REGIONAL> Development
Guangxi fulfills first quarter goal
By Huo Yan and Huang Feifei (China Daily)
Updated: 2009-04-21 16:20

Guangxi’s total fixed asset investment has reached 81.22 billion yuan in the first quarter of 2009, an increase of 41.8 percent, according to statistical data issued at a press conference held by the Census and Statistics Department of China's Guangxi Zhuang autonomous region yesterday.

Compared with this year’s target of 600 billion yuan of the fixed assets investment, Guangxi has reached its first quarter objective.

Data shows that total retail sales of social consumer goods have reached 65.035 billion yuan, rising 18.1 percent, and 20.316 billion yuan in revenue, an increase of 3.0 percent.

Guangxi’s GDP has reached 155.238 billion yuan in the first quarter of this year, rising 12.9 percent year-on-year, according to yesterday’s news conference. Its GDP growth rate is ranked fifth in China.

China Daily Guangxi Bureau