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October 26, 2012

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HomeCity specialsHangzhou

City GDP up 8.1%

HANGZHOU'S gross domestic product grew by 8.1 percent in the first three quarters of this year from a year earlier, according to Hangzhou Statistics Bureau.

The GDP figure reached 550.2 billion yuan (US$87.3 billion) in the first nine months. Among the industries, service industry rose the fastest, with 9.1 percent growth to 273.5 billion yuan.

Industrial sector saw a 7.5 percent rise to 260.3 billion yuan while agriculture industry edged 1.9 percent - up to 16.4 billion yuan.

 

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