Guangdong’s GDP, foreign trade both hit 1 trillion USD
2013-December-31 Source: Newsgd.com
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Based on preliminary statistics, GDP of Guangdong province is expected to reach 6.23 trillion RMB (1 trillion USD) this year, up 8.5 percent from 2012, according to the provincial Development and Reform Commission.

The foreign trade is also expected to surpass 1 trillion USD in 2013, an increase of 7.5 percent year on year, which further consolidates the province’s position as China’s leading province in GDP and foreign trade.

Data from the provincial Statistics Bureau shows the investment, consumption and foreign trade all booked steady increase in 2013.

The investment in fixed assets totaled 1.97 trillion RMB from January to November, up 18.2 percent year on year, among which the private investment went up by 26.4 percent.

Guangdong has been accelerating its infrastructure in the eastern, western and northern parts of the province where the economic development are still far behind the Pearl River Delta region. From January to November, infrastructure investment surged 18.0 percent from last year.

The total retail sales of social consumer goods is expected to reach 2.55 trillion Yuan, an increase of 12.3 percent from last year. In which the sales of e-commerce is expected to reach 650 billion RMB, increasing over 30 percent.

Guangdong achieves breakthrough in industrial restructuring and upgrading this year, as the annual value added of service industry increased by 10.1 percent to 2.98 trillion RMB, exceeding the secondary industry.

The economy grow has been balanced in different regions and create advantages for future development. Six major platform such as has Guangzhou Nansha, Shenzhen Qianhai and Zhuhai Hengqin has upgraded the effectiveness in the Pearl River Delta. Besides, the GDP in the eastern, western and northern parts is estimated to grow 10.5 percent, two percentage points higher than the provincial.

At the same time, the province is becoming greener. Based on preliminary statistics, the unit GDP energy consumption fell 4.65 percent in the first three quarters, exceeding the annual target of 3.5 percent. (By Yan)

Editor: 张斯
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