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Xi'an GDP up 2.8% in Q1
en.xa.gov.cn    Updated: 2022-04-27 16:49

The gross domestic product (GDP) of Xi'an, capital of Northwest China's Shaanxi province, grew by 2.8 percent to 263.8 billion yuan ($40.25 billion) in the first quarter, according to the Xi'an statistics bureau.

The added values of Xi'an's primary, secondary and tertiary industries stood at 3.3 billion yuan, 88.72 billion yuan and 171.79 billion yuan, up 4.4 percent, 3.7 percent and 2.4 percent year-on-year, respectively.

Over this period, the added value of the city's industries above a designated size increased 8.7 percent – 3.0 percentage points faster than last year.

In the first three months, Xi'an's fixed-asset investment (excluding farmers) increased 4.4 percent year-on-year. Private investment increased by 3.2 percent year-on-year, while industrial investment dropped by 14 percent.

Due to the impact of the COVID-19 pandemic, consumption decreased in the city, with total retail sales of consumer goods down 9.8 percent to 114.48 billion yuan.

Xi'an also saw steady foreign trade growth over the first three months. The total value of the city's imports and exports hit 107.88 billion yuan in the first quarter, up 21 percent year-on-year. Of this, exports increased by 47.2 percent year-on-year to 65.1 billion yuan, while imports decreased by 4.8 percent to 42.79 billion yuan.


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