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Hefei's GDP Per Capita Tops $10,000
2015/2/15 15:43:10 Source:www.cnanhui.org

Hefei's gross domestic product (GDP) per capita exceeded $10,000 in 2014, marking that the capital of East China's Anhui province entered a "moderately developed" era statistically.

According to the municipal bureau of statistics, the indicator reached 67,394 yuan ($10,971), up 9.1 percent year-on-year. The figure was 196 percent of the provincial average.

It was the first time the city's GDP per person had exceeded $10,000. It reported 61,500 yuan, approaching $10,000, in 2013.

By the World Bank's standards, a country or region can be called "developed" once its GDP per capita reached $10,000. In 2013, 65 countries and regions in the world achieved that level.

The city enjoyed economic growth per person of 10 percent year-on-year, higher than the provincial average of 7.4 percent and the national average of 9.2 percent, statistics from the bureau showed. It was ranked 8th among 26 provincial capitals in terms of the GDP growth.

Meanwhile, the city registered 24,272 yuan in per capita disposable income, representing a rise of 10.5 percent from a year earlier, according to the bureau.

The disposable income of its urban residents increased 9.4 percent year-on-year to 29,348 yuan, compared to 9 percent in the country, while proceeds of rural residents advanced 12.2 percent to 14,407 yuan, higher than the national average of 11.2 percent.

The fiscal revenue totaled 88.1 billion yuan last year, up 14.6 percent year-on-year, the bureau said.

 
 
 

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