China Knowledge quoted the Beijing Statistics Bureau said Beijing, China capital city, saw its gross domestic product grow 8.1%YoY to CNY 1.6 trillion in 2011.

CNY 13.62 billion of the GDP was generated by the primary sector, 0.9% more than in 2010. CNY 374.44 billion and CNY 1.21 trillion were generated in the secondary sector and the tertiary sector up by 6.6%YoY and 8.6%YoY.

Last year, the city fixed asset investment increased 13.3%YoY to CNY 591.06 billion including CNY 75.19 billion investments in the industrial sector up by 46.7%YoY.

Beijing retail sales swelled 10.8%YoY to CNY 690.03 billion in 2011 and its foreign trade surged 29.1%YoY to USD 389.49 billion including USD 330.47 billion in import value up by 34.2%YoY.

The city fiscal revenue last year rose 27.7%YoY to CNY 300.63 billion driven by a 33.3% growth in corporate income tax and a 25.3% increase in business tax.

(Sourced from China Knowledge)