Hebei’s economy continued to grow steadily from January to July

The implementation of preferential policies for enterprises has achieved results, and the industrial economy has achieved steady growth

Data show that from January to July, the added value of industrial enterprises above designated size in the province increased by 7.0% year-on-year, 0.6 percentage points faster than the same period last year.

Han Hong, director of the Industrial Statistics Department of the Provincial Bureau of Statistics, pointed out that from January to July, all localities and departments in the province actively implemented the decisions and deployments of the provincial party committee and the provincial government, promoted the implementation of various preferential policies for enterprises, stepped up the transformation and upgrading of traditional industries and the continuous improvement of strategic emerging industries, and achieved steady growth in the industrial economy.

More than 60% of industries achieved growth in production. From January to July, among the 40 major industries in the province’s industrial statistics above designated size, 26 industries achieved growth, accounting for 65.0%. Among them, the five industries of ferrous metal mining and dressing, petroleum, coal and other fuel processing, automobile manufacturing, ferrous metal smelting and rolling processing, and metal products industry played a large role in driving the growth of the added value of industrial enterprises above designated size in the province by 4.8 percentage points, with a contribution rate of 69.2%.

Strategic emerging industries grew rapidly. From January to July, the added value of strategic emerging industries in the province’s industrial enterprises above designated size increased by 8.7% year-on-year. Among them, the manufacturing of new energy vehicles increased by 2.0 times, the manufacturing of high-speed rail trains increased by 1.5 times, the manufacturing of urban rail transit equipment increased by 1.5 times, and the manufacturing of biochemical pesticides and microbial pesticides increased by 33.4%.

The equipment manufacturing industry maintained rapid growth. From January to July, the added value of the equipment manufacturing industry increased by 14.5% year-on-year. Among them, the manufacturing of railway, ship, aerospace and other transportation equipment, the manufacturing of computers, communications and other electronic equipment, the manufacturing of automobiles, the manufacturing of metal products, the manufacturing of electrical machinery and equipment, and the manufacturing of special equipment achieved growth, increasing by 48.7%, 40.5%, 23.9%, 17.3%, 7.1% and 2.6% respectively.

“Overall, the province’s industrial production remained stable from January to July. In the next stage, we must further cultivate and expand new quality productivity, help traditional industries improve quality and efficiency, and promote the industrial economy to achieve effective improvement in quality and reasonable growth in quantity.” Han Hong said.

High-tech investment and equipment purchase investment have grown rapidly, helping the development of new quality productivity

Since the beginning of this year, all regions and departments in Hebei Province have strengthened the overall implementation of projects and the guarantee of factors, vigorously promoted the implementation of special national debt, urban renewal, and large-scale equipment renewal projects, and the province’s fixed asset investment has maintained steady growth. From January to July, the province’s fixed asset investment increased by 6.5% year-on-year. Among them, investment in construction projects increased by 11.1%.

The rapid growth of high-tech investment and equipment purchase investment is a highlight in the investment field. Lin Wen, director of the Investment and Construction Industry Statistics Department of the Provincial Bureau of Statistics, pointed out that since the beginning of this year, Hebei Province has based on its advantages of a sound industrial system and rich computing resources, and has laid out future industries such as aerospace information industry, advanced computing industry, gene and cell industry, and green hydrogen energy industry, and continued to release new development momentum.

From January to July, the province’s high-tech investment increased by 30.1% year-on-year, 11.1 percentage points faster than the first half of the year, and 23.6 percentage points higher than the province’s investment growth rate. In addition, since the provincial government issued the “Implementation Plan for Promoting Large-Scale Equipment Renewal and Consumer Goods Replacement in Hebei Province” in April this year, the quality of economic circulation has been continuously improved, and the promotion of equipment renewal has begun to show results, and equipment renewal has gradually become a new growth driver. From January to July, the province’s investment in equipment and tools increased by 31.3% year-on-year, 16.7 percentage points faster than the first half of the year, driving the province’s investment growth by 2.2 percentage points.

At the same time, the growth of investment in Hebei’s manufacturing industry has accelerated, and the foundation for stable investment growth has been further consolidated.

Since the beginning of this year, Hebei Province has guided various high-quality resource elements to gather in the manufacturing industry, increased investment in the optimization and upgrading of traditional manufacturing, expanded investment in advanced manufacturing, and continuously accelerated the pace of high-end, intelligent and green development of manufacturing. From January to July, the province’s investment in the manufacturing industry increased by 10.7% year-on-year, 8.8 percentage points faster than the first half of the year, driving the province’s investment growth by 2.0 percentage points. Among them, investment in high-tech manufacturing increased by 53.6%.

The driving effect of the additional treasury bond projects in Hebei Province has emerged, and infrastructure investment has maintained a relatively rapid growth. Data shows that from January to July, the additional treasury bond projects drove the province’s investment growth by 5.4 percentage points, 0.1 percentage point higher than the first half of the year. Driven by the additional treasury bond projects, the province’s infrastructure investment continued to maintain rapid growth, with a year-on-year increase of 18.6% from January to July. Among them, investment in water conservancy management increased by 69.8%, investment in railway transportation increased by 56.7%, and investment in electricity, heat production and supply increased by 50.8%.

Industrial investment maintained rapid growth, and the pace of new industrialization accelerated. From January to July, the province’s industrial investment increased by 20.9% year-on-year, 6.8 percentage points faster than the first half of the year, accounting for 30.3% of the province’s investment, driving the province’s investment growth by 5.6 percentage points. Industrial technical transformation investment increased by 14.4% year-on-year, 11.2 percentage points faster than the first half of the year, driving the province’s industrial investment growth by 8.0 percentage points.

The construction of major projects has been accelerated, maintaining strong support for the province’s investment. From January to July, there were 5,790 projects under construction with a total investment of more than 100 million yuan in the province, an increase of 599 over the same period last year, and the completed investment increased by 11.9% year-on-year, driving the investment growth of the province by 8.0 percentage points. By industry, the investment in projects with a total investment of more than 100 million yuan in the education industry increased by 1.1 times, the investment in projects with a total investment of more than 100 million yuan in agriculture, forestry, animal husbandry and fishery increased by 75.3%, the investment in projects with a total investment of more than 100 million yuan in the production and supply of electricity, heat, gas and water increased by 46.1%, the investment in projects with a total investment of more than 100 million yuan in information transmission, software and information technology services increased by 33.8%, and the investment in projects with a total investment of more than 100 million yuan in wholesale and retail industries increased by 33.0%.

The market environment continued to improve, and the retail sales of basic living and upgraded goods showed a good growth trend

From January to July, the retail sales of consumer goods of units above the designated size in the province reached 268.62 billion yuan, a year-on-year increase of 5.7%. By consumption type, the retail sales of goods reached 258.52 billion yuan, an increase of 5.7%; the catering revenue reached 10.10 billion yuan, an increase of 4.8%.

Guo Minying, director of the Trade and Foreign Economic Affairs Department of the Provincial Bureau of Statistics, pointed out that since the beginning of this year, Hebei Province has solidly promoted the implementation of policies to expand domestic demand and promote consumption. The scale of the consumer goods market has continued to grow, consumer demand has been gradually released, the market environment has continued to optimize, and the consumer goods market in the province has maintained steady growth.

The retail sales of basic living and upgraded goods have shown good growth. Among basic living goods, the retail sales of grain, oil and food products of units above the quota increased by 6.7% year-on-year, beverages increased by 14.2% year-on-year, and clothing, shoes, hats, needlework and textiles increased by 7.7% year-on-year. Among upgraded goods, the retail sales of household appliances and audio-visual equipment above the quota increased by 10.3% year-on-year, and the retail sales of gold, silver and jewelry increased by 4.8% year-on-year.

The sales of petroleum and products maintained rapid growth. From January to July, the retail sales of petroleum and products of units above the quota in the province reached 32.23 billion yuan, an increase of 12.4% year-on-year, driving the retail sales of consumer goods of units above the quota to increase by 1.4 percentage points. The retail sales of petroleum and products of units above the designated size accounted for 12.0% of the retail sales of consumer goods of units above the designated size, an increase of 0.2 percentage points from the first half of the year.

The policy of replacing old products with new ones for consumer goods has guided the orderly release of residents’ consumption potential, and has played a certain “catalytic” role in driving the growth of durable consumer goods such as automobiles. With the holding of automobile culture festivals, expositions and other activities in many places, coupled with the promotional activities of automobile manufacturers, market sales continue to heat up. From January to July, the retail sales of automobiles of units above the designated size reached 101.08 billion yuan, accounting for 37.6% of the retail sales of consumer goods of units above the designated size, an increase of 0.5 percentage points from the first half of the year. Among them, the retail sales of new energy vehicles of units above the designated size increased by 42.3% year-on-year, and the retail sales of used cars of units above the designated size increased by 71.0% year-on-year.