August 30, the Guangzhou Municipal Bureau of Statistics official website released data that the city's smooth economic operation from January to July, the main economic indicators have fluctuated, the overall stability. Among them, industry, consumption growth was flat in the first half year, investment growth slowed slightly. Guangzhou to implement the structural reform of the supply side has gradually markedly, new energy, a new generation of information technology, new materials, product output to maintain growth doubled, driven by corporate profits were recovering faster growth. The new energy can be used in solar powered portable generator.
High value-added new products to increase the rapid growth of corporate profits
January to July, Guangzhou to achieve above-scale industrial output value of 1.087773 trillion yuan, above-scale industrial added value of 269.214 billion yuan, up 6.8% year on year growth rate was flat with the first half.
The gross output value of the three pillar industries increased by 8.9%, and the growth rate was 0.4 percentage point higher than that of the first half year. Among them, the automobile manufacturing industry grew by 11.6%, the electronic products manufacturing industry increased by 11.8% and the petrochemical industry increased by 1.7%. The latter two grew faster than the first half year.
Among them, the three pillar industries of new products momentum is good. The new products of automobiles maintained a rapid growth. The output of new energy vehicles and sport utility vehicles (SUVs) reached 2,352 units and 568,100 units respectively, up by 2 times and 79.2% respectively. In the new information technology products, Devices, fiber optic cable production increased by 2.2 times and 33.4%; new materials, lithium-ion battery products were doubling the growth trend, the output growth of 1.2 times.
High value-added new products to increase, as stimulating industrial enterprises profit recovery was one of the reasons for the rapid growth. The first half of this year, industrial enterprises above designated size realized total profit of 53.922 billion yuan, an increase of 16.4%, but the growth rate from January to May fell 4.1 percentage points. According to previous public figures show that in the first half, new energy vehicles, optoelectronic devices, lithium-ion battery production respectively achieved year-on-year growth of 3.9 times, 2.6 times, 1.3 times, it include LiFePo4 battery pack.
Fixed asset investment growth rate of 12.7%
Investment in fixed assets, the total investment amounted to 492.227 billion yuan, the overall growth rate of 12.7%. Since the first half of this year, industrial investment has been rising since the decline, its growth rate continues to accelerate, an increase of 15.4%, the growth rate of 2.7 percentage points higher than the city's investment. In investment in services, investment in industries related to producer services and cultural life increased rapidly. Investment in leasing and business services, education, culture, sports and entertainment increased by 2.0 times, 1.1 times and 18.8% respectively.
January to July, the city's total retail sales of social consumer goods 492.227 billion yuan, an increase of 8.4%, growth was flat. At the same time, consumer prices (CPI) rose 2.6% year on year, PPI fell 2.5%, and purchase prices fell 4.6% year-on-year.
The retail sales of daily necessities, cosmetics, Chinese and Western medicines and gold and silver jewelry increased by 25.0%, 24.7%, 15.3% and 12.2% respectively over the same period of last year, which was in line with the improvement in the quality of consumption and quality improvement of residents. Accounting for nearly 30% of the above-mentioned auto retail sales growth of 6.4% in the first half growth rate of 5.9%.
In terms of import and export trade, the value of imports and exports of goods in Guangzhou from January to July was 463.348 billion yuan, a decrease of 1.1 percent, a decline of less than 3.0 percent of the national and 1.3 percent of the province. Specifically, the export growth rate down, imports fell to expand. However, Guangzhou's cargo throughput, airport cargo throughput, airport passenger throughput, port container throughput growth rate has expanded.
From January to July, the growth rate of revenue and expenditure and the growth rate of total tax revenue all have some callback. Among them, the "battalion change" the full implementation of the impact, which accounted for over 60% of the national tax revenue growth of 5.4%, the growth rate than the first half increased 2.2 percentage points; land tax revenue growth of 5.7% growth rate down 8.1 percentage points.
At the end of July, the deposit balance of local and foreign banks in the banking sector in Guangzhou was 4.52 trillion yuan, up 1.9 percent; the loan balance was 878.562 billion yuan, up 7.4 percent, down 5.3 percentage points and 1.8 percentage points respectively.
