It is learned from the Huadu District Bureau of Statistics that the results of the unified accounting of Guangzhou's GDP shows that Huadu District recorded a GDP of 83.462 billion yuan in the first half of 2024, a year-on-year increase of 4.1%. To be specific, the added value of the primary industry was 2.132 billion yuan, up by 5.0% year-on-year, that of the secondary industry was 32.122 billion yuan, up by 3.8%, and that of the tertiary industry was 49.207 billion yuan, up by 4.3%. The total industrial output value of enterprises above designated size increased by 4.2% year-on-year.

From January to June, Huadu's enterprises above designated size achieved a total industrial output value of 108.714 billion yuan, a year-on-year increase of 4.2%; and the product sales rate of industrial enterprises above designated size was 98.3%, down 0.6 percentage points from the same period last year. The top six industries in the District in terms of output value all achieved growth. The electrical machinery and equipment manufacturing industry had the fast growth rate, up by 23.7% year-on-year; and the manufacturing of chemical raw materials and chemical products, the manufacturing of computer communications and other electronic equipment, and the metalwork, machinery and equipment maintenance industry maintained double-digit growth, with year-on-year growth of 20.5%, 17.7% and 17.2% respectively. Leather, fur, feather and their products and footwear industry increased by 5.7% year-on-year.

Investment in fixed assets increased by 12.3% year-on-year

In the first half of the year, fixed asset investment (by project location) of Huadu District increased by 12.3% over last year. In particular, investment in construction and renovation increased by 15.0% year-on-year; and industrial investment by 40.0%. In terms of industrial structure, the secondary and tertiary industries achieved year-on-year growth of 43.7% and 6.4% respectively. In terms of economic type, state-owned investment, private investment and foreign investment increased by 6.9%, 75.5% and 8.6% respectively year-on-year.

The consumer market continues to grow

The total retail sales of consumer goods in Huadu District in the first six months reached 41.59 billion yuan, a year-on-year increase of 0.4%; and it is worth mentioning the fast growth of the retail sales of Chinese and Western medicines and cosmetics by units above designated size.

General public budget revenue grew steadily

The general public budget revenue of Huadu District from January to June was 3.971 billion yuan, a year-over-year increase of 1.9%; and the general public budget expenditure was 7.466billion yuan, a year-over-year increase of 5.8%. And the District's tax revenue from January to June was 10.231 billion yuan, a year-on-year increase of 7.8%.