Guiyang's economic development sees quality improvement

2019-05-15

In 2018, Guiyang, capital of Southwest China's Guizhou province saw its added value of green economy account for 42 percent of its GDP, three percentage points greater than in 2017. Profits of above-designated-scale industrial enterprises (those with annual revenue of greater than 20 million yuan) grew 15.8 percent, 14.3 percentage points higher than the previous year. General public budget revenue was 41.134 billion yuan ($5.99 billion), growing by 8.9 percent, and general public budget expenditure was 62.754 billion yuan, growing by 7.7 percent. Disposable income for urban and rural residents was respectively 35,115 yuan and 15,648 yuan, with the growth of 9.1 percent and 9.7 percent basically on track with the pace of economic growth. 

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A view of Guanshanhu district in Guiyang. [Photo provided to chinadaily.com.cn]


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