As of 2019, the city's
gross domestic product totaled ¥55.176 billion, and grew at an annualized rate of 4.3%. Of this, the
primary sector accounted for ¥12.827 billion, or 23.2% of the economy, and grew at an annualized rate of 3.8%; the
secondary sector accounted for ¥13.573 billion, or 24.6% of the economy, and shrunk at an annualized rate of 0.5%; the
tertiary sector accounted for ¥28.776 billion, or 52.2% of the economy, and grew at an annualized rate of 7.4%.
Agriculture In 2019, Huazhou produced 337,800 tons of
grain, a 3.6% annual increase, 730,000 tons of
fruit, a 7.4% annual increase, and 691,000 tons of
vegetables, an 8.4% increase.
Foreign trade The city reported ¥2.862 billion in foreign trade in 2019, a 28.0% increase from the previous year. Of this, Huazhou exported ¥2.818 billion in goods and services, while importing just ¥44 million in goods and services.
Industry Huazhou's industrial output declined in size in 2019 by 4.6%. This decline was led by a 17.3% decline in industrial output from firms classified as large by the city, while medium-sized enterprises saw a 4.5% increase in industrial output, and small enterprises saw a more moderate 3.3% decline in output. Huazhou's largest industry as of 2019 is in
food processing, which added ¥1.457 billion to the local economy in 2019. The next three largest industries are the city's
metallurgy industry,
pharmaceutical industry, and
mineral processing industry, which added ¥486 million, ¥411 million, and ¥222 million to the local economy, respectively.
Real estate The city's real estate industry saw ¥3.947 billion in investment in 2019, which represented a significant decrease from the previous year. Despite this, the total area of real estate sold in Huazhou in 2019 increased 0.8% from the previous year.
Retail sales Huazhou's total consumer retail sales in 2019 totaled ¥23.59 billion, which grew from previous years, with stronger growth in the city's urban areas.
Services The city's tertiary sector comprises the majority of the city's economic output in 2019, and grew faster than its primary and secondary sectors. In 2019, Huazhou saw significant growth in real estate services, logistical services, financial services, and other service industries. ==Notes==