Jiaxing sees stable economic growth in Q1
China Dailychinadaily.com.cn| Updated : Apr 25, 2024 Jiaxing in Zhejiang province saw strong economic performance in the first quarter of 2024, with its gross domestic product soaring to 168.86 billion yuan, a 6.3-percent increase from the previous year. The added value of the city's primary, secondary and tertiary sectors reached 1.94 billion yuan, 88.11 billion yuan and 78.8 billion yuan, respectively, up 3.4 percent, 7.1 percent and 5.5 percent. The total output value of agriculture, forestry, animal husbandry and fisheries in the city amounted to 4.73 billion yuan, an increase of 3.5 percent. Retail sales of consumer goods hit 66.1 billion yuan, an uptick of 8.6 percent, driven by strong new energy vehicle sales. Jiaxing's import and export value reached 113.68 billion yuan, a 10.8-percent increase, with exports accounting for 84.33 billion yuan of the total.