Jiangsu reports steady economic growth in first ten months

2017年11月22日 17:04:52 | 来源:江苏国际频道

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  The industrial added value of the enterprises above designated size grew 7.5% year on year in the first ten months of this year, according to the latest figures released by the provincial department of statistics on Tuesday.

  The private sector saw its added value grow 8.1% year on year to become the major driving force behind the growth momentum during the 10-month period.

  The fixed assets investment during the first ten months totaled 4.26 trillion yuan, up 7.2% from a year ago. Infrastructure, tertiary sector and private investment continued to grow rapidly, and the expectations and confidence of the whole society for economic growth continue to rise within the range.

 In the January-October period, the retail volume of social consumer goods totaled 2.6 trillion yuan, a year-on-year growth of 10.8%. in terms of the different industrial sectors, the retail sector posted the fastest growth, indicating the improvement of the people's purchasing power.

  The province’s total volume of export and import hit 3.25 trillion yuan, growing 19.7% from a year ago. Import grew 16.9% year on year to hit 1.99 trillion yuan. Export surged 24.5% from a year ago to hit 1.25 trillion yuan. The rebound in foreign trade will also provide a stronger impetus for the province's economic growth.

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