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Xicheng District People's Government of Beijing Municipality

Annual Economic Report

Preliminary statistics show that in 2020 the regional GDP of Xicheng District has topped 506.11 billion yuan with a year-on-year decrease of 1.1 percent. The added value of the secondary industry has reached 25.28 billion yuan while the tertiary industry 480.82 billion yuan. By the end of 2020, the number of all kinds of units in Xicheng District has reached 58001, among which legal entities has reached 42322 and industrial establishments 15679. Besides, there are 13068 individual industrial and commercial households.

According to the preliminary statistics from the financial sector, budget revenue of public finance of 2020 has reached 41.38 billion yuan with a year-on-year decrease of 4.0 percent. 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 34.07 billion yuan, down 13.3 percent year on year, which accounts for 82.3% of the budget revenue of public finance of 2020. To be more detailed, the Business Tax reached 15.28 billion yuan, the Added Value Tax 11.42 billion yuan, the Property Tax 4.01 billion yuan, the Tax on City Maintenance and Construction 2.47 billion yuan, and Stamp Tax 0.89 billion yuan. Budget expenditure of public finance of 2020 has reached 41.80 billion yuan with a year-on-year decrease of 2.3 percent. To be more detailed, expenditure of urban and rural community affairs has reached 10.6 billion yuan, social security and employment service 8.29 billion yuan, the education expenditure 7.34 billion yuan, and medical service and public health 3.6 billion yuan.

At the end of 2020, the urban registered unemployment rate of Xicheng District was 0.94% with an increase of 0.08 percentage point compared to the previous year. The reemployment rate of registered unemployed workers was 65.57% with an increase of 0.06 percentage point compared to the previous year. The employment rate of people with difficulties in finding jobs was 74.68% with an increase of 5.06 percentage point compared to the previous year.

Total retail sales of consumer goods have reached 99.35 billion yuan, seeing a 9.3 percent fall year on year. Commercial enterprises above designated size in Xicheng District have accomplished online retail sales of 33.19 billion yuan, up 34.3 percent year on year, accounting for 33.4% of the total retail sales. Grouped by sectors, retail sales in retail trade have topped 78.38 billion yuan, wholesale trade 11.07 billion yuan, catering trade 9 billion yuan, and accommodation trade 0.9 billion yuan.


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