Hainan's GDP increases 17.5% in H1

A tourist shops at a duty-free store in Hainan province. [Photo by Zuo Jianan/chinadaily.com.cn]

Hainan's regional GDP reached 288.59 billion yuan ($44.69 billion) in the first half of this year, up 17.5 percent year on year, according to a press conference held on July 20 in Haikou.

Compared with the same period last year, the primary industry grew 5.1 percent, with added value reaching 61.49 billion yuan. The secondary industry saw an added value of 49.73 billion yuan, an increase of 13.4 percent, and the tertiary industry's added value stood at 177.37 billion yuan, up 23.7 percent.

Hainan's agricultural sector maintained stable growth in H1. The added value of agriculture, forestry, husbandry and fishery reached 63.55 billion yuan, up 5.2 percent year on year. The island province saw a yield of 4.2 million tons of vegetables in H1, an increase of 4.8 percent year on year, and 3 percentage points higher than the first quarter of 2021.

The added value of industrial enterprises above the designated size increased 12.5 percent, while fixed-asset investments soared 20.7 percent, up 24.3 percent compared with the same period in 2019.

The actual use of foreign capital surged 623.6 percent, totaling $950 billion. The total volume of imports and exports reached 58.5 billion yuan, an increase of 46.1 percent year on year.

General public budget revenue reached 48 billion yuan during the past six months, up 45.8 percent year on year. Permanent residents' per capita disposable income in Hainan reached 15,670 yuan in H1, up 11.7 percent.

In addition, Hainan experienced days with excellent air quality at 99.7 percent in H1. It also saw 8.47 billion kilowatt hours of electricity generated by industrial clean energy, which climbed 49 percent year on year.

The energy consumption for per unit industrial value added dropped 7.7 percent, showing the headways Hainan have made in reducing energy consumption.