South China’s Hainan province saw its gross domestic product rose 8.0% year on year to RMB 167.56 billion in the first half of this year, according to the latest statistics released by the Hainan Statistics Bureau.


The economic growth was 0.6% higher than the national average of 7.4%.


According to the statistic, RMB 42.35 billion of the GDP was generated by the primary sector, reflecting a year on year increase of 5%.


Meanwhile the province’s secondary sector and the tertiary sector generated RMB 44.58 billion and RMB 80.63 billion in GDP in the six-month period, increased 10.4% and 8.0% than in the previous year, respectively.


In the first half of this year, the province’s value-added industrial output rose 10.2% year on year to RMB 27.76 billion, while value-added industrial output of industrial enterprises each with core business revenue of at least RMB 20 million rose 10.5% year on year to RMB 25.65 billion.

SOURCE: China Knowledge

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