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SZ's industrial added value increases 5.8%

Writer: Xia Yuanjie  |  Editor: Zhang Chanwen  |  From: Shenzhen Daily  |  Updated: 2022-09-29

The city’s industrial added value of enterprises at and above designated scale rose by 5.8% year on year between January and August, 0.5 percentage points higher than the figure between January and July, the local statistics bureau said Tuesday.

From January to August, Shenzhen effectively coordinated pandemic control and economic development, and its economy has sustained the momentum of recovery and growth, the bureau said.

The city’s fixed asset investment from January to August went up by 12.8% year on year, with industrial investment achieving robust growth during the period, up by 37.3% year on year.

In August, the total retail sales of consumer goods went up 5.6% year on year, indicating a rebound in the consumption market. Among all goods, vehicle retail sales went up by 28.3%.

In the past eight months, the total import and export volume posted an increase of 0.4% year on year to 2.189 trillion yuan, with exports rising 6.9% to 1.249 trillion yuan and imports dropping by 7.1% to 939.894 billion yuan.

From January to August, the CPI rose 2.4% year on year, flat from the figure during the first seven months of the year.