It was learnt from the three-quarter economic situation analysis conference of Yichang City that from January to September, the GDP, industrial added value, fixed asset investment, and total retail sales of consumer goods have increased by 7.1%, 7.4%, 9.8% and 8.8% year-on-year respectively, which exceed the average of Hubei Province by 1.1%, 1.8%, 4.3%, and 0.3% respectively, all indicating a solider foundation of recovery and a more definite trend of development of Yichang economy. The growth of the GDP accelerates steadily quarter by quarter, ranking second in Hubei Province during the first three quarters, and the growth of fixed-asset investment, total retail sales of consumer goods, and fiscal general public budget keep ranking front in Hubei.

　　The fixed asset investment growth rate ranks first in Hubei Province. Due to the great efforts to promote the introduction, cultivation and operation of projects, the investment in infrastructure, industry, and manufacturing of Yichang grew by 15.7%, 15.6%, and 14.5% year-on-year respectively, and the numbers of the newly-registered and previously-registered projects worth over 100 million yuan both rank second in the province. The newly-signed projects worth over 100 million yuan amounted to 849, including 12 ones worth over 10 billion yuan. A total of 24 projects worth over 10 billion yuan have been initiated, and several enterprises went into production successively, such as Cornex New Energy Co., Ltd (Phrase I) and Sunwoda Dongfeng Electronic Co., Ltd (Phrase I). Both of its capacity utilization rate and investment plan completion rate of provincial and municipal key projects have exceeded the scheduled progress, and the pilot integrated performance evaluation of invested projects has received well recognition by the provincial departments in charge.

　　Yichang’s total retail sales of consumer goods rank third in Hubei in both total volume and growth rate. It has introduced a series of incentive subsidies for the service industry as well as policies to promote the recovery and growth of consumption and accelerate the development of catering industry. Besides, a variety of promotional activities have been launched in Yichang with every effort to boost consumption, and the release of more than 87 million yuan of consumption vouchers led to actual consumption of more than 640 million yuan. During the first three quarters, 1926 cars were sold in Yichang, with total sales of 154 million yuan, in which the sales of new energy vehicles increased by approaching 60%. In addition, Yichang achieved an increase of 460 commercial and trade enterprises above the levels of scale, ranking first in the province, and the sales of above-level catering enterprises increased by 33.7%.

　　The industrial economy of Yichang City kept a good momentum of steady growth in the first three quarters. The growth rate of Yidu County, Zhijiang County and Yichang High-Tech Zone maintained over 10% for three consecutive months. The growth rate of Yuan’an County and Xingshan County rebounded to 11.3% and 10.2% respectively. Xiling District saw the prevailing potential of the urban industrial economy.

　　The first three quarters met the good-quality financial and taxation revenue of Yichang City. Exactly, its general public budget has kept increasing by over 20% for five months, and the local taxation revenue growth has averaged over 25% for half a year, rising by 1.5% year on year. The vitality of Yichang market is showed by the growth of its taxpaying market entities to 298,000, rising by 18.3% and the increase of the number of invoicing enterprises and the billing amount grew by 15.3% and 9% year on year, both ranking first in Hubei Province. The volumes of freight turnover, port handling capacity and container throughput have also increased by 19.8%, 17.5% and 24.2% year on year respectively. The rapid industrial upgrading has led to an increase of the added value of high-tech industry, which rose by 12% year on year and 5% higher than the provincial average and the added value of high-tech manufacturing industry by 14.5%, 7.1% higher than the same sort of rate of industries above the designated size. (Reporter/Gao Wei)