Hengqin's GDP up 3% to 23.634 billion RMB in H1
According to the Statistics Bureau of Guangdong Macao In-depth Cooperation Zone in Hengqin, in the first six months of 2023, the cooperation zone recorded 23.634 billion RMB of regional GDP, with an increase of 3% year on year.
There are 55,370 registered enterprises in the cooperation zone by the end of June this year, marking a 1.9% increase compared to last year. Among them, there were 5,688 Macao-funded enterprises, showing a growth of 15.3% year-on-year.
More specifically, the added value of the service industry in the cooperation zone reached 21.547 billion RMB, with a year-on-year growth of 4.1%. In detail, the added value of sectors including the cultural, sports, and entertainment industry, accommodation and catering industry, scientific research and technical services industry, leasing and business services industry, and financial industry increased by 63.1%, 16.2%, 10.5%, 4.8%, and 2.9%, respectively.
By the end of June, the cooperation zone's total balance of deposits in foreign and domestic currencies in financial institutions amounted to 207.545 billion RMB, with a year-on-year growth of 24.4%. The loan balance reached 195.598 billion RMB, growing by 18.9% compared to last year.
From January to May, service industries above the designated scale achieved an income of 23.432 billion RMB, showing a year-on-year growth of 81.8%. Among them, other profitable service industries saw their business income rise to 14.023 billion RMB, a growth of 29.4%.
Regarding employment, by the end of June, the number of registered employees in the cooperation zone reached 71,033 people, representing a year-on-year increase of 5.1%. The cooperation zone has seen an increase of 4,390 new registered employees this year.
In terms of consumption, the total retail sales of social consumer goods in the cooperation zone reached 1.225 billion RMB, with a year-on-year growth of 54.7%. Among them, the retail sales of clothing, shoes, and textiles reached 286 million RMB, with a growth rate of 66.5%.
As for foreign trade, the total import and export volume in the cooperation zone was 10.327 billion RMB, with a year-on-year decrease of 38.6%, a reduction compared to the first quarter's decrease of 4.4 percentage points. The total export volume was 6.151 billion RMB, with a year-on-year decrease of 35.5%.
Nonetheless, the cooperation zone has seen significant growth in attracting foreign investment. In the first half of the year, the actual foreign direct investment in the cooperation zone amounted to 722 million US dollars, marking a year-on-year increase of 1.5 times.
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