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Hangzhou economy shows resilience, recovery in Jan-Sept period

www.ehangzhou.gov.cn| Updated: November 3, 2022 L M S

Hangzhou's exports maintained a relatively high growth rate of 19.3 percent, 0.11 percentage points higher than the same period last year. The structure also continued to optimize and the growth rate of high-tech product exports was 15.8 percentage points higher than the overall export growth rate over the same period.

The per capita disposable income of Hangzhou residents was 56,070 yuan, a nominal growth of 4.1 percent, 0.2 percentage point higher than in the first half of the year.

Expenditures in Hangzhou's general public budget were 187 billion yuan, an increase of 12.7 percent, of which expenditures on energy conservation and environmental protection and healthcare increased by 41.3 percent and 41.8 percent, respectively.

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A bird's-eye view of Hangzhou in East China's Zhejiang province. [Photo provided to ehangzhou.gov.cn]

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