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Maoming's GDP rises 12.9% in H1

Updated: 2021-08-06

The regional gross domestic product (GDP) of Maoming reached 166.06 billion yuan ($25.7 billion) in the first half of this year, increasing 12.9 percent year on year.

The total volume continues to rank first in the eastern, western and northern parts of Guangdong province, and seventh in the entire province.

From January to June, construction of 227 key projects at the provincial or city levels has been started or accelerated in Maoming. Among them, 21 began construction in the second quarter of this year, with a total investment of 20.6 billion yuan, spanning such fields as health care, infrastructure, industrial park construction and rural revitalization.


The Shuidong Bay Bridge accelerates the integrated development of Shuidong Bay and Bohe Bay in Maoming. [Photo/WeChat account: maofabu]

The city's fixed asset investment in the first half of this year totaled 34.79 billion yuan, an increase of 21.1 percent, which is 5.3 percentage points higher than the provincial growth.

The lychee output of Maoming this year was 581,000 metric tons, a year-on-year increase of 12.4 percent, and the total revenue reached 7.12 billion yuan, creating a new peak of lychee sales in Maoming.

In the first half of 2021, the added value of the service sector in Maoming was 81.29 billion yuan, up 11.3 percent, with an average growth of 4.3 percent over the last two years.

The total retail sales of consumer goods in the city were 71.77 billion yuan, a year-on-year increase of 15.6 percent and an average growth of 0.4 percent over two years.

The total import and export volume of the city reached 7.86 billion yuan, up 46.8 percent, ranking third in the province.