Good Start of National Economic Performance
in the First Quarter of this year
the first quarter of this year, the main features of national
economic performance are:
I. National economic growth kept fast
to preliminary estimation, in the first quarter of this year,
the gross domestic product reached 2102 billion yuan, up 7.6%
over the same period last year at comparable prices. It was 0.3
percentage points higher than that in the last quarter of the
previous year. Of which, the value-added of the primary industry
was 159.2 billion yuan, up by 3.3% over the same period of last
year, that of the secondary industry reached 1155.2 billion yuan,
up 9.3%, and that of the tertiary industry was 787.7, up 6.2%
over the same period of last year.
II. Planting structure of farm crops
was further improved.
to the survey on rural households planting intention, the planting
areas of farm crops would be 1.06 billion hectares, increased
0.3% over the previous year. Of which, the planting areas for
oil-bearing crops were up by 4.3% over the previous year, that
of sugar crops were up 10.3%, and that of vegetables increased.3.8%.
III. industrial production kept fast
the first quarter, the total complete value-added of industrial
production was 649.4 billion yuan, up 10.9% over the same period
last year. Of which, the value-added of state-owned and state
holding enterprises was 357.8 billion yuan, up 8.7%, that of collective
enterprises was 56.9 billion yuan, up 8.3%, and that of enterprises
funded by foreign and overseas Chinese from Hong Kong, Macao &Taiwan
163.6 billion yuan, up 10.5%..
of industrial products continued to be brisk, with sales ratio
IV. The investment in fixed assets
Due to the domino effect of
the policy of issuing state treasury bonds and enlarging investment,
investment in fixed assets kept steady growth though the base
figure was quite high. In the first quarter, total investment
in fixed assets was 326.37 billion yuan, up 26.1% over the same
period last year. Of which, the investment in capital construction
was 162.43 billion yuan, up 20.6%, that of technical innovation
was 58.04 billion yuan, up 22.8% and that of real estate was 92.24
billion yuan, up 36.2%.
V. The growth of market sales slowed
In the first quarter, the retail sales of consumer goods was 1003.5 billion
yuan, up 8.4% over the same period last year, the growth rate
was 1.9 percentage points slower than that in the last quarter
of the previous year. Of which, the retail sales in cities reached
631.4 billion yuan, up 9.3%, the growth rate was 2.7 percentage
points higher than that of rural areas. Catering sector was brisk.
In the first quarter, the growth was 16.5% ..
VI. Export & import kept steadily
to customs statistics, in the first quarter the total import and
export was 122.1 billion USD, up 7.7% over the same period last
year. Of which that of export was 64.7 billion USD, up 9.9%; that
of import was 57.4 billion USD, up 5.2%. China had a trade surplus
of 7.3 billion USD.
VII. Market prices continued to keep
on the low level
the first quarter, the consumer price was down 0.6% over the same
period last year. Of which, the consumer price in cities was down
0.9%, and that in rural was down 0.1%. The retail price was down
VIII. Residents’ income continued to
the first quarter, the per capita disposable income of urban residents
was 2126 yuan, the real growth was 16.2% after deducting price
factor. The per capita cash income of rural residents was 682
yuan, the real growth was 7.2%. By the end of March, the saving
deposits by urban and rural households reached 7872.8 billion