Economic growth steady and improving
JIADING report a GVA (gross value added) of 187.59 billion yuan (US$27 billion) last year, up 6.9 percent from a year earlier.
Its fiscal revenue reached 22.73 billion yuan, a year-on-year increase of 18.8 percent.
The district’s economy maintained steady growth last year with its structure, quality and efficiency further improved. The industrial sector continued to stabilize and improve.
Local manufacturers with an annual revenue of over 20 million yuan were estimated to achieve a gross output value of 527.95 billion yuan in 2016, or a year-on-year growth of 5.4 percent.
The automotive industry consolidated its dominant position with output at 386.51 billion yuan last year, up 8.3 percent compared to 2015.
Strategic emerging industries generated 67.64 billion yuan in the first 11 months.
Retail sales of consumer goods topped 98.95 billion yuan last year, up 13.4 percent year on year. Investment in fixed assets was 43.03 billion yuan.
Sales of commodities in Jiading were estimated at 539.48 billion yuan in total.
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