A panoramic view of Wenzhou in East China's Zhejiang province. [Photo by Yang Bingjie/provided to ezhejiang.gov.cn]
The Wenzhou statistics bureau announced on July 29 that in the first half of the year, the city's GDP reached 374.58 billion yuan ($55.48 billion), a year-on-year growth of 3.3 percent – 0.8 percentage points higher than the national and provincial averages.
The added values of the primary, secondary and tertiary industries were 7.12 billion yuan, 157.19 billion yuan, and 210.27 billion yuan, with respective year-on-year increases of 4.9 percent, 3.3 percent, and 3.3 percent.
Equipment manufacturing, strategic emerging industries, and digital economy core industries, which are industries above designated size – referring to those that reach a certain scale of production and meet national standards for environmental protection, energy consumption, and sanitary safety while also enjoying cost advantages – saw their added values increase by 6.3 percent, 6.3 percent and 9.6 percent respectively.
The city's fixed-asset investment registered a moderate year-on-year growth of 10.5 percent in the first half of the year, while investment in infrastructure increased 27.9 percent during the period.
The per capita disposable income of Wenzhou residents grew steadily to 33,458 yuan in the first half year of the year, with those of urban and rural residents reaching 38,870 yuan and 20,915 yuan, respectively.
The consumer market gradually recovered as the total retail sales of consumer goods in the city reached 187.31 billion yuan, up 1.8 percent year on year.
Foreign trade maintained solid growth as the total value of imports and exports of Wenzhou in the first half year reached 142.66 billion yuan, up 30.8 percent year on year. Exports reached 121.79 billion yuan, up 36.4 percent, and imports reached 20.87 billion yuan, up 5.4 percent.
