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Highlights from Taicang's H1 report

( chinadaily.com.cn )

Updated: 2019-08-02

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Highlights from Taicang's H1 report

An aerial view of the Wanda Plaza in Taicang. The disposable income of the city's urban residents increased by 8.1 percent in the first half of 2019. [Photo/IC]

Taicang in Jiangsu province released its H1 government work report at a recent municipal conference, local media reported on July 30.

In the first half of 2019, Taicang's GDP grew by about 6 percent year-on-year. The fixed asset investment totaled 20.7 billion yuan ($3.01 billion), up 5.3 percent.

The output value of industrial enterprises above the designated size, those with annual revenue from principal business of 20 million yuan ($2.89 million) and above, was 111.49 billion yuan, up 2 percent.

The high-end manufacturing, new materials, and biological medicine industries were the main growth contributors, accounting for 70.4 percent of Taicang's industrial output for the first half of this year.

Taicang also attracted $845 million of registered foreign capital, up 35.8 percent year-on-year. Eleven German enterprises invested in Taicang, increasing the total number to 320.

Highlights from Taicang's H1 report

An aerial view of Taicang's countryside. About 76.2 percent of the days boast good air condition, with the average PM2.5 concentration reduced by 8.3 percent.