Guangdong’s GDP rises 6.4% over first three quarters
2019-10-25 14:50:39 Newsgd.com Newsgd.com
Data from Guangdong Provincial Bureau of Statistics showed that the province’s GDP increased 6.4 percent year on year during the first three quarters of 2019 to approximately 7.7 trillion RMB.
A breakdown of the data showed output of the service sector, which accounted for 56。3 percent of the total GDP, expanded 1。2 percent year on year, 16。4 percent higher than secondary industry。
In terms of consumption, sales of consumer goods in Guangdong Province rose 7.8 percent year on year to about 3.14 trillion RMB, the highest growth rate since the beginning of this year.
Author: Wang Yifan
Editors: Simon, Monica