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Inner Mongolia's GDP exceeds 1,000b yuan in H1

2022-07-19 (chinadaily.com.cn)

The economy of North China's Inner Mongolia autonomous region saw a strong recovery in the first half of this year.

Information from the region's bureau of statistics shows that from January to June, the regional GDP of Inner Mongolia reached 1,046.5 billion yuan ($157.01 billion), a year-on-year increase of 4.3 percent.

Of this, the added value of the primary industry was 37.4 billion yuan, a year-on-year increase of 3.5 percent; that of the secondary industry was 536.5 billion yuan, an increase of 7.0 percent; and that of the tertiary industry was 472.7 billion yuan, up 2.3 percent.

Agricultural production in the region was promoted in an orderly manner and animal husbandry remained stable.

The total output value of the agriculture, forestry, animal husbandry and fishery industries in the region was 70.34 billion yuan, an increase of 4.3 percent compared with the same period last year.

The pig population there was 5.98 million, an increase of 2.8 percent year-on-year; the cattle population was 8.03 million, an increase of 12.1 percent; and the sheep population was 65.39 million, a decrease of 3.3 percent.

Industrial production in the region was stable and corporate profits saw rapid growth, with the added value of industries above designated size in the region increasing by 8.4 percent year-on-year.

The added value of the mining industry increased by 9.5 percent year-on-year, the manufacturing industry increased by 8.8 percent, and the production and supply of electricity, heat, gas and water increased by 4.7 percent.

Meanwhile, the development of the service industry in the region continued to recover, investment in fixed assets saw strong growth, and the consumer market recovered rapidly.

The added value of the region's service industry increased by 2.3 percent year-on-year; fixed asset investment increased by 33.9 percent year-on-year; and total retail sales of consumer goods in the region were valued at 228.52 billion yuan, a year-on-year decrease of 0.2 percent.

In addition, the incomes of residents in the region had grown steadily, and the ratio of per capita income of urban and rural residents decreased.

The per capita disposable income of all residents in the region was 17,177 yuan, a year-on-year increase of 5.6 percent. The per capita disposable income of urban permanent residents was 23,241 yuan, an increase of 4.8 percent, while that of rural residents was 7,778 yuan, an increase of 6.6 percent.