Ningxia GDP in 1st Half of 2019: Up by 6.5%

According to preliminary calculations, GDP growth rate of Ningxia Hui Autonomous Region in the first half of 2019 was 6.5%, higher than the national average which is 6.3%. The region’s total production value reached 174.26 billion yuan, a year-on-year increase of 6.5%, and the growth rate was 0.2 percentage points higher than the national level. The added value of the primary industry reached 6.539 billion yuan, an increase of 2.5%; the added value of the secondary industry reached 86.227 billion yuan, an increase of 4.8%; the added value of the tertiary industry or service reached 81.494 billion yuan, an increase of 8.5%.

It is understood that in the first half of 2019, the added value of agriculture, forestry, animal husbandry and fishery in Ningxia was 7.154 billion yuan in total, a year-on-year increase of 2.6%; the added value of industrial sectors above designated size increased by 5.6% year-on-year, and the growth rate was the same as that in January-May, which was faster than the same period of the previous year. 0.7 percentage points; fixed asset investment in the region fell by 17.9% year-on-year, and the decline was 0.7 percentage points lower than that in January-May. The investment structure continued to be optimized. The proportion of manufacturing investment in industrial investment in the region increased from 49.5% in the same period of the previous year to 61.7%. The proportion of private investment in investment increased from 55.7% in the same period of last year to 59.5%. The total amount was 45.41 billion yuan, a year-on-year increase of 5.5%. The growth rate was 1.0 percentage points higher than that in January-May and 0.3 percentage points higher than the same period of the previous year.

In the first half of the year, the three industrial structures in the district were adjusted from 3.7:50.5:45.8 in the same period of the previous year to 3.8:49.5:46.7, the proportion of the tertiary industry increased by 0.9 percentage points, and the contribution rate to economic growth was 62.0%, exceeding the secondary industry 25.2. Percentage points.

In terms of exports, according to Yinchuan Customs statistics, from January to May, the total import and export value of goods in the region reached 9.28 billion yuan, down 12.1% year-on-year, and the decline was 6.5 percentage points lower than that in January-April. Exports were 6.28 billion yuan, down 15.9%; imports were 3 billion yuan, down 3.1%. The difference in import and export of goods (exports minus imports) was 3.28 billion yuan. Among the key export commodities, erythromycin and salt increased by 97.6%, tetracycline and salt increased by 85.6%, natural honey increased by 83.5%, lysine ester and salt increased by 40.3%, machine tools and castings increased by 26.9%, and growth increased by 26.6%. .

In addition, according to the Ningxia Survey Corps monitoring survey, in the first half of the year, the per capita disposable income of urban residents in Ningxia was 15,988 yuan, an increase of 8.2%; the per capita disposable income of rural permanent residents was 4,733 yuan, an increase of 9.2%. The total consumer price level of the district increased by 2.1% over the same period of the previous year.