Ningbo's economy maintains a stable trend,
- Details
- Category: Governmental News
- Published: Wednesday, 04 September 2024 13:27
and industrial and commercial trade continues to rise in July
On the afternoon of August 19th, the Municipal Bureau of Statistics released economic data on Ningbo. In July, Ningbo's economy maintained a stable trend. In the first seven months, development data in industries, commerce, foreign trade and other fields continued to "rise", and high-quality development entered the "fast lane".
The manufacturing industry is the cornerstone of Ningbo's economic development.
In July, Ningbo's industrial production grew steadily, with strong support from key industries. The added value of industrial enterprises above designated size in the city increased by 6.3% year-on-year, with 1.5 percentage points faster than last month.
From January to July, the added value above designated size increased by 7.8%.
It is worth mentioning that key industries have strong support. Among the 36 major industries, 26 industries have achieved growth in added value, with a growth rate of 72.2%. Nine out of the top ten industries in terms of added value scale have maintained growth and one decreased. The added value of industries such as automobile manufacturing, metal products, and computer communication electronics increased by 21.1%, 16.2%, and 9.3% respectively, driving a total increase of 6.4 percentage points in added value above designated size.
The emerging industries has seen a sound growth, with the added value of high-end equipment, strategic emerging industries, artificial intelligence and other large-scale manufacturing industries increasing by 13.2%, 13.1%, and 12.1% respectively.
The commodity trade has seen a significant rebound, and the financial industry is operating steadily.
In July, the sales of goods above designated size in the city increased by 19.4% year-on-year, with a growth rate 12.7 percentage points higher than the previous month.
From January to July, sales of goods above designated size increased by 16.7%, with metal materials and chemical materials and products increasing by 19.6% and 30.6% respectively.
The cargo throughput of Ningbo Zhoushan Port reached 820 million tons, up by 3.9%, of which the cargo throughput of Ningbo Port was 406 million tons, up by 2.8%; The container throughput of Ningbo Zhoushan Port amounted to 22.517 million TEUs, up by 7.9%, of which the container throughput of Ningbo Port was 20.576 million TEUs, an increase of 8.4%.
At the end of July, the balance of domestic and foreign currency deposits of financial institutions in Ningbo was 3.58 trillion yuan, and the balance of loans was 4.17 trillion yuan, up by 6.2% and 13.4% respectively.
Three major industries continue to exert force.
Among them, the scale of fixed assets investment was expanded.
From January to July, the city's fixed assets investment increased by 2.7% year on year, of which the project investment increased by 10.5%.
In terms of investment composition, infrastructure investment increased by 22.1%, with a growth rate 2.3 percentage points higher than the first half of the year, including a 40.9% increase in transportation investment; Manufacturing investment increased by 3.8%; Real estate development investment decreased by 6.9%. The sales area of commercial housing in the city was 4.395 million square meters, a decrease of 23.2%.
In terms of the consumer market, it is running smoothly.
From January to July, the total retail sales of consumer goods in the city reached 290.39 billion yuan, a year-on-year increase of 2.8%, of which the total retail sales of consumer goods above the limit increased by 0.6%.
Digital consumption remains active, with retail sales of goods achieved by units above the quota through public networks reaching 42.34 billion yuan, an increase of 19.9%, which is 19.3 percentage points higher than the retail sales of units above the quota;
From the perspective of major product categories above the quota, the retail sales of new energy vehicles, wearable smart devices, smartphones and other goods are all showing an increasing trend.
In terms of foreign trade imports and exports, there has been rapid growth.
In July, the city's imports and exports reached a record high of 125.68 billion yuan, with a year-on-year increase of 19.6% and a growth rate 9.0 percentage points higher than the previous month. Among them, exports reached 82.71 billion yuan, an increase of 14.4%.
In the first seven months, imports and exports amounted to 806.85 billion yuan, an increase of 10.9%. Among them, exports amounted to 528.01 billion yuan, an increase of 10.6%; Imports amounted to 278.84 billion yuan, an increase of 11.6%.
Private enterprises have made outstanding contributions, achieving an import and export of 609.98 billion yuan, an increase of 12.3%, accounting for 75.6% of the city's total import and export volume, an increase of 0.9 percentage points compared to the same period last year.
In addition, there has been a moderate increase in consumer prices for residents.
In July, the consumer price index for urban residents increased by 1.0% year-on-year, an increase of 0.3 percentage points compared to the previous month; The monthly increase was 0.6%. From January to July, the consumer prices of urban residents increased by 0.4% year-on-year, with food prices decreasing by 1.9% year-on-year and clothing prices increasing by 0.6% year-on-year
