The gross domestic product (GDP) of Futian District reached 256.53 billion yuan (US＄38.03 billion) in the first half of 2022, with a year-on-year increase of 4.2%, according to data released by the Futian District Statistics Bureau on July 28.

According to the notice, the added value of the primary industry of the district increased by 16.3% year-on-year to 80 million yuan in the first half of the year, the added value of the secondary industry grew by 3.2% year-on-year to 19.43 billion yuan, and the added value of the tertiary industry increased by 4.3% year-on-year to 237.02 billion yuan.

In the first half of the year, the added value of industrial enterprises above designated size grew by 9.8%. In terms of the wholesale and retail sectors, the sales volume of the wholesale sector decreased by 0.7% to 683.09 billion yuan, while the sales volume of the retail sector grew by 12% to 103.56 billion yuan.

In terms of the accommodation and catering industries of the district, the accommodation industry witnessed a drop of 17.5% in its turnover to 1.46 billion yuan and the catering industry saw a decrease of 5% in its turnover to 9.94 billion yuan.

In the commercial service industry, enterprises above designated size in the district had a revenue of 57.71 billion yuan from January to May, with an increase of 2.2%. Among the enterprises, those from the Internet and related sectors witnessed a turnover of 6.28 billion yuan, rising by 22.8%. The software and information technology service industry had a revenue of 19.37 billion yuan, up by 13.2%. The rental and business service sector saw a 12.4% decrease in its revenue to 18.04 billion yuan. The science research and tech service sector saw an increase of 2.9% in its revenue to 9.82 billion yuan.

In addition, the total sales volume of social consumer goods of Futian reached 106 billion yuan, accounting for 23.6% of Shenzhen’s sales volume. The fixed asset investment grew by 30%, with the investment on property development down by 9.8% and non-property investment up by 56.6%.