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Yiwu GDP up 7.3% in Q1

chinadaily.com.cn| Updated :2023-04-25

Yiwu's GDP in the first quarter of 2023 reached 43.74 billion yuan ($6.34 billion), a year-on-year increase of 7.3 percent, according to the Yiwu municipal bureau of statistics on April 24.

The added values of the city's primary, secondary, and tertiary industries were 416 million yuan, 13.51 billion yuan and 29.8 billion yuan, up 8.5 percent, 5.7 percent, and 8.1 percent respectively.

The total import and export volume of Yiwu in the first quarter was 118.44 billion yuan, an increase of 11.4 percent year-on-year, of which exports accounted for 107.09 billion yuan, up 11 percent year-on-year, and imports accounted for 11.35 billion yuan, up 15.6 percent year-on-year.

In the first quarter, Yiwu's total retail sales of consumer goods reached 28.01 billion yuan, a year-on-year increase of 9.5 percent, which was 6.8 percentage points higher than the same period last year.

The per capita disposable income of urban and rural residents in Yiwu in the first quarter was 27,668 yuan, an increase of 1.7 percent year-on-year. The per capita disposable income of urban residents was 31,244 yuan and the per capita disposable income of rural residents was 15,240 yuan.