News
Wuhu GDP hits 137.989 billion yuan
2017-07-24
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    Wuhu GDP hits 137.989 billion yuan in the first half of the year, up 8.7%.The growth rate is 1.8% higher than the national average. The output growth of large industries is 1.7% higher than the national average. The total retail sales of consumer goods increase 2% higher than the national average. The growth rate of investment is 1.2% higher than the national average.

    In the first six months, the proportion of three industries is 2.8%:58.3%:38.9%.By comparison to that period last year, the primary industry is 0.4% lower, the secondary industry is 0.4% higher and the tertiary industry is the same.

     IVA in new industries on strategic significance accounts for 25.7% in large-scale industries, a year-on-year increase of 1.8%. IVA in hi-tech industries accounts for 54.4% in large-scale industries, a year-on-year increase of 1.4%.

     The growth rate of service industry, which has made a contribution of 42.5% to the GDP, is 1.5% higher than the secondary industry. In the first five months, the five major modern service industries reach a sales revenue increase at 14.7%. For instance, modern logistics, culture and innovation, tourism have added their sales revenue at growth rates of 12.5&, 40% and 28.7% respectively. The growth rate of IVA in strategically new industries, which has made a contribution of 51% to large-scale industries, is 9.8% higher than that in large-scale industries, an increase of 4.4% compared to that one year earlier. The total income of main operations from large-scale industries reaches 245.805 billion yuan, up 17.7%.They have made a total profit of11.369 billion yuan, up 7.7%. 

     In the first half of the year, 4,011 projects are under construction, among which 1,025 projects value at more than 100 million yuan each. 2419 new projects with a planned investment of 187.389 billion yuan are undergoing. About 39% is fully funded.

    127 large-scale industrial enterprises are newly added, which have achieved an added value of 1.036 billion yuan. Particularly 57.076 billion yuan are contributed by private enterprise. 5 medium-sized enterprises are newly added, which have achieved a retailing amount of 221 million yuan. 94 large-scale service enterprises are newly added, which have achieved a sales revenue of 2.278 billion yuan.

     

    P.S. large industries refer to those enterprises with annual revenue of 20 million yuan or more from their main business operations. Medium-sized enterprises refer to those wholesaling enterprises with annual revenue of 20 million yuan or more from their main business operations, those retailing enterprises with annual revenue of 5 million yuan or more, and those hotels and catering enterprises with annual revenue of 2 million yuan or more. Large-scale service enterprises refer to those enterprises with annual revenue of 10 million yuan or more or 50 employees at the end of the year.

     

                             Translated by Li Junting from Wuhu FAO