Nansha tops Guangzhou in GDP growth in Q1-Q3

Nansha's gross domestic product in the first three quarters of the year reached 1.29 trillion yuan ($19.3 billion), with a year-on-year increase of 4.2 percent, ranking first in Guangzhou among all districts in terms of growth rate.

The added value of the primary industry of the district in the first nine months increased by 4.9 percent to 3.8 billion yuan, the added value of the secondary industry dropped by 0.4 percent to 51.77 billion yuan, and the added value of its tertiary industry climbed by 8.3 percent to 73.47 billion yuan.

The growth rate of Nansha's fixed assets investment, general public budget revenue, as well as the total import and export value in the first three quarters also ranked first in the city.

The district's fixed assets investment grew by 27 percent to 62.39 billion yuan, its general public budget revenue saw a year-on-year increase of 6.9 percent to 6.69 billion yuan, while the total import and export value increased by 21.1 percent to 175.04 billion yuan.

The output value of industries above designated size amounted to 198.06 billion yuan, increasing by 1.9 percent, ranking fourth among all districts in the city.