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Zhongshan's GDP sees 1.0% YoY growth in H1
2022-07-28

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In the first half of 2022, Zhongshan's GDP was 169.799 billion yuan, up 1.0% year-on-year.


The added value of the primary industry was 4.227 billion yuan, up 8.4% year-on-year; the secondary industry valued at 84.504 billion yuan, up 1.7% year-on-year; and the tertiary industry was 81.068 billion yuan, up 0.1% year-on-year.


Zhongshan saw a steady growth in industrial production. In the first half, the added value of industries above designated size reached 71.576 billion yuan, up 2.2% year-on-year. The manufacturing industry played an significant supporting role, with its added value increasing by 2.4%. Modern industries have also developed well, and the added-value growth rates of the machining tool, high-tech manufacturing, equipment manufacturing and advanced manufacturing industries were higher than that of industries above designated size in Zhongshan, with an increase of 8.1%, 5.5%, 4.0% and 2.8% respectively.


In the first half of the year, fixed asset investments in Zhongshan increased by 4.7% with a significant increase over the period from January to May. Investments in infrastructure increased by 14.8%,  up 16.1 percentage points from that in the first 5 months. Investments in manufacturing rose by 16.1%, including investment in high-tech manufacturing that increased by 37.1%, accounting for 27.8% of the manufacturing industry. Investments from Hong Kong, Macao, Taiwan and foreign investors also increased by 45.7%.


In the first half, retail sales in Zhongshan totaled 80.893 billion yuan, rising by 2.7% year-on-year, and 2.5 percentage points higher compared with that from January to May. The total import and export value was 148.91 billion yuan, rising 23.6% year-on-year.


In the first half of the year, Zhongshan's consumer price index rose by 1.7% year-on-year.

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