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Unit: Renminbi (RMB) | ||
Amount | YOY Growth | |
Gross domestic product | 9.37 Trillion | 6.8% |
Total foreign trade | 7.16 Trillion | 5.1% |
Foreign investment in actual use | 14.509 Billion | 4.9% |
Foreign investment in actual use(in manufacturing industry) | 52.04 Billion | 57.9% |
Local government’s general public budget revenue | 1.21 Trillion | 7.9% |
Disposable income per capita | 35,800 | 8.5% |
Consumer price | — | 2.2% |
Total retail sales of consumer goods | 4.15 Trillion | 8.8% |
The year 2018 coincided with the 40th anniversary of the reform and opening up of the country. It was also a significant year in the history of Guangdong’s reform and development. The economic and societal development of Guangdong Province grew dramatically in 2018. The provincial gross domestic products reached RMB 9.73 trillion, marking a year-over-year growth of 6.8%. The total export jumped up by 5.1% to RMB 7.16 trillion. Foreign investment in actual use increased by 4.9% to RMB 14.509 billion, which contained RMB 52.04 billion of foreign investment in manufacturing industry, up by 57.9%. The local government’s general public budget revenue amounted to RMB 1.21 trillion, up by 7.9%. The disposable income per capital was RMB 35,800, representing an 8.5% increase; meanwhile, the consumer price grew up by 2.2%. The total retail sales of consumer goods reached as high as RMB 4.15 trillion, up by 8.8%.
The goals of Guangdong’s economic and societal development for 2019 are: provincial gross domestic product grows by 6-6.5%, amounting to more than RMB 10 trillion; Local government’s general public budget revenue increases by 6-6.5%; Investment in fixed assets goes up by around 9%, total retail sales of consumer goods up by 8.5% and total foreign trade increases by 3%.