Quzhou sees generally smooth economic performance from January to November
The city of Quzhou – in East China's Zhejiang province – experienced a generally smooth economic performance in the period from January to November, according to data released by its municipal statistics bureau.
During the 11 months, the industrial added value of the electrical machinery and equipment manufacturing sector surged by 62.5 percent year-on-year and the non-ferrous metal smelting and rolling processing industry grew by 24.5 percent.
Fixed asset investment across the city rose by 6.6 percent year-on-year from January to November.
During the period, total retail sales of consumer goods in Quzhou hit 91.63 billion yuan ($12.55 billion), a year-on-year increase of 5.3 percent. Online retail sales remained robust, too.
From January to November, the city's general public budget revenue amounted to 19.92 billion yuan, a year-on-year increase of 2.2 percent, while general public budget expenditure reached 54.16 billion yuan, up by 4 percent.
During the period, the consumer price index for Quzhou rose by 0.3 percent year-on-year. In November, the CPI decreased by 0.1 percent year-on-year and fell by 0.8 percent month-on-month.