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Huaqiao added-value services on an upward trend
2009-06-09

From January to April, Huaqiao Economic Development Zone realized 1.011 billion yuan of the services added value, up 29.0% over the same period of last year.

The added value of services contributed 52.5% of GDP, an increase of about 5.2 percentage points compared to the same period as of last year.

The development of the leading service enterprises is also in a good shape, such as the Ocean data and the Green Villa.

Data for April 2009 shows, the development of the service industry improved a lot compared with the first quarter, mainly reflected in:

Service added value growth in every single month. From January to March an average of 191 million yuan a month, then in April the added value reached 438 million yuan, 129.4%. The monthly added value of Green Villa increased fastest, and achieved nearly 200 million yuan.

Next, investment within the services sector continued to increase. From January to April, the total investment on services sector was 1.867 billion yuan, increased by 64.6% over the previous year, and 7 percentages more than the first quarter. It is about 93.2% of the fixed assets investment, and there was a 3.4 percentage point’s improvement compared with first quarter. Promoted by the fast economic growth, the financial revenues continue to maintain a high growth rate.

Finally, the registered capital in the services sector had a gradual pick-up. During the first four months this year, 120 million U.S. dollars of foreign capital registered in the service sector, which was increased by 10.3% over the first quarter. Between January and April, 655 million yuan was registered in the service sector, an increase of 92.4%, and in excess of 27.1% compared with the first quarter.

 
 
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