Hainan’s GDP up 7.3% to RMB81.51 billion in Q1 of 2014
South China's Hainan province saw its gross domestic product up 7.3% year on year to RMB 81.51 billion in the first quarter of this year, according to the latest statistics released by the Hainan Statistics Bureau.
The economic growth was 0.1% lower than the national average of 7.4%.
According to the statistic, RMB 19.48 billion of the GDP was generated by the primary sector, reflecting a year on year increase of 4.4%.
Meanwhile the province's secondary sector and the tertiary sector generated RMB 18.94 billion and RMB 43.08 billion in GDP in the three-month period, increased 9.7% and 7.2% than in the previous year, respectively.
In the first three months, the province's value-added industrial output rose 8.8% year on year to RMB 13.43 billion, while value-added industrial output of industrial enterprises each with core business revenue of at least RMB 20 million rose 9.0% year on year to RMB 12.27 billion.
SOURCE: China Knowledge
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