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Xinjiang's economic operation in 2020 showed a good trend

Source: Tianshan Network

In 2020, in the face of the test brought about by the new crown pneumonia epidemic and the complex and changeable domestic and foreign environment, the autonomous region adhered to the general tone of the work of seeking progress in stability, adhered to the overall planning of epidemic prevention and control and economic and social development work, and showed a good economic operation throughout the year.

On January 27, the Information Office of the Autonomous Region Government held a press conference on the economic operation of the Autonomous Region in 2020 to analyze and evaluate the economic operation performance of Xinjiang in 2020, and Xu Bin, director of the Autonomous Region Development and Reform Commission, secretary of the Party Group of the Autonomous Region Bureau of Statistics, director and press spokesman, summarized the characteristics of Xinjiang's economic operation in 2020 in 36 words, that is, "production continues to rebound, demand is stable and recovered, development quality and efficiency are improved, vitality is continuously enhanced, people's livelihood is guaranteed, and expectations are positive and positive."

Xinjiang's economic operation in 2020 showed a good trend

Xu Bin, director of the Autonomous Region Development and Reform Commission, secretary of the party leading group and director of the Autonomous Region Bureau of Statistics, and press spokesman Xu Bin released Xinjiang's economic operation in 2020 to the media and answered reporters' questions. Photo by reporter Zhang Wande

In 2020, Xinjiang's industrial production continued to pick up, and remarkable results were achieved in coordinating epidemic prevention and control and economic development. The gdp of the whole region increased by 3.4% over the previous year, which was not easy to come by and was better than expected.

In 2020, Xinjiang's demand recovered steadily, and the momentum of economic repair continued to increase. The role of investment pulling has been continuously enhanced, and the growth rate ranks first in the country. The annual fixed asset investment (excluding rural households) increased by 16.2% over the previous year, and the growth rate was 13.7 percentage points higher than that of the previous year. The number of newly started projects increased by more than 40%, the growth rate of primary industry investment hit a new high in a decade, and infrastructure investment drove investment growth by 9.8 percentage points. Consumption continued to recover steadily, and basic daily necessities grew rapidly. Chinese and Western medicines, grain, oil and food, tobacco and alcohol and daily necessities maintained double-digit growth.

In 2020, the quality and efficiency of Xinjiang's development will continue to improve, and the vitality of economic growth will continue to increase. The new kinetic energy is effective. In the whole year, the retail sales of enterprises in Xinjiang through e-commerce platforms increased by 27.6% over the previous year. The added value of high-tech manufacturing increased by 25.0%, and the added value of industrial strategic emerging industries increased by 20.5%. The amount of electricity sent out has increased significantly, and the amount of electricity sent to the transaction has increased by 47.9%.

In 2020, the income of urban and rural residents in Xinjiang increased steadily. The per capita disposable income of urban residents in Xinjiang increased by 0.5% over the previous year; the per capita disposable income of rural residents increased by 7.1%, 6.6 percentage points higher than the income of urban residents. The urban survey unemployment rate is declining quarter by quarter.

Xinjiang's economic development is expected to be positive and positive, and it has maintained a sustained upward trend in 2020. "In the context of the covid-19 pandemic raging around the world, the world economy in a serious recession, and the external environment becoming more complex and severe, the region's economic achievements are not easy to come by." Xu Bin said.