China Knowledge quoted according to the latest statistics released by the Zhejiang Statistics Bureau, East China Zhejiang Province saw its gross domestic product grow 7.4% YoY to CNY 1.58 trillion in the first half of this year.

The growth rate was 0.3 percentage points higher than that in the first quarter. Value-added output in the primary industry rose 2.1% YoY to CNY 65.57 billion in the first six months, and that in the secondary sector grew 6.5% YoY to CNY 800.59 billion. The tertiary sector generated CNY 712.88 billion up by 8.8%YoY.

The value-added output of industrial enterprises each with core business revenue of at least CNY 200 billion in the province rose 5.2% in H1 to CNY 507.3 billion and the growth rate was 0.4 percentage points higher than that in Q1.

The province's retail sales grew 9.7% YoY to CNY 637.3 billion in real terms in H1 and the growth rate was 0.7 percentage points higher than that in Q1. Fixed-asset investment amounted to CNY 756.8 billion in the period up 23.9% YoY, and export value climbed 5.2% to USD 105.65 billion.

Source - China Knowledge

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