(Fighting against New Coronary Pneumonia) Wuhan's GDP fell by 40.5% year-on-year in the first quarter of this year

  China News Agency, Wuhan, April 29 (Reporter Xu Jinbo) The Wuhan Municipal Statistics Bureau announced on the 29th the economic operation of the city in the first quarter of this year, and its regional gross domestic product (GDP) was calculated at comparable prices, down from the same period last year 40.5%.

  According to the unified accounting results of regional GDP, Wuhan ’s GDP was calculated at comparable prices in the first quarter of 2020, a decrease of 40.5% over the same period of the previous year. Among them, the added value of the primary industry decreased by 36.4%; the added value of the secondary industry decreased by 45.4%; the added value of the tertiary industry decreased by 37.7%.

  Statistics show that in the first quarter of this year, the total output value of agriculture, forestry, animal husbandry, fishery and its services in Wuhan was 10.53 billion yuan (RMB, the same below), a year-on-year decrease of 45.9%; industrial production declined, and the value added of industries above designated size fell by 39.7% year-on-year; 38 industries Among the major categories, except for the added value of the tobacco products industry, which maintained a positive growth, the remaining 37 industries declined year-on-year; the service industry production slowed down, and the information technology service industry suffered relatively little damage.

  Over the same period, Wuhan ’s fixed asset investment fell 81.6% year-on-year. The total retail sales of social consumer goods was 99.474 billion yuan, a year-on-year decrease of 45.7%. The total revenue of the general public budget was 57.144 billion yuan, a year-on-year decrease of 44.0%. The total import and export volume was 39.63 billion yuan, a year-on-year decrease of 16.1%. Affected by the Spring Festival and epidemic factors, consumer prices rose by 6.0% year-on-year.

  The relevant person in charge of the Wuhan Municipal Bureau of Statistics said that the main economic indicators of the city declined significantly in the first quarter of the city due to the sudden impact of the new epidemic of pneumonia. However, with the continuous improvement of the epidemic prevention and control situation, Wuhan's resumption of production, business, and resumption of the market has proceeded in an orderly manner, and the production and operation order of various industries has gradually recovered. Taken together, the epidemic caused pain to Wuhan's economic and social development is sudden and temporary. Most of the time, the negative economic growth in the state of suspension and semi-stoppage is not historically comparable, and will not affect Wuhan's economic development. The fundamentals of the good, the city's economic crisis and opportunities coexist, both pressure and confidence.

  "The main performance is that Wuhan has a good economic foundation, strong resilience, and sufficient potential. The long-term economic development trend has not changed. Although the negative growth in the first quarter, the decline in a number of indicators in March narrowed, and the economy is gradually repairing; As expected, better than expected, positive factors are constantly accumulating; the economic structure is also constantly being adjusted and optimized. "The person in charge explained.

  According to reports, Wuhan's total GDP in 2019 exceeded 1.6 trillion yuan, and the per capita GDP exceeded the 20,000 US dollar mark for the first time, becoming the largest manufacturing city in central China. Its 38 industrial sectors include automobile manufacturing, computer, communications and The output value of other electronic equipment manufacturing industry, electric power, heat production and supply industry, electrical machinery and equipment manufacturing industry exceeds 100 billion yuan. Wuhan is an important commercial and logistics center in China, with a total retail sales of consumer goods exceeding 700 billion yuan. (Finish)