5月全省经济延续稳中向好态势

Economic Overview - The province's economy continued to show a stable and positive development trend in May, with industrial production maintaining rapid growth and investment and consumption growth slightly accelerating, with key indicators consistently above the national average [1] Industrial Production - The province's industrial added value above designated size increased by 7.4% year-on-year in May, exceeding the national average by 1.6 percentage points; from January to May, the growth was 8.4%, surpassing the national average by 2.1 percentage points [1] - High-tech manufacturing and strategic emerging industries saw added value growth of 12.4% and 7.6% respectively in May, higher than the overall industrial added value growth by 5.0 and 0.2 percentage points [1] - The automotive manufacturing and electrical machinery sectors experienced significant growth, with added value increasing by 26.7% and 20.3% respectively, outpacing the overall industrial growth by 19.3 and 12.9 percentage points [1] Fixed Asset Investment - From January to May, fixed asset investment in the province grew by 6.6% year-on-year, exceeding the national average by 2.9 percentage points [2] - Investment in projects worth over 100 million yuan increased by 11.4%, contributing 7.1 percentage points to overall investment growth, an improvement of 0.4 percentage points compared to the previous four months [2] - Industrial investment surged by 29.5% in the first five months, accelerating by 2.9 percentage points compared to the previous period [2] - Private investment grew by 9.7%, surpassing the overall investment growth by 3.1 percentage points [2] - Investment in high-tech manufacturing increased by 25.8%, with computer and office equipment manufacturing investment growing by 2.9 times [2] Consumer Demand - In May, the total retail sales of consumer goods reached 235.22 billion yuan, growing by 8.5% year-on-year, which is 2.1 percentage points higher than the national average [3] - From January to May, total retail sales amounted to 1,182.01 billion yuan, with a growth rate of 7.5%, also exceeding the national average by 2.5 percentage points [3] - The retail sales of machinery and equipment increased by 46.1% due to large-scale equipment updates and other policy measures [3] - The retail sales of various consumer goods categories, including computers and smartphones, saw significant increases, contributing 56.8% to the overall retail sales growth [3] - Online retail sales grew by 69.1% in May, significantly boosting overall retail sales by 4.9 percentage points [3]