Xiangzhou District, Zhuhai

Xiangzhou District saw steady economic growth in the first half of 2018, recording 54.7 billion yuan ($8.6 billion) in GDP, up 6.8 percent year-on-year.

Xiangzhou held a meeting on August 3 to analyze the district's current economic status.

During the first six months, enterprises above designated size in the district yielded a total output value of 54.6 billion yuan, a year-on-year increase of 7 percent. They generated 135 billion yuan in industrial added-value, a rise of 9.4 percent. The figure was the largest citywide and propelled the GDP to increase 3.9 percentage points.

Xiangzhou District, Zhuhai is ideal for life and business. [Photo courtesy zhxz.gov.cn]

Fixed-asset investment, total retail sales of consumer goods, and general public budget revenue grew 14.4, 9.1, and 6.4 percent respectively.

The report shows that high and new-tech enterprises, innovation platforms, incubators, and core technologies are the main driving forces behind the sustainable growth.

Xiangzhou District chief Liu Qiying said efforts should be made to support the manufacturing industry, expand service, accelerate technology innovations and stimulate local consumption.