Panzhihua City in Sichuan Province recorded a gross domestic product (GDP) of 110.414 billion yuan in the first three quarters of this year, up 5.1% year-on-year at constant prices, according to the Panzhihua Municipal Bureau of Statistics on October 26.
Broken down by industry, the value added of the primary industry reached 7.316 billion yuan, rising 4.4% year-on-year; the secondary industry added 60.581 billion yuan, up 5.1%; and the tertiary industry contributed 42.517 billion yuan, up 5.4%.
In the first three quarters, the total output value of agriculture, forestry, animal husbandry and fishery in Panzhihua stood at 14.797 billion yuan, an increase of 4.2% year-on-year at comparable prices. Vegetable output reached 1.0255 million tonnes, up 4.4% year-on-year, while fruit output totaled 720,900 tonnes, up 7.6%.
Industrial production grew at a relatively fast pace. In the first three quarters, the value added of industrial enterprises above designated size in Panzhihua increased 6.8% year-on-year, with a product sales rate of 97.4%. By sector, ferrous metal mining and dressing rose 7.6% year-on-year, non-ferrous metal mining and dressing climbed 10.5%, chemical raw materials and chemical products manufacturing advanced 8.7%, and electricity, heat production and supply jumped 14.0%.
The service sector expanded steadily. In the first three quarters, the value added of Panzhihua's service industry grew 5.4% year-on-year. Among them, leasing and business services rose 10.5%, accommodation and catering grew 7.5%, wholesale and retail increased 5.6%, and transportation, warehousing and postal services edged up 4.0%.
The consumer market operated smoothly. In the first three quarters, Panzhihua's total retail sales of consumer goods reached 30.163 billion yuan, up 4.2% year-on-year. By consumption type, retail sales of goods amounted to 24.778 billion yuan, up 3.8% year-on-year, while catering revenue totaled 5.385 billion yuan, up 6.3%. Among hot-selling commodities, retail sales of furniture by units above designated size surged 16.2% year-on-year, daily necessities rose 11.4%, and building and decoration materials increased 5.9%.
In the first three quarters, Panzhihua's fixed asset investment (excluding rural households) grew 1.4% year-on-year, and the consumer price index (CPI) rose 1.3% year-on-year.
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