Chengdu’s GDP Reaches RMB384.56 Bln in Q1

Authors: Go Chengdu

2020-04-27

The Chengdu Bureau of Statistics released April 23 on its official website the city’s GDP in this year's first three months, which reached RMB384.56 billion, dropping 3.0% from the same period of last year.
In the period, the city's added value of the primary industry was nearly RMB9.18 billion, a year-on-year decrease of 2.0%; that of the secondary industry close to RMB110.20 billion, a year-on-year decrease of 3.5%; and that of the tertiary industry roughly RMB265.17 billion, a year-on-year decrease of 2.8%.
Due to the COVID-19 outbreak, Chengdu suffered an unprecedented economic slowdown in January and February. To mitigate the impact of the epidemic on the local economy, the city government adopted a number of policies to support local companies and industries.
Chengdu’s GDP  in Q1
In the three months, the industries relating to epidemic prevention and control saw a significant increase. The added values of those involving the electronic information and pharmaceuticals rose 9.5% and 9.8% respectively. And the output of medical masks grew 6.6 times.
The revenues from software and information technology services as well as Internet-based sectors rose 16.6% and 18.9% respectively in January and February.
In foreign trade aspect, Chengdu maintained a sound momentum of growth. In the first quarter, the city's foreign trade volume hit RMB139.82 billion, increasing 14.1% year on year. And the Chengdu Hi-Tech Comprehensive Bonded Zone topped all of its Chinese counterparts for the 24th consecutive month in terms of the gross export and import volume.
The Chengdu International Railway Port ran a total of 799 inbound and outbound cargo trains, including 447 running along the China-Europe Express Railway, up 36.3% and 92.7% year on year respectively. In addition, the port handled, for the first time, over one million import and export transactions via cross-border e-commerce, 21 folds over the same period of a year ago.
During the period, 144 foreign-invested companies were newly registered in the city, which received a total foreign-invested fund of RMB14.17 billion, a year-on-year rise of 1.7%, and a foreign direct investment (FDI) amounting to US$250 million.

Sichuan's GDP Reaches 598 bln USD in 2018

It only took three years for Sichuan to increase its GDP from 3 trillion yuan to 4 trillion yuan.

Jan 26, 2019

City’s GDP Grows 8.0% to Over RMB1,534 Bln in 2018

Last year, Chengdu's gross domestic product (GDP) reached RMB1,534.28 billion, rising by 8.0% year on year at a comparable price, and 1.4% higher than the national average.

Jan 30, 2019

City Sees 8.0% GDP Growth in Q1

In this year's first quarter, Chengdu’s GDP reached RMB355.01 billion, rising 8.0% from the same period of last year at a comparable price, and 1.6% higher than the national average.

May 09, 2019

Chengdu’s GDP Hits RMB770.25 Bln in H1

In this year's first half, Chengdu’s GDP reached RMB770.25 billion, rising 8.2% from the same period of last year at comparable price, and 1.9% higher than the national average.

Aug 01, 2019

Chengdu’s GDP Exceeds RMB1,701 Bln in 2019

Last year, Chengdu's GDP reached RMB1,701.27 billion, rising by 7.8% year on year at a comparable price.

Feb 10, 2020

Share to WeChat Close
Scan via WeChat!

About Us | Privacy Policy | Terms of Use | Link to Us | Contact Us

蜀ICP备14024942号-1 Go成都 www.gochengdu.cn