On April 27th, it’s learned from the municipal statistics department that the city’s economic operation moved forward while maintaining stability and showed positive momentum in the first quarter. The city’s GDP reached 41.67 billion yuan, with a year-on-year growth of 6.3% calculated at constant princes. This growth rate was 1.8 and 1.3 percentage points higher than the national and provincial levels respectively, ranking fourth in the province. A stable and good start was achieved in the first quarter. 

Industrial production remained stable. Sanmenxia has launched the “Ten Thousand People Helping Ten Thousand Enterprises” campaign, providing precise services and targeted measures, comprehensively assisting enterprises in overcoming difficulties, and ensuring the smooth operation of industrial enterprises. The city’s value-added industrial output increased by 5.2% year on year in the first three months, 2.2 and 1.0 percentage points higher than that of the whole country and the province respectively, ranking sixth in the province. The new material industry grew by 11.6%, taking a solid step towards the construction of a material new city with important influence in the country; small and micro enterprises grew by 13.2%, showing vitality, and the contribution rate to the city’s industrial growth reached 68.4%.

The service industry has experienced strong momentum in recovery. Since the beginning of this year, our city has successively launched a series of activities such as automobile consumption subsidies, consumption vouchers, and “Good Spring Time, Meet Sanmenxia” cultural and tourism promotion to boost consumer confidence and facilitate the rapid recovery of the service industry. In the first quarter, the contribution rate of the tertiary industry to the economic growth reached 60.3%, driving the city’s economic growth by 3.8 percentage points. The city’s total retail sales of social consumer goods was 14.79 billion yuan, with a year-on-year increase of 7.1%, and the pace of consumption recovery has gradually accelerated. The producer service industry and industrial sector resonated at the same frequency and grew at a high speed, and the consumer service industry has recovered rapidly. In the first quarter, the city’s highway passenger turnover increased by 7.6 times, and the freight turnover increased by 41.5%, ranking first in the province; the sales of wholesale and retail commodities increased by 6.6% and 10.5% respectively; the turnover of accommodation and catering industry increased by 17.3% and 6.1% respectively. From January to February, the operating income of the city’s service industry increased by 10.5%, which was 2.1 percentage points higher than that of the whole province.

The quality and efficiency of development have been steadily improved. Our city always places innovation-driven development in a central position and continuously enhances the innovation capacity of the industrial chain to empower and improve efficiency for development. In the first quarter, investment in the high-tech industry increased by 22.8% year-on-year and investment in industrial technological transformation grew by 125.3%; the high-tech industry and strategic emerging industry increased by 5.5% and 6.9% respectively; the high-tech industry grew by 18.5%, surpassing the provincial average by 7.1 percentage points. The quality of finance and taxation further improved, with general public budget revenue reaching 3.96 billion yuan in the first quarter, accounting for 9.5% of the regional GDP. Tax revenue amounted to 2.58 billion yuan, accounting for 65.0% of the general public budget revenue.

In the first quarter, various policies were effectively implemented in our city, and the added value of the primary, secondary, and tertiary industries increased by 3.4%, 5.0%, and 7.7% respectively, ranking 5th, 5th, and 2nd in the province. The economy showed a comprehensive recovery with improvement in both quality and efficiency, laying a solid foundation for a sustained and prosperous year.