Steady growth for Shanxi economy in 2013's H1
By Guo Yi ( chinadaily.com.cn )
Updated: 2013-07-30
The provincial statistics bureau of Shanxi and national bureau of statistics have reported provincial year-on-year growth of 9 percent in the GDP in the first half of 2013, at 601.7 billion yuan ($98.1 billion), or 1.4 percent percentage points above the national average.
The value added output for primary industry was up 4 percent, secondary grew 10.5 percent, and tertiary, 7.4, in the first half, while revenues reached 157.2 billion yuan, or 5.5-percent growth year on year. This growth is mainly the result of five things -- infant industries, provincial government policies, investment, consumer spending, and imports and exports.
In spite of a slowdown in the global economic recovery, and structural transformations in the Chinese economy, the province’s strong bases are helping maintain steady growth on into the future.
Edited by Zhou Yuanyuan and Roger Bradshaw
