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Lanzhou economy runs smoothly during first three quarters

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During the first three quarters of this year, the economy in Lanzhou City ran smoothly, according to Lanzhou Municipal Bureau of Statistics on November 1.

The GDP in Lanzhou reached 179.86 billion yuan during the same period, up by 5.8 percent year on year. The added value of the primary, secondary and tertiary industries totaled 5.7 billion, 63.57 billion and 110.59 billion yuan respectively, up by 5.3 percent, 2.8 percent and 7.6 percent respectively.

During the same period, the fixed asset investment in Lanzhou totaled 99.33 billion yuan, decreasing by 20.56 percent year on year. The total retail sales of consumer goods reached 95.73 billion yuan, up by 8.5 percent year on year.

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