Thanks to the efforts tried by Chenzhou city to conquer the problems of higher pressure of downstream of economy, Chenzhou city’s economic operation was in a sound condition in January and February.

Agricultural economy was operated stably. According to the investigation, all the agricultural materials’ reserve was with enough stock and the price was kept stably, which helped to boost the farmers’ positivity on production. Concerned for cole, the total plantation area of it increased 8.0%. Tobacco plantation work was implemented well, taking Guiyang county for example, 223,000mu tobacco leaves were planted in the country which was about 3000mu more than the plan. Currently, all the cultivation work was handled out well in the county and was on the process to transplant it. Furthermore, the water conservancy construction work was run smoothly that 3.29 billion yuan investment has been finished on the projects. 55.27 million work days were placed on the construction work to handle 88.45 million cubic meters earthwork. Till now, 24,000 projects concerned for the repair of water damaged works have been fulfilled. At the meantime, the trees plantation work was promoted rapidly. 275,000 mu afforestation work, covering 67.2% of the plan has been completed in Chenzhou city till February 28, 2014.

The industrial economy was kept stable growth. The added value of scaled industry of Chenzhou city increased 12.4% which was with the same increase rate as last year. The increase for nonferrous metallurgy, electronics and construction material reached 22.0%, 29.3% and 12.1% separately. The added value of scaled industries in industrial parks took 57.5% of the total amount, up 0.6%. The 82 new collected scaled industries increased 3.7 times, contributing 2.4% to the increase of scaled industry.

Investment placed in Chenzhou increased rapidly. In January and February, 9.91 billion yuan investment was placed on fixed asset with an increase of 29.7% which was 0.1% lower than last year. 620 million yuan investment has been fulfilled on the first industry with a decrease of 3.0%. 4.59 billion yuan and 4.7 billion yuan investment have been finished on the second industry and tertiary industry, up 22.7% and 44.1% respectively. 1.12 billion yuan was for real estate, up 28.2%. 500 million yuan was for ecological environment, up 125.7%. 490 million yuan was for well-being projects, up 63.5%. 2.89 billion yuan was for technical innovation, up 28.9%. 850 million yuan was for high-tech industry, up 175.3%. The projects with over 50 million yuan investment were up to 617 ones which was 115 more than last year, accounting for 6.73 billion yuan total investment with an increase of 36.1%. The projects with over 100 million yuan investment were up to 233 ones which was 18 more than last year, accounting for 3.45 billion yuan total investment with an increase of 17.7%.

The demands of consumer market were kept increasing. The total retail sales of consumer goods of Chenzhou city was amounted to 10.03 billion yuan with an increase of 13.5% which was 3.4% higher than last year. Concerned for the urban and rural areas, the total amount was 8.89 billion yuan and 1.14 billion yuan, up 20.0% and 7.0% respectively. Concerned for the industries, wholesale and retail industry and accommodation and catering industry were with an increase of 15.2% and 7.2% separately. Concerned for the categories, the total retail sales of consumer goods for the enterprises (units) above designated size was amounted to 3.06 billion yuan with an increase of 17.4%, covering 30.5% of all and increasing 0.3% compared with last year.

The fiscal revenue increase stably. The total public fiscal revenue of Chenzhou city hit 3.85 billion yuan, up 13.2%; local public fiscal revenue hit 3.1 billion yuan, up 17.1%. 880 million yuan was for tax payment income with an increase of 0.4%. 2.23 billion yuan was for non-tax payment income with an increase of 25.3%. 590 million yuan was for central government’s income with a decrease of 3.8%. 160 million yuan was for Hunan provincial government’s income with an increase of 13.9%. The expenditure of public financial budget was amounted to 5.17 billion yuan with an increase of 16.4%. 3.54 billion yuan was placed on education, social security and employment, health care and population plan, energy saving and environment protection, communities issues of urban and rural areas, agriculture, forestry and water issues, housing security, culture, sports and media, transportation, and etc., up 16.1%.

The financial operation was performed steadily. Till the end of February, the deposit balance of all financing institutions hit 156.95 billion yuan, up 14.1%; loan balance hit 69.07 billion yuan, up 15.8%, 1.42 billion of which was new loans with a decrease of 49.7%. The premium income of insurance hit 650 million yuan with an increase of 50.4% and the compensation expenditure hit 80 million yuan with an increase of 29.3%.

The export-oriented economy decreased with high rate. The total foreign trade volume hit $260 million in the first two months of 2014, decreasing 30.5%. $120 million was for export, down 27.9%. $140 million was for import, decreasing 32.7%. Three new foreign investment projects were approved in the first two months with paid-in foreign investment of $80 million, down 46.7%. 290 domestic investment projects were signed in the first two months with paid-in domestic investment of 6.14 billion yuan, up 14.1%.

The price increase a little. According to the data, Chenzhou city’s CPI increase 2.2% in this February, while the increase for January and February was 2.4%. The increase for eight key consumption goods as food, tobacco and wine, garment, household devices, health care, transportation and communications, education, culture and entertainment, and living was 3.5%, 1.6%, 0.8%, 2.4%, 1.7%, 0.8%, 2.3% and 2.6% separately.