Jinhua's economy showed strong growth in the first half of 2024, with its gross domestic product reaching 294.65 billion yuan ($40.5 billion), a 6.4-percent increase year-on-year.
The output value of the agriculture, forestry, animal husbandry, and fishery industries was 12.14 billion yuan, up 4.3 percent.
The industrial sector performed well, with the added value of industries above designated size totaling 62.4 billion yuan, a 9.3-percent increase. A total of 25 industries showed positive growth during this period.
Fixed asset investment grew by 15.1 percent, driven by significant investments in manufacturing, environmental protection, transportation, energy, and water conservancy.
The city's foreign trade flourished, with total imports and exports reaching 423.6 billion yuan, a 14.7-percent increase. Exports expanded 18.8 percent to 376.01 billion yuan, contributing significantly to the province's export growth. From January to June, China-Europe freight trains operated 1,436 trips, transporting 118,000 twenty-foot equivalent units, an uptick of 4.9 percent.
The service sector remained strong, with express delivery volume reaching 8.04 billion items, maintaining the national lead. Retail sales of high-quality goods, such as smartphones and wearable devices, saw rapid growth, surging 154.7 percent and 109.2 percent, respectively. The number of registered market entities in the city also grew by 11.5 percent, indicating a solid foundation for future development.
