Xi'an reports stable economic performance in Jan-May

On June 21, the Xi'an municipal bureau of statistics released a report detailing the economic performance of Xi'an from January to May.

During the period, the city's added value of industries above a designated size increased by 3 percent year-on-year.

The total output value of the automobile manufacturing industry grew by 4 percent; that of the computer, communication, and other electronic equipment manufacturing industry increased by 3.2 percent; and that of the railway, shipbuilding, aerospace, and other transportation equipment manufacturing industry rose by 2.7 percent.

The total retail sales of consumer goods of enterprises above a designated size in the city reached 107 billion yuan ($14.72 billion), a year-on-year increase of 0.5 percent and marking a 6.2 percentage point increase from January to April.

Also, the city's total import and export value reached 170.79 billion yuan, a 10.8-percent year-on-year increase, with a 2.8 percentage point increase compared to January to April. This included exports of 114.36 billion yuan, up by 16.4 percent, and imports of 56.43 billion yuan, up by 1 percent.

Trade with countries involved in the Belt and Road Initiative saw a notable 19-percent increase.

Meanwhile, from January to April, the total operating income of the city's service industry above a designated size amounted to 125.6 billion yuan, year-on-year growth of 6.1 percent.