The Tianjin Statistics Bureau released the city's economic performance for the first half of the year on July 16. The gross value of production in the city reached 788.4 billion CNY ,increasing 9.4 percent since last year and 0.1 percent from the first quarter.

 

The added value of the primary industry reached 8.9 billion CNY,an increase of two percent. Secondary industry added 372.4 billion CNY an increase of 9.4 percent, and tertiary industry 407.1 billion CNY ,  increasing 9.6 percent.

 

Fiscal revenue is increasing steadily. The income of general public budget reached 135.3 billion CNY and increased 11.6 percent in the first half of 2015. Tax revenue reached 84.2 billion CNY increasing 5.6 percent, accounting for 62.3 percent of the public budget revenue.

 

Revenue from operational taxes reached 27.6 billion CNY, increasing 13.8 percent and corporate income taxations increase 5 percent to 14 billion CNY.

 

Corporate benefits stayed positive, and the reduction of interest, taxation, and fees reduced corporate burdens.

 

From January to May, the total amount of industrial taxation increased 10.1 percent, the first time for the city realized two digit growth in 2015. The service industries' profits increased 18.4 percent. Leasing services grew 43.5 percent and software services 41 percent.

 

Green development has produced results, with industrial energy consumption falling 2.7 percent. Energy consumption for every 10,000 CNY of industrial added value fell 11.1 percent. Both rates rose 1.3 percent from the first quarter.

 

Industrial consumption of coals fell 1.69 million tons from last year. Natural gas took up 7.8 percent of the primary energy consumption, improving 2.1 percent from last year. 

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