Xiangzhou District, Zhuhai

According to the Zhuhai Bureau of Statistics, Zhuhai's economy was stable from January to April this year, registering a rapid growth in total retail sales of consumer goods and general public budget revenue.

Data also show a slowdown in value added of industrial enterprises above designated size, fixed-asset investment, total volume of import and export trade and the amount of paid-in investment.

The total value added of industrial enterprises above designated size reached 30.588 billion yuan ($4.8 billion) in the first four months of this year, an increase of 11.3 percent. In respect of the six major industries, there was a downfall in precision machinery but the other five, including bio-pharmaceuticals, home appliances, electronic information, electronic energy, and petrochemical engineering all maintained the growth momentum.

Gree Electric Appliances is the backbone of Zhuhai economy. [Photo courtesy southcn.com]

The amount of fixed-asset investment increased 22.6 percent in the first four months in both the primary (7.56 billion yuan) and tertiary industries (41.16 billion yuan).

The growth momentum in consumption has been steady since January. The increase in petroleum products, as well as home appliances, furniture, architecture, and decoration materials has been prominent, while the sales volume in other fields, such as automobiles, cosmetic products and medicines has declined.

The overall volume of Zhuhai's imports and exports reached 100.43 billion yuan during the period, with an increase of 18.1 percent in exports and 26.2 percent in imports.

Financial revenue improved more quickly with a 5.5 percent increase last year, while general public budget revenue grew at a rather slower speed.