GDP of Xixiangtang District in First Quarter of 2017 Increased by 12.1% YOY


Since 2017, Xixiangtang District had formulated relevant economic development plan with focus on such fields as investment, industry, finance and tax, and consumption, and improved its services for major projects and key enterprises, thereby excellent effects were obtained with an overall steady growth on the district’s economy in the first Quarter of 2017.

The GDP of Xixiangtang District in the first three months of 2017 reached RMB 18.58 billion yuan with an increase of 12.1% year on year. The financial revenue increased by 14.24%; the industrial added value of industries above a designated scale increased by 5.2%; the investment on fixed asset increased by 11.83%; and the total retail sales of consumer goods increased by 10.7%, which indicated that the key economic indexes enjoyed better growth rates than the expectation at the very beginning of 2017.

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