Jining's GDP increases 6% in Q1

Jining is one of the major coal production centers in China. The added value of the city's coal sector increased 18.5 percent year-on-year in the first quarter of this year. [Photo/Dazhong Daily]

The regional gross domestic product of Jining in East China's Shandong province increased 6 percent year-on-year during the first quarter of this year, and the amount totaled 120.29 billion yuan ($18.25 billion), officials announced at a government news conference on April 27.

The added value of the primary, second and tertiary industries rose by 5.2 percent, 5.6 percent and 6.2 percent year-on-year, respectively, to 5.12 billion yuan, 49.13 billion yuan and 66.04 billion yuan.

That of industrial enterprises with an annual revenue of 20 million yuan and over increased 9.7 percent.

High-tech industrial products' output also showed rapid growth, with that of industrial robots, lithium-ion batteries and integrated circuits up 215.7 percent, 111.8 percent and 116.2 percent, respectively, and that of rare earth compounds and polysilicon increased more than 10 times.

Statistics also show that from January to February, the service sector above designated size realized a 29.1 percent growth rate in operation revenue.

During the first three months of the year, Jining's imports and exports totaled 16.26 billion yuan, up 31.3 percent. Of that, exports were valued at 11.8 billion yuan, up 39.5 percent, while imports totaled 4.46 billion yuan, up 13.6 percent.

The city's actual use of foreign capital was $268 million during this period, up 3.26 percent. That in the manufacturing sector was $132 million, accounting for 49.3 percent of the city's total.

Meanwhile, the fixed-asset investment amounted 7.8 percent, with that in the manufacturing sector, strategic emerging industries and high-end technology increasing 21.7 percent, 11.7 percent and 14.7 percent, respectively.