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Agricultural Development Bank of China
Economy

China's Hunan posts 11.7 pct increase in GDP

July 19, 2021


Abstract : The gross domestic product (GDP) of central China's Hunan Province totaled nearly 2.17 trillion yuan (about 334.8 billion U.S. dollars) in the first half of this year, a year-on-year increase of 11.7 percent, local authorities said Monday.

Aerial photo taken on May 22, 2021 shows cargo containers at Changsha north railway station in Changsha, central China's Hunan Province. (Xinhua/Chen Sihan)

CHANGSHA, July 19 (Xinhua) -- The gross domestic product (GDP) of central China's Hunan Province totaled nearly 2.17 trillion yuan (about 334.8 billion U.S. dollars) in the first half of this year, a year-on-year increase of 11.7 percent, local authorities said Monday.

Due to the impact of the COVID-19 epidemic, the province's GDP saw a modest increase of 1.3 percent year on year in the first half of 2020.

However, thanks to its rapid economic recovery, Hunan's average GDP growth for the same period of the past two years reached 6.4 percent, said the provincial bureau of statistics.

In 2021, Hunan aims to achieve GDP growth of more than 7 percent, according to the provincial government work report delivered at the annual session of the provincial people's congress held in January. Enditem

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