Beijing’s GDP saw an increase of 6.8 percent year-on-year and Beijing residents’ per capita disposable income reached 31,079 yuan (about 4,613 U.S. dollars), up 6.4 percent in real terms in the first half of 2018, according to the data released by Beijing Municipal Bureau of Statistics and National Bureau of Statistics Survey Office in Beijing on July 18, 2018.
Beijing’s GDP reached 1,405.12 billion yuan, a rise of 6.8 percent year-on-year at comparable prices.
In terms of industries, the primary industry got a value of 4.2 billion yuan, a drop of 14.7 percent; the secondary industry harvested 243.14 billion yuan, a rise of 5.4 percent; while the tertiary industry made 1,157.78 billion yuan, up 7.2 percent, according to Pang Jiangqian, deputy director of and spokesperson toBeijing Municipal Bureau of Statistics.
Beijing’s GDP’s accumulative quarter growth rates have been kept between 6.7 and 6.9 percent in 12 consecutive quarters.
Pang said, “From the leading indicators reflecting macro economy, Beijing’s economy has been running soundly in the past six months, generating a good structure of steady growth, better employment and stable price.”
In terms of residents’ income, in the first half year, Beijing residents’ per capita disposable income made an increase of 8.8 percent year-on-year, with the real growth of 6.4 percent after deducting the price factor.
“The income from wage and salary was the biggest contributor of the four sources of urban and rural residents’ income and its stable rise was backed by Beijing’s stable employment,”analyzed Fang Xiaodan, the general statistician of and spokesperson to National Bureau of Statistics Survey Office in Beijing.
Beijing’s residents’ per capita income from wage and salary reached 19,435 yuan, a growth of 8.4 percent in the past six months.