shenzhen's industrial added value was 247.2 billion yuan (us$37 billion) from january to may this year, 7.1 percent higher than the same period last year, the shenzhen economic daily reported yesterday.
data from the city's statistics bureau showed the industrial added value of joint-stock enterprises in shenzhen grew by 17 percent from january to may compared with the same period last year.
the added value of the telecom device, computer and other electronic device manufacturing industry went up by 11.2 percent.
the fixed asset investment in shenzhen was 116.6 billion yuan from january to may, up by 22.2 percent compared with the same period last year.
specifically, the secondary industry's fixed asset investment declined by 2.2 percent, and the tertiary industry's fixed asset investment increased by 26.3 percent.
the retail sales of consumer goods amounted to 207.3 billion yuan from january to may, an increase of 8.2 percent.
the sales of vehicles went up by 15.5 percent and the sales of books, newspapers and magazines climbed by 13.6 percent. the turnover of food, beverage, tobacco and liquor increased by 11.5 percent. the sales of daily necessities grew by 10.2 percent.
the city's fiscal budget revenue was 149.9 billion yuan from january to may, up by 32.4 percent compared with the same period last year, while the fiscal budget expenditure was 96.3 billion yuan, an increase of 28 percent.
the foreign currency and rmb deposit balance of financial institutions in shenzhen was 6.09 trillion yuan as of the end of may, while the loan balance for rmb and foreign currency was 3.6 trillion yuan, an increase of 24.3 percent compared with the same period last year.
the total value of imports and exports in shenzhen was 972.8 billion yuan from january to may, with the export value totaling 584.8 billion yuan and the import value amounting to 387.9 billion yuan, according to shenzhen customs.
an industrial analyst said shenzhen's industrial structure is being upgraded and optimized, and the city's high-quality and innovation-oriented economy is seeing stable and healthy growth.
