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Beijing Xicheng District People's Government

Annual Economic Report

Preliminary statistics shows that in 2019 the regional GDP of Xicheng District has topped 500.73 billion yuan with a year-on-year increase of 6.1%. The added value of the secondary industry has reached 27.88 billion yuan while the tertiary industry 472.85 billion yuan. By the end of 2019, the number of all kinds of units in Xicheng District has reached 57034, among which legal entities has reached 44524 and industrial establishments 12510. Besides, there are 13359 individual industrial and commercial households. 

According to the preliminary statistics from the financial sector, budget revenue of public finance of 2019 has reached 43.11 billion yuan with a year-on-year increase of 0.1%. Five main types of tax including the Added Value Tax, Business Tax, Property Tax, the Tax on City Maintenance and Construction, and Stamp Tax have altogether reached 39.31 billion yuan, up 1.5 percent year on year, which accounts for 91.2% of the budget revenue of public finance of 2019. To be more detailed, the Business Tax reached 15.17 billion yuan, the Added Value Tax 14.81 billion yuan, the Property Tax 4.70 billion yuan, the Tax on City Maintenance and Construction 3.19 billion yuan, and Stamp Tax 1.44 billion yuan. Budget expenditure of public finance of 2019 has reached 42.78 billion yuan with a year-on-year decrease of 0.4 percent. To be more detailed, expenditure of urban and rural community affairs has reached 13.92 billion yuan, social security and employment service 6.75 billion yuan, the education expenditure 6.87 billion yuan, and medical service and public health 3.30 billion yuan.

In the end of 2019, the urban registered unemployment rate of Xicheng District was 0.86% with a decrease of 0.01 percentage point compared to the previous year. The reemployment rate of registered unemployed workers was 65.51% with an increase of 2.30 percentage point compared to the previous year. The employment rate of people with difficulties in finding jobs was 69.62% with an increase of 3.66 percentage point compared to the previous year.

Total retail sales of consumer goods have reached 108.51 billion yuan, seeing a 4.0 percent rise year on year. Commercial enterprises above designated size in Xicheng District have accomplished online retail sales of 37.78 billion yuan, up 6.9 percent year on year, accounting for 34.8% of the total retail sales. Grouped by sectors, retail sales in retail trade have topped 92.00 billion yuan, wholesale trade 5.65 billion yuan, catering trade 8.92 billion yuan, and accommodation trade 1.94 billion yuan.


Sponsored by Xicheng District People’s Government of Beijing Municipality

Undertaken by Xicheng District Media Convergence Center

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