Tianjin's GDP totaled 340.4 billion yuan in the first quarter of 2021, up 15.9% year on year, announced the Tianjin Municipal Statistics Bureau.
The value-added output of major industrial enterprises in Tianjin increased by 30.3% during the same period, with an average growth rate of 4.6% over two years.
High-end industries led the development, and the production of high-tech products increased. Statistics show that in the first quarter, the value added to the city's high-tech industries and strategic emerging industries increased by 38.4% and 42%, respectively, with a two-year average growth rate of 9% and 9.6%, respectively.
Meanwhile, the city's domestic demand picked up while external demand continued to stabilize.
In the first quarter, the city's fixed-asset investment maintained steady growth, with an increase of 24.1% year-on-year and an average growth rate of 2.8% over two years.
The city's per capita disposable income grew in line with its GDP during the same period, reaching 13,348 yuan, up 10.5% year on year.