It was reported that Chenzhou Statistics Bureau released the economic operation report of 1st quarter. From the beginning of 2016, Chenzhou Government fully implemented the general strategy of “keeping leading role of industry, improving overall development”, promoted four “4-year action”, and accelerated the improvement of “five Chenzhou”, all of which contributed to the stable operation of economy.

Preliminarily speaking, GDP hit 40.53billion yuan in the first quarter, up 6.6% in comparable price. The added value of first, second, and tertiary industry hit 3.94billion yuan, 20.1billion yuan, and 16.49billion yuan, up 2.8%, 5.1%, and 9.3%, respectively.

Agricultural production was being promoted smoothly

In the first quarter, the agricultural production was kept stable that spring seeding project was fulfilled basically. The slaughter rates of cows and sheep were amounted to 52,000 and 145,000, up 6.1% and 6.6%, while the rate of pigs was 1.845million, down 3.7%, and rate of live stocks was 9.357million, up 2.6%. The total volume of aquatic products was 34,000tons, up 3.3%. The rural reform was being promoted steadily as well. 5.133million mu lands were transferred, accounting for 19.4%.

Industrial transformation was being promoted steadily

In the first quarter, the added value of scale industry was with an increase of 5.7% which was 0.2% higher than the rate of January- February. The added value of manufacturing was up 8.9%, while foods, pharmacy, machinery, electronics, wind power and other emerging industries were up 11.2%, 53.1%, 21.3%, 18.45, and 106.6% respectively. The added value of production and supply of mining, electricity, heat, and water were down 7.8% and 7.1% respectively.

The added value of above scale industries in the industrial parks was with an increase of 7% which was 1.3% higher than the scale industry of Chenzhou city, accounting for 77% which was 3.4% higher. The added value of high processing industry and high-tech were with the increase of 16.9% and 20%. The yield of smart TV, set top box, colorful printed matters, commercial refrigeration air conditioners, casting machinery, electronic parts, and photoelectron parts were up 264.4%, 242.2%, 73.6%, 64.8%, 44.2%, 25.4%, and 14.3%, respectively.

The service industry was being improved well

In the first quarter, the added value of service industry (tertiary industry) was amounted to 16.49billion yuan with an increase of 9.3% which was 6.4% and 4.2% higher than the first and secondary industry, accounting for 40.1% of GDP which was higher than the 39.1% of last year, while contributing 55.5% to the economic increase which was higher than 43.4% of last year. Leisure tourism industry increased greatly, no matter on the reception of visitors or revenue, amounting to 9.33million visitors and 7.03billion yuan revenue, up 11.8% and 15.8% respectively. Finance and insurance industry were being improved rapidly that the added value of finance was amounted to 1.05billionyuan, up 15.5%, while premium income was amounted to2.01billion yuan, up 21.1% which was 20.8% higher than last year. The inventory of real estate was decreased that the sales of commercial housing was with an increase of 21.7%, up 16.6%.

The investment industry was being promoted steadily with sound trend

In the first quarter, the investment industry was being promoted steadily with sound trend that both delayed effect of projects and upgrading of industrial investment structure were improved greatly. 31billion yuan investment has been placed on fixed assets, up 15.6%. According to the statistics, 813 new projects were launched in Chenzhou city, up 17.8%. The industrial investment was amounted to 12.33billion yuan, up 39.3% which was 24.4% higher than last year. The investment placed on manufacturing industry was amounted to 8.72billion yuan with an increase of 60.5%, up 67.5%, while the mining industry was amounted to 1.91billion yuan, down 0.1%. The total investment placed on well-being projects hit 2.55billion yuan, up 0.5%; on ecological environment hit 2.04billion yuan, up 36.8%; on high-tech industry hit 1.97billion yuan. Up 22.3%; and on strategic emerging industry hit 5.84billion yuan, up 32.5%.

The consumer market was being improved more actively

In the first quarter, total retail sales of consumer products were amounted to 19.81billion yuan, up 11.5%. Wholesale, retail, accommodation, and catering industry were being improved well that their retail sales hit 2.68billion yuan, 13.8billion yuan, 600milliom yuan, and 2.11billion yuan, up 14.2%, 10.5%, 14.2%, and 13.8%.

The sales of life and enjoyment products increased rapidly. Concerned for the legal person wholesale and retail industry above designated size, the increase of households, grain and foods, and garments were up to 22.6%, 23.9%, and 45.2%, while the sales of jewelry, furniture, sports, and autos were with the increase of 67.9%, 57.6%, 50.2%, and 12.5%. All of the figures were higher than the increasing rate of total retail sales of consumer products.

Financial work was being improved stably

In the first quarter, the financial work was improved stably that no matter the income of enterprises, financial industry, and investment attraction were improved soundly. According to the statistics, the general public budget income was amounted to 6.22billion yuan and regional fiscal revenue was amounted to 4.89billion yuan, up 4.8% and 2.4% respectively. The balance of deposits and loans of domestic and foreign currency in financial institutions were 20.402billion yuan and 100.64billion yuan, up 15.9% and 20.5% respectively, 6.07billion yuan of which was new loans, up 11.1%. The direct foreign investment was amounted to USD360million, up 14.1%, while the paid-in domestic investment was 12.74billionyuan, up 19.7%.

People’s living condition was being kept improved

In the first quarter, more expenditure was placed on well-being projects. According to the statistics, 7.9billion yuan was placed on education, agriculture, forestry & water, social security, technology, transportation, and other well-being projects, up 18.6%, accounting for 77% of the total which was 3% higher than last year.

Furthermore, according to the statistics figured out by Chenzhou Human Resources and Social Management Bureau that 16,700 new urban employments were available in the first quarter, accounting for 27.9% of annual task, which granted stable employment condition to the society. According to the sampling survey handled out by Chenzhou team of the State Statistics Bureau, Chenzhou residents’ income was kept with rapid increase that the per capita disposable income of urban and rural residents were amounted to 7474yuan and 3295yuan respectively, up 8.7% and 9.9%. The price level was kept stably that it was with an increase of 1.1% which was 1% and 0.7% lower than the national and Hunan provincial average increasing rate.