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Xiamen released economic operation data for first three quarters

On October 26, 2022, the Xiamen Municipal Bureau of Statistics released the economic operation analysis for the first three quarters of 2022. In the first three quarters, the city registered a gross regional production of 568.672 billion yuan, up by 5.9% over the same period of last year, presenting an advancing and stable trend. The agricultural production is basically stable, with the city-wide production of agriculture, animal husbandry and fishery totalling 4.444 billion yuan, up by 3.5% YOY. Industrial production reached a stable pickup, represented by the industrial added value of enterprises above the designated scale increased by 6.6%. Commercial and service industries remain stable growth as the wholesale sales and retail sales above the designated quota increased by 26.5% and 13.8% respectively. Investment maintains a steady trend of growth with 231.571 billion yuan of fixed asset investment completed throughout the city, up by 9.8%. The consumer goods market rebounds healthily, with the total retail sales of consumer goods up to 204.333 billion yuan, up by 4.4% YOY. The balance between financial incomes and expenditures remains stable with the total public budget income hitting 128.702 billion yuan, up by 3.2% in the same caliber. The income of citizens has been continuously increasing and the per capita disposable income of the city reaches 53,846 yuan, with a YOY increase of 6.2%. The consumer price increased by 1.7% over the same period of last year, an increment of 0.3 percentage points compared with the first half of the year, presenting a stable performance by and large.

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