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Sichuan's GDP up 13% in H1

Aug. 6, 2012 (China Knowledge) - Sichuan Province saw its gross domestic product grow 13% YoY to RMB 1.06 trillion in the first half of this year, according to the latest statistics released by the Sichuan Statistics Bureau.

The growth rate was 5.2 percentage points higher than the national average of 7.8% in the period.
Value-added output in the primary industry rose 4.3% YoY to RMB 123.69 billion in the first six months, and that in the secondary sector grew 16.1% YoY to RMB 599.14 billion. The tertiary sector generated RMB 337.55 billion, 10.5% more than in the same period of 2011.

The value-added output of industrial enterprises each with core business revenue of at least RMB 200 billion in the province rose 16.6% in H1, and the growth rate was 6.1 percentage points higher than the national average. These industrial enterprises reaped RMB 71.47 billion in gross profit, 17.7% more than in the same period of last year.

The province's retail sales grew 15.9% YoY to RMB 429.82 billion in H1. Fixed-asset investment amounted to RMB 863.9 billion in the period, up 20.5% YoY, and export value surged 74.7% to US$18.81 billion.

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