Economic Growth - Hangzhou's GDP for Q1 reached 571.5 billion yuan, with a year-on-year growth of 5.2% [2] - The growth rate of the secondary industry was 5.8%, while the tertiary industry grew by 5.0%, indicating a more coordinated development between the two sectors [2] Industrial Performance - The added value of industrial enterprises above designated size in Hangzhou was 107.3 billion yuan, marking a year-on-year increase of 7.0%, the highest in nearly 12 quarters [3] - Nine out of the top ten manufacturing industries in Hangzhou achieved positive growth, particularly in computer communication and other electronic equipment manufacturing, which saw increases of 20.9% and 16.5% respectively [4] Digital Economy and Innovation - The digital economy, especially sectors related to artificial intelligence, showed significant growth, enhancing the competitiveness of Hangzhou's core industrial clusters [4] - The investment in intelligent manufacturing, such as the 387 million yuan investment in a smart factory by Juhua Technology, highlights the shift towards automation and advanced production capabilities [4] Consumer and Trade Dynamics - The total retail sales of consumer goods in Hangzhou reached 207.5 billion yuan in Q1, with a year-on-year growth of 6.3%, driven by policies promoting consumption [5] - Exports totaled 147.1 billion yuan, growing by 18.7%, with high-tech product exports reaching 22 billion yuan, an increase of 13.2% [6] Policy Impact - The government initiated a series of policies to stimulate consumption, including subsidies for purchasing digital products and promoting trade with emerging markets [5][6] - The Belt and Road Initiative has provided opportunities for foreign trade enterprises, contributing to the overall positive economic outlook [6]
杭州一季度GDP5715亿元 增速高于上年同期
Hang Zhou Ri Bao·2025-04-29 01:52