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Sanmenxia's Economy Continues to Recover Stably

By Sanmenxia Daily Updated: 2021-01-08 15:01

According to the data from Sanmenxia Municipal Bureau of Statistics in November 2020, the city thoroughly implemented the spirit of the Fifth Plenary Session of the 19th CPC Central Committee, comprehensively promoted the overall planning of epidemic prevention and control and economic and social development, and actively implemented the "six stabilities" and "six guarantees" requirements. Industrial production was accelerated for the recovery, investment was steadily advanced, consumption continued to increase, and the city’s economy continued to maintain a stable recovery trend.

Industrial production maintained rapid year-on-year growth. In November 2020, Sanmenxia's industrial added value above designated size increased by 7% year-on-year. Among them, the added value of high-tech manufacturing increased by 12.3% year-on-year. From January to November 2020, the added value of the city's industrial enterprises above designated size increased by 4% year-on-year, an increase of 0.3 percentage points from January to October.

Fixed asset investment is advancing steadily. From January to November 2020, the city's fixed asset investment increased by 4.7% year-on-year. In terms of sectors, industrial investment decreased by 3.4% year-on-year, private investment increased by 3.9% year-on-year, infrastructure investment increased by 29.1% year-on-year, and real estate development investment decreased by 11.4% year-on-year. In terms of industries, investment in the primary industry fell by 11.9% year-on-year, investment in the secondary industry fell by 2.9% year-on-year, and investment in the tertiary industry increased by 17.1% year-on-year. Investment in newly-built projects maintained rapid growth. The city's planned total investment in newly started projects increased by 21.3% year-on-year, and completed investment increased by 25.2% year-on-year.

 Market sales continued to recover. In November 2020, the city's total retail sales of consumer goods reached 4.856 billion yuan, a year-on-year increase of 5.9%. Among them, the retail sales of consumer goods of units above designated size reached 1.164 billion yuan, a year-on-year increase of 13.7%. The retail sales of urban consumer goods reached 1.062 billion yuan, an increase of 12.8% year-on-year; the retail sales of rural consumer goods reached 101 million yuan, an increase of 23.7% year-on-year. From January to November 2020, the total retail sales of consumer goods in the city reached 43.72 billion yuan. Among them, the retail sales of consumer goods of units above designated size was 9.958 billion yuan, a year-on-year increase of 2.3%.

The rise in consumer prices fell. In November 2020, the city's consumer prices rose by 0.1% year-on-year, down 0.6 percentage points from October. From January to November 2020, the city's consumer prices rose by 3% year-on-year.


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