CHINA Beijing's GDP exceeds 3 trln yuan in 2018


Beijing's GDP exceeds 3 trln yuan in 2018


14:25, January 24, 2019


(Photo: VCG)

BEIJING, Jan. 24 (Xinhua) -- Beijing reported GDP of over 3 trillion yuan (446.6 billion U.S. dollars) in 2018, authorities said Wednesday.

According to the municipal statistics bureau, Beijing attained GDP of 3.03 trillion yuan last year, up 6.6 percent.

"Beijing spent a lot of efforts on moving the non-capital functions out of the city and attained a stable economic growth with its quality improved last year," said Pang Jiangqian, deputy director of the bureau.

The city's new economy grew 9.3 percent to over 1 trillion yuan, accounting for 33.2 percent of the city's GDP.

The city's per capita disposable income also rose 9 percent to 62,361 yuan last year.

Consumption in the service sector reached 1.37 trillion yuan, up 11.8 percent, contributing 82.6 percent to the city's total consumption growth.

Related Stories

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue