Taizhou city's GDP hits 640.18 billion yuan in 2022

A sweeping view of Taizhou city. [Photo/WeChat ID: tzfabu]

The GDP of Taizhou city in East China's Jiangsu province came in at 640.18 billion yuan ($94.75 billion) in 2022, a year-on-year increase of 4.4 percent – ranking it second in the province in terms of growth.

The added value of Taizhou's primary, secondary and tertiary industries hit 33.44 billion yuan, 315.8 billion yuan and 290.93 billion yuan, respectively – increases of 2.1 percent, 6 percent and 3 percent.

The total output value of the agriculture, forestry, animal husbandry and fisheries sectors was a combined 55.87 billion yuan, up 2.8 percent year-on-year. Total grain output was 2.81 million metric tons.

In 2022, the total industrial output value of Taizhou's industries above a designated size reached 841.07 billion yuan, higher by 12.5 percent. The added value of Taizhou's industries above a designated size increased 8.5 percent over the previous year - ranking it fourth in Jiangsu.

The city's total retail sales of consumer goods in 2022 reached 158.84 billion yuan, for year-on-year growth of 0.7 percent.

Statistics showed that Taizhou's fixed-asset investment rose 9.4 percent in 2022, 5.6 percentage points higher than that of the province and ranking it third in Jiangsu.

The city's imports and exports reached $19.61 billion, an increase of 4.9 percent.

Per capita disposable income of all residents in Taizhou in 2022 was 46,363 yuan, up 5.9 percent year-on-year, ranking the city second in Jiangsu. It consumer price index or CPI rose 2.3 percent.