Nanchong economy

Nanchong economy

In 2019, Nanchong's GDP will reach 232.222 billion yuan, an increase of 8.0% over that of 2018. Among them, the added value of the primary industry was 40.425 billion yuan, an increase of 2.9% over 2018; the added value of the secondary industry was 93.762 billion yuan, an increase of 9.4% over 2018; the added value of the tertiary industry was 98.036 billion yuan, an increase of 9.3% over 2018. The contribution rates of the three industries to economic growth are 7.3%, 50.1% and 42.6% respectively. The per capita GDP was 36073 yuan, an increase of 7.9% over 2018. The ratio of the three industrial structures was adjusted from 17.3:40.2:42.4 in 2018 to 17.4:40.4:42.2. The added value of private economy in the whole year was 141.327 billion yuan, 8.1% higher than that in 2018, accounting for 60.9% of GDP, and contributing 69.1% to GDP growth.

In 2019, Nanchong's general public budget revenue was 12.332 billion yuan, an increase of 9.3% over that of 2018, of which the tax revenue was 7.532 billion yuan, an increase of 6.4% over that of 2018. The general public budget expenditure was 55.525 billion yuan, an increase of 12.1% over 2018.

In 2019, the total social fixed asset investment in Nanchong will increase by 13.3% compared with that in 2018. In terms of industries, the investment in the primary industry increased by 12.8% compared with that in 2018; the investment in the secondary industry increased by 15.4% compared with that in 2018, of which the industrial investment increased by 15.9%; the investment in the tertiary industry increased by 13.0% compared with that in 2018, of which the investment in transportation increased by 20.7%. Infrastructure construction investment increased by 10.7%, private investment by 13.0% and technological transformation investment by 18.6% over 2018.