Yunyan sees 5.4 % GDP growth in H1

In the first half of this year, the gross domestic product (GDP) of Yunyan district, Guiyang, capital of Southwest China's Guizhou province, came in at 42.75 billion yuan ($6.32 billion), a year-on-year increase of 5.4 percent.

During this period, the district's investments in fixed assets and construction and safety projects were 13.4 billion yuan and 8.55 billion yuan, year-on-year increases of 98.5 percent and 10.4 percent, respectively.

The added value of industries above designated size in Yunyan increased by 12.3 percent, while the total output value of the seven major industrial industries increased by 36.47 percent.

The district focused on investment promotion and introduced 44 industrial projects.

It also reached an agreement on inter-provincial handling with 85 regions outside the province, adding 13,600 market entities and 4,211 newly registered enterprises, with the total number of market entities exceeding 130,000.

In addition, people's livelihoods continued to improve in the first half. The district's key expenditures on people's livelihood reached 2.25 billion yuan, accounting for 89.11 percent of its general public budget expenditure.

In the second half of this year, Yunyan will go all out to strengthen key industries, expand effective investment, cultivate market entities, and improve people's livelihood and well-being to achieve high-quality development.