Huzhou in Zhejiang province has posted stable economic results for the first three quarters of this year, with GDP reaching 342.01 billion yuan ($51.26 billion), up 5.6 percent year-on-year, 1 percentage point above the national rate and equal to Zhejiang's average.
Primary industries added 12.66 billion yuan, up 4.8 percent; secondary industries added 161.45 billion yuan, up 7 percent; and tertiary industries added 167.90 billion yuan, up 4.3 percent.
The total output value of agriculture, forestry, animal husbandry, and fisheries reached 21.45 billion yuan, and the added value of industrial enterprises above the designated size (with annual main business revenue of 20 million yuan or more) rose 10.0 percent to 116.04 billion yuan. Of 34 major industrial sectors, 24 posted growth, a coverage rate above 70 percent.
Investment structure continued to improve. Manufacturing investment accounted for 49.3 percent of total investment, up 9.7 percentage points year-on-year, while high-tech investment and investment in new technology industries accounted for 19.1 percent and 41.3 percent, up 3.0 and 7.6 percentage points, respectively.
Per capita disposable income reached 56,975 yuan, up 4.7 percent, with urban residents' per capita disposable income rising 4.1 percent to 64,554 yuan and rural residents' rising 5.3 percent to 44,215 yuan. The urban-rural income ratio narrowed to 1.46 from 1.48 last year.
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