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Beijing's GDP Tops 3.6 Trillion Yuan in 2020

2021-03-04 14:32  

Beijing's GDP reached over 3.6 trillion  yuan (about 558.5 billion U.S. dollars) in 2020, up by 1.2 percent over  the previous year at comparable prices, according to the Beijing  Municipal Statistics Bureau on Tuesday.

The value-added output of major industrial enterprises in Beijing  increased by 2.3 percent during the period, with the manufacturing of  computers, communications and other electronic equipment seeing a rise  of 14.6 percent.

Statistics also indicate that the capital city continued to see a  robust high-tech manufacturing industry in 2020, with the value-added  output up 9.5 percent.

The added value of the tertiary industry rose to more than 3 trillion  yuan, with the financial sector up by 5.4 percent to 718.8 billion  yuan, bolstering the recovery of the service industry in 2020.

Beijing saw its investment in fixed assets increasing by 2.2 percent  year on year, among which investment in high-tech services rose by 16.5  percent.

The city's consumer price index went up by 1.7 percent over the  previous year in 2020, and its producer price index dropped by 0.9  percent.

According to the bureau, the per capita disposable income of  residents in Beijing was 69,434 yuan last year, up by 2.5 percent year  on year. That of urban residents was 75,602 yuan, up by 2.4 percent over  the previous year.