11月全省经济行平稳向好

Economic Overview - The economic operation in Henan province shows a stable and positive trend, with major economic indicators growing faster than the national average, indicating enhanced resilience [1] Industrial Performance - In November, the industrial added value above designated size in Henan increased by 8.0% year-on-year, accelerating by 0.1 percentage points from the previous month and surpassing the national growth rate by 3.2 percentage points [1] - From January to November, the industrial added value grew by 8.4%, maintaining the same growth rate as the previous ten months and exceeding the national rate by 2.4 percentage points [1] - Key industrial chains contributed significantly, with a 10.5% increase in added value in November, accounting for 85.0% of the growth in the province's industrial sector [1] Investment Trends - Fixed asset investment in Henan showed steady growth, with a year-on-year increase of 4.3% from January to November, outpacing the national growth rate by 6.9 percentage points [1] - Investment in projects worth over 100 million yuan grew by 8.6%, contributing 5.6 percentage points to the overall investment growth [1] - Private investment continued to gain momentum, increasing by 6.8% from January to November, consistently higher than the overall investment growth rate since April of the previous year [1] Consumer Market - The retail sales of consumer goods in November reached 269.199 billion yuan, growing by 4.4%, which is 1.3 percentage points higher than the national average [2] - From January to November, the total retail sales amounted to 2,641.515 billion yuan, with a growth rate of 5.8%, exceeding the national growth rate by 1.8 percentage points [2] - Nearly 70% of retail goods maintained growth, with significant increases in upgraded consumer products such as wearable smart devices and smartphones [2] Policy Impact - The effects of policies are being fully realized, with the added value of the equipment manufacturing industry growing by 14.7% in November, outpacing the overall industrial growth rate by 6.7 percentage points [2] - Investment in equipment and tools saw an 11.1% increase from January to November, exceeding the overall investment growth rate by 6.8 percentage points [2] - Retail sales of photographic and communication equipment surged, with growth rates of 92.9% and 43.1% respectively in November [2]