Chongqing's 1H GDP up 6.1% year-on-year...industrial investment up 15.2% - Chinese report

On the 19th, the Chongqing Municipal Statistics Bureau announced that the city's gross domestic product (GDP) for the first half of the year, in real terms excluding the effects of price fluctuations, increased 6.1% year-on-year to 1.513824 trillion yen (approximately 33 trillion yen).
Although this was a decrease from the city's first quarter growth rate (6.2%), it was still higher than the national growth rate for the first half of the year (5.0%).
In the first half of the year, the city's total retail sales of consumer goods reached 768.488 billion former (about 17 trillion yen), up 3.9% year-on-year.
Total profits of industrial enterprises of a certain size or larger increased by 8.6% year-on-year. Fixed asset investment increased by 2.6% year-on-year, and if real estate development investment is excluded, the increase was 6.4%. By item, industrial
Industrial investment increased by 15.2%, and basic capital investment increased by 3.0%. Meanwhile, real estate development investment fell by 8.8%. In addition, the disposable income per capita in the city increased by 5.6% year-on-year in the first half of the year.
The total price is 21,036former (approximately 456,000 yen).