The total production value was 68.718 billion yuan
Year-on-year growth of 5.9%
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Q1 2024
The state's economic operation is stable and improving
Get off to a good start
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In the first quarter of 2024, the whole state will fully implement the decisions and arrangements of the Party Central Committee, the State Council, the Provincial Party Committee, the Provincial Government, the State Party Committee and the State Government, completely, accurately and comprehensively implement the new development concept, and the state's economic operation will be stable and progressive, achieving a good start.
According to the results of the unified accounting of the gross domestic product, the gross domestic product of Honghe Prefecture in the first quarter was 68.718 billion yuan, a year-on-year increase of 5.9% at constant prices, and the growth rate was 2.7 percentage points faster than that at the end of the previous year. Among them, the added value of the primary industry was 5.108 billion yuan, up 3.1 percent year-on-year, the added value of the secondary industry was 26.662 billion yuan, up 6.8 percent year-on-year, and the added value of the tertiary industry was 36.948 billion yuan, up 5.8 percent year-on-year.
Agricultural production was generally stable
In the first quarter, the total output value of agriculture, forestry, animal husbandry, fishery and service industries in the state reached 9.99 billion yuan, a year-on-year increase of 3.1%. The output of vegetables and fruits reached 1,210,100 tons and 376,500 tons, up 3.5% and 7.7% year-on-year, respectively, 396 million fresh cut flowers, up 2.0% year-on-year, and 11,300 tons of Chinese herbal medicines, up 4.1% year-on-year. The total output of meat was 142,000 tons, down 2.1% year-on-year, of which: pork output was 108,800 tons, down 2.9% year-on-year. Milk production increased by 9.9% year-on-year, and egg production increased by 4.6% year-on-year. The number of live pigs was 2,838,400, down 4.7% year-on-year, and the number of live pigs was 1,160,800, down 4.9% year-on-year.
The industrial economy has recovered relatively well
In the first quarter, the added value of the state's above-scale industries increased by 6.7% year-on-year, and the growth rate was 3.9 percentage points faster than that at the end of the previous year. The three major categories all achieved growth to varying degrees: the mining industry increased by 15.5 percent year-on-year, an increase of 19.5 percentage points, the manufacturing industry increased by 4.8 percent year-on-year, an increase of 1 percentage point, and the electricity, gas and water production and supply industry increased by 14.2 percent year-on-year, an increase of 12.7 percentage points.
Energy security is strong and effective
In the first quarter, the state's industrial power generation above designated size was 7.027 billion kilowatt hours, a year-on-year increase of 26.6%, 18.1 percentage points faster than that from January to February. Among them, hydropower generation was 682 million kWh, a year-on-year increase of 4.4%, thermal power generation was 3.135 billion kWh, a year-on-year decrease of 13.2%, wind power generation was 3.017 billion kWh, a year-on-year increase of 171%, and solar power generation was 193 million kWh, a year-on-year increase of 11.6%.
The growth momentum of key service industries is relatively good
From January to February, the overall operating income of the state's key service industries above designated size (staggered monthly indicators) was 373 million yuan, a year-on-year increase of 15.6%. Among them, the operating income of software and information technology services, Internet and related services, scientific research and technical services, leasing and business services increased by 73.84%, 16.46%, 25.79% and 17.51% respectively year-on-year; the operating income of culture, sports and entertainment, multimodal transport and transportation agency, and loading and unloading and warehousing increased by 24.93%, 25.67% and 61.27% respectively year-on-year.
Investment in fixed assets grew steadily
In the first quarter, the state's fixed asset investment increased by 8.8% year-on-year, 28.1 percentage points faster than the end of the previous year. By industry, investment in primary, secondary and tertiary industries increased by 65.3 percent, 23.7 percent and -7.5 percent year-on-year respectively.
By industry, industrial investment increased by 24.1 percent year-on-year, non-energy industrial investment increased by 42.0 percent year-on-year, transportation investment increased by 6.7 percent, digital economy investment increased by 74.0 percent, water conservancy investment increased by 40.1 percent, education investment increased by 84.1 percent, tourism investment increased by 194.7 percent, and agricultural investment increased by 65.3 percent.
Among the completed investments, industrial and private investment both achieved rapid growth, with year-on-year growth of 53.5% and 38.9% respectively.
Market consumption continues to recover
In the first quarter, the total retail sales of consumer goods in the state reached 26.901 billion yuan, a year-on-year increase of 4.6%. In terms of the location of business units, the retail sales of urban consumer goods were 21.96 billion yuan, up 4.6 percent year-on-year, and the retail sales of rural consumer goods were 4.941 billion yuan, up 4.9 percent year-on-year. In terms of consumption patterns, catering revenue was 2.961 billion yuan, up 13.2 percent year-on-year, and retail sales of goods were 23.94 billion yuan, up 3.7 percent year-on-year.
In terms of the categories of goods sold by units above designated size, the basic living consumption grew steadily, with grain, oil, food, and beverages increasing by 12.8 percent and 8.1 percent respectively year-on-year; the consumption of upgraded consumer goods was relatively active, with cosmetics, gold, silver, jewelry, and sports and entertainment goods increasing by 9.4 percent, 21.4 percent, and 33.7 percent year-on-year, respectively; and sales of new energy vehicles increasing by 23.9 percent year-on-year.
Residents' incomes grew steadily
In the first quarter, the per capita disposable income of residents in the state was 6,825 yuan, a year-on-year increase of 4.9%. In terms of permanent residence, the per capita disposable income of urban residents was 9,861 yuan, up by 3.7 percent, and that of rural residents was 4,538 yuan, up by 7.0 percent. In the first quarter, the statewide consumer price index (CPI) fell 0.8% year-on-year.
Overall, in the first quarter, the state's economic operation recovery situation is better than that of the whole province, and a good start has been achieved as scheduled, but it should also be noted that the effect of stable growth support needs to be further released, market supply and demand are still unstable, the industrial chain and new kinetic energy cultivation is more difficult, and the endogenous driving force for the economy to continue to rebound still needs to be catalyzed. In the next step, the whole state must consistently adhere to the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, fully implement the spirit of the 20th National Congress of the Communist Party of China and the spirit of the Central and Provincial Economic Work Conferences, anchor the annual economic and social development goals of the "Government Work Report" at the beginning of the year, adhere to the general tone of the work of seeking progress while maintaining stability, pay close attention to the implementation of various policies and work measures, and vigorously develop the resource economy, park economy, Port economy, accelerate economic transformation and upgrading, continue to optimize the business environment, vigorously boost market confidence, consolidate the trend of economic recovery month by month, and lay a solid foundation for the state's high-quality economic growth.
Source: Honghe Prefecture Bureau of Statistics, National Bureau of Statistics Red River Survey Team
Data collation: Ni Qin
Poster production: Zhang Danqing
Editor-in-charge: Wang Jingni
Honghe State Rong Media Center
Legal Counsel: Yunnan Lingyun (Honghe) Law Firm
Phone: 0873-3990877
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