Liupanshui's GDP in the first half of 2019 reached RMB74.772 billion, the second fastest in Guizhou Province.
Since the start of this year, Liupanshui has fully implemented the deployment and decision-making processes as instructed by the central and provincial governments to move forward with the work steadily and practically. The economic development in the city is experiencing dynamic growth and the people's livelihood is substantially improved.
Initial estimation indicated that the city's GDP in the first half of 2019 is RMB74.772 billion, YoY growth of 10.1%, greater than the national average of 6.3% and the provincial average of 9.0%, ranking the second in Guizhou Province in terms of growth rate. To be specific, the primary sector contributes RMB7.057 billion, with an increase of 5.4%; the secondary sector contributes RMB39.268 billion, with an increase of 10.4%; and the tertiary sector contributes RMB28.447 billion, with an increase of 10.4%. The industrial structure is 9.4:52.5:38.1. Compared with the same period last year, the ratio of the primary sector and the secondary sector dropped by 0.6% each, and that of the tertiary sector increased by 1.2%.