Shenzhen’s GDP (gross domestic product) reached 1832.226 billion yuan in the first half of this year, recording a year-on-year increase of 5.1% on the constant-price basis, according to the statistics over the GDP of the whole Guangdong Province, released by Shenzhen Municipal Bureau of Statistics on July 30. The city achieved steady economic performance and made solid progress in the high-quality development in the first half of the year.
On the industry-specific basis, the added value of the city’s primary industry (including agriculture, forestry, animal husbandry and fishing) rose by 2.8% to 1.033 billion yuan, the added value of the secondary industry (spanning mining, manufacturing, electric power industry, heating industry, the production and supply of gas and water, construction industry) surged by 3.3% to 650.556 billion yuan, and the added value of the city’s tertiary industry (referring to the industries otherwise the primary and secondary industries) grew by 6.1% to 1180.637 billion yuan.
The industrial production grew steadily. In the first half of the year, the city saw the value-added output of the above-designated-size industrial enterprises (whose main business revenue of a year reaches 20 million yuan) increase by 4.3% year on year, up 0.1% from that of the first quarter alone.
The services sector presented the promising recovery. In the first half of the year, the city’s services sector boasted the value-added output of 1180.637 billion yuan, demonstrating the year-on-year growth of 6.1%, up 0.1% from that of the first quarter alone.
The fixed-asset investment descended. In the first half of the year, the city’s investment in the fixed assets fell by 10.9% as compared with that of the previous year.
The market sales achieved accelerated growth. In the first half of the year, the city’s total retail sales of consumer goods surged by 3.5% year on year to 494.868 billion yuan, at a rate 0.4% higher than that of the first quarter alone.
The goods imports and exports recorded the narrowed decline. In the first half of the year, the city’s total import-export volume hit 2167.545 billion yuan, recording a year-on-year decrease of 1.1%, narrowed by 1.7% as compared with that of first quarter alone. Specifically, the total exports stood at 1308.681 billion yuan, down 7.0%, while the imports surged by 9.5% to 858.864 billion yuan.
The financial institutions reported the steady growth in the deposits and loans. At the end of June, the balance of deposits in foreign and domestic currencies reached 14160.014 billion yuan at the city’s financial institutions (including the foreign-funded ones), which surged by 5.7% year on year, while the balance of the loans in foreign and domestic currencies totaled 9846.991 billion yuan, which increased by 3.5% year on year.
The consumer prices edged up. In the first half of the year, the city’s consumer prices rose by 0.1% as compared with the same period of last year.
Notice: some data above is from the related authorities.
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