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The economic of YiWu

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The economic of YiWu

Yesterday, Yiwu city’s Municipal Bureau of Statistics announced the economic date of Yiwu from January to April. The date show that the last four month economic as a whole showed in a steady growth, including industrial producing fast, good benefit of economic , market activities showing dynamics, and price rate to fall over 1.5% in surround March.

Since summer, Yiwu city’s extile enterprises, handiwork enterprises to enter the peak period; In addition, accessories, ladies bags, fragrances are in a boom season, Christmas goods for export and domestic have been started. China Commodity City were active form January to April, turnover reached 11.55 billion yuan, an increase of 8.4%. Active market transactions led the growth of the industrial economy, the first 4 months the city scale industrial enterprises realized total output value of 15.51billion yuan, up 20.4%; achieved industrial added value of 1.37 billion, an increase of 10.2%; industrial sales output value 15.26 billion yuan, an increase of 23.6%.

Statistics show that, due to the impact of national policies for deposits and loans, deposits have a rapid growth in the last four month, loan growth tends to fall. in the end of April the city's financial institution deposit is 168.85 billion yuan, increasing 18.77 billion yuan, the loan is 113.93 billion yuan, increasing 7.74 billion yuan than the beginning of the year. Deposits and loans were up 21.9% and 18.4% , of which money growth rate down 4.9% points than last year. Culture fair, Consumer fairl, Hardware show, and other major success show pulling the city’s accommodation, food and beverage and other consumer market. Form January to April City's total retail sales of social consumer goods reach 10.67 billion yuan, an increase of 16.5%. Wholesale trade, retail trade, accommodation, catering retail sales of goods are on the rise.

The economic of YiWu Price increase is still more obvious in April, cost of living price index (CPI) rose 10.1%, the chain fell 1.5% in March. Retail price index rose 10.9%; the agricultural production rose 8.5%; prices of services rose 3.3%.


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