Xi'an tops in three economic indicators among sub-provincial cities
en.xa.gov.cn     Updated: 2020-07-30

In the first half of this year, Xi'an city, capital of Northwest China’s Shaanxi province, rapidly resumed normal work, production and living, showing a superior economic performance.

During the period, the growth rate of the city's gross domestic product (GDP), added value of industrial enterprises above a designated scale - those with an annual sales revenue surpassing 20 million yuan ($2.8 million) - and investment in fixed assets, were 2.8 percent, 6.2 percent and 12.8 percent respectively.

The growth rate of the above three important economic indicators all ranked first among the country's sub-provincial cities.

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Employees work on the heavy-duty truck assembly line of Shaanxi Automobile Holding Group Co in Xi'an. [Photo/Xi'an municipal government's WeChat public account]

In the first six months, 313 key municipal projects under construction in Xi'an completed investment of 179.55 billion yuan, accounting for 64.07 percent of the annual plan.

With the support of large enterprises and high-tech industries, the growth rate of industrial added value above a designated size also ranked first among the nine national central cities.

In particular, the added value of the computer, communications and other electronic equipment manufacturing industries maintained a rapid growth of 43.1 percent.

Even the most impacted consumer sector, the consumer service industry, is accelerating its transformation and upgrading. In the first half of the year, the online retail sales of Xi’an’s enterprises increased by 30.8 percent.

The city has also introduced 21 measures to help companies reduce costs, expand investment, and overcome difficulties, winning a valuable window for their development.