Hefei: GDP grew 6.5% year-on-year in the first three quarters.

date
29/10/2026
On October 29, the Hefei Municipal People's Government released the economic performance of Hefei for the first three quarters of 2026. According to the results of unified regional GDP accounting, in the first three quarters, the city's regional GDP was 1,118 billion yuan, up 6.5% year on year at constant prices. By industry, the value added of the primary industry was 17.99 billion yuan, up 2.2%; the value added of the secondary industry was 420.22 billion yuan, up 10.4%; and the value added of the tertiary industry was 679.79 billion yuan, up 4.4%.
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Geely Automobile announced on the Hong Kong Stock Exchange that in the third quarter of 2026, the Group continued to maintain solid operating performance, recording total sales of 812,523 units, a year-on-year increase of 7%. Driven by the substantial growth in export sales and the increased share of high-value product sales, the Group's revenue for the period increased by 10% year on year, with revenue growth outpacing sales growth, indicating that both the product mix and average selling price improved. In the third quarter of 2026, profit attributable to owners of the parent was RMB 4.84 billion: RMB 3.79 billion), a year-on-year increase of 28%. To facilitate assessment of the Group's core operating performance, in the third quarter of 2026, core profit attributable to owners of the parent was RMB 5.21 billion: RMB 3.94 billion), a year-on-year increase of 32%. For the nine months ended September 30, 2026, core profit attributable to owners of the parent was RMB 14.90 billion: RMB 10.56 billion), a year-on-year increase of 41%; while profit attributable to owners of the parent was RMB 13.93 billion: RMB 13.05 billion), a year-on-year increase of 7%. The growth rate of core profit was higher than that of profit attributable to owners of the parent, mainly because the Group recorded a net foreign exchange loss during the period, compared with a net foreign exchange gain in the same period last year. The growth rate of core profit was also higher than revenue growth, reflecting the continuous improvement in the Group's overall operating performance.
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