Economic Overview - The overall economic operation of the city shows a steady progress with a GDP growth of 5.6% year-on-year in the first quarter [1] Production and Supply - Agricultural production remained stable, while industrial production showed good momentum, with the industrial added value of large-scale enterprises increasing by 8.8% year-on-year [2] - The manufacturing sector contributed significantly, with a 9.4% increase in manufacturing added value, accounting for 92.2% of the growth in industrial added value [2] - The service sector also experienced stable growth, with a year-on-year increase of 11.0% in revenue from large-scale service enterprises [2] Demand and Investment - Effective demand has been continuously released, with fixed asset investment growing by 3.7% year-on-year, an acceleration of 2.6 percentage points compared to the previous year [3] - Investment in major projects (excluding real estate) increased by 15.5% year-on-year, contributing 7.8 percentage points to overall investment growth [3] - Industrial investment surged by 32.3% year-on-year, with manufacturing investment growing by 44.4% [3] Consumption Trends - The total retail sales of consumer goods reached 168.7 billion yuan, a year-on-year increase of 5.7%, with online retail sales growing by 34.3% [3] - Consumption policies such as trade-in programs and consumption vouchers have significantly boosted market confidence [3] Innovation and New Industries - The city is focusing on technological innovation to drive the development of new productive forces, with strategic emerging industries and high-tech manufacturing sectors growing by 11.5% and 9.6% respectively [4] - Investment in high-tech manufacturing increased by 34.7%, with significant growth in the production of advanced smart products [4] Social Welfare and Public Spending - The city has increased fiscal spending on social security and health, with expenditures rising by 22.8% and 99.1% respectively [4] - The overall economic operation is stable, with a focus on high-quality development and the need to further consolidate the economic recovery [5]
一季度全市经济延续稳中有进态势
Zheng Zhou Ri Bao·2025-05-08 00:48