Introduction of Wuxi
Economic Development
Release time:2013-07-25 Browse:
 

Wuxi's national economic has maintained a stable growth and Wuxi’s GDP ranked the 1st in Jiangsu. In 2012, Wuxi's GDP reached RMB 756.815 billion, increasing by 10.1% compared to that in 2011 calculated at comparable prices; and the per capita GDP reached RMB 117,400 calculated by permanent population, equaling to USD 18,700 according to the current exchange rate.

Wuxi's industrial structure has been further optimized. The added value of the primary industry, the secondary industry and the tertiary industry reached RMB 13.722 billion, RMB 401.203 billion and RMB 341.89 billion respectively, and these three industrial restructuring proportion is 1.8:53.0:45.2.

Wuxi's emerging industries have maintained a stable development. The total value of out-put of 8 strategic emerging industries, including Internet of Things (IOT), new energy, new materials and display, energy conservancy and environmental protection, micro-electronics, biotechnology and new medicine, software and service outsourcing, industrial design and cultural creative industry, reached RMB 604.366 billion, yearly increasing by 9.3%. The total value of out-put of the software and service outsourcing and the industrial design and cultural creative industry increased by 34.4% and 16.0% respectively, and the total value of out-put of the IOT industry surpassed RMB 60 billion.

Wuxi's employment and self-employment have been solidly promoted. At the end of 2012, another 138,000 people were employed, 100,300 urban laid-off workers were employed or re-employed, and 31,600 people having difficulties in finding jobs were employed with the government help. The registered urban unemployment rate was 2.4%.

Wuxi's private economy has been expanded in an orderly manner. In 2012, the registered capital of private economy reached RMB 598.978 billion, increasing by 14.8% compared to that in 2011; the added value of private economy reached RMB 485.724 billion, increasing by 10.3% compared to that in 2011; the added value of private economy occupied 64.2% of the economic aggregate, increasing by 0.5% compared to that in 2011; the paid taxation of private economy reached RMB 56.144 billion, increasing by 5.6% compared to that in 2011; and the investment in fixed assets of private economy reached RMB 220.283 billion, yearly increasing by 18.2%.

Wuxi's prices of products and services have dropped gradually. In 2012, the urban consumer price index was 102.5, decreasing by 2.6% compared to that in 2011; the price index of service items was 101.9, the price index of consumer goods was 102.9, and the price index of commodity retailing was 101.8.

Note:

The Wuxi Municipal Bureau of Statistics

Wuxi Survey Team of the National Bureau of Statistics of China

February 22, 2013

1. The GDP and absolute value of the industrial added value in this bulletin were calculated according to the current prices, and the increase rate was calculated at the comparable prices.

2. All data mentioned in this bulletin are preliminary statistics.

 
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