In the first July of Guangdong, "steady progress": consumption increased by 1.4%year -on -year, and new kinetic energy investment continued double -digit growth

Author:21st Century Economic report Time:2022.08.19

Southern Finance and Economics All -Media Council Reporter Liang Shiting Guangzhou Reporting

On August 19, the Guangdong Provincial Bureau of Statistics announced the economic data from January to July. With the strong implementation of a policy of stabilizing the economy, the economic operation basically continued to recover. Especially in terms of consumption, from January to July, the consumer goods market continued to rise, an increase of 1.4%year-on-year, and the growth rate accelerated by 0.5 percentage points from the first half of the year.

The actual economic support effect is obvious. From January to July, the value-added of industries above designated size of the province was 2.202 trillion yuan, an increase of 3.2%year-on-year; manufacturing investment increased by 19.0%; Maintain two -digit growth, showing that the development potential of new kinetic energy is sufficient.

Speed ​​up consumption

In terms of domestic demand, from January to July, the total retail sales of consumer goods in the province was 2.54 trillion yuan, an increase of 1.4%year-on-year, and the growth rate accelerated by 0.5 percentage points from the first half of the year. According to the location of the operating unit, retail sales of urban consumer goods increased by 0.6%, and rural consumer goods increased by 7.7%.

According to the consumption form, the retail sales of goods increased by 2.0%. Basic living consumption has grown steadily, and retail sales of grain, oil, food, and beverage products increased by 6.7%and 5.2%. The growth of upgrading consumption has accelerated. Gold and silver jewelry, household appliances and audiovisual equipment, and communication equipment categories increased by 8.6%, 4.1%, and 8.8%, respectively.

Online consumption continues to support the steady development of the consumer market, and units above the limited amount increased by 14.9%through public networks. Catering revenue decreased by 3.5%, a decrease of 1.2 percentage points narrowed in the first half of the year.

In terms of import and export, from January to July, the total import and export of goods in the province was 4.60 trillion yuan, an increase of 2.4%year-on-year. Among them, exports increased by 6.9%, and imports decreased by 4.5%. General trade imports and exports increased by 6.0%, accounting for 54.4%of the total import and export, an increase of 1.8 percentage points from the same period last year.

Generally speaking, the province's prices remained stable in July. Statistics show that the province's consumer price index (CPI) rose 2.9%year -on -year, and the increase fell 0.2 percentage points from the previous month. Among them, food prices rose 5.8%, and non -food prices rose 2.3%. From January to July, CPI rose 2.2%year-on-year.

In terms of industrial products, in July, the province's industrial manufacturer's factory price index (PPI) increased by 2.9%year -on -year and 0.7%month -on -month; industrial producers purchased price index (IPI) increased by 4.1%year -on -year, down 0.6%month -on -month. From January to July, PPI rose 4.2%year-on-year, and IPI rose 6.3%, down 0.3 and 0.4 percentage points from the first half of the year.

The manufacturing investment momentum is strong, and the production and sales of new energy vehicles are strong

In July, Guangdong's industrial economy grew steadily. Statistics show that from January to July, the value-added of industries above designated size of the province was 2.202 trillion yuan, an increase of 3.2%year-on-year.

In terms of door categories, the value -added of mining industry increased by 4.9%, the manufacturing industry increased by 3.2%, power, thermal, gas and water production and supply industries increased by 1.8%, and the growth surface in the production industry reached 66.7%.

In the pillar industry, the supply of auto parts is better, the production and sales of new energy vehicle companies are strong, the value -added of the automobile manufacturing industry increases by 18.5%; electrical machinery and equipment manufacturing are increased by 4.1%, computers, communications and other electronic equipment manufacturing industries have increased by 3.4 3.4 %; High temperature weather drives electricity demand, power, thermal production and supply industry increased by 2.1%.

In terms of industrial investment, Guangdong's manufacturing investment increased by 19.0%from January to July; new kinetic energy investment continued to grow rapidly, high-tech manufacturing investment increased by 36.8%, and advanced manufacturing investment increased by 27.6%.

Industrial investment is an important part of supporting Guangdong's fixed asset investment. In the first July of this year, the investment in fixed assets in the province fell by 0.3%year -on -year, and the stable investment in the second half of the year still faced a certain pressure. It is worth noting that the investment in infrastructure from January to July increased by 0.2%, which turned positive after three consecutive months, and set the fastest growth rate since this year. Among them, the investment in the railway transportation industry increased by 14.2%.

Statistics also show that from January to July, Guangdong's transportation decline was narrowed. In the first seven months of this year, the freight volume of the province decreased by 9.1%year -on -year, a narrowing of 0.1 percentage points from the first half of the year. Among them, pipeline transportation increased by 3.1%. The volume of goods decreased by 0.9%, narrowing by 0.4 percentage points. Among them, the rotation of the railway and waterway increased by 1.4%and 0.3%, respectively.

The production of ports has resumed, and the volume of cargo in ports decreased by 5.5%, container throughput decreased by 0.7%, and the decrease was narrowed by 0.7 percentage points. The number of passengers in the province fell by 25.3%, and the number of passengers' weekly volume decreased by 34.3%, which was narrowed by 2.9 and 3.9 percentage points from the first half of the year.

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