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Category: Governmental News
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Published: Wednesday, 02 May 2012 09:17
According to the quarterly statistics of economy of Ningbo, it is preliminarily estimated that the GDP amounts to 129.02 billion yuan. Calculated by comparable price, the GDP increases by 7% over the same period of last year, with the growth rate 3.4 points lower than the same period of the last year. An analysis of Ningbo Statistics Bureau shows that despite the impact of the insufficient demand and internal adjustment and the pressure from economic decline, Ningbo is maintaining a gradual recovery of its economy.
The income of citizens grows faster than that of GDP.
In the first quarter of this year, the income of urban and rural residents grows faster than that of GDP. The statistics show that the urban per capita disposable income reaches 12,302 yuan, 13.0% more than the previous year. On inflation-adjusted basis, the income rises by 10.2%. The per capital cash income of the rural residents reaches 6,676 yuan, 13.5% more than same period of the previous year. In real terms, the income rises by 9.3%.
An analysis of Ningbo Statistics Bureau shows that the wage income and transfer-payment income are still the major source of the growth of the income of urban residents. The growth of the income of rural residents is mainly attributed to the considerable growth of the old-age pension, stock interest and rental income. The growth rate of these non-productive incomes is as high as 21.2%.
The slowing down growth of CPI and notable price reduction of houses.
In the first quarter of this year, the CPI increases by 2.5% against the same period of the proceeding year. It drops by 3.1 and 2.8 against the same period of the previous year and the average of the year.
Thanks to the control policies by the central government on the real estate market, the house price is declining in the first quarter this year. According to the State Statistics Bureau's report of the price movement of houses of 70 cities in March, the price of new houses and that of second-hand houses drop respectively by 1.7% and 0.4% on the monthly base. And on the yearly base, the prices drop by 3.2% and 4% respectively, a record fall this year
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Category: Governmental News
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Published: Wednesday, 02 May 2012 09:17
According to statistics released by Ningbo Statistics Bureau about the economic operation of Ningbo in the first quarter this year, in the severe situation home and abroad, Ningbo is taking take resolute and daring action to deal with the international financial crisis and to ensure the steady development in the future.
The economic decline at the end of the last year affected the industry of Ningbo this year. In the first quarter of this year, the GDP of large industrial enterprises amounted to 260.56 billion yuan, leveling the same period of the previous year with the growth rate 27.6 points lower than the same period of the last year.
However, on the monthly base, there is a growth of major economic indexes.
In the first three months, the growth rate of large industrial enterprises reaches 3.3 points. In March, the gross output of large industrial enterprises reaches 103.39 billion yuan, 5.3% more than the same period in the previous year. and 4.7%% more than the average monthly output of the previous year. This indicates that the monthly output has resumed the high level of the last year.
Besides, the total added value of the large industrial enterprises amounted to 47.65 billion yuan, increased by 28.% over the precious year and 4.5 points higher than the first two month this year. In the same three month, the reduction rate of profit and that of profit tax drop by 7.9 and 0.6 points respectively.
Tang Baisheng, General Statistian of Ningbo Statistics Bureau said, "The drop of the reduction rates is confirmed by the drop of industrial power consumption. In the first quarter, the industrial power consumption drops by 1.1% over the same period of last year, with the growth rate 13.2 points lower than the same period of the last year but slightly higher than January and February. Taking the manufacturing industries as an example, the power consumption drops by 3.6% over the same period of last year but in March the power consumption rises by 5.1 points against January and February."
Foreign trade is recovering, though not very fast. In the first quarter, the total import and export volume reaches $22.29 billion US dollars, increased by 19.% over the precious year and 2.5 points higher than the first two months this year. Of the total, the export reaches 13.3 billion, increased by 4.8%.
In particular, the export in March rises by 10.9%, 2 points higher than the average growth rate of the country.
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Category: Ningbo Business
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Published: Wednesday, 02 May 2012 09:16
Ningbo is maintaining a good momentum of growth in the combined sea and railway transport, especially the container transport market out of Zhejiang. According to statistics from Ningbo Customs, in the first quarter of this year, the combined sea and railway transport via Ningbo customs reaches 6,466 TEUs, including 4,642 ones from other provinces, which accounts from over 70% of the total and increases by 80% year on year.
Jiangxi Province is now the largest market of Ningbo for the combined sea and railway transport. In the first quarter of this year, Ningbo handled 4,632 TEUs from many cities of Jiangxi Province like Nanchang, Yingtan, Shangrao, Xinyu, Jingdezhen and Pingxiang. "The combined sea and railway transport can cut the cost for about 500 yuan for each container. In the economic depression on the international market, it can make us more competitive," said Wei Li'na, Manager of Jiangxi Zhongjie Kitchenware Company. In the first three months, she company exported 50 containers of goods through the combined sea and train transport, an increase of 32% year on year.
To promote the combined sea and railway transport, Ningbo Customs has strengthened the coordination with customs of other cities and it offers speedy customs clearance services of "one-stop declaration", "one-stop inspection", and "one-stop release." According to Xu Danli, director of the logistic monitoring center of Ningbo Customs, the customs clearance takes only five minutes on average for each parcel lot at Ningbo Customs.