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Anhui's economy continued to recover in May

Pub Date:2023-06-28 16:17 Source:cnanhui.org

Yesterday, the reporter learned from the Anhui Provincial Bureau of Statistics that in May of this year, the province's policies on stabilizing growth, employment, and prices were synergistically implemented, and the economy continued its recovery. Among them, industrial production achieved rapid growth, market consumption stabilized and recovered, and exports maintained double-digit growth.

Industrial production achieved rapid growth. In May, the added value of the province's industrial enterprises above designated size increased by 5.9% year-on-year, which was 2.4 percentage points higher than the national average. Among the 41 major industrial sectors, 19 sectors maintained growth in value added. Among them, the automobile manufacturing industry and the electrical machinery and equipment manufacturing industry grew by 51.1% and 37.9% respectively.

Fixed asset investment maintained growth. From January to May, the province's fixed asset investment increased by 5% year-on-year, which was 1 percentage point higher than the national average. Among them, investment in high-tech manufacturing increased by 3.1%, and investment in high-tech services increased by 50.5%. Investment in the social sector increased by 6%, with education and healthcare investment increasing by 12.5% and 4.6% respectively.

Market consumption stabilized and recovered. In May, the retail sales of consumer goods above designated size in Anhui Province increased by 7.4% year-on-year. In terms of the location of the operating units, the retail sales of consumer goods in urban areas increased by 7.6%, while those in rural areas increased by 1.2%. In terms of consumption types, retail sales of goods increased by 6.4%, and catering revenue increased by 18.7%. Among the units above designated size, the retail sales of new energy vehicles increased by 94.6%, and the sales of communication equipment increased by 17.7%.

Exports maintained double-digit growth. In May, the total value of goods imported and exported in the province was 66.39 billion yuan, a year-on-year increase of 3.9%, which was 3.4 percentage points higher than the national average. Among the export products, the export of electromechanical products increased by 31.9%, with lithium-ion batteries, automobiles, and auto parts exports increasing by 187.2%, 136%, and 98.9% respectively.


Source: Hefei Daily

Reported by Pan Zixuan

Translated by Zheng Chen

Editor:Zheng Chen

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