Shenzhen's GDP hits ¥1.45t in 2013
2014-February-12 Source: Szdaily web edition
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Shenzhen city’s GDP increased by 10.5 percent to 1.45 trillion yuan (US$237 billion) in 2013, ranking fourth among major Chinese cities, Shenzhen Municipal Statistics Bureau announced.

Shanghai ranked first, followed by Beijing and Guangzhou. Tianjin ranked fifth.

“Investment, consumption and exports were three driving forces for the city’s economy in 2013,” said Hu Weidong, the bureau’s chief statistician.

The city’s fixed-asset investments reached 250.1 billion yuan last year, an increase of 14 percent from 2012. About 35.8 billion yuan of that total, or 14.3 percent, was invested in urban rejuvenation projects.

Retail sales of consumer goods in 2013 totaled 443.3 billion yuan, an increase of 10.6 percent from 2012.

The city’s foreign trade volume reached US$537.3 billion, a yearly increase of about 15 percent. Shenzhen’s foreign trade accounted for 12.9 percent of the country’s total and nearly half of Guangdong Province’s total, according to Shenzhen Customs.

“Strategic emerging industries spurred the economic growth. The added value of those industries reached 500 billion yuan last year, an increase of 20 percent over 2012, double the average economic growth and accounting for 34.5 percent of the city’s total GDP,” Hu said.

Public fiscal budgetary revenue reached 173.1 billion yuan last year, a yearly increase of 16.8 percent. Energy consumption per 10,000 yuan GDP dropped by 4.3 percent, to 0.432 tons of standard coal, and electricity consumption per 10,000 yuan GDP dropped by 7.14 percent, to 558.41 kwh.

(Han Ximin)

Editor: Olivia
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