Jiuyuan district shows strong Q1 performance
Baotou’s Jiuyuan district recorded sound economic growth during the first quarter of 2018 with a range of economic indicators showing steady growth, according to a May 15 Baotou Daily report.
The district’s GDP showed year-on-year growth of 6 percent, 0.8 percent higher than the city’s average. Jiuyuan ranked fourth for economic growth among the city’s districts.
The added value of primary industry rose by 2.4 percent year-on-year; that of secondary industry grew by 7.1 percent, and tertiary industry increased by 5.1 percent.
Growth in the tertiary sector has increased significantly, accounting for 50 percent of the total for the first time.
Investment in fixed assets reached 1.54 billion yuan ($242 million), year-on-year growth of 76.1 percent. And added value of industries above designated scale saw a year-on-year increase of 7.1 percent.
The incomes of urban and rural residents continued to grow. Per capita disposable income of urban residents in the first quarter was 12,855 yuan, up 7.7 percent year-on-year, and per capita disposable income of rural residents in pastoral areas was 6,457 yuan, up 10.1 percent year-on-year.
Jiuyuan district in Baotou [Photo provided to chinadaily.com.cn]