Dapeng New District's gross domestic product posted a year-on-year growth rate of 2.7 percent for the first three quarters this year, up 0.7 percentage points over the first half of 2020 and 8.9 percentage points compared with the first quarter, official statistics show.

A computer-generated image of Dapeng Xiasha Coastal Eco-tourism Resort Overall Development Project. Photos from idapeng.sznews.com.

This year, Dapeng has unveiled a package of favorable policies to support enterprises and 40 measures to ensure a stable economic growth. To date, the New District has granted an accumulative number of 219 million yuan for pandemic prevention and control and for companies to tide over difficulties amid the pandemic outbreak.

In the first three quarters, the industrial output value above the designated size was 34.799 billion yuan, an increase of 0.1%, and the growth rate was 4.3 percentage points higher than that of the first half of the year, and 13 percentage points higher than the first quarter; the industrial added value above the designated size was 13.71 billion yuan, an increase of 2.5%. The growth rate increased by 0.2 percentage points from the first half and 10.2 percentage points from the first quarter. Among the assessed categories, the manufacturing industry achieved positive growth. The manufacturing industry has continued its positive growth momentum since August. In the first three quarters, the added value of the manufacturing industry has increased by 3.6%, which is an increase of 13.5 percentage points from the first half and 28.9 percentage points from the first quarter.

A computer-generated image of Baguang Cultural and Sports Center.

Investments in fixed assets in Q3 were 7.871 billion yuan and increased by 31.3 percent year on year, 19.9 percentage points of growth rate higher than that of the city’s level.

The New District has achieved a record 6.618 billion yuan of investment in major projects during the third quarter of 2020, with a growth rate of 54.9 percent and a completion rate of 82.7 percent, 7.7 percentage faster ahead of the scheduled date and up by 27.9 percent over the same period last year.

The tourism industry is also on a fast track to recovery. Driven by events such as the Shenzhen Food Festival, the second “Pengcheng August Happy Shopping Festival” and theDapeng Shopping Festival, consumption in the New District rebounded rapidly and received 7.28 million tourist trips with a tourism income of 3.546 billion yuan.

A computer-generated image of an affordable housing project in Kuichong.

The investment in real estate development in the New District was 3.4 billion yuan, an increase of 92.9%. A total of 84,300-square-meter commercial residential buildings in the New District were sold, a rapid increase of 134.7%. The current price growth rate of the total output value of the construction industry reached 42.7%, an increase of 31.7 percentage points from the first half of the year, and a substantial increase of 107.8 percentage points from the first quarter, showing a rapid growth trend.

The general public budget revenues of the New District was 1.635 billion yuan, 70.2% of the budget set at the beginning of the year. Among them, tax revenue was 1.507 billion yuan, an increase of 0.7%, an increase of 5.7 and 34.7 percentage points from the first half and the first quarter, respectively. For the first time the New District achieved asingle-month growth of 4%and a quarterly growth of 0.7%. The general public budget expenditure of the New District was 5.105 billion yuan, accounting for 83% of the budget set at the beginning of the year and 75.1% of the comprehensive budget.