In the first quarter, Chongqing’s economic operation continued its good momentum and achieved a “good start”. On April 20, a press conference on Chongqing’s economic operation in the first quarter of 2021 was held. The reporter learned on the spot that according to the unified calculation results of regional GDP, in the first quarter, the city achieved a regional GDP (GDP) of 599.525 billion yuan, year-on-year An increase of 18.4%, an average increase of 5.2% in two years. The per capita disposable income of residents in the city was 9,603 yuan, a year-on-year increase of 13.2%. Among them, the per capita disposable income of urban permanent residents reached 12,462 yuan, a year-on-year increase of 11.7%; the per capita disposable income of rural residents reached 5,149 yuan, a year-on-year increase of 16.4%. The ratio of per capita disposable income of urban and rural residents was 2.42, a decrease of 0.1 compared with the same period last year.
investment:
new kinetic energy investment has grown rapidly, and investment in high-tech manufacturing increased by 31.3% year-on-year
Data show that in the first quarter, Chongqing’s first, second, and third industries achieved a year-on-year increase of 10.5% respectively , 24.7%, 15.5%.
As an important driving force for economic growth, the city's fixed asset investment recovered steadily in the first quarter, and new kinetic energy investment grew rapidly.
data shows that in the first quarter, the city's fixed asset investment increased by 13.8% year-on-year, down 4.5% from the first quarter of 2019, and dropped by an average of 2.3% over the two years. Among them, infrastructure investment increased by 12.0%, a decrease of 4.7% from the first quarter of 2019, and an average drop of 2.4% in two years; industrial investment increased by 14.2%, a decrease of 9.8% from the first quarter of 2019, and an average decrease of 5.0% in two years; real estate development investment An increase of 15.3%, an increase of 0.4% compared to the first quarter of 2019, and an average growth of 0.2% in two years. The overall investment has maintained a steady growth.
It is worth mentioning that in the first quarter, the city's high-tech manufacturing investment increased by 31.3% year-on-year, 18.3 percentage points higher than the manufacturing investment growth rate, accounting for 31.7% of manufacturing investment, an increase of 4.4 percentage points from the same period last year; Spurred manufacturing investment growth by 8.5 percentage points, contributing 66.0% to the growth rate,Become the main driving force supporting the growth of manufacturing investment.
Among them, the investment in the electronics and communication equipment manufacturing industry increased by 42.2% year-on-year; the investment in the computer and office equipment manufacturing industry increased by 21.6% year-on-year; the investment in the medical equipment and instrumentation manufacturing industry increased by 75.2% year-on-year.
Industry:
Emerging momentum has developed strongly, and the added value of new industries increased by 43.4% year-on-year
In the first quarter, the city’s industrial economy performed brilliantly: the city’s industrial value added increased by 35.4% over the previous year. This represents an increase of 21.0% over the first quarter of 2019, and an average increase of 10.0% over the two years.
Among them, the manufacturing industry increased by 39.4% year-on-year, becoming the biggest bright spot, which is manifested in four aspects.
First, the industry is synergistically exerting strength, and the supporting role of the leading industry is prominent. In the first quarter, automobile manufacturing, computer, communications and other electronic equipment manufacturing industries led the city’s industrial development, with year-on-year growth rates of 60.9% and 53.3% respectively. From the perspective of pillar industries, the added value of the city’s automobile and motorcycle industry increased by 55.3% year-on-year, and the growth rate was 47.9 percentage points higher than that of the entire year of 2020. It drove the city’s planned industrial growth by 9.1 percentage points and was the first driving force for the city’s growth. Among them, the automobile industry A year-on-year increase of 60.9%, driving the city's growth by 7.8%. The added value of the electronics industry increased by 56.3% year-on-year, which drove the city's growth by 8.8 percentage points and was the second driving force for the city's growth. The added value of the materials industry, equipment industry, and consumer goods industry increased by 32.4%, 39.4%, and 22.2% respectively year-on-year.
The second is the expansion of product growth and the rapid growth of physical volume. In the first quarter, the output of 300 of the 384 industrial products produced in the city achieved an increase, with an increase of 78.1%, an increase of 23.9 percentage points over the entire year of last year. Among the key products, automobile production reached 494,900 units, a year-on-year increase of 1.2 times, including 17,100 new energy vehicles, an increase of 6.8 times, SUVs 253,600 units, an increase of 1.1 times; computer production reached 24,329,600 units, a year-on-year increase of 88.5 %; 26.209 million smart phones,An increase of 1.9 times; 90,074,500 LCD screens, an increase of 60.0%.
Third, emerging momentum is developing strongly, leading the high-quality development of the manufacturing industry. The added value of high-tech and strategic emerging industries increased by 49.1% and 43.4% respectively, driving the city's planned industrial growth by 9.1 and 11.8 percentage points, accounting for 20.2% and 29.1% of the planned industrial sector, respectively, accounting for an increase of 1.1% compared to last year. percentage point. The growth of emerging products is strong. The output of new products such as optical cables, industrial robots, lithium-ion batteries, service robots, and integrated circuits has grown rapidly.
Fourth, corporate profits have improved significantly, and total profits have increased significantly. From January to February, the city's regulated manufacturing enterprises realized a total profit of 19.252 billion yuan, a year-on-year increase of 5.3 times. The unit cost of enterprises has declined. The cost per hundred yuan of operating income of manufacturing enterprises above designated size is 85.13 yuan, a decrease of 0.21 yuan over the same period.
Xiang Tielin, deputy director of the Chongqing Bureau of Statistics, said that the city’s manufacturing industry maintained rapid growth in the first quarter, mainly due to three supporting factors: first, the automobile industry continued to maintain rapid growth due to the low base in the same period; second, steel and cement The rise in the prices of other raw materials has promoted the continued rapid growth of industries such as ferrous metals and non-metal products. Third, the production and sales of the electronics industry are booming and continue to improve.
service industry:
The modern service industry has grown rapidly, and the "Internet +" and information technology services have increased significantly
In the first quarter, the added value of the city's tertiary industry increased by 15.5% year-on-year, a two-year average An increase of 5.6%, of which the financial industry increased by 5.0%, an average growth of 4.8% in two years.
From January to February, the city's service industry enterprises above designated size achieved operating income of 72.104 billion yuan, a year-on-year increase of 47.0%, and an average growth of 12.0% in two years; operating profit was 5.713 billion yuan, an increase of 5.883 billion compared to the same period in 2020 and 2019. Yuan, 2.723 billion yuan.
The main sectors of the service industry are operating stably. The transportation industry continued to recover steadily, and the volume of cargo transportation increased rapidly. In the first quarter, the city's cargo transportation increased by an average of 11.0% in two years.The operation of the financial industry was generally stable. Deposits and loans maintained steady growth. At the end of March, the balance of RMB deposits and loans of financial institutions increased by 6.4% and 13.7% on average over two years. The growth of the commercial and trade circulation industry accelerated. In the first quarter, the city's total sales of wholesale and retail products, and the turnover of the accommodation and catering industry increased by an average of 12.1% and 5.9% in two years.
It is worth mentioning that in the first quarter, the city's "Internet +" and information technology services increased significantly. From January to February, the operating income of enterprises in the Internet and related services, software and information technology service industries increased by 50.4% and 80.1% year-on-year, respectively, and the growth rate was 3.4 and 33.1 percentage points faster than that of the enterprises in the planned service industry, driving the city’s regulatory approval. The service industry grew by 1.7 and 7.6 percentage points. From January to February, the total completed telecommunications business totaled 60.69 billion yuan, a year-on-year increase of 32.7%. The city's cumulative mobile Internet traffic reached 73,300 GB, a year-on-year increase of 37.5%.
Xiang Tielin said that in the first quarter, the city’s service industry developed faster than the overall economy and contributed 50.6% to the national economic growth. Judging from the above situation, the city’s service industry economy has started well and started well in the first quarter. In the next stage, the positive factors for the sustained and stable recovery of the service industry economy will continue to increase.
consumption:
The market recovered steadily, and service consumption accelerated
In the first quarter, the Chongqing consumer market recovered steadily. The city's total retail sales of consumer goods reached 337.880 billion yuan, a year-on-year increase of 41.7%, an increase of 15.4% over the first quarter of 2019, and an average increase of 7.4% over the two years. By business location, the retail sales of urban consumer goods was 292.502 billion yuan, a year-on-year increase of 41.9%; the retail sales of rural consumer goods was 45.378 billion yuan, a year-on-year increase of 40.4%.
As the situation of epidemic prevention and control improves, service consumption growth accelerates. In the first quarter, catering revenue increased by 71.2% year-on-year; from January to February, the operating income of film screening companies above designated size in the city increased by 128.4% year-on-year, the operating income of tourist attractions management units increased by 86.8% year-on-year, and the operating income of fitness and leisure activities units increased by 84.8% year-on-year.
Xiang Tielin's interpretation said,In the first quarter of the city’s consumer market, there were three major characteristics: First, the recovery of commodity sales accelerated, and catering consumption has not yet recovered to the level before the epidemic; second, the recovery of optional consumption under the consumption upgrade trend is relatively good, such as automobile consumption, construction materials , Home appliances, furniture and other real estate consumption, sports and entertainment products, gold and silver jewelry and other consumption upgrades, as well as cultural and office consumption related to the "home economy", etc. The average growth rate of the two years has exceeded the growth in the same period in 2019. Thirdly, online retail sales maintained relatively rapid growth, with physical stores showing a recovery growth. In the first quarter, online retail sales of physical goods increased by an average of 20.1% in two years.
Xiang Tielin said that in the next stage, with the further expansion of domestic vaccination coverage, the consumption environment will be significantly improved, which will lead to a rise in consumer confidence, and consumption scenarios and contact service consumption are expected to be released quickly. In addition, the profits of the real economy have generally improved recently, which has led to an increase in residents’ income, which will further enhance residents’ spending power.
Upstream News·Chongqing Commercial Daily reporter Sun Qiongying
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