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Industry revenue up
HANGZHOU'S 10 key industries generated combined revenue of 245 billion yuan (US$38.9 billion) in the first three quarters of the year, rising 12.5 percent year on year.
The revenue increase was 4.4 percentage points higher than the 8.1 percent GDP growth over the same period.
E-commerce saw the biggest jump among the top 10 industries, with a rise of 49 percent to 16.4 billion yuan. Most of the other industries saw healthy increases, with the exception of the new energy sector, which recorded a drop of 0.8 percent.
The 10 key industries in Hangzhou also include: equipment manufacturing, environment, biomedicine, Internet of things, tourism, culture and creative industry, software and finance.
The revenue increase was 4.4 percentage points higher than the 8.1 percent GDP growth over the same period.
E-commerce saw the biggest jump among the top 10 industries, with a rise of 49 percent to 16.4 billion yuan. Most of the other industries saw healthy increases, with the exception of the new energy sector, which recorded a drop of 0.8 percent.
The 10 key industries in Hangzhou also include: equipment manufacturing, environment, biomedicine, Internet of things, tourism, culture and creative industry, software and finance.
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