China News Network Kunming, April 20 (Chen Jing) A reporter learned from the Yunnan Provincial Statistics Bureau on the 20th that the GDP of the whole province in the first quarter of 2020 was 510.777 billion yuan, a year-on-year decrease of 4.3%, and high-tech manufacturing increased by 23.9% year-on-year The foundation of the province ’s continued economic improvement is gradually recovering, and the overall economic and social situation is stable.
In the first quarter, Yunnan's epidemic prevention materials were strong, enterprises resumed production and accelerated production, production in important industries was stable, and supplies of daily necessities were abundant. The province's economy withstood the severe test brought about by the epidemic.
According to the unified accounting results of regional GDP, the provincial GDP in the first quarter of 2020 was 510.77 billion yuan, a decrease of 4.3% year-on-year. Among them: the added value of the primary industry was 49.176 billion yuan, down 1.1% year-on-year; the added value of the second industry was 160.834 billion yuan, down 6.0% year-on-year; the added value of the tertiary industry was 300.767 billion yuan, down 3.4% year-on-year.
In the first quarter, the added value of the industrial enterprises above designated size in the province dropped by 3.0% year-on-year, which was narrowed by 0.8 percentage points from January to February. From the perspective of the three major categories, the added value of the mining industry in the province decreased by 5.9% year-on-year, the added value of the manufacturing industry decreased by 1.2%, and the added value of the electricity, heat, gas and water production and supply industries decreased by 8.7%.
At the same time, the high-tech manufacturing industry in Yunnan increased by 23.9% year-on-year. Among them, the electronics and communications equipment manufacturing industry, medical instrument equipment and instrument manufacturing industry, computer and office equipment manufacturing industry grew rapidly, with an increase of 54.6%, 19.5% and 3.1% respectively. In the chemical and pharmaceutical industries, the manufacturing of special chemical products increased by 58.8%, and the hygiene materials and medical supplies industry increased by 81.1%.
In the first quarter, investment activities in Yunnan slowed down, and real estate development increased slightly. The province's investment in real estate development increased by 1.3% year-on-year, an increase of 29.4 percentage points from January to February. The sales area of commercial housing in the province decreased by 21.2% year-on-year, and sales decreased by 24.3%, which were narrowed by 11.1 and 6.4 percentage points from January to February respectively.
The province's total retail sales of social consumer goods reached 20.128 billion yuan, a year-on-year decrease of 14.3%. In the retail category of units above designated size, the sales of commodities achieved through public networks increased by 1.1 times year-on-year, and the growth rate increased by 79.8 percentage points over the same period of the previous year.
Some of the leading indicators in Yunnan improved in the first quarter. From the perspective of electricity consumption, the province's entire society consumes 41.729 billion kWh, an increase of 5.8% year-on-year. Among them, the total industrial electricity consumption was 27.115 billion kWh, an increase of 4.7% year-on-year, indicating that the province's industrial enterprises maintained normal operation. From the perspective of cargo transportation, in March, the province's road freight turnover increased by 4.5%, up 22.9 percentage points from February. In March, the province's manufacturing purchasing managers index (PMI) was 50.7%, which was higher than the gloom line, indicating that entrepreneur confidence has rebounded.
A spokesman for the Yunnan Provincial Statistics Bureau said, “Yunnan ’s economic performance in the first quarter of this year can be summed up in three sentences: the impact is severe, the response is strong, and the expectation is good.” When SARS occurred in 2003, Yunnan ’s economy still maintained positive growth. However, during the period of the next new coronary pneumonia, there was a decline, and the impact of the epidemic on the economy was more obvious. After the outbreak, the Yunnan Provincial Party Committee and Provincial Government issued 22 measures to support the development of small and medium-sized enterprises, comprehensively promote economic development and achieve results in terms of resuming production and production, promoting investment and increasing people's livelihood investment. Judging from the data currently released, some indicators have improved since March, and this trend will continue in the second quarter, and the foundation of the province's continued economic improvement is gradually recovering. (Finish)