Press conference on Sichuan economic situation in the first half of 2014



 


  On July 21st, 2014, the Information Office of Sichuan Provincial People’s Government held a press conference on the economic situation in Sichuan in the first half of 2014. Xiong Jianzhong, spokesman of Sichuan Provincial Bureau of Statistics, made a press release. The full text is as follows:

Ladies and gentlemen, friends from the press,

  Good morning! Welcome to the press conference on Sichuan’s economic situation in the first half of the year.

  Since the beginning of this year, Sichuan has persisted in grasping the top priority of development and conscientiously implemented the measures of the central government to "stabilize growth, promote reform, adjust structure and benefit people’s livelihood". Although the province’s economy as a whole has continued its downward trend since last year, following the 8.1% economic growth in the first quarter, the growth rates of major economic indicators such as industry, investment, consumption and import and export have gradually picked up in the second quarter. In the first half of the year, the province’s economic operation was generally stable, showing a slow, stable and progressive trend.

  Approved by the National Bureau of Statistics, the province’s regional gross domestic product (GDP) in the first half of the year was 1,269.74 billion yuan, an increase of 8.5% year-on-year at comparable prices, and the growth rate was 1.1 percentage points higher than the national average. Among them, the added value of the primary industry was 132.66 billion yuan, an increase of 3.9%; The added value of the secondary industry was 708.82 billion yuan, an increase of 9.3%; The added value of the tertiary industry was 428.26 billion yuan, an increase of 8.5%.

  I. Agricultural production is stable

  Koharu’s grain output was 5.906 million tons, a year-on-year increase of 2.6%; The output of rapeseed was 2.318 million tons, an increase of 4.0%; The output of major livestock products such as pigs, cattle and sheep increased steadily, and the slaughter of pigs increased by 2.4% year-on-year; Cattle slaughter increased by 5.2%; Sheep slaughter increased by 3.3%.

  Second, the industrial growth rate rebounded month by month.

  In the first half of the year, the added value of industrial enterprises above designated size increased by 9.6% year-on-year, and the growth rate was 0.4 percentage points higher than that in the first quarter and 0.8 percentage points higher than the national average. Among them, the growth rate was 7.7% in February, 9.5% in March, 10.0% in April, 10.2% in May and 10.2% in June, showing a trend of monthly recovery. The production and sales rate of industrial enterprises above designated size was 96.9%, down 0.5 percentage points year-on-year.

  In terms of economic types, the added value of state-owned and state-controlled enterprises increased by 6.3% year-on-year, collective enterprises increased by 4.9%, joint-stock enterprises increased by 10.2%, and foreign-invested enterprises from Hong Kong, Macao and Taiwan increased by 15.6%.

  In terms of light and heavy industries, the added value of heavy industries increased by 10.3% year-on-year, while that of light industries increased by 8.3%.

  In terms of industries, the added value of petroleum processing, coking and nuclear fuel processing industries increased by 21.5% year-on-year, railway, shipbuilding, aerospace and other transportation equipment manufacturing industries increased by 20.6%, automobile manufacturing industry increased by 19.8%, computer, communication and other electronic equipment manufacturing industries increased by 19.0%, power and heat production and supply industries increased by 12.1%, ferrous metal smelting and rolling processing industries increased by 10.9%, and general equipment manufacturing industry increased by 9%. Chemical raw materials and chemical products manufacturing industry increased by 8.8%, agricultural and sideline food processing industry increased by 8.5%, wine, beverage and refined tea manufacturing industry increased by 7.5%, oil and natural gas mining industry increased by 5.2%, and coal mining and washing industry increased by 1.2%.

  In terms of products, the output of major industrial products increased well. Among them, raw coal increased by 5.7%, power generation increased by 24.8%, finished steel increased by 6.5%, polysilicon increased by 286.3%, agricultural film increased by 125.3%, liquor increased by 9.1%, room air conditioner increased by 58.4%, cement increased by 2.5%, automobile increased by 37.2%, railway locomotive increased by 537.5%, and computer machine increased by 33.

  From January to May, the main business income of industrial enterprises above designated size reached 1,536.02 billion yuan, up 8.0% year-on-year, and the growth rate was 6.4 percentage points lower than that of the same period last year. The total profit of industrial enterprises above designated size increased by 3.4%, the growth rate dropped by 10.5 percentage points year-on-year, but it rose by 2.6 percentage points from January to April.

  Third, steady growth of investment

  In the first half of the year, the investment in fixed assets of the whole society was 1,165.13 billion yuan, a year-on-year increase of 13.0%. Among them, investment in fixed assets (excluding investment by farmers) was 1,105.85 billion yuan, up by 17.3%.

  In terms of industries, the investment in the primary industry was 30.46 billion yuan, a year-on-year increase of 14.4%; The investment in the secondary industry was 363.60 billion yuan, up by 1.8%, and the growth rate dropped by 1.4 percentage points from January to May, of which industrial investment was 361.16 billion yuan, up by 2.3% year-on-year, and the growth rate dropped by 1 percentage point from January to May. The investment in tertiary industry was 771.06 billion yuan, up by 19.2%.

  Judging from the funds in place, the investment funds in place were 1,342.90 billion yuan, a year-on-year increase of 13.8%. Among them, the state budget funds decreased by 19.8%, the utilization of foreign capital decreased by 38.8%, self-raised funds increased by 19.4%, domestic loans decreased by 3.1%, and other sources of funds increased by 21.2%.

  From the perspective of real estate development, the investment in real estate development was 210.72 billion yuan, a year-on-year increase of 15.5%, and the growth rate was 0.4 percentage points higher than that in January-May. The construction area of commercial housing was 294.687 million square meters, an increase of 10.7%; The completed area of commercial housing was 21.543 million square meters, an increase of 1.4%; The sales area of commercial housing was 32.103 million square meters, up by 1.3%.

  Fourth, the growth of the consumer market is stable

  In the first half of this year, the total retail sales of social consumer goods was 551.72 billion yuan, up 13.0% year-on-year, and the growth rate was 0.3 percentage points higher than that in the first quarter. The monthly growth rate of total retail sales of social consumer goods rose steadily from 10.6% in February this year to 13.5% in June.

  According to the location of business units, the retail sales of cities and towns reached 444.72 billion yuan, a year-on-year increase of 12.7%; The retail sales in rural markets reached 107.01 billion yuan, up by 14.2%.

  According to consumption patterns, catering revenue was 76.97 billion yuan, up 10.2% year-on-year; Retail sales of commodities reached 474.75 billion yuan, up by 13.5%. In the retail sales of commodities, the retail sales of enterprises (units) above designated size reached 269.91 billion yuan, an increase of 13.4%.

  In terms of hot commodities, the retail sales of grain, oil, food, beverages, tobacco and alcohol increased by 19.1% year-on-year, cosmetics increased by 14.9%, daily necessities increased by 11.8%, books, newspapers and magazines increased by 21.5%, household appliances and audio-visual equipment increased by 11.5%, Chinese and western medicines increased by 15.4%, furniture increased by 20.3%, petroleum and products increased by 5.3%, and construction.

  V. Increase in export growth

  In the first half of the year, the total import and export volume of foreign trade was US$ 33.69 billion, up 12.5% year-on-year, and the growth rate was 11.3 percentage points higher than the national average. Among them, the export volume was US$ 21.91 billion, up by 11.9%, and the growth rate was 11 percentage points higher than the national average. The import value was US$ 11.78 billion, up by 13.7%.

  Sixth, the market price is generally stable

  In the first half of the year, the overall consumer price level (CPI) rose by 1.9% year-on-year, which was 0.7 percentage points lower than that of the same period last year. The prices of eight categories of goods and services showed a "seven-up and one-down", in which the prices of food rose by 2.3%, housing by 2.5%, clothing by 3.8% and tobacco and alcohol by 1.2%. In June, CPI rose by 2.1% year-on-year, which was 0.2 percentage points lower than the national average.

  In the first half of the year, the ex-factory price (PPI) of industrial producers decreased by 0.9% year-on-year, and the purchase price (IPI) of industrial producers decreased by 1.2%. Among them, PPI decreased by 1.0% and IPI decreased by 0.4% in June.

  Seven, urban and rural residents income faster.

  In the first half of the year, the per capita disposable income of urban residents was 12,842 yuan, up 9.7% year-on-year, and the growth rate was 0.1 percentage point higher than the national average. The per capita cash income of farmers was 5,411 yuan, an increase of 12.3%, which was 0.3 percentage points higher than the national average.

  Generally speaking, the province’s economic operation was normal in the first half of the year, but problems such as insufficient market demand and obvious decline in industrial benefits can not be ignored, and it is still difficult and difficult to consolidate and stabilize the foundation of economic growth. In the second half of the year, the whole province still needs to adhere to the 16 measures of the provincial government to "stabilize growth" and strive to promote the steady and rapid growth of the province’s economy.





 


  Note: 1. The regional GDP, the added value of industrial enterprises above designated size and the total amount of classified items are calculated at current prices, and the growth rate is calculated at comparable prices; Other indicators are calculated at current prices unless otherwise specified.

  2. Due to rounding, some data are different in total and sub-total.