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District value gains despite economic downturn
By Shen Qing and Fei Lai |
April 27, 2009, Monday
|
Print Edition
Print Edition
JIADING District's added value in the first quarter of this year reached 14.61 billion yuan (US$2.14 billion), an increase of 1.8 percent from a year earlier.
The district's gross industrial output amounted to 51.59 billion yuan in the first quarter, increasing 1 percent from the same period last year.
In spite of the negative effects brought by the global economic downturn, the district realized its anticipated goal.
The district's fiscal revenue in the first quarter reached 6.1 billion yuan, an increase of 3.2 percent from same period last year.
The district also attracted contract foreign capital of US$310 million, accounting for 36.3 percent of its target for the year.
For the manufacturing industry, products targeting domestic market were little influenced by the economic downturn. The industrial outputs in beverages, medicines and non-metal mineral products increased by 39.3 percent, 26.9 percent and 15.5 percent respectively.
Benefiting from the country's plan to revive the car industry, the district's automobile market began to pick up. The decrease rate of the auto spares industry's output was 12.7 percent in the first three months, down from January's 18.9 percent.
The tertiary industry in Jiading continued to grow. In the first quarter, the added value of the tertiary industry in the district reached 4.67 billion yuan, an increase of 3.9 percent.
Retail sales in the district totaled 4.86 billion yuan, increasing 3.8 percent.
The development of the real estate industry also went smoothly. The district's newly launched real estate projects totaled 700,000 square meters, increasing 8.7 percent.
The average price of apartments and villas increased by 5 percent and 17 percent respectively. The deals in towns such as Jiangqiao and Nanxiang soared obviously, increasing by 74 percent and 46 percent respectively.
The average price for second-hand houses reached 6,809 yuan per square meter, increasing 12 percent.
The district's gross industrial output amounted to 51.59 billion yuan in the first quarter, increasing 1 percent from the same period last year.
In spite of the negative effects brought by the global economic downturn, the district realized its anticipated goal.
The district's fiscal revenue in the first quarter reached 6.1 billion yuan, an increase of 3.2 percent from same period last year.
The district also attracted contract foreign capital of US$310 million, accounting for 36.3 percent of its target for the year.
For the manufacturing industry, products targeting domestic market were little influenced by the economic downturn. The industrial outputs in beverages, medicines and non-metal mineral products increased by 39.3 percent, 26.9 percent and 15.5 percent respectively.
Benefiting from the country's plan to revive the car industry, the district's automobile market began to pick up. The decrease rate of the auto spares industry's output was 12.7 percent in the first three months, down from January's 18.9 percent.
The tertiary industry in Jiading continued to grow. In the first quarter, the added value of the tertiary industry in the district reached 4.67 billion yuan, an increase of 3.9 percent.
Retail sales in the district totaled 4.86 billion yuan, increasing 3.8 percent.
The development of the real estate industry also went smoothly. The district's newly launched real estate projects totaled 700,000 square meters, increasing 8.7 percent.
The average price of apartments and villas increased by 5 percent and 17 percent respectively. The deals in towns such as Jiangqiao and Nanxiang soared obviously, increasing by 74 percent and 46 percent respectively.
The average price for second-hand houses reached 6,809 yuan per square meter, increasing 12 percent.
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