Recently, the Nanning Municipal Bureau of Statistics released the main economic data for the first quarter of 2019. According to the preliminary calculation, Nanning’s GDP reached 85.855 billion yuan in the first quarter, a year-on-year increase of 6% calculated at comparable prices, 1.5 percentage points higher than that of the same period of the previous year, making a good start for the economy.
In addition, according to the statistics of the Nanning Finance Bureau, the city's fiscal revenue and expenditure kept growing in the first quarter. The general public budget revenue reached 10.852 billion yuan, an increase of 9.2%, and the general public budget expenditure amounted to 16.561 billion yuan, a year-on-year increase of 5.5%. In particular, the eight expenditures totaled 13.447 billion yuan with a growth rate of 14.5%, among which, the science and technology expenditure increased by 382.8%, social security and employment expenditure by 30.4%, and urban and rural community expenditure by 28.4%.