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15 July 2015

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Hunan Continues to Top Central China in Economic Operation Quality

2016-07-29 Download Print Comment
A press conference of Evaluation Report on Hunan Economic Operation Quality 2015 was held on July 27, 2016. 

According to Xiong Chen, chief economist of Hunan Economic and Information Technology Commission, Hunan’s industrial economy witnessed a steady growth in 2015. The comprehensive assessment of the province’s economic operation quality continued to take the lead in China and rank first among six provinces of central China. 
The report showed that Hunan’s economic operation quality maintained a momentum of stabilization and recovery in 2015. The comprehensive index increased 3.04% year on year to 94.59. 
Xiong Chen also briefed on Hunan’s industrial economic operation in the first half of the year. The growth rate of added value of industrial economy saw a gradual recovery and was higher than that of the national average. From January to June, the added value of industries above designated above in Hunan increased year on year by 6.5%, 0.5 percentage points higher than the national average and an increase for 4 consecutive months. 
The profitability of industrial economy has been further improved. From January to May, the main business revenue of industrial enterprises above designated size increased 7.8% year on year to 1,269.306 billion yuan, 4.9 percentage points higher than that of the national average and ranking fourth in the whole country. The profit of those industries totaled 55.539 billion yuan after breaking even, up by 5.5%. 
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Translator: Xiao Juan
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