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15 July 2015

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Hunan’s Service Sector Revenue Ranks First in Central China

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From Jan. to Nov., 2016, the revenue of 4082 service sector enterprises above designated size in Hunan increased 20.6 percent year on year to 231.918 billion yuan, 9.6 percentage points higher than the national average, according to the latest data released by the Statistics Bureau of Hunan Province. In terms of revenue growth rate in this sector, Hunan ranked fourth in China and first among six provinces in central China.

Service sector enterprises above designated size in Hunan during the period between January and November of 2016 achieved a profit of 20.949 billion yuan, a year-on-year increase of 13.2 percent. Among the 33 industrial categories, 24 registered profit growth. The profit of software and information technology, education, and science and technology popularization and application increased 67.9 percent. 62.3 percent and 55 percent respectively.

Sci-tech service enterprises above designated size in Hunan realized revenue of 141.671 billion yuan, and production service sector gained revenue of 179.148 billion yuan, a year-on-year growth of 21.8 percent and 21.5 percent respectively.

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Translator: Xiao Juan

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