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Home >> Business
UPDATED: 14:41, June 25, 2004
Yunnan posts double-digit GDP growth in first quarter
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Southwest China's Yunnan Province realized 57.504 billion yuan (6.93 billion US dollars) in gross domestic product in the first quarter of this year, a year-on-year growth of 11.1 percent in terms of comparable prices.

The growth rate was 3.1 percentage points higher than the year-earlier level, according to the provincial bureau of statistics.

In the three-month period, Yunnan recorded 7.698 billion yuan (927.47 million US dollars) in value-added output for the primary sector, 29.665 billion yuan (3.57 billion US dollars) in value-added output for the secondary sector, and 20.141 billion yuan (2.43 billion US dollars) in value-added output for the tertiary sector, up three percent, 12 percent and 12.4 percent respectively.

Of the total value-added output of the province's secondary sector, 25.129 billion yuan (3.03 billion US dollars) was realizedby industrial enterprises, up 8.7 percent; and 4.536 billion yuan (546.51 million US dollars), by construction enterprises, up 34.6 percent.

The bureau says that the primary sector registered a growth rate roughly the same as the year-ago level, the secondary sector,a growth rate 3.6 percentage points higher, and the tertiary sector, a rate 3.5 percentage points higher.

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