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Dandong economy revives
By Liu Shuhan ( chinadaily.com.cn )
Updated: 2012-10-29

The Dandong statistics bureau released an economic condition report of the first three quarters on Oct 25, showing that major economic indicators realized two-digit growth, Dandong Daily reported.

Among the 13 economic indicators announced, 10 indicators saw higher growth than the provincial average.

The growth of seven indicators rank top 5 in Liaoning province, including the total regional output, industrial added value, fixed investment, foreign investment in actual use, residents' disposable income, industrial electricity consumption, and loans of renminbi and foreign currencies in financial institutions.

During the period, the total regional output reached up to 70.4 billion yuan ($11.26 billion). Agriculture, industry, construction and the service industry realized sustained growth.

The city's agriculture welcomed its second bumper year with an added value of 7.1 billion yuan in agriculture, forestry, husbandry and fishing.

Fixed asset investments continued to increase and hit 62.47 billion yuan, a year-on-year increase of 27.2 percent, 0.3 percent higher than the provincial average.

Dandong urban per capita disposable income totaled 14,742 yuan, an increase of 15.9 percent compared from the earlier year, ranking third in the province.

For rural residents, this figure was 11,206, a rise of roughly 20.6 percent year-on-year.

Edited by Zhao Qian and Michael Thai

 
 
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