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Xi'an's nine-month GDP rises by 4%

Updated: Nov 4, 2022 en.xa.gov.cn Print
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An evening view of Xi'an. [Photo/Xi'an municipal government's WeChat account]

In the first three quarters of the year, the gross domestic product or GDP of Xi'an – capital of Northwest China's Shaanxi province – totaled 826.27 billion yuan ($113.16 billion), up 4 percent year-on-year, according to the latest figures from the Xi'an statistics bureau.

During the period, the city's added value from its primary, secondary and tertiary industries saw respective year-on-year increases of 4.1 percent, 9.1 percent and 1.6 percent – to 18,79 billion yuan, 293.76 billion yuan, and 513.72 billion yuan.

The city's added value of industries above a designated size grew by 13.4 percent – 2.4 and 1.7 percentage points higher than the first half and the January-August period, respectively.

Of that, the output value from the automobile manufacturing industry, the electrical machinery and equipment manufacturing and the railways sectors, the maritime sector, as well as the aerospace and other transportation equipment manufacturing sectors experienced rapid growth – surging in the period by 44 percent, 40.9 percent and 27.7 percent, respectively.

From January to September, Xi'an's service sector gradually recovered, with the added value of the sector growing by 1.6 percent.

Also, the city's fixed asset investment (excluding rural households) rose by 8.8 percent year-on-year – 3.3 and 1.8 percentage points higher than the first half of the year and the January-August period respectively.

In the nine months, the city's total retail sales of consumer goods came in at 345.54 billion yuan, a year-on-year decrease of 6.3 percent, with the decrease narrowing 3.4 percentage points from the first half of the year.

Meanwhile, the foreign trade of Xi'an in the period reported a slight growth of 1.9 percent to 330.59 billion yuan – with exports worth 206.41 billion yuan, up 20.6 percent, while imports were 124.18 billion yuan, down 19 percent.

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