China News Service, March 19 (Xinhua) The website of the Beijing Municipal Bureau of Statistics announced on the 19th the economic performance of Beijing from January to February 2024. Among them, from January to February, the city's consumer price increased by 0.3% year-on-year.
From January to February, Beijing conscientiously implemented the decisions and arrangements of the Party Central Committee and the State Council, adhered to the general tone of seeking progress while maintaining stability, and focused on expanding domestic demand, optimizing structure, and improving confidence. Production demand increased steadily, prices remained stable, and the city's economy Continue to pick up for the better.
Industrial growth accelerates, with the electronics and power industries playing a leading role
From January to February, the city's industrial added value above designated size increased by 6.4% year-on-year based on comparable prices, 6 percentage points higher than the previous year.
Among the key industries, the computer, communication and other electronic equipment manufacturing industry increased by 26.8%, the electricity and heat production and supply industry increased by 11.2%, the automobile manufacturing industry increased by 2.2%, the five major equipment manufacturing industries[1] increased by 0.9%, and the pharmaceutical manufacturing industry decreased by 4.3%.
The output of products in some high-end or emerging fields grew rapidly. The output of new energy vehicles, smartphones, wind turbines, and industrial robots increased by 1.3 times, 72.0%, 66.9%, and 62.7% respectively.
Fixed asset investment grew rapidly, and investment in high-tech manufacturing was active.
From January to February, the city's fixed asset investment (excluding rural households) increased by 9.4% year-on-year, 4.5 percentage points higher than the previous year.
In terms of sectors, infrastructure investment increased by 34.0%, manufacturing investment increased by 30.3%, and real estate development investment increased by 2.4%.
In terms of industries, investment in the primary industry increased by 66.5%, investment in the secondary industry increased by 24.0%, of which investment in high-tech manufacturing increased by 33.9%, driven by projects such as integrated circuits and new energy vehicles, and investment in the tertiary industry increased by 7.5%.
From January to February, the city's housing construction area was 100.382 million square meters, a year-on-year decrease of 11.9%, of which the residential construction area was 49.308 million square meters, a decrease of 12.1%.
Driven by the concentrated sales of affordable housing, the city's commercial housing sales area was 1.152 million square meters, a year-on-year increase of 11.4%, of which residential sales area was 829,000 square meters, an increase of 14.6%.
Consumption continues to recover, and festival characteristics are more prominent
From January to February, the city's total retail sales of consumer goods reached 237.42 billion yuan, a year-on-year increase of 2.6%.
Among them, enterprises in the wholesale and retail industry, accommodation and catering industries above designated size achieved online retail sales of 78.63 billion yuan, an increase of 2.9%.
In terms of consumption patterns, catering revenue was 21.51 billion yuan, an increase of 3.6%; retail sales of goods was 215.91 billion yuan, an increase of 2.5%.
Commodity consumption showed festive characteristics. In the wholesale and retail industries above designated size, the retail sales of gold and silver jewelry, communication equipment, sports and entertainment supplies, and cosmetics increased by 29.6%, 21.5%, 6.7%, and 5.1% respectively; automobile commodities Retail sales increased by 8.3%, of which new energy vehicles increased by 22.2%.
Consumer prices have been running smoothly, and industrial producer prices have continued to decline.
From January to February, the city's consumer price increased by 0.3% year-on-year.
Among them, food prices decreased by 5.0%, non-food prices increased by 1.2%, consumer goods prices decreased by 1.4%, and service prices increased by 2.1%.
In terms of categories, the price of education, culture and entertainment increased by 6.9%, the price of other supplies and services increased by 3.7%, the price of transportation and communication increased by 0.6%, the price of clothing increased by 0.5%, the price of daily necessities and services increased by 0.2%, and the price of medical care Prices of food, tobacco and alcoholic beverages increased by 0.2%, residential prices remained unchanged, and prices of food, tobacco and alcohol fell by 2.9%.
In February, consumer prices increased by 0.9% year-on-year and 0.1% month-on-month.
From January to February, the city's industrial producer prices fell by 0.9% year-on-year, and purchase prices fell by 1.4% year-on-year.
In February, the ex-factory price of industrial producers decreased by 1.2% year-on-year and remained unchanged month-on-month; the purchase price decreased by 1.9% year-on-year and decreased by 0.2% month-on-month.