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Chongqing posts 8.3% GDP growth in 2021

Updated: 2022-01-20

The gross domestic product (GDP) of Southwest China's Chongqing municipality totaled 2.79 trillion yuan ($439.79 billion) in 2021, up 8.3 percent year-on-year, according to a news conference held by the local government on Jan 19.

The added value of Chongqing's primary, secondary and tertiary industries rose 7.8 percent, 7.3 percent and 9 percent, respectively – to 192.2 billion yuan, 1.12 trillion yuan and 1.48 trillion yuan.

Chongqing posts 8.3% GDP growth in 2021

An evocative waterside view of Chongqing municipality captures the reflections of the city in the river. [Photo/Chongqing Daily]

The city also saw the added value of its industries above a designated size increase by 10 percent year-on-year – with automobiles and motorcycles, electronics, high-tech manufacturing and strategic emerging manufacturing growing by 11.3 percent, 17.3 percent, 18.1 percent and 18.2 percent, respectively.

In terms of consumer spending, total retail sales of consumer goods last year grew by 18.5 percent to 1.4 trillion yuan.

Fixed-asset investment gained 6.1 percent year-on-year – including infrastructure investment up 7.4 percent, industrial investment up 9.1 percent and real estate development investment up 0.1 percent.

The income gap between the urban and rural areas narrowed last year. The total per capita disposable income of residents was 33,803 yuan, an increase of 9.7 percent.

Of that, the per capita disposable income of urban and rural permanent residents was 43,502 yuan and 18,100 yuan, respectively, up 8.7 percent and 10.6 percent.



UK trade commissioner for China praised Chongqing as a burgeoning center in intelligent manufacturing.


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