[Shenzhen Business Daily] (Wei Shengguang and He Wanhong, correspondents of Guangzhou based reporter Carrie Yao) On April 24, Guangdong Provincial Bureau of Statistics released the first quarter economic data. According to the results of the unified accounting of the regional GDP, in the first quarter, Guangdong achieved a regional GDP of 3151066 million yuan, an increase of 4.4% year on year, and the growth rate was 0.4 percentage points higher than the same period last year. Among them, the added value of the primary industry was 105.424 billion yuan, up 3.7%; The added value of the secondary industry was 1173.552 billion yuan, up 6.1%; The added value of the tertiary industry was 1872.09 billion yuan, up 3.5%.
In the first quarter, Guangdong focused on promoting high-quality development, and the overall economy of the province maintained stable growth, showing a good start.
Industrial production grew rapidly, and key industries gave full play to stable support. In the first quarter, the added value of Guangdong's industries above designated size was 0.91 trillion yuan, up 6.1% year on year, and the growth rate was 4.7 percentage points higher than that of the same period last year and 1.7 percentage points higher than that of the whole year last year. By category, the added value of the mining industry increased by 4.2%, the manufacturing industry by 6.0%, and the power, heat, gas and water production and supply industries by 8.2%.
The service industry grew steadily, and the modern service industry grew well. In the first quarter, the added value of Guangdong's service industry increased by 3.5% year on year. Among them, transportation, warehousing and postal services, leasing and business services, information transmission, software and information technology services increased by 12.7%, 10.0% and 9.0% respectively.
Fixed asset investment has increased steadily, and industrial investment is strongly supported. In the first quarter, Guangdong's fixed asset investment grew 4.0% year on year, 1.5 percentage points higher than that of the previous year. Industrial investment increased by 23.5%, including 30.2% in computer, communication and other electronic equipment manufacturing, 28.4% in electrical machinery and equipment manufacturing, and 7.6% in automobile manufacturing. Investment in new areas grew strongly, with investment in advanced manufacturing and high-tech manufacturing increasing by 22.4% and 33.3% respectively. Infrastructure investment increased by 8.8%, including 30.2% in the power and heat production and supply industries, 3.8% in the railway transportation industry, and 28.4% in the software and information technology services industry. Investment in real estate development decreased by 13.2%, and the sales area of commercial housing decreased by 34.6%.
The market sales scale has expanded steadily, and the consumption of upgrading commodities has increased well. In the first quarter, Guangdong's retail sales of consumer goods totaled 1.22 trillion yuan, up 3.8% year on year. By type of consumption, retail sales increased by 3.6%; Catering revenue increased by 4.9%.
The Guangdong Provincial Bureau of Statistics pointed out that, on the whole, in the first quarter, Guangdong's economy continued to recover with a good start, and positive factors continued to accumulate. However, it should also be noted that the external situation is still complex and severe, the constraints of insufficient effective demand still exist, and the recovery of the economy still needs energy. In the next stage, we should do a solid job in all aspects of work, and continue to consolidate and enhance the trend of stable economic growth.
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