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Zhoushan's GDP rises 8.7% in H1

Updated : 2022-07-29 (chinadaily.com.cn)

The GDP of Zhoushan in East China's Zhejiang province in the first half of 2022 saw a year-on-year increase of 8.7 percent to reach 89.59 billion yuan ($13.28 billion), official statistics show.

Recently released figures show that the output value of industrial enterprises above designated size in the city grew 55.7 percent year-on-year, while the added value rose 20.9 percent year-on-year in the first six months of this year. 

During the same period, the industrial power consumption in Zhoushan reached 6.58 billion kWh, a year-on-year increase of 62.4 percent.  

The total investment in the city in the first half of 2022 was 54.88 billion yuan, a year-on-year increase of 10.1 percent. Among them, investment in infrastructure saw a year-on-year growth of 128.4 percent. 

Imports and exports in the city from January to June was worth 149.77 billion yuan, a year-on-year increase of 29.9 percent. 

In addition, retail sales of social consumer goods in Zhoushan during the period increased to 27.03 billion yuan, up 3.4 percent year-on-year, while the Consumer Price Index (CPI) expanded by 1.2 percent year-on-year. 

According to the city's bureau of statistics, the per capita disposable income in the city in the first six months of 2022 was 33,674 yuan, a year-on-year increase of 4.6 percent in real terms after deducting price factors.