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Lishui GDP up 7.3% in Q1

chinadaily.com.cn| Updated : Apr 25, 2024 L M S

In the first quarter, Lishui in Zhejiang province saw a GDP of 47.23 billion yuan ($6.52 billion), a 7.3 percent year-on-year increase at constant prices.

Key highlights:

I. Stable agricultural production

- Agriculture, forestry, animal husbandry, and fishery output totaled 3.45 billion yuan, up 4.4 percent year-on-year.

- Stable production of major agricultural products was seen, with increases in vegetable (4.3 percent), fruit (6.7 percent), and edible fungus (7.0 percent) production.

II. Rapid industrial production growth

- Added value of industries above designated size reached 9.98 billion yuan, growing by 10.5 percent year-on-year, accelerating by 2.6 percentage points compared to the previous year's annual growth rate.

- Total profits of enterprises in these industries reached 540 million yuan, a 1.7 percent year-on-year increase.

III. Continued recovery in service industry

- Value added of the service industry was 28.47 billion yuan, up by 6.3 percent.

- Operating income of service enterprises above designated size surged by 36.4 percent from January to February.

IV. Steady growth in resident income

- Per capita disposable income of all residents reached 14,754 yuan, increasing 6.9 percent year-on-year.

- Urban residents' disposable income per capita was 19,333 yuan, up 5.9 percent, while that of rural residents was 8,205 yuan, 8.5 percent.