Guanshanhu economy shows steady growth in Q1-3

Guanshanhu district in Guiyang has maintained steady economic growth during the first three quarters of the year. It has continued to strength its real economy and boost industrial development, making itself the urban central area of sharing and innovation.

In the first three quarters, the GDP of Guanshanhu is expected to reach 16.97 billion yuan ($2.41 billion), a year-on-year increase of 11 percent. Its fixed-asset investment will reach 30.3 billion yuan, up 10 percent year-on-year. The added value of scaled industrial enterprises will hit 1.19 billion yuan, rising 146.38 percent year-on-year.

Its total retail sales of consumer goods will reach 12.37 billion yuan, up 6 percent year-on-year. A total of 8 billion yuan is expected to be invested in the introduction of industries. Its actual utilization of foreign capital will achieve $200 million and the total volume of foreign trade will achieve $192 million. Its tourism revenue will hit 9.8 billion yuan, up 35 percent year-on-year.

The per capita disposable income of urban and rural permanent residents is expected to reach 29,122 yuan and 16,174 yuan respectively, up 9 percent and 10 percent year-on-year.

Zhao Yandi contributed to this story