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Hebei's GDP up 11.3% in 2011

Jan. 25, 2012 (China Knowledge) - Hebei Province saw its gross domestic product grow 11.3% year on year to RMB 2.42 trillion in 2011, according to the latest statistics released by the Hebei Statistics Bureau.

The province's grain output topped 30 billion kilograms last year.

Value-added output in the primary industry rose 13.4% year on year, followed by a 10.5% growth in value-added output in the secondary sector and 4.2% increase in the tertiary sector.

The province experienced a steady growth in value-added industrial output, which increased 16.1% year on year to RMB 1.05 trillion last year.

Fixed-asset investment jumped 24.3% year on year to RMB 1.64 trillion in 2011. Investment in the real estate sector rose 35.5% to RMB 306.96 billion.

Retail sales in the province swelled 17.8% year on year to RMB 803.55 billion.

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