Maoming's GDP exceeds 390b yuan in 2022

According to the Maoming municipal bureau of statistics, the city's GDP totalled 390.46 billion yuan ($57.82 billion) in 2022, up 0.5 percent year-on-year.

The added value of the primary industry was 69.9 billion yuan, up 5.6 percent year-on-year, that of the secondary industry was 142.12 billion yuan, while that of the tertiary industry was 178.45 billion yuan.

Last year, the total output value of the city's agriculture, forestry, animal husbandry, and fishery industry was 112.63 billion yuan, up 5.8 percent year-on-year.

The added value of industries above designated size was 59.35 billion yuan, down 8.0 percent year-on-year, of which the added value of the petroleum processing industry dropped 12.4 percent, and the growth rate of some industries is fast.

Maoming's fixed asset investment increased by 6.3 percent year-on-year, of which investment in the primary industry decreased by 8.1 percent, the secondary industry increased by 8.7 percent, and the tertiary industry increased by 6.2 percent.

The total retail sales of consumer goods reached 151 billion yuan, up 0.8 percent year-on-year.

The city's total import and export of goods totalled 25.71 billion yuan, up 12.1 percent, of which exports were 18 billion yuan, up 5.4 percent, andimportswere 7.71 billion yuan, up 31.8 percent.

Maoming's efforts to ensure people's livelihood have not reduced. The cumulative expenditure on education, social security and employment, as well as other livelihood categories reached 42.14 billion yuan, accounting for 82.2 percent of the total expenditure, an increase of 3.9 percent year-on-year.

The per capita disposable income of residents in the city was 27,788 yuan, up 4 percent year-on-year, of which the per capita disposable income of urban residents was 34,303 yuan, up 2.6 percent, and that of rural residents was 22,444 yuan, up 4.1 percent.

Maonan Petrochemical Industrial Park. [Photo/WeChat account: maofabu]