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GDP Growth In The First Half Year Of Yiwu Reached 8%, The Total Revenue Growth Reached 5.1%

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GDP Growth In The First Half Year Of Yiwu Reached 8%, The Total Revenue Growth Reached 5.1%

Aug 15,2016


On July 26, Yiwu Municipal Bureau of Statistics announced Yiwu economic operation data of the first half year, that in the first half of this year, the GDP of Yiwu City achieved 50 billion 590 million yuan, an increase of 8%.

In industrial production, from January to June this year, above scale industrial enterprises in Yiwu City completed output value of 36 billion 727 million yuan, an increase of 5.8%; cumulative sales output value of 34 billion 836 million yuan, an increase of 5.6%. Medium-sized enterprises are the main force to support the growth rate of industrial output. From January to June, above scale industrial medium-sized enterprises in Yiwu City achieved output value of 13 billion 246 million yuan, an increase of 10%, 4.2 percentage points higher than the growth rate of above scale industrial output value.

In the market operation, from January to June this year, Yiwu market achieved turnover of 66 billion 690 million yuan, an increase of 9.9%. Among them, China's Commodity City achieved turnover of 53 billion 920 million yuan, an increase of 12.2%.

In terms of fiscal revenue and expenditure, from January to June this year, Yiwu City completed the total fiscal revenue of 7 billion 350 million yuan, an increase of 5.1%; the local fiscal revenue of 4 billion 630 million yuan, an increase of 6.1%. At the same time, Yiwu's tourism industry of the first half maintained a rapid growth momentum. From January to June this year, the total tourism revenue of Yiwu City reached 8 billion 230 million yuan, an increase of 29.3%; the number of tourists of 6 million 816 thousand, an increase of 21.2%, room occupancy rate of star hotels up to 50%.

In terms of foreign trade import and export, the total import and export turnover of the first half year of Yiwu City achieved 15 billion 410 million U.S. dollars, an decrease of 1.3%. Among them, the total exports achieved 15 billion 250 million U.S. dollars, an decrease of 1.4%; the imports achieved 170 million U.S. dollars, an increase of 9.7%. Despite the total import and export growth and export growth was still in a negative growth state, the decline narrowed significantly compared to the first quarter.

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