Homepage |
首页 新闻动态 法律服务 数据服务 项目服务 投资环境 投资服务机构 经济开发区
Macro-Economy | Business Economy | Industrial Economy | Regional Economy

Home >News >Full article
Search
Guangdong's industrial growth picks up in first quarter
2019/4/22 15:17:56 Source:Xinhua

GUANGZHOU, April 22 (Xinhua) -- The total output of industrial enterprises above designated size in Guangdong Province grew by 6.5 percent year-on-year in the first quarter, the highest in nearly nine months, said the provincial statistics bureau Sunday.
The southern province's gross domestic product reached 2.39 trillion yuan (356.5 billion U.S. dollars) in Q1, a year-on-year increase of 6.6 percent, said Wang Liying, an official with the bureau.
High-tech manufacturing industry recorded the highest growth rate of 9.6 percent, accounting for nearly one-third of Guangdong's total industrial added value.
Private enterprises contributed to nearly 85 percent of the province's value added of the industrial enterprises above designated size, with a growth rate of 11.5 percent.
Measures of tax cuts and fee reductions began to pay off in Guangdong and gave a strong boost to the market confidence in Q1, said Wang.
Guangdong continued to see double-digit growth in investment in Q1, a rise of 11.2 percent. Investment in sectors including education, information transmission, software and information technology all grew by over 45 percent.

Print Collection Close
 Related News More>>
 Site Map | About Us | Services | Links | Statement

Ministry of Commerce of the People's Republic of China Department of Foreign Investment Administration

Operated by Investment Promotion Agency of MOFCOM

Tel:  (86-10) 64404554

Copyright by Invest in China

Fax: (86-10) 64515317

ICP Record No.: Beijing ICP 06041048-4 E-mail: service@fdi.gov.cn