On December 4, Xuzhou, Jiangsu Province, released the economic operation of Xuzhou from January to October 2023. According to the document, from January to October, the output of new energy products such as photovoltaic cells and polysilicon in Xuzhou increased by 278.3% and 11.6% respectively. Since the beginning of
this year, under the correct leadership of the Municipal Party Committee and the Municipal Government, the whole city has deeply studied and implemented the spirit of General Secretary Xi Jinping's important speech on Jiangsu's work, and in accordance with the work plan of the Provincial Party Committee and the Provincial Government, anchored the goal and pressed ahead. Promote the sustained recovery of economic operation. In October, the city's economy continued to recover steadily, industrial production accelerated, market consumption accelerated, business confidence improved, economic vitality enhanced, and the overall economic operation improved.
1. Industrial production increased steadily, and key industries operated
steadily. In October, the added value of industries above designated size in the whole city increased by 11.5% year-on-year, 0.7 percentage points higher than that in September; from January to October, it increased by 8.4% accumulatively, 0.3 percentage points higher than that in the first three quarters. From the perspective of economic types, from January to October, the added value of state-owned holding enterprises increased by 2.2%, that of joint-stock enterprises increased by 13.0%, that of foreign and Hong Kong, Macao and Taiwan-invested enterprises decreased by 19.3%, and that of private enterprises increased by 17.7%. In terms of the three categories, the added value of the mining industry increased by 9.4%; the manufacturing industry increased by 8.4%; and the production and supply of electricity, heat, gas and water increased by 7.2%. From the perspective of "343" innovative industrial clusters, the ten industries have "seven rises and three falls". Except for the decline in the output value of construction machinery, medicine and health, and new materials industries, the other seven clusters have maintained growth, among which the output value of green low-carbon energy, safety emergency and high-end textile industries has increased by 10.7%, 10.6% and 35.4%, respectively. From the perspective of product output, the output of light textile products such as yarn and clothing increased by 10.3% and 4.0% respectively; the output of building materials and petrochemical products such as cement and aluminum increased by 0.6% and 12.3% respectively; the output of new energy products such as solar cells (photovoltaic cells) and polysilicon increased by 278.3% and 11.6% respectively; The output of mechanical and electrical products such as cranes and excavators decreased by 5.3% and 27.8% respectively.
2. Investment in fixed assets remained stable, with strong
support from industrial investment. From January to October, the investment in fixed assets of the whole city increased by 6.5% over the same period last year, of which private investment increased by 10.7%. In terms of industries, investment in the primary industry increased by 69.7%. Investment in the secondary industry increased by 13.3%, of which industrial investment increased by 13.3% and manufacturing investment increased by 12.3%. Investment in the tertiary industry decreased by 4.0%, of which real estate investment increased by 0.9%. From the perspective of investment in emerging areas, the city's investment in high-tech industries increased by 23.0%; investment in high-tech manufacturing industry increased by 27.9%, of which the pharmaceutical manufacturing industry and the electronic and communication equipment manufacturing industry increased by 20.7% and 36.8% respectively.
In October, the total retail sales of social consumer goods in the whole city increased by 4.6% year-on-year, 1.0 percentage point higher than that in September. From January to October, the total retail sales of social consumer goods in the whole city reached 373.822 billion yuan, an increase of 8.0%. From the perspective of commodity sales, among the commodities sold by units above the quota in the city, clothing, shoes and hats, daily necessities and other daily necessities increased by 19.3% and 21.3% respectively, while petroleum and products, automobiles and other travel commodities increased by 7.1% and 10.3% respectively. From the perspective of online retail, the city's retail sales through public networks increased by 16.9%, accounting for 13.5% of the total retail sales, an increase of 0.4 percentage points over the same period last year.
From January to October, the total import and export volume of the city was 99.299 billion yuan, down 3.4% from the same period last year. The export volume was 81.850 billion yuan, down by 6.5%, and the import volume was 17.449 billion yuan, up by 14.2%. From the perspective of trade mode, the city's general trade imports and exports amounted to 70.965 billion yuan, accounting for 71.5% of the total imports and exports. From the perspective of major products, the import and export of high-tech products increased by 20.3%, while the import and export of iron and steel, textile raw materials and textile products increased by 21.1% and 8.1% respectively. From the perspective of trade market, the import and export volume of countries and regions along the "the Belt and Road" increased by 7.7%, accounting for 46.1% of the total import and export volume of the city. At the end of
October, the balance of RMB deposits and loans of financial institutions in the whole city reached 157 million yuan in 11523 and 86 million yuan in 10666, up 9.3% and 15.8% respectively from the same period last year. In terms of loan maturity, short-term loans amounted to 306.591 billion yuan, up 24.4%; medium- and long-term loans amounted to 695.669 billion yuan, up 14.8%. According to the investment direction of loans, the investment in manufacturing, wholesale and retail, accommodation and catering, and real estate increased by 17.3%, 22.2%, 34.1% and 11.3%, respectively. The investment in leasing and business services, scientific research and technology services increased by 20.0% and 47.9%, respectively.
Five, consumer prices rose slightly, industrial prices rebounded
in October, the city's consumer prices were flat year-on-year. In October, the prices of eight categories of commodities in the city rose by 3.0%, 0.6%, 0.6%, 1.3%, 1.7% and 4.6%, respectively, compared with the same period last year. The prices of food, tobacco, alcohol, transportation and communication dropped by 1.6% and 1.7% respectively. Among food commodities, the prices of edible oil, poultry meat, aquatic products, dried and fresh melons and fruits increased by 0.8%, 0.7%, 1.5% and 0.4% respectively, while the prices of grain, vegetables, livestock meat and eggs decreased by 2.7%, 0.8%, 16.1% and 10.5% respectively. From January to October, consumer prices rose by 0.6%.
In October, the factory price of industrial producers in the whole city dropped by 5.3% year-on-year and rose by 0.2% month-on-month; the purchase price dropped by 3.1% year-on-year and rose by 0.5% month-on-month. From January to October, the ex-factory price of industrial producers in the whole city dropped by 3.7% and the purchase price dropped by 8.0%.
From the perspective of new market entities, from January to October, 142,800 new market entities were registered in the city, an increase of 5.2% over the same period last year. Among them, 47,700 were newly registered enterprises, an increase of 9.4%; 94,800 were newly registered individual businesses, an increase of 3.1%. From the perspective of the express industry, from January to October, the city's express business revenue was 4.032 billion yuan, an increase of 23.2%; the volume of express business was 551 million pieces, an increase of 32.1%. From the perspective of employment, 68900 new jobs were created in the whole city from January to October, an increase of 2.7%.
Generally speaking, in October, the city's economy continued to recover, and the overall economic operation was stable. However, we should also see that there are still many uncertainties in external instability, effective demand is still insufficient, and the foundation for economic recovery still needs to be consolidated. In the next stage, we should adhere to the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, study and implement the important guiding spirit of the important speeches made by the General Secretary of the 20th National Congress of the CPC and Xi Jinping on Jiangsu's work, adhere to the principle of stability and progress, further stimulate market vitality, attract projects, activate effective demand, boost confidence in development and improve people's livelihood. We will make every effort to promote the effectiveness of various policies and strive to achieve the economic and social development goals throughout the year.
Notes:
(1) The growth rate of industrial added value above designated size and its classified items is calculated at comparable prices, which is the actual growth rate; other indicators are calculated at current prices, which is the nominal growth rate unless otherwise specified.
(2) The statistical scope of industries above designated size is industrial enterprises with annual main business income of 20 million yuan or more.
(3) The statistical scope of the total retail sales of social consumer goods is: corporate enterprises, industrial activity units and individual households engaged in commodity retail activities or providing catering services. Among them, units above the quota refer to wholesale enterprises (units) with annual main business income of 20 million yuan or more, retail enterprises (units) with annual main business income of 5 million yuan or more, accommodation and catering enterprises (units) with annual main business income of 2 million yuan or more.
Online retail sales refer to the sum of retail sales of goods and services realized through public online trading platforms (including self-built websites and third-party platforms). Goods and services include physical goods and non-physical goods (such as virtual goods, service goods, etc.). Total retail sales of
consumer goods include online retail sales of physical goods, excluding online retail sales of non-physical goods.
(4) Financial deposit and loan data come from Xuzhou Central Branch of the People's Bank of China, foreign trade data come from Xuzhou Customs, employment data come from the Municipal People's Social Bureau, loan investment data come from Xuzhou Banking and Insurance Regulatory Bureau, consumer price and industrial production price data come from Xuzhou Investigation Team of the National Bureau of Statistics, and newly registered industrial and commercial enterprises. Other data are from the Municipal Bureau of Statistics.
(5) Due to rounding, the total of some data is not equal to the total of sub-items.
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