Main economic data of Nanning in first quarter of 2018 released


This year, under an extremely complex and ever-changing economic situation, all levels of the city have taken active and vigorous measures in order to maintain the sustained, steady and healthy development of the city's economy. From January to March, the city’s agricultural development remained basically stable, industrial production declined, investment maintained rapid growth, the consumer market was generally active, and fiscal revenue grew steadily. On the whole, GDP growth has slowed down.

According to preliminary calculations, in the first quarter, the city’s GDP reached 80.967 billion yuan, a year-on-year increase of 4.5% at comparable prices. The added value of the primary industry was 5.151 billion yuan, an increase of 2.6%; the added value of the secondary industry was 24.722 billion yuan, a decrease of 2.4%, of which the industrial added value was 18.247 billion yuan, a decrease of 3.9%; the tertiary industry added value was 51.094 billion yuan, an increase of 9.8%. The proportion of the added value of the three industries to the city’s GDP was 6.4%, 30.5%, and 63.1%, respectively.

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