In the first quarter this year, despite the hazardous economic situation home and abroad and natural disasters, the overall economic situation in Ningbo maintains stable and the social undertakings are going steadily. In the period, the GDP of the city increases by 12% over the same period of the previous year, with a drop of 2.2 points over the same period of last year.
According to Ningbo Statistic Bureau, the first industry, the second industry and the third industry increase by 1.7%、12.0%、12.9% respectively. The gross industrial output value of the city amounts to 229.9 billion yuan, increased by 21.3% over the same period of previous year, with a drop of 5 points over the same period of last year. In the first quarter of this year, the income in the general budget reaches 23.64 billion yuan, increased by 24.8% over the same period of previous year, of which, the local finance income reaches 12.75 billion yuan, increasing by 33.8%.