China News Service, Fuzhou, July 18 (Reporter Long Min) According to the Fujian Provincial Statistics Bureau, after preliminary calculations, the GDP of Fujian in the first half of 2020 was 1990.139 billion yuan (RMB, the same below), an increase of 0.5% year-on-year.
At the video meeting on the analysis of the economic situation in the first half of Fujian Province in the afternoon of the 17th and the summary of the work investigation and inspection, Wang Ning, acting governor of Fujian Province, said that Fujian’s economy has generally withstood the impact of the epidemic in the first half of the year, recovering monthly growth and recovery The positive trend is very obvious.
Since the beginning of this year, in the face of the sudden new pneumonia epidemic, Fujian's economic operations have suffered a great deal. In particular, due to the spread of overseas epidemics, many overseas merchants have proposed to delay delivery or even cancel orders, and the foreign trade industry, which accounts for a relatively high proportion in Fujian's economic structure, has suffered greatly.
Official statistics show that in the first quarter of this year, the GDP of Fujian Province was 899.99 billion yuan, a year-on-year decrease of 5.2%.
Many economic experts believe that with the continuous optimization of normal epidemic prevention and control measures and the gradual release of policy dividends, the current Fujian economy is accelerating the impact of hedging the epidemic. Since the second quarter, economic operations have improved month by month, and production demand has continued to pick up, supporting the positive stabilization and recovery Factors have increased significantly, and the economy has shown a recovery growth.
In an interview with China News Service, Professor Dai Yongwu from the School of Economics of Fujian Agriculture and Forestry University believes that Fujian has played a key role in investment, consumption and foreign trade, effectively counteracting the economic downward pressure caused by the epidemic, and promoting high-quality development in all directions.
Investment still acts as a “ballast stone” for Fujian's steady growth. According to the Fujian Provincial Development and Reform Commission, in the first half of this year, Fujian has completed a total investment of 275.1 billion yuan, accounting for 55% of the annual plan, achieving "more than half of the time and more than half of the tasks completed", an increase of 14.4% year-on-year.
As physical stores vigorously expand online platforms, carry out live broadcasts and other promotional activities, online retail expands rapidly, leading the steady recovery of the consumer market. According to the statistics of the Fujian Provincial Department of Commerce, the total retail sales of consumer goods in Fujian in the first half of this year amounted to 865.234 billion yuan, which rose from a year-on-year decline of 12.5% in the first quarter to a year-on-year decline of 5.4% in the first half.
Commodity imports have become a new growth point for Fujian's foreign trade. In the first half of this year, Fujian’s total foreign trade import and export value was 617.59 billion yuan, down 3.2% year-on-year, of which imports reached 252.13 billion yuan, an increase of 9.1% year-on-year, which was better than the country’s 12.4 percentage points.
Customs analysts said that the strong growth in imports was mainly due to the substantial increase in imports of some commodities. In the first five months of this year, iron ore imports increased by 69% year-on-year, copper ore imports increased by 50.5% year-on-year, and pork and edible vegetable oil imports increased by 3.6 times and 2.7 times, respectively.
At present, Fujian's economic activity is picking up speed, and some of the leading indicators have rebounded significantly, especially in June.
From the perspective of electricity consumption, the electricity consumption of the whole society in Fujian has rebounded from a year-on-year decrease of 7.5% in the first quarter to a year-on-year decrease of 0.7% in the first half of the year. Among them, the year-on-year growth rate in June was 12.8%, ranking second in the east. From the perspective of freight volume, the freight traffic volume of highways and waterways in Fujian increased by 12.1% and 6% year-on-year respectively in June, and the cargo throughput of coastal ports increased by 12.3% year-on-year.
Fujian Provincial Party Committee Secretary Yu Weiguo pointed out that the growth rate of Fujian's regional GDP has changed from negative to positive, the trend of "stable" is more distinct, the background of "guarantee" is firmer, and the momentum of "advance" continues to increase.
On the premise of grasping the prevention and control of normal epidemic situation, Fujian strives to promote economic and social development. Yu Weiguo stated that he must resolutely complete the decisive battle to overcome poverty, and ensure that a well-off society is fully built; actively expand effective investment, take multiple measures to stimulate consumption, accelerate consumption replenishment and release potential, and do everything possible to stabilize the basic foreign capital foreign trade; vigorously promote Technological innovation, accelerate the optimization and upgrading of industrial structure, and deepen the integration of Fujian and Taiwan in all fields. (Finish)