Beijing's regional economy rises to $221b in first six months

Beijing's regional GDP hit more than 1.52 trillion yuan ($221 billion) in the first half of 2019, growing 6.3 percent year-on-year, and output by the tertiary industry rose 6.5 percent to 1.26 trillion yuan due to the strong contribution of the financial and service sectors, Beijing's statistics authority said.

"The city's economic development was steady with an upward momentum during the first half of 2019," Pang Jiangqian, deputy head of the Beijing Bureau of Statistics, said at a media briefing on Wednesday.

"As the development quality has been continuously improving, the city's economy is getting stronger and more resilient."