2025-05-09 08:49:59 source: HUZHOU CHINA
Huzhou's economy saw robust growth in the first quarter of 2025, with its GDP hitting 96.43 billion yuan ($13.34 billion), up 7.7 percent year-on-year — outpacing both national and provincial growth rates.
In the first quarter, the added value of the primary industry contributed 2.32 billion yuan, growing by 4.0 percent. Meanwhile, the added value of secondary industry soared to 46.78 billion yuan, an 8.9 percent increase, while the tertiary industry reached 47.33 billion yuan to expand by 6.7 percent.
Fixed asset investment in Huzhou rose by 8.8 percent during the period.
The city's foreign trade also saw a rapid recovery in the first quarter, with total imports and exports reaching 48.05 billion yuan, an 18.8 percent year-on-year increase.
Retail sales of consumer goods amounted to 42.62 billion yuan in the same period, up 8.7 percent year-on-year.
The per capita disposable income for all residents in Huzhou increased by 5.4 percent to 21,445 yuan. Urban residents saw their average disposable income rise by 4.7 percent to 24,768 yuan, while rural residents experienced a 6.7 percent increase to 16,196 yuan.
The consumer price index for the first quarter decreased by 0.2 percent year-on-year, indicating stable market prices across the city.
Editor: Zhong Xinyi
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