Baotou's gross domestic product (GDP) reached 377.43 billion yuan ($56.69 billion) in the first three quarters, an increase of 5.4 percent year-on-year, up 0.1 percentage points from the first half of the year.

The added value of the primary industry stood at 5.29 billion yuan, a year-on-year increase of 4.2 percent. The secondary industry registered 178.36 billion yuan, growing 5.7 percent. The tertiary industry hit 193.78 billion yuan, with a 5.2 percent year-on-year growth.

The added value of industrial enterprises above the designated size rose by 7.7 percent year-on-year, an increase of 0.1 percentage points from the January–August period. The added value of the manufacturing sector grew by 8.1 percent.

Among new growth drivers, the added value of the rare earth industry and equipment manufacturing climbed 44.6 percent and 50.8 percent year-on-year, respectively. For traditional industries, the aluminum industry expanded by 14.2 percent and the copper industry by 40.8 percent. The added value of high-tech manufacturing jumped by 66.5 percent.

Investment in hydrogen energy rose by 15.5 percent year-on-year, up 9 percentage points from the same period last year. Investment in energy storage surged 2.6-fold, and its share in total investment climbed 8.1 percentage points year-on-year.

Private investment in the city grew 2.2 percent in the first three quarters, while infrastructure investment (excluding the production and supply of electric power, heat power, gas, and water) increased by 11 percent.

Retail sales of goods reached 59.44 billion yuan, up 3.3 percent year-on-year. Catering revenue stood at 8.91 billion yuan, an increase of 0.7 percent.