Huai’an Municipal Government held a press conference on Nov 7, briefing about the city’s economic development in the first three quarters of 2017.
In the first three quarters of 2017, the city has achieved a regional GDP of 248 billion yuan (36.47 billion US dollars), a year-on-year increase of 7.4 percent, and a total import and export value of 3.24 billion US dollars, a year-on-year growth of 29.3 percent.
In the same period, the city has fulfilled fixed asset investment of 188 billion yuan (27.65 billion US dollars), a year-on-year rise of 11.4 percent, and registered 117 newly-established foreign investment projects, including 34 with a total investment value of more than 30 million US dollars each, with a registered contract foreign-investment value of 3.21 billion US dollars, a year-on-year growth of 46.1 percent.
The city is now striving to promote high-end projects. To date, it has attracted 12 new high-end projects with an investment value of more than 1 billion yuan (147 million US dollars) each and 5 new high-end projects with a total investment value of over 100 million US dollars each.
The residents’ per capita disposable income has reached 18,724 yuan (2,754 US dollars), a year-on-year increase of 9.3 percent.