Local Economy: Zhejiang'S Economy Continued To Improve In The First Four Months

Recently, the reporter learned from the Provincial Bureau of Statistics that Zhejiang's economy continued to recover from January to April.

Industrial production picked up steadily. From January to April, the added value of industries above designated size was 691.4 billion yuan, up 3.3% year on year (the following are all year on year). In April, the added value of industries above designated size increased by 6.4% year on year. The equipment manufacturing industry, high-tech industry, strategic emerging industry, and manufacturing industry, the core industry of the digital economy and other emerging driving forces were strongly supported, with growth rates of 12.3%, 7.9%, 7.5% and 6.9% respectively.

Investment growth was stable and positive. From January to April, the investment in fixed assets increased by 9.1% year on year, unchanged from the first quarter. In terms of investment in key areas, investment in manufacturing, high-tech industries, transportation, water conservancy and energy increased by 20.6%, 35.7% and 9.3% respectively. The project investment continued to develop, with a year-on-year growth of 14.5%. The growth rate of real estate development investment rose slightly, up 1.7%, 0.2 percentage points faster than that in the first quarter.

The consumer market continued to recover. In April, the total retail sales of social consumer goods in the province was 236.3 billion yuan, up 23.7% year on year, 10.5 percentage points higher than that in March. Among them, the turnover of accommodation industry and catering industry above designated size in the province increased by 81.9% and 49.2% respectively, 35.3 and 14.4 percentage points higher than that in March, both of which reached new highs in the year.

It is worth mentioning that with the full release of travel demand, the passenger volume has grown rapidly. In April, the passenger traffic volume of the province increased 1.8 times year on year, and the passenger turnover volume increased 4.2 times, 90.1 and 290.6 percentage points higher than that of the previous month respectively. From January to April, the passenger volume and passenger turnover of the province increased by 65.4% and 96.7% respectively.

Import and export grew rapidly. From January to April, imports and exports, exports and imports increased by 8.3%, 9.8% and 4.0% respectively, 3.5, 3.7 and 3.0 percentage points faster than that in the first quarter. Emerging markets have been vigorously developed, with imports and exports to Africa, ASEAN, Latin America and the Middle East growing by 30.8%, 17.7%, 17.4% and 12.8% respectively. The export of the "new three samples" grew rapidly, with electric vehicles, lithium batteries and solar cells growing by 91.7%, 81.3% and 32.2% respectively.

"On the whole, in April, the province focused on the steady improvement of the economy, and the economic operation continued to pick up. However, it should also be noted that the constraints of insufficient aggregate demand are still obvious, and the trend of continuous recovery needs to be consolidated and the foundation for steady repair needs to be consolidated." The relevant person in charge of the Provincial Bureau of Statistics said.