Xi'an's GDP in the first three quarters of this year was 763.915 billion yuan, an increase of 5.7% year-on-year

On October 25, the Xi'an Municipal Bureau of Statistics released the economic operation of Xi'an in the first three quarters of 2021. In the first three quarters, Xi'an's GDP was 763.915 billion yuan, an increase of 5.7% year-on-year, 1.2 percentage points higher than the same period last year.

Output value of strategic emerging industries increased by 31.4% year-on-year

In the first three quarters, Xi'an made overall plans to do a good job in all aspects of the work of welcoming the whole transport, stabilizing growth, and preventing the epidemic, the economic operation continued to recover steadily, the transformation and upgrading continued to advance, the innovation vitality was continuously released, the overall employment price was stable, and the quality and efficiency were steadily improved.

According to the results of the unified accounting of regional GDP, xi'an's GDP in the first three quarters was 763.915 billion yuan, an increase of 5.7% year-on-year, 1.2 percentage points higher than the same period last year; the average growth rate of the two years was 5.1%. Among them, the added value of the primary industry was 17.656 billion yuan, an increase of 4.7% year-on-year, 2.2 percentage points higher than the same period last year; the average growth rate of the two years was 3.6%. The added value of the secondary industry was 251.008 billion yuan, an increase of 3.3% year-on-year, 3.0 percentage points lower than the same period last year; the average growth rate in the two years was 4.8%. The added value of the tertiary industry was 495.251 billion yuan, an increase of 7.0% year-on-year, 3.4 percentage points higher than the same period last year; the average growth rate in the two years was 5.3%.

Among them, the industry has maintained steady growth, and the advanced manufacturing industry has developed rapidly. In the first three quarters, the added value of industries above designated size in the city increased by 5.8% year-on-year, an increase of 13.2% over the first three quarters of 2019, and an average growth of 6.4% in two years. From the perspective of the industry, the output value of strategic emerging industries increased by 31.4% year-on-year, and the average growth rate in two years was 22.3%. The output value of high-tech manufacturing increased by 26.7% year-on-year, and the average growth rate in two years was 27.4%.

Market sales continued to recover, and online retail sales grew rapidly. In the first three quarters, the city's total retail sales of social consumer goods totaled 375.381 billion yuan, an increase of 10.0% year-on-year, an increase of 3.8% over the first three quarters of 2019, and an average increase of 1.9% in two years. Among them, the retail sales of consumer goods of enterprises (units) above designated size reached 182.625 billion yuan, an increase of 6.0% year-on-year, an increase of 2.2% over the first three quarters of 2019, and an average increase of 1.1% in two years.

Consumer prices rose slightly, with service prices rising higher than consumer prices. In the first three quarters, the city's consumer prices rose by 1.4% year-on-year, an increase of 0.1 percentage points over the first half of the year, of which September rose by 1.6% year-on-year and 0.6% month-on-month.

In the next stage, we must continue to stimulate market vitality

Enhance the momentum of development and release the potential of domestic demand

Professor Hu Wenxiu of Xi'an University of Technology said that in general, the growth of the primary industry is relatively stable, and the tertiary industry service industry has recovered relatively quickly. Judging from the performance of fixed asset investment, high-tech investment is growing at a high speed, and investment in some traditional industries has declined. The overall growth of social commodity consumption is relatively good, but the structural changes are relatively large, and some of them have shifted from offline consumption to online consumption, and these changes deserve the attention of practitioners.

Professor Zhang Hong, president of the Shaanxi Economic Society and dean of the Western Digital Economy Research Institute of Xi'an University of Posts and Telecommunications, said that the trend of deep integration of the digital economy and the real economy is becoming increasingly obvious, and more attention can be paid to the development of the digital economy, strengthen the organic interaction of online and offline spaces, promote the deepening of integrated development, and promote economic transformation and upgrading. Cultivate "Internet +" characteristic industries according to local conditions, and form a number of "Internet +" industrial clusters that integrate innovation and gather elements.

Hao Yuanxiao, a professor at the Business School of Xi'an Foreign Affairs University, said that it is advisable to stabilize the existing industry, pay more attention to consumption, and take positive measures to help everyone increase their income and make consumption a sustainable driving force for economic development.

Xi'an Municipal Bureau of Statistics said that overall, the city's economy continued to maintain a stable recovery trend in the first three quarters. At the same time, the uncertainties in the current international environment have increased, and the recovery of the domestic economy is still unstable and uneven. In the next stage, it is necessary to accelerate the construction of a new development pattern, do a good job in normalizing epidemic prevention and control, make overall plans to ensure the guarantee of production factors, grasp the implementation of policies to the letter, continuously stimulate market vitality, enhance development momentum, release domestic demand potential, and promote the high-quality development of the city's economy to take greater steps. Huashang Daily reporter Huang Tao Xiao Lin

Source: China Business Network - China Business Daily

Edit: Le Boon