Macau | Local branch of Confucius Institute operative by early 2018
| 10:00pm
Film Festival | Hunting Season wins the Best Film Award at IFFAM
| 09:28pm
Macau | Future uncertain for Canidrome dogs as deadline looms
| 09:17pm
Macau | Local hotel industry service is on top of the list in Asia - Hotelier Awards Director
| 06:58pm
Two astronauts, cosmonaut return from five-month ISS mission
| 06:43pm
Macau | Record-breaking land transaction in Macau SAR confirmed, William Kwan vendor in the deal
| 06:27pm
Macau | Gov't striving to complete internal legislative procedure for taxi regulations by Q1 2018 - Sonia Chan
| 06:21pm
Film Festival | Brazilian director and producer at IFFAM Project Market highlight feedback from industry
| 06:13pm
Seven decades in the making, EU set to sign defence pact
| 06:00pm
Macau Lifestyle | DFS Masters of Time luxury watch exhibition to be held until Feb. 28, 2018
| 05:53pm

Gross product value up in Hengqin

For the first half of the year, gross product value in Hengqin reached RMB7.40 billion (MOP8.85 billion/US$1.10 billion), up 10.8 per cent year-on-year, according to official data. The growth resulted in Hengqin being the first leading district in Zhuhai City in terms of economic growth. Meanwhile, the Chinese city attracted RMB20.37 billion-worth of investment in […]

For the first half of the year, gross product value in Hengqin reached RMB7.40 billion (MOP8.85 billion/US$1.10 billion), up 10.8 per cent year-on-year, according to official data.
The growth resulted in Hengqin being the first leading district in Zhuhai City in terms of economic growth.
Meanwhile, the Chinese city attracted RMB20.37 billion-worth of investment in fixed assets, posting an increase of 18.1 per cent.
In particular, investments in infrastructure and industrial projects reached RMB17.61 billion, up 30.2 per cent year-on-year, accounting for 86.4 per cent of total investment.
Investment in real estate projects dropped 25.8 per cent year-on-year, amounting to RMB2.77 billion.
Official data also revealed that some US$344 million had been recorded for the city’s actual absorption of foreign direct investments, indicating a drop of 3.9 per cent when compared to the same six months a year ago.
For foreign trade, the Chinese city estimates a decrease of 4.1 per cent year-on-year to US$347 million.
Industries related to construction, finance and profitmaking services had a value added of RMB2.12 billion, RMB930 million and RMB840 million, respectively, improving GDP by 10.6, 5 and 3.4 percentage points, respectively.
According to official data, the construction of a deep foundation pit in Phase II of Chimelong was completed, with large scale construction projects such as the Traditional Chinese Medicine Science and Technology Industrial Park of Co-operation between Guangdong and Macau and the Hengqin International Science and Technology Innovation Centre entering the construction stage of their main structures.

OPINION

624 POSTS0 COMMENTS
228 POSTS0 COMMENTS
186 POSTS0 COMMENTS
103 POSTS0 COMMENTS