Home > Latest

Wuxi achieves impressive 6.8% GDP growth in early 2024

Updated : 2024-05-08
(en.wuxi.gov.cn)

wx.jpg

Downtown Wuxi. [Photo/Wuxi Daily]

The gross domestic product (GDP) of Wuxi in Jiangsu province exceeded 258.4 billion yuan ($49.61 billion) in the first quarter of 2024, up 6.8 percent year-on-year, according to local authorities.

In the first three months of this year, the added value of the city's primary industry totaled 1.86 billion yuan, up 0.4 percent year-on-year, while that of its secondary industry reached nearly 160 billion yuan, up 7.1 percent year-on-year. The added value of its tertiary industry grew 6.6 percent to 196.6 billion yuan.

微信截图_20240508103117.jpg

A bird's-eye view of Wuxi. [Photo/Wuxi Daily]

Industrial production in Wuxi continued to accelerate with significant contributions from private businesses in the Jan-March period. The added value of industries above designated size expanded by 8 percent from the previous year, while that of private industries above designated size increased 10.3 percent year-on-year.

Wuxi also increased its industrial investment in the first quarter of this year. During this period, the city finished 93.04 billion yuan in fixed asset investment, up 10.1 percent year-on-year, including 41.55 billion yuan in industrial investment, marking a 26.2 percent year-on-year increase.

微信截图_20240508103108.jpg

A busy port in Wuxi. [Photo/Wuxi Daily]

The city's foreign trade also rebounded significantly with a rapid increase in exports to emerging markets in the first three months. Its foreign trade totaled 173.23 billion yuan, up 12.3 percent year-on-year. Exports amounted to 114.1 billion yuan, a 7 percent year-on-year increase, while imports jumped 12.3 percent from the previous year to 59.14 billion yuan.

In the same period, Wuxi offered jobs to 355,000 residents and the per capita disposable income climbed 4.6 percent year-on-year to 22,598 yuan.

8.03K
Videos
 
微信截图_20240524093158.jpg

Wuxi's landscapes captured in oil paintings enchant Paris

微信图片_20240315092407.jpg

Huishan clay figurines appear in Yuantouzhu

3.jpg

Wuxi blossoms into cherry flower wonderland

微信图片_20240112134405.jpg

Black carp harvest marks start of Spring Festival celebrations in Wuxi

News
Sports
Videos
Photos
Business
Biz Updates
Industries
Development Zones
Companies
Travel
Attractions
Dining
Accommodation
Shopping
Entertainment
Transportation
Maps
Culture
Culture News
Heritage
Museums
Events
Services
Visa
Marriage
Healthcare
Jobs
Education
Useful Info
Government
Mayor
Departments
Districts
Policies
About
Overview
Statistics
Sister Cities
E-books
Copyright © China Daily. All rights reserved.
The Information Office of Wuxi Municipal People's Government.
Presented by China Daily.
备案号:京ICP备13028878号-34