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Tertiary industry of Liuzhou becomes market leader with high-quality development
Date:2019-01-15 By:Guili Su Source:Liuzhou Daily

In 2018, Liuzhou’s tertiary industry, which had got rid of its weakness, has made the latest, highest and fastest achievements in history. That year has seen the great contribution made by the tertiary industry -- the “Power Source” and “Stabilizer” of economy -- to the transformation between old and new kinetic energy, as well as the steady development and stable employment of Liuzhou. It is estimated that the added value of the city’s tertiary industry has increased by 12%; the retail sales volume of social consumer goods has totaled 127.12 billion yuan, an increase of 10%; and its proportion to GDP has exceeded 40%, and the economic contribution rate has exceeded 60%. The data have broken the record.

In 2018, Liuzhou’s service industry continued to develop rapidly, with the basic completion of 4 major thousand-mu logistics parks and 8 modern service industry projects, the remarkable success of “E-commerce Liuzhou”, and the comprehensive establishment of the national comprehensive demonstration counties for e-commerce to enter the rural areas. At the same time, with the deepening of the supply-side structural reform, the tertiary industry of the city stayed active. The consumption barometer showed that Liuzhou's promotion of mass consumption was expected to drive consumption of more than 5 billion yuan throughout the year.

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