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Three economic circles made 36% of GDP

By Xu Shenglan (chinadaily.com.cn)
Updated: 2008-09-01 16:55

Gross domestic product (GDP) of China's three economic regions - the Yangtze River Delta, Pearl River Delta and Beijing-Tianjin-Hebei region - reached 5.33 trillion yuan ($777 billion) in the first half, rising 12.6 percent year-on-year and occupying 36.4 percent of the nation's total, according to the website of the National Development and Reform Commission.

The statistics show that three economic circles' urban fixed assets investments are 1.78 trillion yuan, which is 30.7 percent of national total investment, rising 27.5 percent year-on-year; their retail sales of social consumer goods reached 1.78 trillion yuan, occupying 33.6 percent of national gross and rising 20.2 percent than the same period of last year.

It is estimated that the three economic circles realized 935.9 billion yuan on import and export value, which is 75.9 percent of the national figure, rising 23.6 percent year-on-year. Export value reached 489 billion yuan, occupying 73.4 percent of the total and rising 20.3 percent year-on-year.