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Xi'an shows steady economic growth in 2024
en.xa.gov.cn    Updated: 2025-02-08 17:04

The general economy of Xi'an remained stable with continued growth in 2024, according to the city's bureau of statistics. The city's total GDP reached 1.33 trillion yuan ($182.48 billion), an increase of 4.6 percent compared to the previous year.

The added value in the city's primary, secondary, and tertiary industries reached 32 billion yuan, 387.4 billion yuan, and 912.37 billion yuan, respectively, showing respective year-on-year growths of 3.4 percent, 4.1 percent, and 4.8 percent.

Agriculture, forestry, animal husbandry, and fisheries saw a 3.5 percent increase in added value, reaching 36.71 billion yuan. The city's industries above a designated size saw a 6.5 percent rise in added value, with key industries such as automobiles, electronics, high-end equipment, aerospace, new materials, new energy, food, and biomedicine growing by 4.6 percent collectively.

The service sector continued to thrive, contributing 912.37 billion yuan, a 4.8 percent growth. Fixed asset investment saw a 0.2 percent increase, industrial investment rose by 1.1 percent, and real estate development investment climbed 8.5 percent.

Retail sales totaled 491.5 billion yuan, up 2.2 percent, while foreign trade saw a notable expansion. The city's total import and export value reached 411.8 billion yuan, marking a 14.5 percent increase, with exports growing 18.9 percent to 277.58 billion yuan and imports up 6.2 percent to 134.22 billion yuan.

Xi'an's stable economic performance in 2024 reflects resilient industrial growth, a booming service sector, and an expanding global trade presence, setting a solid foundation for continued development.


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