The gross domestic product (GDP) of Hubei Province exceeded 2.73 trillion yuanin the first half (H1) of 2024, with a year-on-year increase of5.8 percent, localstatistics authorities said onJuly 19.

  The growthrate was 0.2 percentage points higher than the province’s performanceduringthe same period of last year, and0.8 percentage points higher than the national level.

  From January to June, the added value ofHubei's primary, secondary and tertiaryindustries grew by 3.1 percent, 6.6 percent and 5.6 percent year on year, respectively.

  During the same period, the province’s total outputofsummer grain recorded a year-on-year growth of 0.4 percent to 4.9055million tonnes.

  The added value of industries above designated size registered an increase of 7.9 percent year on year, while those of high-tech manufacturing sector surged by 24.6 percent.

  Hubei’s investment in fixed assets (excluding rural household) rose 5.9 percent year on year over the same period. The total retail sales of consumer goods surpassed 1.13 trillion yuan, ascending by 5.5 percent year on year. And the province's foreign tradeamounted to 313.32 billion yuan, soaring by 5.3 percent.

  In the first half of this year, a total of 538,400new jobs were created in urban areas of the province.The per capita disposable income of all residents in the province advanced 4.9 percent over the same period of last year. (en.hubei.gov.cn by Zhang Yawei)

  Source: en.hubei.gov.cn