Huangpu’s GDP up 7.6 percent in first three quarters of 2018

A briefing was held to share data on the economic and social development of Huangpu district in 2018 on Dec 26.

Xian Yinsong, executive deputy chief of Huangpu district, said that in the first three quarters of this year, the region's GDP reached 262.9 billion yuan ($38 billion), an increase of 7.6 percent over the same period last year.

From January to November, the gross industrial output value of above-scale industries was 693.5 billion yuan, an increase of 4.3 percent; the investment in fixed assets was 102.18 billion yuan, an increase of 11.1 percent; and the general public budget income was 15.5 billion yuan, an increase of 4.6 percent. The contractual utilization of foreign capital was $4.02 billion, an increase of 81.1 percent.

Major industrial related indicators continued to improve. From January to November, the production and sales rate of industrial enterprises in the region reached 99 percent, with industrial investment increased by 62.9 percent, the investment in technological transformation increased by 28.3 percent, and the real economic development has been more solid and stable.

Last but not least, scalable industrial output value, output value of high-tech products, investment in fixed assets, tax revenue, general public budget income, actual utilization of foreign capital, total import and export value and other Huangpu indicators rank first among all districts of the city.