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Guangdong's GDP up 10.0% in 2011

Jan. 30, 2012 (China Knowledge) - South China's Guangdong Province saw its gross domestic product grow 10.0% year on year to RMB 5.3 trillion in 2011, according to the latest statistics released by the Guangdong Statistics Bureau.

The province's per-capita GDP increased 8.0% year on year to RMB 50,295 or US$7,787 last year.

Value-added output in the primary industry rose 4% year on year to RMB 265.98 billion, and that in the secondary sector jumped 11.3% year on year to RMB 2.62 trillion. The tertiary sector generated RMB 2.38 trillion last year, 9.1% more than in 2010.

The province experienced a 12.6% growth in value-added industrial output, which stood at RMB 2.41 trillion last year.

Fixed-asset investment jumped 17.6% year on year to RMB 1.69 trillion in 2011. Retail sales in the province swelled 16.3% year on year to RMB 2.02 trillion.
The province's exports grew 17.4% year on year to US$531.94 billion.

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