Northwest China Economic News

Things aren’t looking great for Shaanxi’s economy – Shaanxi’s GDP up by 5.8% in the first three quarters of 2019

If you thought China’s 6% growth rate for third quarter, slowest pace in nearly 30 years, was bad, brace for worse for the Northwest China. Shaanxi, the economy powerhouse in Northwest China, grows only 5.8% in the first three quarters this year. Q4…

Xi’an GDP in the 1st Half of 2019: Up by 7.0%

Xi’an is the largest city in Northwest China with population slightly above 10 million and the capital city of Shaanxi Province. According to preliminary calculations, in the first half of the year, the city’s total production value reached 414.234 billion…

Shaanxi GDP in 1st Half of 2019: Up by 5.4%

In the first half of the year, Shaanxi’s total production value reached 1,162.557 billion yuan, a year-on-year increase of 5.4%. The added value of the primary industry was 55.319 billion yuan, an increase of 4.5%; the second industry was 557.935…

Gansu GDP in 1st Half of 2019: Up by 6.0%

In the first half of 2019, Gansu GDP reached 377.18 billion yuan, a year-on-year increase of 6.0%. The growth rate dropped by 1.9 percentage from the first quarter and 1.0 percentage point over the same period of last year. The…

Qinghai GDP in 1st Half of 2019: Up by 5.7%

In the first half of this year, Qinghai GDP reached 127.88 billion yuan, calculated at comparable prices, an increase of 5.7% from last year. The primary industry gained an added value of 4.366 billion yuan, an increase of 4.2%; the…

Ningxia GDP in 1st Half of 2019: Up by 6.5%

According to preliminary calculations, GDP growth rate of Ningxia Hui Autonomous Region in the first half of 2019 was 6.5%, higher than the national average which is 6.3%. The region’s total production value reached 174.26 billion yuan, a year-on-year increase…

Growing Plant Extract Business in Shaanxi

Plant extract is a major industrial product from Shaanxi, a province in Northwest China.Plant extract export reached 1 billion Chinese Yuan in 2018, the forth largest export goods of Shaanxi by revenue. Cilitech’s recent industrial survey shows that 87% plant…

Category: Northwest China Economic News