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Anhui Releases Latest Economic Data, Growth Rate of Main Indicators Rebounds

Pub Date:22-06-21 16:14 Source:Anhui Daily, cnanhui.org

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With the epidemic under effective control, Anhui's economy continues to recover and develop. The reporter learned from the Statistics Bureau of Anhui Province on June 20 that production demand in Anhui gradually recovered in May, the growth rate of main indicators rebounded, and the economy showed a recovery momentum.

The industrial added value above the designated size has changed from decreasing to increasing. In May, this value in Anhui increased by 5.2% year on year. From the perspective of three major categories, the mining industry grew by 4.7%, the manufacturing industry grew by 4.7%, electricity, heat, gas, and water production and supply industry grew by 11.4%; in terms of enterprise types, state-owned and state-controlled enterprises increased by 7%, joint-stock enterprises increased by 3.1%, foreign and Hong Kong, Macao, and Taiwan invested enterprises increased by 15.2%; by industries, among the 41 major industries, the added value of 30 industries—accounting for 73.2%, increased year-on-year, which is an increase of 34.2 percentage points from April. From January to May, the industrial value-added above the designated size of Anhui increased by 5.4%.

Fixed-asset investment continued to maintain steady growth, and investment in the social sector grew rapidly. From January to May, the fixed-asset investment in Anhui increased by 9.7% year on year. In terms of different fields, infrastructure investment increased by 21.6%, and industrial investment increased by 20.2%; in terms of industries, investment in the primary industry increased by 10.7%, investment in the secondary industry increased by 20.1%, and investment in the tertiary industry increased by 5%. Private investment grew by 6.2%, and investment in high-tech industries grew by 40.7%.

The consumer market has gradually recovered, and the retail sales of basic living goods have turned from decreasing to increasing. In May, the retail sales of basic living goods reached 13.72 billion yuan (about 2.05 billion U.S. dollars), a 1.5% increase from a decrease of 1.5% in April. Online consumption is growing well. In May, wholesale and retail enterprises above the designated size achieved a 13.7% increase in retail sales through public networks, 9.9 percentage points higher than that in April. In addition, the growth of imports and exports continued to accelerate, with exports growing faster than imports. According to customs statistics, in May, the total import and export volume of Anhui was 64.72 billion yuan (about 9.69 billion U.S. dollars), a year-on-year increase of 13.8%.

The fiscal expenditure grew rapidly, and financial operations were generally stable. In May, after deducting the tax rebate, the general public budget revenue of Anhui was 33.36 billion yuan (about 4.99 billion U.S. dollars), a year-on-year increase of 7%, and an increase of 11.4% from January to May; the general public budget expenditure was 65.14 billion yuan, an increase of 20.7%. At the end of May, the balance of domestic and foreign currency deposits of financial institutions was 7,196.6 billion yuan, an increase of 10.6%; the balance of domestic and foreign currency loans was 6,326.4 billion yuan, an increase of 13.3%.

It is worth noting that the increase in the price index has declined. In May, Anhui's consumer price index (CPI) rose by 2.3% year-on-year, 0.4 percentage points lower than that in April; the producer price index (PPI) of Anhui rose 5.8% year-on-year, 1.3 percentage points lower than that in April.

Editor:郑晨

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