The quantity and quality of economic operation have risen
The first quarter was off to a good start
In the first quarter, the whole city conscientiously studied and implemented the spirit of General Secretary Xi Jinping's important speech during his inspection of Tianjin, and under the strong leadership of the Municipal Party Committee and the Municipal Government, focused on the important requirements of the "Four Good Works", thoroughly implemented the "Ten Actions" to promote high-quality development, and solidly promoted the key tasks such as "three new" and "three quantity".
01
The economy continues to improve
The macro economy is stable and improving. In the first quarter, the regional GDP grew by 5.3 percent, keeping pace with the whole country and 1.0 percentage points faster than that of the previous year. 95,300 new jobs were created in urban areas, and the situation was stable. Consumer prices rose by 0.2 percent, maintaining a moderate increase.
The quality and efficiency of development have been steadily improved. In the first quarter, the general public budget revenue increased by 7.3 percent, of which tax revenue increased by 5.0 percent. From January to February, the total profits of industrial enterprises above designated size increased by 17.9 percent, 7.7 percentage points better than the national average, and the profit margin of operating income was 6.69 percent, 1.99 percentage points higher than that of the whole country. The per capita disposable income of residents in the city increased by 5.1 percent in the first quarter, 0.4 percentage points faster than that of the previous year.
Stable support of production factors. Industrial electricity consumption (excluding line loss) increased by 4.8% and has been growing since the beginning of this year. Transportation was smooth and orderly, with the turnover of goods by road and water by 4.5 percent and 16.6 percent, and the cargo throughput and container throughput of ports increased by 3.6 percent and 7.2 percent respectively, 1.8 and 1.7 percentage points faster than that of the previous year. Financial support continued to increase, and the balance of loans in domestic and foreign currencies of financial institutions increased by 5.0% at the end of March.
02
The industrial structure was further optimized
The high-quality development of the manufacturing industry has been steadily promoted. In the first quarter, the added value of industrial enterprises above designated size increased by 5.8 percent, and the growth rate accelerated quarter by quarter since the first quarter of last year, and increased by 6.3 percent in March, and the positive momentum continued to consolidate. The high-quality development of the manufacturing industry has been effective, and the added value of the manufacturing industry above designated size increased by 6.4%, 0.6 percentage points faster than the city's industry, and the contribution rate was close to 70%, which was 68.7%. Among them, the added value of the equipment manufacturing industry accounted for more than 31.2% of the industries above designated size, an increase of 6.0%, 0.2 percentage points faster than the city's industry, and the supporting role was more obvious.
The leading role of the modern service industry is prominent. In the first quarter, the added value of the service industry increased by 5.1 percent, accounting for 65.9 percent of the regional GDP. Among them, modern service industries such as information transmission software and information technology services, leasing and business services, and scientific research and technical services grew rapidly, with added value increasing by 10.2 percent, 22.2 percent, and 8.8 percent respectively.
03
New momentum is accumulating
The growth momentum of new industries is good. In the first quarter, the added value of the high-tech manufacturing industry in the industries above designated size increased by 8.6 percent, 2.8 percentage points faster than that of the city's industry, accounting for 14.7 percent, an increase of 1.0 percentage points over the previous year; among the service industries above designated size from January to February, the operating income of the strategic emerging service industry and the high-tech service industry both achieved double-digit growth, up by 15.8 percent and 12.8 percent respectively.
The production and sales of new products are booming. In the first quarter, the output of new energy vehicles, urban rail vehicles, integrated circuits and other new products increased rapidly, increasing by 41.4%, 17.4% and 13.0% respectively, while the retail sales of new energy vehicles and smart phones and other green and intelligent goods increased by 19.0% and 9.5% respectively.
Investment in emerging sectors continues to grow. In the first quarter, investment in strategic emerging industries increased by 18.3 percent, of which investment in high-end equipment manufacturing, biological industry, and new energy industry increased by 27.4 percent, 29.8 percent, and 71.1 percent, respectively, and investment in high-tech services increased by 28.4 percent.
04
The role of domestic demand in stimulating has been effectively played
Investment in fixed assets increased. In the first quarter, investment in fixed assets (excluding rural households) reversed the downward trend since the previous year and increased by 5.9 percent. Investment in infrastructure, industry and other real sectors increased by 37.6% and 17.0% respectively, which was the main driving force for the city's investment growth. Among the industrial investment, the investment in the manufacturing of railways, ships, aerospace and other transportation equipment, and the manufacturing of electrical machinery and equipment doubled, increasing by 1.9 times and 1.6 times respectively, while the investment in infrastructure increased by 50.8 percent, and the investment in transportation and postal services increased by 36.0 percent.
The consumer market continues to heat up. In the first quarter, the total retail sales of consumer goods increased by 1.8 percent, of which the retail sales of goods realized by units above designated size through the public network increased by 6.7 percent, continuing to maintain rapid growth. The city's railway passenger traffic and airport passenger throughput increased by 35.4% and 30.5% respectively, and the urban rail transit passenger volume increased by 24.3%. The per capita service consumption expenditure of residents in the city increased by 15.5%, of which the expenditure on educational, cultural and entertainment services increased by 22.9%, and during the Spring Festival holiday, the number of film screenings in the city increased by 47.6%, the number of moviegoers increased by 31.8%, and the box office increased by 20.6%, all hitting a record high.
05
The development momentum of the private economy is good
The growth rate of the main economic indicators of private enterprises is better than that of the whole city. In the first quarter, private investment increased by 13.6 percent, 7.7 percentage points faster than the city's investment, accounting for 31.6 percent of the city's investment, an increase of 4.4 percentage points over the previous year. The added value of private industrial enterprises above designated size increased by 7.5 percent, 1.7 percentage points faster than that of the city's industries above designated size; the sales volume of private wholesale and retail enterprises above designated size increased by 3.5 percent, 0.8 percentage points faster than the city's sales above the designated size; the turnover of private accommodation and catering enterprises above designated size increased by 11.3 percent, 1.5 percentage points faster than the city's turnover above the designated size; from January to February, the operating income of private service enterprises above designated size increased by 21.1 percent, 5.2 percentage points faster than that of the city's service industry above designated size.
06
The people's livelihood protection is strong and effective
Investment in people's livelihood continues to increase. In the first quarter, the general public budget expenditure on education, social security and employment, public health, and urban and rural communities increased by 6.1 percent, 52.6 percent, 33.3 percent, and 71.7 percent respectively. Investment in the social sector increased by 9.7 percent, of which investment in education and health increased by 53.8 percent and 18.7 percent respectively.
Employment income is stable and improving. In the first quarter, 95,300 new urban jobs were created in the city, completing 27.2% of the annual plan, 2.2 percentage points ahead of schedule. The per capita disposable income of the city's residents increased by 5.1 percent, of which the per capita disposable income of rural residents increased by 6.4 percent, 1.6 percentage points faster than that of urban residents.
The results of ensuring supply and price stability are obvious. In the first quarter, the city's vegetable output increased by 8.7 percent, and the output of poultry eggs increased by 5.6 percent. Consumer prices were generally stable, rising by 0.2 percent year-on-year.
Overall, the city's economic operation in the first quarter has achieved a good start. This is the result of the city's adherence to the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, and the in-depth implementation of the "Ten Actions" to promote high-quality development under the leadership of the Municipal Party Committee and the Municipal Government. In the next stage, it is necessary to thoroughly study and implement the spirit of General Secretary Xi Jinping's important speech during his inspection of Tianjin, focus on the central task of economic construction and the primary task of high-quality development, promote scientific and technological innovation, industrial renewal, and urban renewal, effectively revitalize the stock, cultivate increments, and improve quality, consolidate the upward trend of the economy, and continue to promote the economy to achieve effective qualitative improvement and reasonable quantitative growth.