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Zhongshan reports steady economy in first 7 months
2024-09-04

Zhongshan had been concentrating on high-quality development and achieved stable economic operations in the first 7 months this year.


Zhongshan's total tourism revenue amounted to 13.379 billion yuan, up 55.4% year-on-year. The city received over 5.8 million overnight tourists, representing a year-on-year increase of 30.3%.


The added value of industries above designated size rose 7.1% from a year earlier to 85.676 billion yuan. The manufacturing industry saw a 7.3% year-on-year growth, and the electricity, heat, gas and water production and supply industry 3.7%. The electrical machinery and equipment manufacturing industry and the computer, communications and other electronic equipment manufacturing industry increased by 9.3% and 22.5% respectively. The advanced manufacturing industry grew by 8.8%, and the high-tech manufacturing industry grew by 10.2%.


Zhongshan's fixed-asset investment during the same period increased by 3.3% year-on-year. Investments in industry, industrial technical transformation and advanced manufacturing rose by 18.8%, 43.3% and 22.5% respectively. Infrastructure investment increased by 1.5%, and investment in real estate development decreased by 12.4%.


A 1.5% growth was reported in the total retail sales of consumer goods. Sales of construction and decoration materials, cultural and office supplies and sports and entertainment products saw rapid growth, and the rates were 259.2%, 44.4% and 27.1% respectively.


Zhongshan's CPI (consumer price index) dropped by 0.3% year-on-year, with prices of services up 0.2% and prices of consumer goods down 0.6%.

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