Huai'an achieves remarkable GDP growth in first 3 quarters of 2017
2017-11-09 15:41:00

Huai’an Municipal Government held a press conference on Nov 7, briefing about the city’s economic development in the first three quarters of 2017.

In the first three quarters of 2017, the city has achieved a regional GDP of 248 billion yuan ($36.47 billion), a year-on-year increase of 7.4 percent, and a total import and export value of $3.24 billion, a year-on-year growth of 29.3 percent.

In the same period, the city has fulfilled fixed asset investment of 188 billion yuan ($27.65 billion), a year-on-year rise of 11.4 percent, and registered 117 newly-established foreign investment projects, including 34 with a total investment value of more than $30 million each, with a registered contract foreign-investment value of $3.21 billion, a year-on-year growth of 46.1 percent.

The city is now striving to promote high-end projects. To date, it has attracted 12 new high-end projects with an investment value of more than 1 billion yuan ($147 million) each and 5 new high-end projects with a total investment value of over $100 million each.

The residents’ per capita disposable income has reached 18,724 yuan ($2,754), a year-on-year increase of 9.3 percent.

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Source:jschina.com.cn Editor:Dylan