Tianjin’s economy expanded by 13.8 percent in 2012 from a year earlier to RMB1.29 trillion yuan (US$207 billion), while the CPI stood at 2.7 percent, according to the Tianjin Branch of the National Bureau of Statistics.Â
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Tianjin leads China’s major cities in last year’s GDP growth, while southwest China’s Chongqing Municipality took second place for a 13.6 percent increase.Â
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The per capita disposable income of urban residents in Tianjin grew 10.1 percent to RMB 29,626 (US$ 4,761).Â
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Tianjin’s consumer price index, the main gauge of inflation, rose 2.7 percent year-on-year in 2012, down 2.2 percent from the previous year.Â
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The per capital household final consumption expenditure among urban residents reached RMB 20,024, up 8.7 percent from the year before.Â