Li Hao

    SHENZHEN’S GDP exceeded 1.15 trillion yuan (US$182 billion) last year, breaking the 1-trillion-yuan mark for the first time and seeing a 10 percent increase over the previous year, the statistics bureau said Thursday.

    The stable growth has enabled the city to maintain its fourth place in the country in terms of economic size.

    The proportion of tertiary industries jumped from 52.7 percent in 2010 to 53.5 percent.

    Meanwhile, the city’s economy was boosted by the four pillar industries of finance, logistics, culture and high technology. The fast development was achieved by the city’s emerging industries of strategic importance.

    The added value of the Internet industry grew by 18.9 percent to 138 billion yuan last year.

    However, foreign-invested enterprises, as well as those invested by Hong Kong, Macao and Taiwan, saw a slower growth from the second half of the year due to a decline in outside demand, according to the bureau.

    Thanks to the Universiade, the city’s investments on fixed assets increased to 213 billion yuan.

    The city’s export volume ranked first in the country for the 19th consecutive year with US$245.5 billion yuan, according to the bureau.