Quzhou maintains stable economic growth in 2018

Quzhou's GDP hit 147 billion yuan ($21.3 billion) in 2018, an upstick of 7.2 percent year on year, local statistics office said on Jan 27.

According to the Taizhou municipal bureau of statistics, the city's growth rate, ranking sixth in Zhejiang, outpaced both the national and provincial numbers, which stood at 6.6 percent and 7.1 percent respectively.

The output of its primary industry rose slightly over the previous year to reach 8.09 billion yuan while its secondary industry's added value expanded by 8.2 percent to 66.17 billion yuan. Meanwhile, the figure for the tertiary industry was 72.8 billion yuan, increase of 7.0 percent.

The city's per capital disposable income reached 32,269 yuan in 2018, a year on year increase of 9.8 percent in real terms.

Viewed separately, urban and rural per capital disposable income in 2018 amounted to 43,126 yuan and 22,255 yuan, respectively, up 9.0 percent and 10.0 percent in real terms.

China's per capital disposable income stood at 28,228 yuan in 2018, up 6.5 percent year on year in real terms.

By 2020, China aims to double the per capita income of its urban and rural residents from 2010 level, to build a moderately prosperous society.

The per capital disposable income of Quzhou, a city in Zhejiang province, reaches 32,269 yuan in 2018, a year on year increase of 9.8 percent in real terms.. [Photo/qz96811.com]