中文版

Hubei's economy registers stable growth in August

2024-09-30 11:39  |  Source: en.hubei.gov.cn

Hubei’s economy maintained stable performance in August this year, with major economic indicators posting growths, official data showed on September 18.


In August, the province’s added value of industries above designated size went up 8.7 percent year on year, which was 0.4 percentage points higher than the growth rate of last month.


A number of key industries achieved robust growth during the period. The added value of high-tech manufacturing sector expanded 24.1 percent year on year. The output of smart phones, sensors and electronic components jumped by 140 percent, 37.9 percent and 25.0 percent, respectively.


In the January-August period, Hubei’s fixed-asset investment rose 5.8 percent year on year.


The total retail sales of consumer goods in the province represented a year-on-year increase of 5.1 percent during the period. Especially, the online retail sales above the designated quota grew by 17.4 percent, 0.1 percentage points higher than the growth figurefrom January to July. (en.hubei.gov.cn by Zhang Yawei)