Xiangzhou District, Zhuhai

Zhuhai's GDP climbed 8.8 percent year-on-year during the first quarter of this year to 58.1 billion yuan ($9.2 billion), one of the sharpest rises within Guangdong Province, according to official statistics.

Among the major economic indicators, the industrial added value above a designated size, total fixed asset investment, total foreign trade value, and paid-in foreign capital all reached higher than expected double-digit growth, with respective increases of 12.0, 23.1, 24.4, and 19.7 percent. Particularly, the growth rate of total volume of imports and exports, and the increase of industrial added value above a designated size ranked first and second in the province respectively. The figures indicate a strong momentum of growth in industrial production.

During the first three months, the city brought in a total of 9.8 billion yuan ($1.5 billion) in general public budget revenue, an increase of 4.1 percent year-on-year, with tax revenue growing 8.7 percent to account for 75.7 percent of the total. Expenditures of 9.2 billion yuan ($1.5 billion), 18 percent higher than those of the previous year, are being focused on education, healthcare and other aspects affecting people's wellbeing.

Gree Electric Appliances, headquartered in Xiangzhou District, is a major driving force of Zhuhai's robust economy. [Photo courtesy cityofzhuhai.com]