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15 July 2015

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Changsha GDP Exceeds One Trillion CNY

2018-01-04 Download Print

The Second Session of the 15th Changsha Municipal People’s Congress was convened at Changsha People’s Hall on January 2, 2018. Changsha Mayor Chen Wenhao delivered a report on the work of the Changsha government.

The report shows that Changsha’s estimated GDP exceeded one trillion CNY in 2017, up by 9.0 percent.

In 2017, under the strong leadership of the CPC Hunan Provincial Committee, the Hunan Provincial People’s Government, and the CPC Changsha Municipal Committee, Changsha promoted and implemented the 19th CPC National Congress spirit. The city has remained true to the founding mission of the Party and worked hard to press ahead. Efforts have been made to implement innovation-driven opening up strategy, build Changsha into a national intelligent manufacturing center, a national innovative and creative center, and a national transportation and logistics center. The targets and tasks set at the First Session of the 15th Changsha Municipal People’s Congress were accomplished.

The added value of Changsha’s industrial enterprises above designated size increased 8.5 percent to 354 billion CNY. Changsha’s fixed-asset investment grew 13.1 percent to 757 billion CNY. The total retail sales of consumer goods stood at 455 billion CNY, up by 10.5 percent. The general public budget revenue increased 13.73 percent to 140 billion CNY. The economy has registered a stable performance with good momentum for growth.

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Translator: Xiao Juan

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