Inner Mongolia's GDP grows by 6.2% in H1

In the first half of the year, the gross domestic product (GDP) of North China's Inner Mongolia autonomous region increased by 6.2 percent, reaching 1.17 trillion yuan ($160.04 billion), surpassing the national average by 1.2 percentage points, according to the latest data from the region's bureau of statistics.

Breaking down the industries, the added value in the primary sector was 38.7 billion yuan, a 5.1 percent year-on-year growth rate; the secondary sector saw an added value of 599.2 billion yuan, an 8.2-percent increase compared to the previous year; while the tertiary sector's added value reached 530.4 billion yuan, a 4.7 percent growth rate.

Fixed asset investment experienced rapid growth. In the first half of the year, the region's fixed asset investment increased by 12.0 percent year-on-year, outperforming the national average by 8.1 percentage points and securing the second position nationwide.

Consumer spending maintained steady growth, with the region's total retail sales of consumer goods reaching 253.33 billion yuan, up by 2.8 percent compared to the same period last year.

Household income continued to rise, with the average disposable income per capita in the region reaching 19,054 yuan in the first half of the year, a nominal growth rate of 5.0 percent year-on-year.