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Liuzhou’s economic growth in Q1 remains stable with slight rise
Date:2018-04-23 By:Hongkun Jiang Source:Liuzhou Daily

In the first quarter of the year, Liuzhou has implemented the strategy of “Developing Industries to Expand the Market and Opening Up to Strengthen the City”, so as to firmly fight the “Three Tough Battles”, vigorously promote the “Three Major Constructions”, and persistently create the “Three Major Ecosystems”. Through maintaining a steady and upward tendency, encouraging economic reform and restructure, developing people’s livelihood and risks prevention, the city has not only seen a “Good Start” but a “Self-inspired Momentum” in its economic growth while “Stability” is maintained in this new developing model.

It is estimated that in the first quarter Liuzhou would see growth in several aspects: gross domestic product-- RMB64.34 billion, an increase of 7.2%, and a year-on-year increase of 2 percentage points; gross output value of industry above designated size-- RMB32.81 billion, an increase of 5.2%, and a year-on-year increase of 2.2 percentage points; investment in fixed assets-- RMB24.73 billion, an increase of 13.9% and an increase of 9.3%; fiscal revenue-- RMB10.69 billion, an increase of 11.3% and a year-on-year increase of 1.9 percentage points; total retail sales of social consumer goods-- RMB28.34 billion, an increase of 13.5% and an increase of 4.9 percentage points year-on-year. These data serves as positive indicators to an upward tendency and a better performance in the city’s economic development compared with last year.

According to the “Good Star” feature seen in the first quarter’s economic development, we can learn several impressive performances, from quality to the optimization of the primary, secondary and tertiary industries and from increasing people's livelihood to sound economic indicators, which have provided the most solid support for the “Steady” development.

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