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​Jiaxing's service industry posts stable growth

chinadaily.com.cn| Updated : Aug 9, 2022


An aerial view of Jiaxing in Zhejiang province. [Photo/cnjxol.com]

The added value of Jiaxing's service industry exceeded 134.6 billion yuan ($20.01 billion) in the first half of this year, according to official data.

The value of wholesale trade sales above designated size (those with annual sales of goods about 20 million yuan or more) increased by 21.3 percent, the third highest in Zhejiang province.

The revenue of service industry enterprises above designated size increased by 13.4 percent, while the revenue of the information service industry above designated size increased by 41.1 percent, the highest in the province.

Five of the city's platforms were selected as part of the second batch of provincial modern service industry innovation development zones, and the number of selected platforms has ranked first in the province for the past two years.

Twenty-six service industry projects were selected into the provincial major project plan, the most in the province.

In June, Nanhu district issued 7 million yuan in car consumption coupons, which boosted automobile consumption by 418 million yuan. The Jiaxing Economic and Technological Development Zone issued 40 million yuan in consumer coupons, covering 1,000 market players in 10 categories of consumption, including home decoration, catering, and entertainment. With the stimulation of automobile consumption coupons, automobile sales have reached 456 million yuan.

In addition, to further stimulate the vitality of the market and accelerate the development of new types of consumption, before the end of September the city will organize more than 100 activities to promote consumption and issue consumer coupons worth 300 million yuan in the fields of automobiles, home appliances, furniture, home decoration, accommodation, catering, tourism, culture and sports.