yuan, an increase of 15 percent, while the figure for their rural counterparts was 22,957 yuan, up 17.1 percent.