Jilin economy gains steady momentum in Q1

Northeast China's Jilin province recorded steady economic growth in the first quarter of this year, with its GDP reaching 334.74 billion yuan ($50.21 billion), up 4.5 percent year-on-year. The service sector remained the main growth driver, contributing over 70 percent to overall expansion, while agriculture and industry also posted stable gains.

The added value of the primary industry rose by 3.8 percent, the secondary industry increased by 3.7 percent, and the tertiary industry grew by 4.8 percent, accounting for 5.1 percent, 29.2 percent, and 65.7 percent of GDP, respectively.

The tertiary industry reached 220.05 billion yuan, boosted by the rapid development of the ice and snow economy and cultural tourism, while retail and hospitality sectors also outpaced national averages, reflecting a recovery in consumption and services.

Consumer spending remained resilient, with total retail sales reaching 113.53 billion yuan, up 4.3 percent year-on-year. Meanwhile, fixed-asset investment surged 11.9 percent, significantly higher than the national level, driven by robust growth in infrastructure, high-tech industries, and major projects.

With balanced progress across sectors and strong momentum in investment and consumption, Jilin's economy continues to show resilience and potential for sustained growth.