It was reported from the press conference of Chenzhou city’s economy in first quarter that a sound start with steady progress of economic condition was achieved in Chenzhou city. According to the record, GDP was hit 32.38 billion yuan, up 10.5% which is 2.8% and 0.4% higher than national and Hunan provincial average growth rate, ranking the second place of Hunan province. Per the added value of primary, second and tertiary industry increased by 4.2%, 11.9% and 10.2% separately.

It was with a sound industrial development trend while growth rate of industrial added value was ranked the third place of Hunan province.

As reported, total agricultural investment was hit 1.91 billion yuan, up 28.1% and the financial expenditure on agriculture, forestry and water conservancy was up to 590 million yuan, up 46.1%. Till the end of March, 0.46 million mu barren mountain was covered with new planting trees, fulfilling 117.8% afforestation task set at the beginning of the year.

As for the industry, the increase of added value of the 1079 scaled industrial enterprises was with a growth rate of 12.3% which was 1.7% higher than Hunan provincial level, ranking the third place of Hunan province. 31 industries among the 38 major industries were with different increase rate. Take industrial park industry, mining industry, manufacturing industry, advanced processing industry and high-tech industry for example, all their added value increased by 16.3%, 7.4%, 15.1%, 15.3% and 18.2% respectively.
0.8% increase was achieved by Chenzhou tertiary industry. Till the end of March, balance of saving and loan accounts for RMB and other currencies were amounted to 141.66 billion yuan and 6.16 billion yuan, increasing 18.2% and 24.2% separately. New loans were accumulated to 4.8 billion yuan with an increase of 41.6%.

Both investment and consumption were kept increasing in Chenzhou city especially for fixed assets investment was ranked the third place of Hunan province.

The total fixed assets investment was amounted to 18.65 billion yuan in Chenzhou city with a growth rate of 37.3%, ranking the third place of Hunan province. Per the investment on primary, second and tertiary industry increased by 4.2%, 11.9% and 10.2% separately with amount of 1.91 billion yuan, 8.3 billion yuan and 8.44 billion yuan respectively. 

Concerned for the consumption, 2 billion yuan was invested on real estate, up 47%; 0.455 million square meters commercial housing were sold out in the first quarter, up 77.9%; CPI was increased by 2.7%; and total retail sales of social consumer goods was amounted to 13.39 billion yuan, up 11.0%.

Opening economy was kept improving in Chenzhou city while the total foreign trade volume was ranked the third place of Hunan province.

$510 million was hit for Chenzhou city’s total foreign trade volume with an increase of 71.7%, ranking the third place of Hunan province. Among them, there were $270 million of gross foreign export value and $150 million of processing export value, up 47.4% and 87.1% respectively.

84 undertaking industrial transfer projects were settled down in Chenzhou city. 0.8 million standard factory workshops were established with a renting rate of 80%. 17 foreign funded projects were approved in Chenzhou city with actual use of foreign investment of $270 million, ranking the second place of Hunan province on both volume and increase rate. 361 domestic funded projects were signed in Chenzhou city with paid-in domestic capitals of 8.12 million yuan, up 8.0%.

A sound economic development quality was gained in Chenzhou city while the general financial revenue was ranked the second place of Hunan province

In the first quarter of 2013, 4.6 million yuan of general budget was fulfilled in Chenzhou city with an increase rate of 30.8% which was 8.9% higher than Hunan provincial average level, ranking the forth place of Hunan province.

Concerned for the strategic industries, the added value of advanced processing industry, high-tech industry and industrial park industry amounted for the proportion of scaled industry were 15.0%, 4.6% and 37%, up 0.8%, 0.4% and 2.2% respectively. In the first two months of 2013, 2. 05 billion yuan profits were gained by the scaled industry, up 23.8%.