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Guangdong sees a mind increase in economy in Jan- Feb, 2004 with fixed asset investment rockets by 49.2%, reveals Statistics Bureau of Guangdong Province.
State-own industry leads other industries in Guangdong in increase rate of added value with a margin of 12.6%. But industrial products exportation's increase rate drops 2.3% over last year.
Citizens are more willing to spend, as a result the sales volume goes up and total retail sales of Consumer Goods grow 1.4% faster than last year.
Fiscal sectors also increase smoothly. By the end of Feb, Domestic and Foreign Currency Balance and Loan of fiscal institution inside Guangdong (foreign-funded institutions included) hit 2991.6 and 2068.1 bln yuan (about 360.90 and 249.49 bln USD), up 28.7 and 54.7 bln yuan (about 3.46 and 6.60 bln USD) respectively.
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Value (bln yuan) |
Increase Rate (Year-On-Year) |
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Value-added of Large-scale industry |
93.787 |
20.7% |
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Value-added of State-Own Industry |
23.69 |
33.3% |
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Industrial Products Exportation |
144.088 |
19.7% |
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Fixed Asset Investment |
44 |
49.2% |
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Capital Construction Investment |
22.556 |
74% |
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Investment in Technical Update and Transformation |
3.823 |
Down 0.2% |
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Real Estate Investment |
13.636 |
33.8% |
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Total Retail Sales of Consumer Goods |
108.406 |
12.5% |
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Exportation |
22.23 bln USD |
14.8% |
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Importation |
21.68 bln USD |
23.7% |
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Local General Budgetary Fiscal Revenue |
22.69 |
14.8% |
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Local General Budgetary Fiscal Expenditure |
18.767 |
7.1% |
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Domestic and Foreign Currency Balance of fiscal institution inside Guangdong (foreign-funded institutions included) |
2991.6 |
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Domestic and Foreign Currency Loan of fiscal institution inside Guangdong (foreign-funded institutions included) |
2068.1 |
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Editor: Wing
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