Group 1 - The 34th Harbin International Economic and Trade Fair (referred to as "Harbin Fair") will be held from May 17 to 21, 2025, in Harbin City, with participation from 38 countries and regions, and over 1,500 enterprises registered for exhibition [1][2] - The theme of this year's Harbin Fair is "Building a New High Ground for Opening Up to the North, Sharing New Opportunities for Revitalization and Development," focusing on five platforms: comprehensive opening up, Sino-Russian local cooperation, trade investment, industrial docking, and exhibition transactions [1] - The total exhibition area for this year's Harbin Fair is 683,000 square meters, featuring the largest number of sub-venues and the largest exhibition area compared to previous years, with the introduction of dual guest countries and outdoor exhibition areas for international and Hong Kong, Macao, and Taiwan consumer exhibits [1] Group 2 - Nearly 100 supporting activities will be held during the Harbin Fair, including the "Foreign Investment Enterprises in Longjiang" event organized by the China Council for the Promotion of International Trade, and the Russian Food Culture Festival organized by the Russian Export Center [2] - Cultural and artistic activities will be held under the Sino-Russian Local Cultural Arts Season, including dance drama performances and other forms of artistic events [2] - Consumer promotion activities such as "First Launch, First Show, First Exhibition" will take place at the main and sub-venues, along with promotional activities featuring leading influencers and online celebrities to showcase products from Heilongjiang Province [2]

Investment Rating - The report does not explicitly provide an investment rating for the industry Core Insights - The overall economic performance of Heilongjiang Province in 2024 shows a GDP of 16476.9 billion yuan, with a growth rate of 3.2% compared to the previous year [8] - The three major industries' contributions to GDP are as follows: primary industry at 3203.3 billion yuan (2.9% growth), secondary industry at 4147.3 billion yuan (-0.2% decline), and tertiary industry at 9126.2 billion yuan (4.7% growth) [8] - The province's population at the end of 2024 is 30.29 million, with an urbanization rate of 68.05%, reflecting a 0.94 percentage point increase from the previous year [14] - The agricultural sector shows a total output value of 5904.1 billion yuan, with a growth of 3.1%, and a grain production of 8001.7 million tons, maintaining the top position among provinces [20] - Industrial production has seen a decline of 3.1% in the added value of large-scale industries, with notable growth in the petrochemical industry at 7.9% [24][25] - Fixed asset investment increased by 6.0%, with significant growth in infrastructure investment at 11.0% [32][33] - The retail market shows a total social retail sales of 5738.9 billion yuan, growing by 1.9%, with a notable increase in online retail sales by 9.2% [34][35] - The province's foreign trade reached a total value of 3122.8 billion yuan, with exports growing by 14.4% [36] Summary by Sections Economic Overview - Heilongjiang's GDP reached 16476.9 billion yuan, with a growth of 3.2% [8] - The three industries' contributions are 19.4% for primary, 25.2% for secondary, and 55.4% for tertiary [8] Population and Employment - The total population is 30.29 million, with an urbanization rate of 68.05% [14] - Urban employment increased by 37.7 million, exceeding the annual target by 125.5% [17] Agriculture - Total agricultural output value is 5904.1 billion yuan, with a growth of 3.1% [20] - Grain production is 8001.7 million tons, maintaining the top position nationally [20] Industry - Industrial added value decreased by 3.1%, with the petrochemical sector growing by 7.9% [24][25] - High-tech manufacturing increased by 4.1% [25] Investment - Fixed asset investment grew by 6.0%, with infrastructure investment up by 11.0% [32][33] Trade - Total foreign trade value reached 3122.8 billion yuan, with exports increasing by 14.4% [36] Consumer Market - Social retail sales totaled 5738.9 billion yuan, growing by 1.9% [34] - Online retail sales increased by 9.2% [35]