Last week the Kunming Municipal Bureau of Statistics released its
initial 2007 economic statistics for the city.
Here are some of the more noteworthy numbers:
• Gross domestic product (GDP) for Kunming during 2007 totaled 139.3 billion yuan – more than US$19.3 billion – an increase of 12.5 percent over the city's GDP in 2006.
• Consumer prices rose significantly, with the city's consumer price index (CPI) – a measure of price change among a basket of several common consumer goods – rising 5.8 percent over the year.
• Food prices exhibited the sharpest price increase, jumping an average of 13.9 percent from January to December.
• Fixed asset investment in Kunming last year totaled 81.8 billion yuan, an increase of 25% over 2006.
• Investment in the city's booming real estate sector reached nearly 22.2 billion yuan, a year-on-year increase of 21.1 percent.
• Retail sales in Kunming were up 17.6 percent in 2007, swelling to 56.9 billion yuan.
• Per capita disposable income within Kunming's urban areas grew to 12,083 yuan, up 6.1 percent over 2006.
• Kunming's rural net income was up 7.1 percent, with the average farmer outside of the city earning 4,003 yuan last year.
• Tourist visits to Kunming increased by 12 percent, with more than 25 million visits to the city in 2007.
• Kunming's total revenue from tourism in 2007 was 16.8 billion yuan, an increase of 8.0 percent over 2006.
• Domestic tourist visits to Kunming grew 12.4 percent last year, totaling 24.3 million visits.
• Kunming recorded 713,400 visits by foreign travelers, up only 0.8 percent over 2006.
Related articles:
China releases 2007 economic data:GDP up 11.4%
Yunnan food prices increasing
Kunming economy racks up strong first half growth