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Xi'an sees economic recovery in Jan-Feb
en.xa.gov.cn    Updated: 2022-03-24 21:42

From January to February this year,Xi'an, capital of Northwest China's Shaanxi province focused on COVID-19 pandemic prevention and control and economic and social development, according to the municipal bureau of statistics.

Over the two-month period, the added value of the city's industries above designated size increased by 6.8 percent, 1.1 percentage points higher than the 2021 average.

The output value of the equipment manufacturing industry increased by 17.5 percent, of which the output value of the computer, communication and other electronic equipment manufacturing industries increased by 23.2 percent, and that of the automobile manufacturing industry and general equipment manufacturing industry grew by 5.4 percent and 17.6 percent, respectively.

The city's fixed asset investment (excluding rural households) saw a year-on-year increase of 3.8 percent during the period, an increase of 15.4 percentage points over the 2021 average.

Retail sales of consumer goods in the city were valued at 30.7 billion yuan ($4.82 billion), down 25.8 percent year-on-year.

However, market sales increased slightly in February, and the growth rate in retail sales of consumer goods in the city rose to 1.5 percent, 45.7 percentage points higher than the negative growth rate in December 2021.

Meanwhile, the city's foreign trade grew rapidly, amounting to 71.03 billion yuan, a year-on-year increase of 25.9 percent. Exports were valued at 42.01 billion yuan, up 48.7 percent, while imports were valued at 29.02 billion yuan, up 3 percent.


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