According to the data released by the Standing Committee of the 16th Changzhou Municipal People’s Congress, in the first half of 2021, the economy in Changzhou achieved generally stable growth while making further progress. The local GDP for H1 exceeded 400 billion yuan for the first time, an increase of 13.8% year-on-year, which was 0.6 percentage points higher than the provincial average.

During the same period, the other economic indicators in Changzhou also performed well. The general public budget revenue was 38.03 billion yuan, an increase of 21%, which was higher than the provincial average by 1.9 percentage points, and the growth rate ranked first in southern Jiangsu. Fixed assets investment increased by 7.3%, of which the industrial investment up 14.4%, 8.8 percentage points higher than the previous month. The total retail sales of consumer goods recorded 143.37 billion yuan, the growth rate of 34.4% ranking second in Jiangsu; while the per capita disposable income of residents stood at 28,926 yuan. The actual paid-in foreign capital was 1.453 billion US dollars. The total import and export volume registered 142.54 billion yuan, an increase of 30.2%, and the growth rate ranked first in southern Jiangsu.

Compared with the same period of 2019, the average growth rate of the main indicators in these two years ranks at the forefront of the province and southern Jiangsu cities. For example, the regional GDP increased 7.4% on average, ranking third in the province and first in southern Jiangsu. The general public budget revenue, the added value of industrial enterprises above designated size and industrial electricity consumption, increased by 10.2%, 12.2%, and 10.6% respectively, all ranking first in southern Jiangsu. The total retail sales of social consumer goods increased by an average of 10.7%, ranking first in the province.

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