At the press conference on the economic operation of Guangzhou in the first three quarters of 2021 held by the Information Office of the Guangzhou Municipal People's Government on October 25, Chen Xiaohua, director of the Guangzhou Municipal Bureau of Statistics, said that in the first three quarters of this year, all districts and departments in Guangzhou Deeply implemented the decision-making and deployment of the central, provincial and municipal party committees and municipal governments, and the achievements of overall epidemic prevention and control and economic and social development were continuously consolidated. Emerging kinetic energy continues to be stimulated, people's livelihood is becoming more and more prominent, and the economic operation shows the characteristics of "stable operation and stable energy storage", which further lays a good foundation for the completion of the annual economic development goals and tasks.
According to the results of the unified accounting of the regional GDP of Guangdong Province, the GDP of Guangzhou in the first three quarters of 2021 was 2002.912 billion yuan, an increase of 9.9% year-on-year, and an average growth of 5.3% in two years. Among them, the added value of the primary industry was 18.863 billion yuan, an increase of 5.2% year-on-year, an average growth of 6.2% in two years; the added value of the secondary industry was 519.500 billion yuan, an increase of 10.3% year-on-year, an average growth of 5.4% in two years; the added value of the tertiary industry was 1464.549 billion yuan, an increase of 9.8% year-on-year, and an average growth of 5.3% in two years.
▍Look at agriculture: the output of key agricultural products has increased
In the first three quarters, the total output value of agriculture, forestry, animal husbandry and fishery in the city was 36.222 billion yuan, an increase of 6.8% year-on-year. Among the key agricultural products, the output of vegetable units increased steadily, and the unit output of vegetables and edible mushrooms in the city was 1.74 tons/mu, an increase of 1.1% year-on-year; fruit production maintained growth, of which the output of longan and lychee increased by 33.3% and 5.8% respectively; the highlights of flower planting were outstanding, and the output value increased by 13.1% year-on-year. Pig production capacity continued to expand, and the city's pig production increased by 74.5% year-on-year. The optimization of fishery species, ornamental fish farming, paddy field aquaculture sand shrimp and other new aquatic products grew rapidly, driving the city's aquatic product production to increase by 6.9% year-on-year, of which the output of seawater products increased by 8.6%, and the output of freshwater products increased by 6.3%.
▍ Look at the industry: the manufacturing industry has strong momentum in high-tech fields
In the first three quarters, the added value of industries above designated size in the city increased by 10.3% year-on-year, with an average growth of 4.6% in two years. The high-tech manufacturing industry grew rapidly, achieving an increase in added value of 28.1% year-on-year and an average growth of 16.7% in two years. Among them, the added value of the electronic and communication equipment manufacturing industry increased by 37.9% year-on-year, with an average growth rate of 22.2% in two years; the pharmaceutical manufacturing industry increased by 22.1%, with an average growth rate of 18.0% in two years. By product, new energy vehicles and multi-functional passenger vehicles (MPVs) rapid output, the first three quarters of the output increased by 78.2%, 62.8% year-on-year; strong demand for urban consumer goods, furniture, household electric water heaters, household room air cleaning devices, electric baking appliances production increased by 52.1%, 45.5%, 42.5% and 20.5% respectively; the potential of a new generation of information technology products released, optoelectronic devices, displays and mobile communication base station equipment output increased by 60.8% year-on-year, respectively, 44.6% and 40.3%.
▍Look at the service: the service industry is recovering, and the emerging service industry is shining
From January to August (staggered monthly data), the city's regulated service industry achieved a year-on-year increase in operating income of 24.9% year-on-year, and an average growth of 8.1% in two years. The operating income of the for-profit service industry increased by 23.9% year-on-year, and the average growth rate of 10.4% in the two years. Among the major industries, the Internet software industry and the scientific research and technology service industry continued to maintain a good growth momentum, achieving an increase of 18.3% and 28.3% year-on-year, respectively, and an average growth rate of 16.0% and 15.3% in the two years. The development of high-tech service industry and high-end professional service industry is resilient enough, and the total operating income of related industries increased by 19.7% and 29.6% year-on-year, respectively, and the average growth rate of 14.7% and 13.4% in two years was 14.7% and 13.4% respectively; the momentum of the modern logistics industry was booming, achieving an increase in operating income by 28.3% year-on-year and an average growth of 21.1% in two years.
▍ Look at consumption: the market recovers, and new consumption becomes the engine
In the first three quarters, the city achieved a total retail sales of social consumer goods of 749.989 billion yuan, an increase of 12.8% year-on-year. Among them, the retail sales of wholesale and retail trade, accommodation and catering trade increased by 11.6% and 29.7% respectively year-on-year, with an average growth of 3.6% and a decline of 4.6% in two years. Quality consumption became the mainstream, and the retail sales of gold, silver and jewelry and sports and entertainment products above designated size grew rapidly, increasing by 37.8% and 56.7% year-on-year, respectively, with an average growth of 24.3% and 31.2% in two years, and the retail sales of communication equipment products increased by an average of 8.8% in two years. Online consumption continued to maintain its popularity, and the online retail sales of physical goods in wholesale and retail trade above designated size increased by 11.3% year-on-year, an average growth of 21.1% in two years, accounting for 20.9% of the city's total retail sales of social consumer goods; the online meal revenue of accommodation and catering enterprises above designated size increased by 40.6% year-on-year, with an average growth of 35.1% in two years.
▍Look at investment: Investment in high-tech industries to accelerate energy storage
In the first three quarters, the city's fixed asset investment increased by 19.8% year-on-year, and the average growth rate in two years was 12.8%. By type, industrial investment continued to recover, an increase of 10.2% year-on-year, an increase of 5.1 percentage points over the first half of the year, of which the investment in industrial technological transformation increased by 25.2% year-on-year, accounting for 38.9% of industrial investment, highlighting the accelerated pace of application of scientific and technological achievements in the city's industrial development. Investment in high-tech manufacturing and high-tech service industries increased by 11.3% and 24.8% respectively, with growth rates increasing by 7.2 and 5.2 percentage points respectively over the first half of the year, accelerating the storage of energy for high-quality economic development. Private investment is full of confidence, and the completed investment increased by 37.7% year-on-year, with an average growth rate of 15.6% in two years, an increase of 3.2 percentage points over the average growth rate of the two years in the first half of the year.
▍Look at foreign trade: import and export growth is stable, and the export structure continues to be optimized
In the first three quarters, the total value of the city's foreign trade imports and exports was 816.010 billion yuan, an increase of 16.3% year-on-year, and an average growth of 7.1% in two years. Among them, imports were 333.64 billion yuan, an increase of 10.7% year-on-year. Exports were 482.37 billion yuan, an increase of 20.5% year-on-year. The export structure continued to be optimized, and the export of mechanical and electrical products increased by 20.6% year-on-year, accounting for 49.5% of the total export value; the export of high-tech products increased by 31.5% year-on-year. The actual use of foreign capital in the city was about 40.584 billion yuan, an increase of 12.9% year-on-year.
▍Look at finance: the market is running steadily, and the credit strength of enterprises and institutions has increased
At the end of September, the balance of local and foreign currency deposits and loans of financial institutions in the city was 13.29 trillion yuan, an increase of 12.1% year-on-year. Among them, the balance of deposits was 7.28 trillion yuan and the balance of loans was 6.01 trillion yuan, an increase of 11.0% and 13.5% respectively year-on-year. Credit efforts of enterprises and institutions increased, and loans increased by 14.7%, of which medium- and long-term loans increased by 18.7% year-on-year, maintaining a relatively rapid growth momentum. From the perspective of industry distribution, leasing and business services, transportation and warehousing, postal services, and manufacturing industries have more new loans, up 22.7%, 18.3% and 12.3% respectively year-on-year.
▍ Look at freight: the growth trend is good, and the express delivery business is active
In the first three quarters, the city's cumulative freight volume was 715 million tons, an increase of 10.7% year-on-year, an increase of 1.5% over the same period in 2019, and has basically recovered to the pre-epidemic level. Among them, railway and road freight transport maintained a good growth trend, increasing by 27.5% and 22.3% respectively year-on-year. Baiyun Airport's cargo and mail throughput has grown steadily, and the monthly cargo and mail throughput growth rate has increased month by month since July, and the cargo and mail throughput in September hit a record high, exceeding 180,000 tons for the first time. The port production and operation are improving, and the port of Guangzhou has completed a total container throughput of 18.0742 million TEUs, an increase of 5.1% year-on-year. The volume of postal business grew rapidly under the support of express delivery business, and the total volume of postal business in the city increased by 35.1% year-on-year, with an average growth of 28.3% in two years, of which the volume of express delivery business reached 7.433 billion pieces, an increase of 43.0% year-on-year.
▍ Look at people's livelihood: residents' income continues to rise
The employment situation is stable and improving. In the first three quarters, the number of new jobs in the city's cities and towns was 248,300, an increase of 17.46% year-on-year, and 112.86% of the annual task was completed. At the end of September, the registered unemployment rate in cities and towns was 2.14%, down 0.39 percentage points year-on-year, controlled within the target of 3.5%. At the end of September, the number of "four upper" enterprises in the city was close to 348.91 million, a record high in the calendar year; the number of "four upper" enterprises at the end of the period was 4.4826 million, an increase of 6.7% year-on-year, and an average growth of 5.7% in two years.
Investment in facilities to benefit people's livelihood is increasing. In the first three quarters, the city's investment in fixed assets in social undertakings increased by 52.6% year-on-year, and the average growth rate in two years was 32.2%. Among them, the investment in education and culture, sports and entertainment increased by 84.3% and 1.0 times respectively year-on-year.
The income of urban and rural residents has steadily increased. In the first three quarters, the per capita disposable income of urban residents in the city was 58608 yuan, an increase of 10.7%, an average growth of 7.8% in two years; the per capita disposable income of rural residents was 28706 yuan, an increase of 11.8%, and an average growth of 9.4% in two years.
The Guangzhou Municipal Bureau of Statistics said that overall, Guangzhou's economic stability and recovery trend continues, and economic development shows great resilience and potential. However, at present, Guangzhou is facing many external unstable and uncertain factors, the impact of chip shortage and energy supply shortage has not subsided, there is still uncertainty about the international and domestic epidemics, commodity prices are still high, and there are more challenges to the stable operation of the economy. In the next stage, we must unswervingly grasp the work of epidemic prevention and control and economic development, and focus on high-quality development in accelerating the construction of a new development pattern, not only paying close attention to various risks and challenges and actively taking measures, precise policies, consolidating the foundation of economic recovery, but also focusing on long-term high-quality development, continuously stimulating market vitality, enhancing development momentum, and releasing domestic demand potential, so as to lay a solid foundation for the "Fourteenth Five-Year Plan" to start a good situation and take a good step.
Text/Guangzhou Daily, New Flower City Reporter: Tu Duanyu
Photo/ Guangzhou Daily, Xinhuacheng reporter: Yang Yaoye, Mo Weinong, Su Yunhua, Zhuang Xiaolong, Luo Changwei
Guangzhou Daily New Flower City Editor: Lin Weilin