Island Province Hainan Witnesses Rapid Growth in GDPThe latest statistics show that the island province of Hainan in south China registered a gross domestic product (GDP) of 25.69 billion yuan (3.09 billion U.S. dollars) in the first half of the year, up 9.1 percent from last year's same period.The province's GDP growth rate has been higher than the national average for three consecutive years. Hainan, the biggest special economic zone of China, witnessed a 46.2 percent increase in fixed-asset investment in the first six months this year compared with the same months of 2000. The agricultural sector contributed 44.6 percent to the economic growth and four percentage points of the GDP of the province, respectively, in the first half of the year. Compared with last year, the province's aquatic output rose by 27 percent and the fishery has become a new growth sector of the province's economy. The composite index of the province's industrial economic efficiency was 107.98 points for the January-May period this year, breaking the 100 points for the first time in recent seven years. According to a survey on the province's 250 enterprises, the index of enterprise confidence was 117.72 points and the index of enterprise performance was 112.2 points for the first half of the year, respectively 8.91 and 7.58 points higher than last year. |
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