China, Jiangsu Province, GDP in the first half increased by 5.8% year-on-year = China Report

On the 24th, the Jiangsu Provincial Statistics Bureau announced that the province's gross domestic product (GDP) for the first half of the year, in real terms excluding the effects of price fluctuations, increased 5.8% year-on-year to 6.33263 trillion yen (approximately
The ministry announced that the growth rate for the first quarter of the year was 6.2%, but it was still higher than the national growth rate for the first half of the year (5.0%).
By sector, the primary industry increased 3.0% year-on-year to 173.62 billion former (approximately 3.64 trillion yen), and the secondary industry increased 7.1% to 2.77 trillion former.
The retail industry increased by 4.8% to 3,388,040 million former (about 58 trillion yen), while the tertiary industry increased by 4.8% to 3,388,040 million former (about 71 trillion yen).
In the first half of the year, the province's total retail sales of social consumer goods increased 4.9% year-on-year to 2,417,840,000,000 yen.
0 million (approximately 50.7 trillion yen). Breaking down consumption, retail sales increased by 4.2% year-on-year, and restaurant sales increased by 10.7% year-on-year. In addition, the total profits of industrial companies above a certain size increased by 10.7% year-on-year.
The province's fixed asset investment increased by 3.7% year-on-year. By item, basic equipment investment increased by 11.2%, while real estate development investment decreased by 9.5%.
In addition, in the first half of the year, the disposable income per person in the province increased by 5.0% year-on-year to 29,194 formers (approximately 610,000 yen).