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BDA Reports Nearly 40 Percent GRP Growth in First Three Quarters

2021-11-18 16:17  

Beijing Economic-Technological Development Area (BDA), in the first three quarters of this year, fulfilled a gross regional product of CNY 193.48 billion, rising by 38.8 percent YoY. The growth rate took a leading position in Beijing.

In the first three quarters, added value of the secondary industry reached CNY 136.0 billion in BDA, growing by 53.6 percent YoY, with a two-year average growth rate at 12.7 percent. Added value of the tertiary industry amounted to CNY 57.48 billion, up by 12.6 percent YoY, with a two-year average growth rate at 9 percent.  

In terms of major sectors, the industry sector, which takes the highest proportion, completed the added value of CNY 132.04 billion, growing by 53.8 percent YoY, with a two-year average growth rate at 14.7 percent; recovery of the commodity circulation continued, with the retail and wholesale sector growing by 11.7 percent YoY. Moreover, the growth rates of transport, warehousing, postal service, information transmission, software, IT service, financial industry, and other sectors are much higher than average in Beijing.