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Chongqing's GDP in the First Quarter Achieved RMB 498.7 Billion, A Year-on-Year Decrease of 6.5%

Chongqing’s GDP in the First Quarter Achieved RMB 498.7 Billion, A Year-on-Year Decrease of 6.5%

Chongqing- On April 21, the press conference on the 2020 first quarter's economy of Chongqing was held. According to the unified accounting results of Chongqing GDP, in the first quarter, the city achieved a regional GDP of RMB 498.766 billion, a year-on-year decrease of 6.5%. Among them, the added value of the first industry was RMB 28.737 billion, down 1.6% year-on-year; the added value of the second industry was RMB 172.769 billion, down by 11.0%.

In general, in the first quarter, there was a great impact of COVID-19 on the economic and social development of Chongqing. However, the impact of the epidemic was short-term and generally controllable. At present, the epidemic prevention and control situation in the city continues to improve, the order of production and life is restored in an orderly manner, and the trend of economic stability and improvement has not changed.

For the next step, Chongqing will make every effort to advance the city's epidemic prevention and control and economic and social development, conscientiously implement the normalization of epidemic prevention and control measures, and accelerate the full restoration of normal production and living order.


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