China's Zhejiang province's first-half GDP up 5.8% year-on-year: Chinese report

On the 21st, the Zhejiang provincial government announced that the province's gross domestic product (GDP) for the first half of this year was 4.5 trillion 5 trillion yen (approximately 92.7 trillion yen).
Compared to the same period last year, this was an increase of 5.8%, exceeding the national increase rate (5.3%). In the first half of the year, the province's agricultural production was generally stable, industrial production increased steadily, and the service industry showed strong growth.
The added value of the agriculture, forestry, livestock and fisheries industries increased by 3.6% to 117.2 billion former (approximately 2.4 trillion yen). The added value of the manufacturing industry increased by 6.4% to 1.5073 trillion former (approximately 31 trillion yen), and the added value of the manufacturing industry (including the large-scale manufacturing industry and above, which is the main annual business) increased by 1.5073 trillion former (approximately 1.5 trillion yen).
The added value of industries with business revenues of 20 million or more formers (approximately 400 million yen) increased by 7.6%. The total retail value of consumer goods increased by 5.3% to 1.8979 trillion formers (approximately 39 trillion yen),
This is an increase of 0.8 percentage points from March. Fixed asset investment increased by 1.4% year-on-year, and if real estate development investment is excluded, the increase was 11.4%.
The province's trade remained resilient in the first half of the year. Trade volume for the period increased 6.6% to 2.73 trillion formers (about 5.5%).
Of this, exports increased by 9.1% to 2.7 trillion former (approximately 42.6 trillion yen), making the prefecture the second largest exporter in the nation.
In addition, the employment situation in Zhejiang Province was generally stable, and residents' incomes increased steadily.
The average disposable income per person in the province was 37,813former (about 779,000 yen) in the whole province and 43,293former (about 890,000 yen) in urban areas.
1,000 yen), and in rural areas it was 25,986former (about 535,000 yen).