Xi'an posts 7.6% GDP growth in Q1

In the first quarter of this year, Xi'an, capital of Northwest China's Shaanxi province, saw a year-on-year increase of 7.6 percent in its gross domestic product (GDP) to 283.41 billion yuan ($41.11 billion).

The added value of its industries above a designated size increased by 11.6 percent, maintaining double-digit growth for nine consecutive months.

From January to March, Xi'an had made great efforts to promote breakthroughs in the multiplication plan of its pillar industries and had steadily accelerated the growth of emerging industries.

During the period, the total output value of the city's six pillar industries accounted for 81.1 percent of the city's total industrial output value above a designated size.

The output of new energy vehicles grew by 62.8 percent, accounting for 13.8 percent of the country's total, with retail sales up 57.2 percent.

The city has also continued to improve its business environment, with 114,200 market entities added, a year-on-year increase of 41.67 percent.

The city's expenditure on people's livelihood continued to increase. In the first quarter, the city’s fiscal expenditures in education, social security and employment, as well as transportation rose by 15.8 percent, 12.5 percent, and 15.2 percent year-on-year respectively.

In addition, the per capita disposable income of all residents in the city grew by 5.9 percent year-on-year, an increase of 2.0 percentage points from last year.