In the first seven months, Jiangxi’s industrial added value increased by 8.5% year-on-year
New energy vehicle production increased by 136.1%
From January to July, the added value of industrial enterprises above designated size in the province increased by 8.5% year-on-year, 2.6 percentage points higher than the national average growth rate. By industry, 25 of the 38 major industries achieved growth in added value, accounting for 65.8%.
From the perspective of products, 245 of the 437 major industrial products under key monitoring achieved growth, accounting for 56.1% of the growth rate. Among them, the output of new energy vehicles, smart phones, and integrated circuit products increased by 136.1%, 47.5%, and 42.2% respectively.
In July, the added value of industrial enterprises above designated size increased by 7.1%. From January to June, the operating income of industrial enterprises above designated size in the province reached 1940.62 billion yuan, an increase of 5.9%; the total profit reached 78.12 billion yuan, a decrease of 0.3%.
More than 70% of industries saw positive growth in investment
From January to July, the province’s fixed asset investment increased by 3.8% year-on-year, 0.3 percentage points faster than from January to June. From the perspective of industry categories, more than 70% saw positive growth and more than 50% saw an increase in growth rate. In terms of different sectors, infrastructure investment increased by 0.7%, manufacturing investment increased by 8.4%, and real estate development investment decreased by 10.6%. The sales area of commercial housing in the province was 15.336 million square meters, a decrease of 35.4%; the sales volume of commercial housing was 109.94 billion yuan, a decrease of 36.7%.
A series of policies and measures to promote the development and growth of the private economy have been introduced, and the willingness and ability of private investment have been continuously restored. From January to July, the province’s private investment increased by 2.8% year-on-year, 0.2 percentage points faster than the first half of the year. Excluding private investment in real estate development, private project investment increased by 8.1%; under the influence of large-scale equipment renewal policies, the province’s investment in equipment and tools increased by 3.5% from January to July, 1.0 percentage points faster than the first half of the year.
From January to July, there were 7,817 construction projects with a total investment of more than 100 million yuan in the province, an increase of 240 from the first half of the year, and the completed investment increased by 6.1% year-on-year. In terms of different industries, the manufacturing industry increased by 7.4%, and the water conservancy, environment and public facilities management industry increased by 6.2%, which significantly supported the growth of investment in major projects in the province.
Green and smart consumption grows rapidly
Since the beginning of summer, Jiangxi’s consumer market has continued to heat up, and residents from all over the country have actively participated in various activities such as summer entertainment, summer vacation and summer study, and the summer economy has been rejuvenated. From January to July, the province’s total retail sales of consumer goods increased by 5.1% year-on-year, and the growth rate was 0.2 percentage points faster than the first half of the year.
Consumers are more inclined to shop online in the hot summer and enjoy a convenient shopping experience. From January to July, the province’s commodity sales achieved through the Internet increased by 19.0% year-on-year, of which July increased by 22.5%, 15.5 percentage points faster than the previous month.
As the “old for new” policy for consumer goods is implemented in various parts of the province, the growth of green and smart upgrade consumption has accelerated. From January to July, the retail sales of new energy vehicles, wearable smart devices, and smart phones of units above the limit increased by 43.0%, 42.5%, and 22.2% respectively, and high-efficiency household appliances increased by 14.7%.
CPI rose by 0.7% year-on-year
From January to July, the province’s consumer price index (CPI) rose by 0.7% year-on-year, 0.1 percentage point higher than from January to June. The prices of eight categories of goods and services rose by five and fell by three year-on-year, among which the prices of food, tobacco and alcohol fell by 0.7%, clothing rose by 2.4%, housing fell by 0.2%, daily necessities and service prices rose by 1.2%, transportation and communication prices fell by 0.1%, education, culture and entertainment prices rose by 3.8%, medical care prices rose by 2.3%, and other goods and service prices rose by 4.9%. In July, the province’s consumer price index rose by 1.0% year-on-year and 0.3% month-on-month.
From January to July, the province’s industrial producer price index (PPI) fell by 2.6% year-on-year, and the industrial producer purchase price index (IPI) fell by 4.1%. In July, the province’s industrial producer price index fell by 0.9% year-on-year and 0.6% month-on-month; the industrial producer purchase price index fell by 0.3% year-on-year and month-on-month.