Output value of the Three Gorges Reservoir area rises in H1

The economy of 15 districts and counties in the Three Gorges Reservoir area boomed against the backdrop of national slowdown in the first half of 2012, reaching 211,903 million yuan for the total output value which was 14.7% more than that of the same period of 2011 and 0.7% more than the municipal average, according to Chongqing Statistics Bureau on September 10.

The growing investment, the booming consumer markets and the high growth of foreign trade shows that the economy of the Three Gorges Reservoir area is booming. The area reached 6,083 million USD as the gross value of imports and exports in the first half of 2012, 88.3% more than that of the same period of 2011. And the gross value of exports was 4,433 million USD, increased by 204.1%. The foreign direct investment reached 894 million USD with a growth of 65.2%, and it was 45.1% more than the municipal average.

Deng Jun