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Jilin province sees economy grow steadily

Updated: 2020-10-23
(ejilin.gov.cn)

Jilin province sees economy grow steadily

Residents visit Hongqi street – one of the earliest commercial streets in Changchun, capital city of Northeast China's Jilin province. [Photo/cnjiwang.cn]

Northeast China's Jilin province saw its gross domestic product reach 879.67 billion yuan ($131.07 billion) in the first three quarters, a year-on-year increase of 1.5 percent based on comparable prices.

That was 1.9 percentage points higher than the first half of the year, when GDP was in negative territory, with the latest performance 0.8 percentage points higher than the national average growth rate.

In the nine months, the total output value of the agriculture, forestry, animal husbandry and fishery sectors in the province increased by 1.8 percent year-on-year.

That was 2.7 percentage points above the performance in the first half of the year, when the rate changed from negative to positive.

The added value of industrial enterprises above a designated size in the province increased by 6.2 percent year-on-year, 2.9 percentage points higher than the first half of the year and 5 percentage points higher than the national average.

The added value of service sector in the province decreased by 1.1 percent year-on-year, 0.9 percentage points lower than that in the first half of the year.

Fixed asset investment increased by 8.9 percent year-on-year, 1.1 percentage points higher than the first half of the year and 8.1 percentage points higher than the national average.

Total retail sales of consumer goods decreased by 15.1 percent year-on-year, 4.9 percentage points lower than that in the first half of the year.

On the whole, the province's economy is operated in an orderly fashion in the first three quarters and the post novel-coronavirus epidemic recovery is further accelerated.

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