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Sichuan Province Achieving Regional GDP of 1832.701 Billion Yuan in the First Half of the Year

  In the first half of the year, Sichuan’s economy maintains stable with progress. The growth rate of major economic indicators is higher than the national average and better than the expected at the beginning of the year.

  According to preliminary calculations, in the first half of the year, the province’s total GDP has reached 1832.701 billion yuan, 8.2% year-on-year increase at comparable prices, and the growth rate is 1.4 percentage points higher than the national average. Among them, the added value of the primary industry is 154.426 billion yuan, up by 3.6%; that of the secondary industry 763.699 billion yuan, up by 7.3%; that of the tertiary industry 914.576 billion yuan, up by 9.9%.

  In general, the economy of Sichuan Province continues to run smoothly in the first half of the year, but some key industries and enterprises have large fluctuations in production. The pressure of stable investment growth is still heavy, and it is worth focusing on some cities and states’ economic indicators falling back or even declining. In the second half of the year, Sichuan will continue to deepen the supply-side structural reforms, do a good job in the promotion of key projects, and consolidate the foundation for stable economic growth as well as the steady and healthy development throughout the year.

  Smooth Agricultural Production

  Since the beginning of this year, the structural reform of the agricultural supply side has been further advanced, the rural revitalization and development has a good momentum, and agricultural production has remained generally stable. The spring grain output has reached 4.195 million tons, a decrease of 0.7%; oil production 2.537 million tons, an increase of 1.3%; vegetable and edible fungi production 18.403 million tons, an increase of 4%; Chinese herbal medicine output 179,000 tons, an increase of 6.8%. The animal husbandry industry has developed steadily. In the first half of the year, the number of live pigs has reached 28.717 million, an increase of 1.9%; that of cattle slaughtered 1.285 million, an increase of 1.4%; that of sheep slaughtered 7.896 million, an increase of 1.2%; and that of poultry slaughtered 285.15 million, an increase of 0.9%.

  Stable Industrial Growth

  In the first half of the year, the added value of industrial enterprises above designated size in Sichuan Province has increased by 8% year-on-year, and the growth rate is 1.3 percentage points higher than the national average. The sales rate of industrial enterprises above designated size is 97.7%.

  In terms of economic type, the added value of state-owned enterprises has increased by 7.9% year-on-year, collective enterprises has decreased by 3.9%, joint-stock enterprises increased by 8.6%, and foreign-invested enterprises from Hong Kong, Macao and Taiwan increased by 5.8%.

  In terms of industries, 34 of the 41 major industries maintained an increase in added value. Among them, the added value of computer, communications and other electronic equipment manufacturing has increased by 8.7% year-on-year, the wine, beverage and refined tea manufacturing industry by 13%, the electricity, heat production and supply industry by 11.4%, the non-metallic mineral products industry by 7.2%, and the automobile manufacturing industry by 7.3%.

  For the output of major industrial products, power generation has increased by 6.8% and natural gas by 0.6%; agricultural NPK chemical fertilizer decreased by 15.7%, liquor increased by 12.3%, beer increased by 6.8%, automobile increased by 0.1%, and flat glass increased by 0.1%. The circuit has grown by 8.8%, the electronic computer by 2.6%, and the mobile communication handset (mobile phone) by 39.9%.

  From the perspective of new kinetic energy, the added value of high-tech industries above designated size has increased by 11.1% year-on-year, and the growth rate is 3.1 percentage points higher than the average level. Among them, the added value of aviation, spacecraft and equipment manufacturing has grown by 13.7%.

  From January to May, the industrial enterprises above designated size have achieved revenue of 1651.32 billion yuan, a year-on-year increase of 13.8%; the total profit reached 101.25 billion yuan, an increase of 22.8%, 6.3 percentage points higher than the national average.

  Fast Growth of the Service Industry

  In the first half of the year, the added value of the tertiary industry increased by 9.9% year-on-year, and the growth rate was 0.1 percentage points higher than the same period of last year and 2.3 percentage points higher than the national average. Among them, the added value of wholesale and retail trade has increased by 5.8%, transportation, warehousing and postal industry by 7.7%, accommodation and catering industry by 7.4%, financial industry by 4.1%, real estate industry by 7.5%, and other service industries by 15.1%.

  Stable Growth in Investment

  In the first half of the year, the fixed asset investment of the whole society has increased by 10.6% year-on-year.

  In terms of industry, investment in the primary industry increased by 21% year-on-year, that in the secondary industry by 9.3%, and tertiary industry by 10.5%.

  From the perspective of real estate development, its investment fell by 1.7% year-on-year. The construction area of commercial housing is 364.902 million square meters, down by 0.3%; the completed area of commercial housing is 22.804 million square meters, down by 6.2%; the sales area of commercial housing is 58.085 million square meters, up by 19.4%.

  Consumer goods market growth is stable

  In the first half of the year, the total retail sales of consumer goods has reached 872.5 billion yuan, a year-on-year increase of 11.7%; the growth rate is 2.3 percentage points higher than the national average.
According to the location of the business unit, the retail sales of urban consumer goods register at 692.54 billion yuan, up by 11.4% year-on-year; the retail sales of rural consumer goods is 179.96 billion yuan, up by 12.5%.

  According to consumption patterns, catering revenue is 130.42 billion yuan, up by 12.6% year-on-year; retail sales of goods 742.08 billion yuan, up by 11.5%. For the retail of goods, the retail sales of enterprises (units) above designated size has reached 315.72 billion yuan, an increase of 12.4%.

  From the perspective of hot commodities, retail sales of grain, oil, food, beverages, tobacco and alcohol has increased by 12.5% year-on-year, daily necessities by 42%, gold and silver jewelry by 20.1%, clothing, shoes and hats, needle textiles by 21.2%, household appliances and audio equipment by 13.4%, communications equipment by 12.3%, oil and its products by 9.7%, and automobiles by 7.8%.

  Foreign Trade Keep Growing

  In the first half of the year, the imports and exports of foreign trade totaled 249.91 billion yuan, a year-on-year increase of 24.9%. Among them, the export value is 134.41 billion yuan, an increase of 27.5%; the import value is 115.5 billion yuan, an increase of 21.9%.

 

 
 
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