Hubei Releases "Transcript" of Economic Operation in the First Four Months

2024-05-22 10:10 Source: Hubei Daily
View the rest of the full text
(Editor in charge: Yang Miao)

Hubei Releases "Transcript" of Economic Operation in the First Four Months

10:10, May 22, 2024     Source: Hubei Daily    

Hubei Daily (reporter Xiao Liqiong): The development is "new" and the economy is better. On May 20, Hubei Provincial Bureau of Statistics released the economic operation of Hubei Province in the first four months. The economic operation of the province continued to pick up in the first quarter. With the acceleration of new quality productivity, the characteristics of accelerated economic growth were more obvious. Industrial production continued to accelerate, fixed asset investment grew steadily, and the consumer market remained active.

From January to April, the added value of industries above designated size increased by 7.7% year on year. Among them, the growth rate in April was 7.5%, 0.3 percentage points higher than that of the previous month. New quality productivity related industries grew strongly, and the added value of computer communication electronics industry increased by 41.5%; The transformation of traditional industries was accelerated to achieve double-digit growth. The added value of chemical industry, nonferrous metal industry and petroleum processing industry increased by 15.0%, 22.3% and 13.0% respectively.

In the first four months, the province's fixed asset investment increased by 4.8% year on year. In terms of sectors, industrial investment increased by 15.6%. Among them, investment in chemical industry, computer communication electronics industry and special equipment manufacturing industry increased by 37.2%, 22.7% and 53.5% respectively; Private investment increased by 4.3%, more private capital went to manufacturing, and private investment in manufacturing increased by 17.7%.

The consumption "wagon" continued to increase. From January to April, the province achieved a total retail sales of social consumer goods of 755.97 billion yuan, up 5.9% year on year, higher than the national average. From the perspective of key commodity categories, the retail sales of grain, oil and food products above the limit increased by 16.9%, and the retail sales of automobiles above the limit increased by 6.7%. Among them, the retail sales of new energy vehicles increased by 59.2%, and the retail sales of household appliances and audio and video equipment above the limit increased by 28.8%.

The import and export situation is good. From January to April, the total import and export volume of the province reached 208.0 billion yuan, up 10.6% year on year. Exports reached 143.13 billion yuan and imports 64.87 billion yuan, up 11.7% and 8.3% respectively.

(Editor in charge: Yang Miao)

Wonderful pictures