Hangzhou Statistics Bureau announces the economic data from January to October, indicating that the city's economy is operated steadily and the high-quality development is advanced solidly.
The added value of industrial enterprises above designated size is 378.7 billion yuan, with a year-on-year growth of 6.2 percent. The output of new energy vehicles increases by 293.4 percent.
The retail sales amount of consumer goods rises by 4.8 percent year-on-year. The retail sales amount of wearable smart devices grows by 91.2 percent.
The total import & export amount of goods is 743.6 billion yuan, with a year-on-year increase of 5.7 percent. The export amount of electromechanical and high-tech products increases by more than 10 percent respectively. The growth of the exports to the countries involved in the Belt and Road Initiative reaches 14.2 percent.