The regional Gross Domestic Product of Zhuhai rose 9.1 percent year on year to 275.63 billion yuan ($43.1 billion) in the first three quarters of the year -- a two-year average growth rate of 4.7 percent, the Statistics Bureau reported Oct 26.
Despite the COVID-19 pandemic, the value-added amount of primary industries rose 4 percent to 4.07 billion yuan ($636.5 million). Secondary industries tallied 118.64 billion yuan ($18.6 billion), up 9.1 percent. And the tertiary sector logged 152.91 billion yuan ($23.92 billion), a rise of 9.2 percent.
Added value of industrial enterprises above designated size grew by 12.5 percent to 97.32 billion yuan ($15.22 billion). Of note, added value of seven pillar industries constituted a year-on-year increase of 13.9 percent to 77.06 billion yuan ($12.05 billion). Recorded growth rates are: electric power and energy (23.3 percent), biomedicine (21.8 percent), petrochemical (18.6 percent), and household electrical appliance (14.1 percent).
Moreover, the total value added of the advanced manufacturing sector climbed 12.5 percent to 55.55 billion yuan ($8.7 billion) and that of high-tech manufacturing increased 10.9 percent to 29.93 billion yuan ($4.68 billion). Output of emerging products also showed jumps of: integrated circuits (20.5 percent), lithium-ion batteries (27.9 percent), industrial robots (46.4 percent), and optical instruments (196.7 percent).
Sea & Sky Park (lower left), Zhuhai Museum & Planning Exhibition Hall (lower right), and Zhuhai Opera House on Yeli Island (in near background)[Photo by Chen Jiazhe / Zhuhai Media Group]
Output value of Zhuhai's agricultural, forestry, animal husbandry, and fishery industries increased by 5.2 percent to 6.98 billion yuan ($1.09 billion), 2.1 percentage points higher than in the first half.
Total volume of imports and exports experienced steady growth of 28 percent to 250. 09 billion yuan ($39.11 billion) with a two-year average growth rate of 7.5 percent. Export volume increased by 22.1 percent to 139.32 billion yuan ($21.79 billion) while import volume was up 36.4 percent to 110.77 billion yuan ($17.32 billion).
In all, 2,053 foreign-funded companies were established during the January-September period, a year-on-year increase of 4.7 percent. Actual use of direct foreign investment rose 33.7 percent to $2.66 billion.
Fixed-asset investment grew by 4.7 percent compared with the same period last year, while 88.5 percent of annual investment has been used for major municipal projects, 13.5 percentage points ahead of schedule.
Total retail sales of consumer goods grew by 19.8 percent to 78.12 billion yuan ($12.22 billion), and the service sector gradually revived with a 9.2-percent increase of added value. Local transportation industries experienced a smooth growth with the total turnover rises of: railway (25.2 percent), road (11.6 percent), water (19.3 percent), and aviation transport (52.4 percent). Passenger throughput at Zhuhai (Jinwan) Airport rose 37.7 percent while that of cargo at Zhuhai ports was up by 1.1 percent.
Operating revenue of service industries above designated size in the city increased by 23.8 percent from January to August. Value added of modern services accounted for 68.5 percent of the total service industry, 0.6 percentage points higher year on year.
In addition, Zhuhai's General Public Budget revenue rose by 25.2 percent to 35.91 billion yuan ($5.6 billion). Registered urban unemployment was rated at 2.37 percent, whereas the annul target is 3 percent.
The city was home to 396,700 business entities by the end of September with 41,000 newcomers, an increase of 7.2 percent and 17.3 percent from the first three quarters in 2020.