Beijing's Central Business District in Sept. 2014. (Photo : Reuters)
Thursday's joint announcement from the Beijing Statistics Bureau and the National Bureau of Statistics Beijing survey office presented the gross domestic product (GDP) data for Beijing for 2014.
According to the capital city's officials, Beijing's GDP rose to a height of 2.133 trillion yuan ($343.38 billion) in 2014, while the per capita GDP was 99,995 yuan.
The new overall GDP figure represents an increase of 7.3 percent from 2013, and the report breaks down the data according to the city's different types of industries.
The primary industry was registered at 15.9 billion yuan, a drop of 0.1 percent year-on-year; secondary industries measured 454.55 billion yuan, an increase of 6.9 percent; and 1662.63 billion yuan was documented for Beijing's tertiary industry, which was up by 7.5 percent.
The GDP of the tertiary industry formed 77.9 percent of the city's total GDP in 2014, a proportion that is up by 2 percentage points when viewed in comparison to 2008. Within the tertiary realm, the most rapid expansion was observed in finance, information and software, scientific research, and the service sector. However, the added value of the property industry dropped by 2.2 percent on a yearly basis.
In terms of growth, the bureaus indicated that nearly three quarters of the total growth in the city's manufacturing industry over the year was seen in the following sectors: communication and electronic equipment, automobiles and pharmaceuticals.
At a time when China's GDP growth for the last year was the slowest since 1990, both income and population increased in Beijing over the course of 2014.
Urban residents in Beijing experienced a rise in their per capita disposable income, worth 43,910 yuan, while the population of permanent residents grew by 1.7 percent from the end of 2013.
