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15 July 2015

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Double-digit Growth in 23 Service Sectors in H1

2017-08-04 T | T Download Print

The Hunan Provincial Statistics Bureau on August 2 announced that, Hunan has 4,670 service enterprises above the designated scale, making a total revenue of 136 billion yuan in the first half of 2017. The year-on-year growth rate reached 15.7%, 2.5 percentage points higher than the national average, and ranking 7th nationwide.

The enterprises are in 33 service industrial sectors, among which, 31 sectors witnessed revenue growth, and 23 increased at double-digit rates.

Commercial service, a main service sector, realized sound operation. In the first half, 878 commercial service companies generated revenue of 34.13 billion yuan, increasing by 25.7% year on year. Rapid revenue growth occurred in warehousing; ecological protection and environmental protection; culture and arts; and, sports, with the revenue increasing by 64.6%, 60.4%, 43.4%, and 38.4% respectively. The post, education, social work, and entertainment sectors all achieved a growth rate above 20%.

The service enterprises also progressed in profitability. These enterprises above the designated scale realized a total profit of 12 billion yuan in the first half, increasing by 11.2% over last year.

Please refer to www.enghunan.gov.cn when using the article.

Translator: Pang Yuehui

Chinese source: hunan.gov.cn