Chaozhou - Economy

Economy

In 2006, GDP of the whole city totaled 33.0 billion yuan, up by 13% over the previous year. Agricultural output value reached 5.732 billion yuan, dropped by 3.1%. Industrial output value amounted to 64.9 billion yuan, representing an increase of 16.4%. Seven pillar industries of ceramics, garment, food, plastics, electronics, stainless steel products and printing achieved above-scale industrial output value of 22.92 billion yuan, up by 30.3%, accounting for 62.7% of the total above-scale industrial output value. The proportion of the three industries to the aggregate of GDP was 9.5:56.2:34.3 in 2006. Local financial revenue in the general budget increased to 1065 million yuan, up 23.2%. The gross value of import and export added to US$2.3 billion, representing an increase of 21.3%. Overall consumer product retail sales came to 11.814 billion yuan, representing an increase of 14.7%. Consumption on transport and telecommunication, garment, health care and housing showed massive growth. Expenditure reached 3.56 billion yuan for urban resident and 8.25 billion yuan for rural resident, showing rises of 11.1% and 16.4% respectively. Throughout the year, Chaozhou received visitors of 1,899,000 person/time, up by 15.6%, yielding a revenue of 2.748 billion yuan in tourism, up by 15.4%. Investment in fixed assets came to 10.974 billion yuan, up by 12.4%.

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Famous quotes containing the word economy:

    Everyone is always in favour of general economy and particular expenditure.
    Anthony, Sir Eden (1897–1977)

    The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.
    Henry David Thoreau (1817–1862)

    I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.
    Calvin Coolidge (1872–1933)