In the first quarter, Guangming District fully implemented the spirit of the 20th National Congress of the Communist Party of China and the Second Plenary Session of the 20th Central Committee of the Communist Party of China, implemented the work arrangements of the Provincial Party Committee and the Municipal Party Committee, adhered to the principle of seeking progress while maintaining stability, promoting stability with progress, and establishing first and then breaking through.
According to the results of the unified accounting of Shenzhen's GDP
In the first quarter of 2024, the GDP of Guangming District will be 34.307 billion yuan, an increase of 7.2% year-on-year (the same below). Among them, the added value of the primary industry was 36 million yuan, down by 5.0 percent, the added value of the secondary industry was 23.501 billion yuan, up by 10.3 percent, and the added value of the tertiary industry was 10.770 billion yuan, up by 0.9 percent.
01
Industrial development to excellent "color"
In the first quarter, the region's industrial production achieved steady growth, and the added value of industrial enterprises above designated size increased by 10.6 percent. Among the major industries, the added value of the manufacturing of electronic equipment such as computers and communications increased by 22.4 percent, the added value of the manufacturing of electrical machinery and equipment increased by 5.4 percent, and the added value of the production and supply of electricity and heat increased by 25.3 percent. The industrial added value of the whole district increased by 18.8 percent, 10.1 percentage points higher than the growth rate of the whole city.
02
The consumer market is back to warm and "dynamic"
In the first quarter, the whole region coordinated the implementation of the strategy of expanding domestic demand and consumption, accurately implemented various policies and measures to promote consumption, optimized the market environment, and the total retail sales of consumer goods reached 6.173 billion yuan, and the growth rate of 8 of the 10 major commodity categories above designated size increased compared with January and February, with a bright performance. Among them, the retail sales of grains and oils, food and beverages above designated size increased by 65.8% and 14.5% respectively, an increase of 103.7 and 30.6 percentage points from January to February.
03
Construction enterprises are growing for the better, "there are bright spots"
In the first quarter, the total output value of the district's qualified construction industry increased by 44.3%, ranking third in the city. The output value of the top 10 key enterprises accounted for ninety percent of the total output value of the construction industry in the region, maintaining strong support and driving the growth of the construction industry by 65.9 percentage points. Among them, the total output value of four key enterprises, Daan Construction, China Construction Eighth Bureau, China Machinery South China, and Guangming Construction Engineering, drove the output value of the construction industry in the region to increase by 26.1 percentage points.
04
The financial development environment is "effective"
The region continues to optimize the development environment and financial service functions of the financial industry, and strengthen the efforts to serve the real economy. At the end of March, the balance of domestic and foreign currency deposits of financial institutions was 155.538 billion yuan, up by 13.9 percent, and the balance of domestic and foreign currency loans of financial institutions was 127.733 billion yuan, up by 10.8 percent. From January to February, the volume of securities transactions (staggered months) increased by 46.3%, and in the first quarter, premium income increased by 1.3%.
05
The development of emerging industries is "potential"
In the first quarter, the added value of strategic emerging industries in the region increased by 10.9 percent, 0.3 percentage points higher than the growth rate of the added value of industries above designated size in the region, accounting for more than 60% of GDP, becoming a new growth point for economic development. Among them, the new energy industry increased by 18.4%, the intelligent terminal industry increased by 25.9%, the semiconductor and integrated circuit industry increased by 24.6%, and the ultra-high-definition video display industry increased by 20.2%.
06
The investment field is positive and there is a "breakthrough"
In the first quarter, the region continued to optimize the asset investment structure, make up for the shortcomings and weaknesses of investment, and effectively promote the construction of fixed asset investment projects, with fixed asset investment increasing by 14.4%. In terms of funding sources, government investment grew strongly, up by 70.9 percent. In terms of key areas, investment in the manufacturing industry achieved rapid growth, with an increase of 26.7 percent, of which the high-tech manufacturing industry increased by 48.6 percent and the infrastructure investment increased by 17.2 percent.
07
People's livelihood expenditure is "guaranteed"
In the first quarter, the region intensified efforts to adjust the structure of fiscal expenditure, and the expenditure in key areas of people's livelihood such as culture, tourism, media, and housing was better guaranteed, and the expenditure in nine categories of people's livelihood areas completed 4.762 billion yuan, accounting for 79.0% of the local general public budget expenditure. Among them, the expenditure on education increased by 0.7 percent, the expenditure on culture, tourism, sports and media increased by 39.1 percent, the expenditure on social security and employment increased by 6.6 percent, and the expenditure on housing security increased by 13.3 percent.
On the whole, the economy of Guangming District had a good start in the first quarter, laying a good foundation for achieving the goals and tasks of the whole year. In the next stage, we will adhere to the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, completely, accurately and comprehensively implement the new development concept, consolidate the positive trend of economic recovery, and continue to promote the economy to achieve qualitative and effective improvement and reasonable quantitative growth.
Content source: Guangming District Bureau of Statistics
Editor: Li Ke
Reviewer: Jin Feng, Chen Yuanyuan, Xie Yanli
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