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Hangzhou GDP reaches 900.3 billion yuan in the first half of the year
en.hangzhou.com.cn   2022-07-27 15:58   Source: Hangzhou Daily

Despite slack offline consumption due to the nationwide resurgence of the COVID-19 pandemic in the first half of the year, Hangzhou's consumption rebounded with active new types of consumption as a result of the supportive policies and the improved situation in pandemic control since May. 

According to statistics, Hangzhou's GDP reached 900.3 billion yuan in the first half of the year, increased by 1.2% year on year based on the constant prices, of which, the total retail sales of consumer goods reached 342.8 billion yuan, increased by 3.0%, 3.7 percentage points higher than that of the whole nation. Foreign trade also kept a great momentum, with total import and export volume of 380.2 billion yuan, increased by 9.4%. In addition, the city's per capita disposable income reached 38,940 yuan, with a nominal growth of 3.9%. 

Author: Reporter: Ao Yuhua Correspondent: Chen Xiaoguo, Fang Zhi  Editor: Li Jiameng
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