In the past May of Xinyang, the economic operation data announced fixed asset investment increased by 13.2 % year -on -year

In May, Xinyang City conscientiously implemented the decision -making and deployment of the central, provincial and cities, insisted on stabilizing the word, steadily seeking progress, paying close attention to policies and measures, adjusting and optimizing management and control measures, and striving to expand effective demand and strive to improve the quality of development. With the effectiveness of efficient overall preparations and the effectiveness of economic and social development, the city's economic transportation has continued to recover. Although some indicators have fluctuated in the short term, the economic situation has not changed for a long time.

Industrial production has slowed down. From January to May, the added value of industries above designated size increased by 2.8%year-on-year, the growth rate fell 2.3 percentage points from January-April, and below the province 2.6 percentage points. From the perspective of the branch industry, nearly 40 % of the industry has maintained growth, and 60 % of the industry has fallen. In May, 13 of the 36 industrial categories in the city maintained a growth, an increase of 36.1%; the value -added growth rate of 20 industries fell from the previous month, accounting for 55.6%. Large and medium -sized enterprises have slowed down significantly. In May, large and medium -sized industrial enterprises increased by 3.2%year -on -year, and the growth rate fell 4.5 percentage points from April; small and micro -industrial enterprises in the rules increased by 13.6%year -on -year, and the growth rate fell 0.2 percentage points from April. From the perspective of three gates, from January to May, the manufacturing industry increased by 2.1%year-on-year, the mining industry increased by 4.5%year-on-year, and the power, thermal, gas and water production and supply industries increased by 13.9%year-on-year.

Fixed asset investment has maintained rapid growth. From January to May, the city's fixed asset investment increased by 13.2%year-on-year, and the growth rates were higher than the province and the country's 2.7 and 7.0 percentage points, ranking third in the province. Industrial investment has grown rapidly. From January to May, the city's industrial investment increased by 26.2%year-on-year, a growth rate of 2.0 percentage points higher than the province, ranking 6th in the province. Infrastructure investment support is enhanced. From January to May, the city's infrastructure investment increased by 17.6%year-on-year, an increase of 3.4 percentage points from January-April, and driving the city's investment growth by 4.1 percentage points. The growth of private investment is greater. From January to May, the city's private investment increased by 11.4%year-on-year, 4.9 percentage points from January-April. Real estate development investment has declined significantly. From January to May, the city's real estate development investment decreased by 1.2%year-on-year, a decrease of 1.9 percentage points from January-April, and below 2.6 percentage points in the province. The cumulative growth rate of real estate development investment was for the first time.

The decline in the consumer market has narrowed. In May, the total retail sales of consumer goods in the city were 9.05 billion yuan, a year -on -year decrease of 5.9%, and the decline was narrowed by 0.6 percentage points from April. From January to May, the city's retail sales of social consumer goods were 47.795 billion yuan, a year-on-year increase of 0.1%, which was 0.4 percentage points higher than the province. More than 70 % of the categories of goods have maintained growth. From January to May, the retail sales of 22 categories of goods above the city, the retail sales of 17 types of goods increased, and the growth surface was 77.3%. Basic lifestyle consumption has improved and upgraded consumption has expanded. From January to May, the retail sales of grain and oil foods above the city's limit increased by 18.5%year-on-year; the consumption of tobacco and alcohol products increased by 19.9%year-on-year. With the ease of the epidemic, citizens' demand for upgraded goods has expanded. From January to May, the retail sales of communication equipment, furniture, construction and decoration materials, cosmetics, and gold and silver jewelry products of the city's limited amount increased by 32.5%, 5.1%, 3.6%, 30.3%, and 7.1%, respectively, respectively, respectively, high respectively, respectively. The growth rate of retail sales above the limit is 34.0, 6.6, 5.1, 31.8, 8.6 percentage points.

Financial and finance develops steadily. From January to May, the general public budget revenue in the city was 5.459 billion yuan, an increase of 2.8%year-on-year. Considering the value-added tax deduction factors, the general public budget revenue of the city increased by 7.4%after the value-added tax retaining tax refund returned to Canada. General public budget expenditures were 23.447 billion yuan, a year -on -year decrease of 1.8%, and the growth rate ranked 7th in the province, an increase of 3 digits from the previous month. At the end of May, the balance of RMB deposits in the city's financial institutions was 476.390 billion yuan, ranking fifth in the province, an increase of 13.4%year -on -year, and the growth rate ranked 5th in the province, an increase of 1st to the previous month. The balance of RMB loans of financial institutions was 227.069 billion yuan, ranking 11th in the province, a year -on -year increase of 5.6%. The growth rate ranked 13th in the province, an increase of 1 digit from the previous month. The RMB deposit ratio of financial institutions was 47.7%, a decrease of 0.2 percentage points from the end of April.

New momentum of economic development is strong. The production of new industries has maintained rapid growth. In May, the added value of high -tech manufacturing industries above designated size in the city increased by 6.2%, 4.3 percentage points higher than the previous month. The new energy vehicle industry promotes green development. In May, the retail sales of new energy vehicles above the city's limit increased by 2.4%, which was 28.3 percentage points higher than the previous month. Innovation investment has increased significantly. From January to May, the city's industrial technology reform investment increased by 94.6%year-on-year, higher than the growth rate of 81.4 percentage points higher than the entire investment growth rate; The digital economy -related industries have developed steadily. From the perspective of industry, from January to May, the added value of computer, communications and other electronic equipment manufacturing in the city increased by 12.7%; from the perspective of the service industry, from January to April The income increased by 7.8%year -on -year, driving an increase of 1.2 percentage points of the service industry above the city.

Residents' consumer prices remain stable. From January to May, the total level of consumer prices in the city rose 1.1%year-on-year. Among them, the consumer price level of urban residents rose 1.2%, and the consumer price level of rural residents rose 1.0%. In May, the consumer price of residents in the city rose 1.6%year -on -year. From the previous month, the price of eight major categories of goods and services consumed by residents showed a change of "one rising, one drop and six square meters". Communication prices rose 0.1%month -on -month. In general, as the epidemic prevention and control achieves staged results, stabilize economic policy and measures to continue to achieve effective results, and the city's economy maintains the development trend. In the next stage, we must thoroughly implement the spirit of stabilizing the country's large -scale market telephone conference and the province's spirit of stabilizing the economic promotion of growth, and maintain economic operation in a reasonable range. Based on the prevention and control of the normalized epidemic, make every effort to accelerate the progress of the work, accurately implement policies, innovate development, and strive to solve the difficulty of economic development, blocking points, and pain points, and take multiple measures to stabilize the basic people's livelihood. Restore and achieve new results.

Responsible editor: Wang Shidan | Audit: Li Zhen | Director: Wan Junwei

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