Shanghai, the leading economic engine in eastern China, realized 108.2 billion yuan (13.3 billion U.S. dollars) in gross domestic product in the first quarter of this year, a year-on-year growth of 9.8 percent.

According to the municipal statistical bureau, the total included 51.05 billion yuan generated by the secondary sector, up 13.8 percent; and 56.03 billion yuan by the tertiary sector, up 6.5 percent.

The bureau said the industrial sector performed well between January and March.

The sector recorded 47.55 billion yuan in value-added output in the three-month period, up 14.5 percent. The growth rate was 4.5 percentage points higher than the year-earlier level.

Fix-assets investment in Shanghai amounted to 23.9 billion yuan from January to March, up 7.5 percent. Of the total, 8.5 billion yuan went to capital construction projects, representing a year-on-year growth of 13.4 percent and reversing the downward trend for the past two years, the bureau said.

Source: Xinhua