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Anhui’s economy maintained a steady recovery in November, with major macro indicators staying within a reasonable range, the Bureau of Statistics of Anhui Province said on Sunday. The province’s autumn grain output reached 22.9 million tonnes, 325,000 tonnes more than that a year ago. Industrial value-added output rose 1.1 percent year-on-year last month, 1.2 percentage points higher than the national average, sending the two-year average growth to 6.6 percent. Fixed-asset investment increased 9.9 percent between January and November, higher than the national average of 5.2 percent. The two-year average growth in fixed-asset investment stood at 7.1 percent, compared with the national average of 3.9 percent. Retail sales grew 9.4 percent in November, higher than the national 4.2 percent in the same period and 6.8 percent in October. On a two-year average basis, retail sales went up 10.2 percent in November, 4.0 percentage points higher the national average. Foreign trade increased 26.1 percent to 63.8 billion yuan (about $10.1 billion) in November, compared with the national average of 20.5 percent. During the Jan-Nov period, imports and exports rose 26.5 percent, 4.5 percentage points higher than the national average. Consumer price index (CPI) grew 2.6 percent in November, higher than October’s 1.7 percent. The CPI edged up 0.9 percent in the Jan-Nov period. Despite the overall recovery, the provincial economy faces increasing pressure and the uncertainty of the COVID-19 pandemic. The province should step up efforts to keep the real economy stable and strong, according to the bureau.
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