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    Statistics Bureau: GDP Dropped 6.8% In The First Quarter.

    2020/4/20 11:49:00 6

    Gross Domestic ProductGDPEconomic Operation

    In the first quarter, in the face of the severe test brought by the new crown pneumonia epidemic situation, under the strong leadership of the CPC Central Committee with Comrade Xi Jinping as the core, all localities and departments conscientiously implemented the decision making and deployment of the Party Central Committee and the State Council, and coordinated the work of epidemic prevention and control and economic and social development in the whole country. The epidemic prevention and control situation continued to improve, and the spread of local epidemic in China was basically interrupted, and the resumption of work was resumed. With the acceleration of the resumption of production and the steady growth of the basic industries and important products related to the national economy and people's livelihood, the basic livelihood of the people has been well protected, and the overall situation of economic and social development has been stable.

    Preliminary calculation, the first quarter GDP of 206504 billion yuan, calculated at comparable prices, down 6.8% over the same period. According to the industry, the added value of the primary industry is 10186 billion yuan, a decrease of 3.2%; the second industry added value of 73638 billion yuan, a decrease of 9.6%; third industrial added value of 122680 billion yuan, a decrease of 5.2%.

    1. Agricultural production is basically stable, and the grain production situation is better.

    In the first quarter, the added value of agriculture (planting) increased by 3.5% over the same period last year. At present, the climatic conditions of the main agricultural areas are generally favorable, and the spring sowing and spring sowing are progressing smoothly. The overall growth of winter wheat is better than that of the previous year and the whole year. At the end of March, the proportion of one or two kinds of seedlings planted in winter was 87.2%, an increase of 3.5 percentage points over the same period last year. In the first quarter, the egg production increased by 4.3%, the milk output increased by 4.6%, and the output of pigs, cattle, sheep and poultry was 18 million 130 thousand tons. Pig production capacity continued to recover. At the end of the first quarter, 321 million 200 thousand live pig farms, an increase of 3.5% over the fourth quarter of last year, which can breed 33 million 810 thousand sows, an increase of 9.8%.

    Two, industrial production has declined, and the basic raw materials industry and high-tech manufacturing industry have maintained growth.

    In the first quarter, the added value of industrial above designated size decreased by 8.4% compared with the same period last year. Among them, the added value of above scale industries in March dropped by 1.1% compared with the same period last year, the decline narrowed by 12.4 percentage points compared with 1-2 months, the growth rate was 32.13%, and the industrial output scale was close to that of the same period last year. According to the economic type, the added value of state holding enterprises decreased by 6% compared with the same period last year, and the share holding enterprises dropped by 8.4%, while foreign and Hong Kong, Macao and Taiwan investment enterprises dropped by 14.5%, and private enterprises dropped by 11.3%. Divided into three categories, the added value of the mining industry dropped by 1.7%, the manufacturing industry dropped by 10.2%, and the electricity, heat, gas and water production and supply industry dropped by 5.2%. The production of basic raw materials and new products continued to grow. The output of natural gas, non-woven fabrics, chemical drugs, crude oil, ten kinds of non-ferrous metals, ethylene and crude steel increased by 9.1%, 6.1%, 4.5%, 2.4%, 2.1%, 1.3% and 1.2% respectively. Vending machines, vending machines, electronic components, integrated circuits, urban rail vehicles, and solar cell output increased by 35.3%, 16.2%, 16% and 16%, respectively. And 3.4%. In March, the high-tech manufacturing industry grew by 8.9% over the same period last year, of which computer, telecommunications and other electronic equipment manufacturing industry increased by 9.9%. The output of industrial robots and generators increased by 12.9% and 20% respectively.

    Three, the production of service industry has declined, and the new service industry has been growing well.

    In the first quarter, the added value of the third industry decreased year by year, and the value added of the information transmission, software and information technology service industry and the financial industry increased by 13.2% and 6% respectively. In March, the national service production index fell by 9.1%, a decrease of 3.9 percentage points from 1-2 months. In the 1-2 month, business income of service enterprises above designated size decreased by 12.2%, of which 10.1% of the revenue from Internet and related services, software and information technology services increased by 0.7% and 0.7% respectively. In March, the service business activity index was 51.8%, up 21.7 percentage points from last month. Among them, the index of business activities in transportation, warehousing and postal services, retail and monetary and financial services is relatively high, 59.3%, 60.6% and 62.9% respectively. From the market expectation, the business activity expectation index of service industry is 56.8%, up 17.1 percentage points from last month, and enterprises' confidence in market development is enhanced.

    Four, sales and sales are decreasing, and online sales of physical necessities and physical commodities are increasing rapidly.

    In the first quarter, total retail sales of consumer goods totaled 78580 billion yuan, down 19% from the same period last year. Among them, the total retail sales of consumer goods in March totaled 26450 billion yuan, a decrease of 15.8%, a decrease of 4.7 percentage points from 1-2 months, and a drop of 12% in retail sales, a decrease of 5.6 percentage points over that in 1-2 months. According to the location of the business units, the retail sales volume of urban consumer goods in the first quarter was 67855 billion yuan, a decrease of 19.1%, and the retail sales volume of rural consumer goods was 10725 billion yuan, a decrease of 17.7%. According to the consumption type, the restaurant income was 602 billion 600 million yuan, a decrease of 44.3%, and the retail sales of commodities amounted to 72553 yuan, a decrease of 15.8%. Closely related to the lives of residents, the products showed a growth trend. The above quota units increased 12.6%, 4.1% and 2.9% respectively in grain, oil, food, beverages and Chinese and Western medicine categories, which were 2.9, 1 and 2.7 percentage points faster than that in 1-2 months, respectively. China's online retail sales reached 22169 billion yuan, down 0.8% from the same period last year. Among them, the online retail sales of physical commodities increased by 18536 yuan, an increase of 5.9%, which was 2.9 percentage points faster than that in 1-2 months, and accounted for 23.6% of the total retail sales of social consumer goods, a 2.1 percentage point increase over that of 1-2 months.

    Five, investment activities slowed down, e-commerce, professional technology services and anti epidemic related industries investment growth.

    In the first quarter, the investment in fixed assets (excluding farmers) was 84145 billion yuan, down 16.1% compared to the same period last year, and the decline was narrowed by 8.4 percentage points over 1-2 months. In terms of sectors, infrastructure investment dropped by 19.7%, manufacturing investment decreased by 25.2%, real estate development investment dropped by 7.7%, and the decline was narrowed by 10.6, 6.3 and 8.6 percentage points respectively than in 1-2 months. The sales volume of commercial housing in the country decreased by 219 million 780 thousand square meters, 26.3%, and the sales volume of commercial housing reached 20365 billion yuan, a decrease of 24.7%. The decline was narrowed by 13.6 and 11.2 percentage points respectively compared with that in 1-2 months. According to the industry, the investment in the primary industry dropped by 13.8%, the investment in the second industry dropped by 21.9%, the investment in the third industry dropped by 13.5%, and the private investment 47804 billion yuan, a decrease of 18.8%, narrowing by 11.8, 6.3, 9.5 and 9.5 percentage points respectively than in 1-2 months. The investment in high-tech industry dropped by 12.1%, and the decrease was less than 4 percentage points of total investment. The investment in high-tech manufacturing industry and high-tech service industry decreased by 13.5% and 9% respectively. In the high-tech manufacturing industry, computer and office equipment manufacturing investment increased by 3.2%. In the high-tech service industry, the investment in e-commerce services increased by 39.6%, the investment in professional and technical services increased by 36.7%, and the transformation of scientific and technological achievements into services increased by 17.4%. Investment in the social sector dropped by 8.8%, of which 0.9% of the investment in the health sector fell by 15.2 percentage points, compared with the total investment. The investment in the biopharmaceutical industry and other industries related to the epidemic has kept growing, and the construction of key epidemic prevention projects has been advancing rapidly. In March, fixed assets investment (excluding households) increased by 6.05% over the previous month.

    Six, the import and export of goods slowed down, and the trade structure continued to improve.

    In the first quarter, the total import and export volume of goods was 65742 billion yuan, down 6.4% from the same period last year. Among them, the total import and export volume in March was 24459 billion yuan, down 0.8% compared with the same period last year, a drop of 8.7 percentage points lower than that in 1-2 months. Exports of 12927 billion yuan, a decrease of 3.5%; imports of 11532 billion yuan, an increase of 2.4%, of which general trade imports increased by 4%. In the first quarter, exports amounted to 33363 billion yuan, down 11.4%, and imports of 32380 billion yuan, down 0.7%. The trade surplus is 98 billion 300 million yuan. The trade structure continued to be optimized. General trade imports and exports accounted for 60% of the total import and export volume, 0.4 percentage points higher than the same period last year. In the first quarter, the export value of Industrial Enterprises above Designated Size reached 24082 billion yuan, down 10.3% compared with the same period last year, a drop of 8.8 percentage points lower than that in 1-2 months. In March, the export value of Industrial Enterprises above Designated Size reached 10307 billion yuan, an increase of 3.1%.

    Seven, consumer price inflation fell, industrial producer prices increased.

    In the first quarter, consumer prices nationwide rose 4.9% over the same period. Among them, the national consumer price rose 4.3% in March, up 0.9 percentage points from February and 1.2% by the month. In the first quarter, the city rose by 4.6%, and the countryside rose by 5.9%. According to the classification, the prices of food, tobacco and alcohol rose by 14.9% compared with the same period last year, the clothing increased by 0.2%, living increased by 0.2%, daily necessities and services increased by 0.2%, traffic and communications decreased by 1.5%, educational culture and entertainment increased by 1.9%, medical care increased by 2.2%, and other goods and services increased by 4.9%. In the price of food, tobacco and wine, grain prices rose by 0.6%; fresh vegetable prices rose by 9%, from 10.9% in February to 0.1% in March, and pork prices rose 122.5%, of which March rose 116.4%, down 18.8 percentage points from February. After deducting food and energy prices, the core CPI rose by 1.3%.

    In the first quarter, the producer prices of industrial producers fell by 0.6% over the same period last year. In March, it dropped by 1.5% compared to the same period last year, a decrease of 1% compared with the same period, a decrease of 1.1 percentage points over the same period of 1-2 months. In the first quarter, the purchasing price of industrial producers nationwide dropped by 0.8% over the same period last year. In March, it dropped by 1.6% compared to the same period last year, and the ratio fell by 1.1%.

    Eight, the unemployment rate of urban survey has declined, and the employment situation is generally stable.

    In the first quarter, there were 2 million 290 thousand new jobs in cities and towns nationwide. In March, the unemployment rate of urban survey in China was 5.9%, 0.3 percentage points lower than that in February. Among them, the unemployment rate of the 25-59 year old population survey was 5.4%, lower than the 0.5 percentage points of the national urban survey unemployment rate, down 0.2 percentage points from last month. The unemployment rate in 31 big cities and towns was 5.7%, unchanged from last month. In March, Zhou Pingjun, the national employment officer, worked for 44.8 hours, an increase of 4.6 hours from last month. By the end of 2, the total number of migrant laborers in rural labor force was 122 million 510 thousand.

    Nine, nominal income of residents increased, real income decreased, and the ratio of per capita disposable income of urban and rural residents decreased slightly.

    In the first quarter, the per capita disposable income of the whole country was 8561 yuan, an increase of 0.8% in nominal terms, and a 3.9% decrease in real terms. According to permanent residence, the per capita disposable income of urban residents is 11691 yuan, a nominal increase of 0.5%, a real drop of 3.9%, and the per capita disposable income of rural residents is 4641 yuan, a nominal increase of 0.9%, a real decrease of 4.7%. From the perspective of income sources, the per capita wage income of the whole country increased by 1.2% compared with nominal growth, net operating income decreased by 7.3%, property net income increased by 2.7%, and net income transferred by 6.8%. The ratio of per capita income of urban and rural residents is 2.52, which is 0.01 lower than that of the same period last year. The median per capita disposable income of the whole country was 7109 yuan, down 0.7%.

    Overall, in the first quarter, under the impact of the new crown pneumonia epidemic, China's overall economic and social situation remained stable. At the same time, we must also see that the current international epidemic continues to spread, the risk of the world economic downturn is aggravated, and the unstable and uncertain factors increase significantly. China's pressure to prevent the outbreak of the epidemic is increasing, and the resumption of work and the economic and social development are facing new difficulties and challenges. Next, we must resolutely implement the decision-making and deployment of the Party Central Committee and the State Council, further coordinate the work of promoting epidemic prevention and control and economic and social development, intensify efforts to implement the policy of resuming work, resuming production and resuming industry, strive to protect and improve people's livelihood, and accelerate the full recovery of production and life order in the normal epidemic prevention and control, and ensure the realization of a decisive victory, building a well-off society in an all-round way, and breaking the decisive battle. Poor target and task.

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