Maoming sees steady economic performance in H1

In the first half of 2024, Maoming's GDP reached 184.38 billion yuan ($25.52 billion), a 1.5 percent year-on-year increase.

The primary sector contributed 32.29 billion yuan, the secondary sector contributed 62.53 billion yuan, and the tertiary sector contributed 89.55 billion yuan, up 3.2 percent.

Agricultural production grew slightly, with a total output value of 55.42 billion yuan, up 0.2 percent. Vegetable production rose by 3.6 percent, while orchard fruit and poultry production fell by 0.7 percent and 6.6 percent, respectively. Aquatic product output increased by 3.5 percent.

Industrial production slowed, with the mining and manufacturing industries decreasing by 3.8 percent and 3.4 percent, respectively. Large enterprises saw a decline of 6.6 percent, while medium-sized enterprises grew by 6.9 percent.

The city's investment expanded during the period, with fixed asset investment up 0.8 percent. Infrastructure investment increased by 8.1 percent, while industrial investment surged by 35.9 percent.

The consumer market remained stable, with total retail sales of consumer goods reaching 77.19 billion yuan, a 0.5 percent increase. Urban and rural retail sales rose by 0.4 percent and 0.8 percent, respectively.

The incomes of the city's residents grew steadily, with an average disposable income per capita of 16,043 yuan, up 5.2 percent. Urban residents' incomes increased by 3.5 percent, while rural residents' incomes rose by 5.8 percent.

An official from the Maoming Bureau of Statistics noted that efforts will focus on ensuring continued economic growth in the next stage.