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    Positive Signs Of China'S Economic Performance

    2009/4/20 16:58:00 42072

    First quarter:


    Jiangsu's 26 industries achieve positive growth in output value.


    Inner Mongolia's gross domestic product grew by 15% over the same period last year.


    Shanghai's imports and exports have picked up for the first time in nearly 8 months.


    * 96 thousand and 400 new jobs in Tianjin, an increase of 5% over the same period last year.


    Liaoning, Hubei, above scale industrial added value increased substantially


    Jiangxi's local fiscal revenue increased by 20.6%


    Guangxi's electricity consumption has stabilized.

    Spring comes back to earth.

    The first quarter economic data provided by some provinces (cities and districts) showed that China's economy was pleased to see positive signs.

    In the face of the impact of the international financial crisis on China, a series of macro-control measures since the second half of last year have been timely, effective and effective. Every region has been encouraging confidence, facing difficulties and responding positively, working steadily, ensuring growth, ensuring people's livelihood and maintaining stability. The central government's decision-making and deployment have been effectively and effectively implemented.

    Jiangsu is a major industrial province and a major export province in China. Its gross domestic product accounts for 1/10. of GDP in the whole country. In order to ensure the completion of the goal of "ensuring growth", Jiangsu has launched the "combination boxing": expanding the effective investment with the major projects as the leading factor, landing the central macroeconomic policy at the first time; introducing policy documents such as expanding domestic demand, increasing fiscal and financial support, and supporting small and medium-sized enterprises; guiding enterprises to adapt to market demand, speeding up the adjustment of product mix and increasing market development; strengthening classified guidance; South of Jiangsu's efforts to increase its innovative competitive advantage and continuing to play a supporting role in the whole province's economic development; and Northern Jiangsu and Northern Jiangsu seize new major opportunities to provide strong impetus for the province's economic growth.

    At present, the policies and measures to expand domestic demand have achieved initial success. The signs of recovery in some industries in Jiangsu have been consolidated and expanded, and the overall situation is developing towards a good direction.

    Among the 39 major industrial sectors in Jiangsu, 26 industries have achieved positive growth in output value, including the rapid growth of software, service outsourcing, medicine, machinery and other industries, and the growth of light industry and building materials industry is stable. Textile, clothing, automobile, petrochemical and other industries all have signs of stabilization and recovery in varying degrees.

    Jiangsu's GDP growth is expected to increase by more than 10% in the first quarter, and the per capita income of urban and rural residents will increase by 12.1% and 11.4%. respectively.

    In the first quarter of this year, the Inner Mongolia Autonomous Region's GDP is expected to reach 146 billion yuan, an increase of about 15% over the same period last year, and total fiscal revenue of 31 billion 615 million yuan, an increase of 34.4%, and the growth rate will continue to rank among the highest in the country.

    Benefiting from the implementation of the policy of supporting agriculture and benefiting farmers, the investment in agriculture and animal husbandry in Inner Mongolia increased substantially in the first quarter. The agricultural and animal husbandry enterprises that issued financial support funds for agriculture and loans for agriculture and animal husbandry loans at all levels of rural credit cooperatives increased by 78% and 53.8%. in the region. The total sales income of agricultural and animal husbandry enterprises in the first quarter reached 39 billion yuan, up by 15%. compared with the same period last year. The six dominant industries featured by energy, chemical engineering, metallurgy and building materials, machinery and equipment manufacturing, agricultural and livestock products processing and high and new technology in recent years were completed in the first quarter of this year. The industrial added value reached 71 billion 700 million yuan in the first quarter of this year, and the industrial growth in the whole region increased by 18 percentage points in Inner Mongolia.

    In Shanghai, the first quarter economic operation also showed positive changes, and it is developing towards a good trend.

    In the first quarter of this year, the development of Shanghai's outward oriented economy was better than expected, showing a "two increase and a drop" pattern of foreign investment and foreign trade growth and foreign trade decline.

    According to the latest statistics of Shanghai customs in April 15th, the import and export situation of Shanghai has been warmer. In March this year, the import and export volume of Shanghai customs area reached 38 billion 920 million US dollars, a 34.4% increase over February, and the import and export scale rose for the first time in nearly 8 months.

    In March, Shanghai customs area began to improve exports to the top ten markets and exported 21 billion 340 million US dollars.

    Among them, exports to the European Union, the United States and Japan were 5 billion 660 million US dollars, 5 billion 450 million US dollars and 3 billion 40 million US dollars respectively. The decline was narrowed by 16.5 percentage points, 20.4 percentage points and 26.2 percentage points respectively from the previous month. The export to India and Africa decreased from 17.9% and 36.2% last month to 9.7% and 5.2%.3 months respectively.

    Meanwhile, Shanghai's tourism industry is showing signs of recovery. Despite the decline in total inbound tourism in Shanghai in the first quarter of this year, the number of inbound tourists in Shanghai has begun to rise since February.

    From 1 to March this year, visitors from Shanghai port to Shanghai increased significantly, and the number of tourists in Shanghai cruise lines increased by 60%. over the same period of year.

    According to the Tianjin Municipal Development and Reform Commission, the major economic indicators in the first quarter of Tianjin increased mostly in the ring and double speed.

    The gross domestic product of the city is estimated at 144 billion yuan, an increase of 16%, and its growth rate has increased 0.6 percentage points from 1 to February.

    In the first quarter, the added value of Tianjin's above scale industries increased by 75 billion 270 million yuan, an increase of 20.3%, which was close to that of the same period last year.

    Positive changes in household consumption showed that tourism consumption expenditure of urban residents increased by 33.8%; the number of households owned by 100 households increased by 1.5 compared with the end of last year.

    In addition, Tianjin has made remarkable progress in carrying out rotation training for difficult enterprises, providing subsidies for stable jobs without downsizing, and reducing the rate of social insurance premiums paid by difficult enterprises.

    In the first quarter, the city increased 96 thousand and 400 new jobs, an increase of 5%. compared with the same period last year. The per capita disposable income of urban residents increased by 14.7%, a real increase of 14.9% from the price factor, an acceleration of 5.8 percentage points over the same period of last year, and a 11.8% increase in the per capita cash income of rural residents, an acceleration of 1 percentage points.

    Shenyang Jinbei Vehicle Manufacturing Co., Ltd. welcomed the first quarter start: Gold Cup truck domestic sales increased by 46% over the same period last year, and the repayment increased by 37% compared to the same period. In March, it also created the factory's highest sales record in 50 years.

    Like Gold Cup cars, Liaoning's industry is in the opposite direction: in the first quarter, 239 new foreign-invested projects were approved in the first quarter, and the actual utilization of foreign capital was US $3 billion 620 million, an increase of 20% over the same period last year. The main business income of Industrial Enterprises above designated size has increased by nearly 40% over the same period.

    The same situation also appeared in Hubei. According to preliminary estimates, Hubei's economic growth in the first quarter was about 10%, and the added value of industrial added value above scale increased by 11.8%. In March, the industrial added value of above scale industries increased by 15.6% over the same period last year, reversing the continuous decline of the monthly growth rate since the fourth quarter of last year.

    In the first quarter of this year, Jiangxi's total fiscal revenue reached 21 billion 80 million yuan, an increase of 5.3%.. The local fiscal revenue was 14 billion 240 million yuan, an increase of 20.6%.. Jiangxi's fiscal revenue growth showed signs of recovery, and showed three highlights: first, in the traditional pillar industries, the steady development of tobacco, petrochemical, equipment manufacturing, photovoltaic, medicine, food and other industries was achieved; two, the development of the park's economy showed great vitality, such as Jingdezhen's high tech park, Xinyu hi tech Development Zone and Pingxiang Development Zone, whose total revenue increased by 62.7%, 33.3% and 30% respectively; three was the opportunity for all localities to fully grasp the need to expand domestic demand and increase investment, and improve the collection and management mechanism, such as construction business tax growth 31.2%, vehicle tax growth 53%, resource tax growth 33.6%.

    Electricity consumption is regarded as a "wind vane" for macroeconomic trends.

    In the first quarter of this year, China's power generation decreased significantly, and electricity consumption in some provinces recovered positively, indicating that the economy was showing signs of warming.

    According to the Power Grid Corp of Guangxi, the average load of Guangxi power grid has been stable between 6 million 300 thousand and 6 million 800 thousand kilowatts for 50 consecutive days.

    In February, the electricity consumption in the nonferrous metals and cement industries increased by 12.4% and 8.5%. respectively. The electricity consumption of 4 cities in Guilin, Nanning, Fangchenggang and Beihai increased by more than 10%. over the same period. In terms of industry, the electricity consumption of the primary industry increased by 12.9%, the second industry grew by 16.7%, and the third industry increased by 11.8%.

    Editor in chief: Du Jun

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