Xi'an, the capital city of Shaanxi Province, one of the strongest economic cities in the northwest region, the regional gross domestic product (GDP) finally broke through the trillion yuan mark in 2020, the comprehensive economic strength continued to improve, temporarily becoming the only trillion GDP city in the northwest, and at the same time, it means that the economic volume and scale are further expanded, and the economic strength is on a new level, and its importance is self-evident. Of course, from the perspective of history and culture, Xi'an has had more than ten dynasties built their capital here in history, which shows that the city has a high position in terms of geographical location, strategic position and other aspects, and its influence is even more important, especially in the northern region of the mainland, Xi'an is an ancient city that cannot be bypassed.
Returning to the truth, in terms of macroeconomic operation, although the epidemic has brought a certain impact on Xi'an's economic development in 2021, the fundamentals of economic stability and long-term improvement have not changed, because the broad masses of the people are united in their will and tenacious struggle to promote the continuous improvement of the anti-epidemic situation and the overall situation of economic and social development is basically stable. Specifically, Xi'an achieved GDP of about 1,068.8 billion yuan in 2021, with detailed data of 1,068.828 billion yuan, an increase of 4.1% year-on-year, a growth rate of 2.4 percentage points lower than the provincial average (6.5%), and did not beat the national average, but the nominal GDP increase exceeded 66 billion yuan compared with the previous year, the industrial transformation and upgrading was deepened, the economy continued to recover steadily, the main economic indicators were completed well, and a number of indicators ran in a reasonable range, boosting the city's economic development to achieve the expected goals. In other words, the city's economy in 2021 will be further advanced on the basis of the previous year, and its economic strength will continue to improve, while laying a better foundation for future development.
In terms of different industries, last year, the added value of the primary industry in Xi'an was 30.882 billion yuan, an increase of 6.1% year-on-year; the added value of the secondary industry was 358.520 billion yuan, an increase of 0.9% year-on-year; and the added value of the tertiary industry was 679.426 billion yuan, an increase of 5.7% year-on-year. The proportion of the tertiary industrial structure was adjusted to 2.9:33.5:63.6, and the economic structure continued to be adjusted and optimized. Among them, the secondary industry dominated by industries above designated size and construction industry has achieved steady growth, which is closely related to the sustainable development of industrial production, and the added value of the secondary industry has increased by 0.3 percentage points compared with 2020. In addition, the added value of the tertiary industry, which is mainly based on fixed asset investment, retail sales of social consumer goods, foreign import and export, service industry, finance and finance, etc., has grown faster than that of the secondary industry. Taking the service industry as an example, the overall situation has continued to recover, and the operating income has shown steady growth, which has boosted the sustained recovery of the city's tertiary industry and is still the main engine for the steady recovery of the city's economy.
Among the main economic indicators, the city's agricultural economy is stable and improving; industrial production continues to develop, and the added value of industries above designated size increased by 5.7% over the previous year. Investment demand has weakened, market consumption showed a slight increase, and the total retail sales of consumer goods in the whole society reached 496.342 billion yuan, an increase of 0.8% year-on-year. In addition, foreign trade is running in a reasonable range, manifested as active development, moderate increase in consumer prices, and stable operation of financial markets.
In summary, Shaanxi Xi'an achieved GDP of about 1,068.8 billion yuan in 2021, an actual increase of 4.1%, although the epidemic has had a certain impact on economic and social development, but the economic stability in the good, long-term good fundamentals have not changed, the industrial structure continues to optimize, the economy continues to recover steadily, people's livelihood security continues to strengthen, a number of economic indicators perform better, driving the city's economic strength to rise steadily, the total economic volume in the province is still firmly at the top of the list.