Jilin's GDP growth rate ranks 4th nationwide in H1

Updated: August 2, 2023

Economic data for the first half of the year in Northeast China's Jilin province was recently released. From January to June, the province achieved a 7.7-percent year-on-year increase in GDP, 2.2 percentage points higher than the national average.

Among the 30 provinces in China that have already released data, Jilin ranked fourth.

The growth rate of Jilin's primary industry ranks 6th nationwide, secondary industry ranks 13th, and tertiary industry ranks 2nd.

Jilin's economic growth rate is among the highest in China, with construction and manufacturing investment playing a crucial role.

In the first half of the year, China's First Automotive Works (FAW) achieved year-on-year increases of 10 percent in production and 12.9 percent in sales of complete vehicles, surpassing the national average by 0.7 and 3.1 percentage points, respectively.

The production and sales of new energy vehicles saw year-on-year increases of 121.4 percent and 177.6 percent, respectively.

The CRRC Changchun Railway Vehicles Co launched the intelligent CRH high-speed train for the Asian Games, and its delivery volume increased 214 percent compared to the previous year.

In the first half of the year, a total of 1,922 projects – each with an investment of over 50 million yuan – were implemented in the province, representing a year-on-year increase of 8.7 percent in investment.

Major projects such as the Audi-FAW new energy vehicle project, CNPC Jilin Petrochemical Co 1.2-million-metric-ton ethylene project, CRRC Changchun Railway Vehicles Co's new energy equipment manufacturing industrial park project, BYD's new energy power battery project, and Jilin Linglong Tire's tire production project are currently under construction.

To maintain its high economic growth rate, Jilin will support the stable operation of the automotive industry, increase the production of complete vehicles, and release production capacity in the auto parts sector.

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