Gansu GDP in 1st Half of 2019: Up by 6.0%

In the first half of 2019, Gansu GDP reached 377.18 billion yuan, a year-on-year increase of 6.0%. The growth rate dropped by 1.9 percentage from the first quarter and 1.0 percentage point over the same period of last year. The added value of the primary industry was 24.38 billion yuan, up 5.6%; the added value of the secondary industry was 125.13 billion yuan, up 5.2%; the added value of the tertiary industry was 227.67 billion yuan, up 6.5%.

In the first half of the year, the added value of agriculture, forestry, animal husbandry, fishery, agriculture, forestry, animal husbandry and fishery services in the province increased by 5.2% year-on-year, and the growth rate was 0.3 and 0.1 percentage points higher than that of the first quarter and the same period of last year.

In the first half of the year, the province’s total summer grain output is expected to be 3.272 million tons, an increase of 1.9%. The province’s vegetable output was 3.970 million tons, an increase of 15.4%; fruit production was 97,000 tons, an increase of 12.1%; oil production was 201,000 tons, an increase of 24.7%.

In the first half of the year, the province’s pig stocks fell by 2.6% year-on-year, and the stocks increased by 1.5%; the cattle stocks increased by 4.0%, and the stocks increased by 3.6%; the sheep stocks increased by 4.8%, and the stocks increased by 5.1%. The province’s total meat output was 521,000 tons, an increase of 3.0%.

In the first half of the year, the added value of industrial enterprises above designated size increased by 3.4% year-on-year, and the growth rate dropped by 0.5 and 0.2 percentage points respectively from January to May and the same period of last year. In June, the added value of industrial enterprises above designated size increased by 1.2% year-on-year, and the growth rate was 7.6 percentage points faster than that in May.

In the first half of the year, the industrial added value of non-public enterprises above designated size increased by 10.3% year-on-year, and the growth rate was 6.9 percentage points higher than the added value of industrial enterprises above designated size.

From January to May, the total profit of industrial enterprises above designated size was 9.24 billion yuan, down 28.1% year-on-year, and the decline was 7.0 percentage points lower than that in January-April. The cost per 100 yuan of operating income is 86.32 yuan.

In the first half of the year, the province’s fixed asset investment increased by 2.4% year-on-year, and the growth rate rebounded by 11.4 percentage points over the same period of last year, down 1.7 percentage points from January to May. Among them, project investment increased by 1.8%, and real estate development investment increased by 4.1%. Private investment fell by 7.7%.

Investment in the primary industry fell by 26.6% year-on-year; investment in the secondary industry increased by 18.9%, of which industrial investment increased by 25.4%; investment in the tertiary industry increased by 1.2%.

In the first half of the year, the province’s infrastructure investment increased by 8.7% year-on-year, and the growth rate accelerated by 3.7 percentage points from January to May.

In the first half of the year, the total retail sales of social consumer goods in the province increased by 7.2% year-on-year, and the growth rate was 0.1 percentage points higher than that in January-May. Among them, the retail sales of urban and rural social consumer goods increased by 7.3% and 6.6% respectively.

The province’s wholesale industry sales increased by 6.9% year-on-year, retail sales increased by 9.4%, the lodging industry’s turnover increased by 9.3%, and the catering industry’s turnover increased by 14.0%.

The province’s total import and export value was 18.82 billion yuan, down 6.1% year-on-year, and the decline was 3.5 percentage points lower than the first quarter. Among them, the total value of exports was 6.79 billion yuan, an increase of 1.2%; the total value of imports was 12.03 billion yuan, down 9.7%.

In the first half of the year, the province’s general public budget revenue was 44.28 billion yuan, down 2.0% year-on-year. Considering the impact of the tax reduction and fee reduction policy and some of the one-time non-tax revenue factors last year, the same caliber increased by 4.3%. Among them, tax revenue decreased by 5.8%, and non-tax revenue increased by 7.6%. The general public budget expenditure was 214.85 billion yuan, an increase of 15.0%. Among them, 11 categories of people’s livelihood expenditure increased by 16.7%, and poverty alleviation expenditure increased by 38.5%.

At the end of June, the balance of local and foreign currency deposits of financial institutions in the province was 1996.36 billion yuan, a year-on-year increase of 7.6%. The growth rate was 1.1 percentage points higher than that at the end of May. The balance of loans of local and foreign currencies of financial institutions was 2,038.40 billion yuan, an increase of 8.0%. Falling 0.2 percentage points.

In the first half of the year, the province’s railway passenger traffic was 28.017 million passengers, a year-on-year increase of 7.2%. The growth rate was 0.6 percentage points higher than that in January-May. The freight volume was 26.325 million tons, down 14.2%, and the decline was narrowed by 0.7 percentage points.

In the first half of the year, the province’s highway passenger traffic was 190 million passengers, a decrease of 0.9%. The decline was 0.3 percentage points higher than that of January-May. The cargo volume was 310 million tons, an increase of 5.6%, and the growth rate accelerated by 0.4 percentage points.

In the first half of the year, the consumer price of the province increased by 2.1% year-on-year, and the growth rate was 0.1 percentage points higher than that of January-May. In June, consumer prices rose by 2.5% year-on-year and 0.2% quarter-on-quarter.

In the first half of the year, the ex-factory price of industrial producers in the province fell by 0.6% year-on-year, a decrease of 0.4 percentage points from January to May; the purchase price of industrial producers rose by 1.2%, and the growth rate dropped by 0.2 percentage points. In June, the ex-factory price of industrial producers fell by 2.2% year-on-year and by 0.7% month-on-month; the purchase price of industrial producers rose by 0.2% year-on-year and 0.7% quarter-on-quarter.

In the first half of the year, the per capita disposable income of urban residents in the province was 15,334 yuan, an increase of 8.0% year-on-year. The growth rate dropped by 0.1 percentage points from the first quarter, which was the same as that of the same period last year. Among them, wage income increased by 9.5%, net operating income increased by 4.1%, net property income increased by 3.6%, and net income transferred increased by 6.2%.

In the first half of the year, the per capita disposable income of rural residents in the province was 4,177 yuan, a year-on-year increase of 9.0%. The growth rate was 0.1 percentage points higher than that in the first quarter, which was the same as that of the same period last year. Among them, wage income increased by 9.3%, net operating income increased by 8.8%, net income of property decreased by 10.7%, and net income of transfer increased by 10.9%.

According to preliminary calculations, in the first half of the year, the added value of the top ten ecological industries in the province increased by 5.0% year-on-year, accounting for 20.1% of the province’s regional GDP.

In the first half of the year, the province’s industrial energy consumption above designated size fell by 4.9% year-on-year, with energy consumption in the six high-energy-consuming industries falling by 5.9%. The province’s industrial electricity consumption was 46.02 billion kWh, a decrease of 3.3%, and the decline was 0.2 percentage points higher than that of January-May.