Chongqing’s GDP up 14% in H1

Chongqing’s gross domestic product (GDP) reached 530.719 billion yuan in the first half of 2012, up 14 percent year on year, ranking the second nationwide and the first in the country’s western regions.

The primary industry, secondary industry and tertiary industry of Chongqing realized the added value of 27.331 billion, 304.992 billion and 198.396 billion yuan respectively in the first six months, up 4.7 percent, 15.7 percent and 16.2 percent over the same period of last year.

Besides, the fixed-asset investment reached 373.505 billion yuan in the first half, up 23.1% year on year.

Chongqing’s import and export volume stood at 25.044 billion U.S. dollars, up 170% compared with that of last year.

The actual use of foreign direct investment (FDI) in Chongqing amounted to 3.506 billion U.S. dollars from January to June, up 20.1% year on year, while that of domestic investment saw a year-on-year growth rate of 44.4 percent to 214.480 billion yuan.

Qu Xinyan