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GDP of China's Guangxi up 7.5% in 2021


Updated: 2022-01-27

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The gross domestic product (GDP) of South China's Guangxi Zhuang autonomous region rose by 7.5 percent year-on-year to top 2.4 trillion yuan ($379 billion) in 2021, local authorities said.

From January to November 2021, profits of the region's industrial enterprises with annual revenues of more than 20 million yuan reached 106.5 billion yuan, up 41.2 percent year-on-year, data from the regional statistics bureau showed.

The region's new industrial products such as new energy vehicles, solar cells and optical instruments saw rapid growth in output last year, up 1.6 times, 1.2 times, and 57.1 percent, respectively.

In 2021, the total retail sales of consumer goods of Guangxi increased by 9 percent over the previous year. The fiscal revenue soared 8.1 percent to nearly 302.8 billion yuan last year, according to the bureau.