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Updated: 2019-05-24

According to preliminary calculations, the region's GDP in 2017 was 60.23 billion yuan, up 12.3 percent over the previous year. In terms of industries, the added value of the primary industry, secondary industry, and tertiary industry were 2.01 billion yuan, 35.72 billion yuan and 22.49 billion yuan respectively, with year-on-year growths of 6.3 percent, 11.0 percent, and 14.6 percent. The proportion of the three industrial structures was 3.34: 59.31: 37.35. The proportion of the first two industries decreased by 0.14 percent while that of the tertiary industry increased by 0.28 percent. The per capita GDP reached 91,31 yuan, an increase of 10.1 percent over the previous year. (From the Statistical Communiqué of Huaxi district on the 2017 National Economic and Social Development) 

Huaxi district was selected as one of the top 100 regions with investment potential in China in 2018. The evaluation index system of investment potential involves five aspects: population and labor force, infrastructure, traffic location, ecological environment, and business environment. 

These years, Huaxi district sticks to the two bottom lines of development and ecology, and is vigorously developing six industrial clusters led by modern new agriculture, big data, high-end equipment manufacturing, new medicine and health, and cultural tourism and modern services to foster new economic growth poles. 2017 saw a total of 16.81 billion yuan from outside the province, an increase of 51.71 percent on a year-on-year basis. Fifty-six new projects have been put into production, and the comprehensive index of attracting foreign investment ranked first in the city's half-yearly inspection and evaluation. 

To date, Huaxi district has introduced Evergrande, Midea, Vanke, LinkedIn, China Construction Science & Technology, Fosun International, Tencent Cloud, Sina Tourism, www.ac.vip, and many other enterprises for investment promotion by means of business-to-business, platform, door-to-door, and other modes with preferential policies regarding taxation, capital, talents, and land.


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