|
The Statistics Bureau of Guangzhou City reported that Guangzhou realized a GDP of RMB 150.561 billion in the first quarter, increasing 13.3 percent over the same period last year. The report also noted a decline of 0.2 percent in the increase range. According to the analysis by the Statistics Bureau, generally speaking Guangzhou had a good beginning in the first quarter, laying a solid foundation for the smooth and fast development for its economy in the first half and the whole year.
In the first quarter, Guangzhou realized a total investment in fixed assets of RMB 28.620 billion, increasing by 9.5 percent over the same period last year. In terms of the following three investments: (1) Basic construction achieved an investment level of RMB 13.1 billion, up 1.3 percent; (2) Renewal and renovation achieved an investment of RMB 4.324 billion, down 3.1 percent; and (3) Real estate development achieved an investment level of RMB 11.074 billion, up 30.2 percent￡?signifying the proportion in the total investment in fixed assets increased to 38.69 percent from 32.55 percent of the same period of last year.
In the first quarter, Guangzhou realized a total import-export volume of USD 15.856 billion, increasing by 17.8 percent over the same period last year. The trade surplus reached USD 368 million, increasing USD 314 million, which accounts for 2.3 percent of Guangzhou's total import-export volume, 7.8 percent less than the national average level.
The emerging markets sector showed brisk activity in the export sector. Exports to Africa, South Korea and Russia increased by 81.7 percent, 1.71 times and 81.4 percent respectively. In the first quarter, Guangzhou utilized a contracted foreign direct investment of USD 1.49 billion, increasing by 1.36 times over the same period last year. And the actual utilization of foreign direct investment reached USD 599 million, up 20.1 percent.
In addition, according to Guangzhou's business survey, Guangzhou started with a high index of enterprise prosperity in the first quarter. The enterprises surveyed improved their profitability and steadily enhanced their economic efficiency. The enterprise prosperity index reached 145.7 points, the highest since 2005, and up 1.5 points and 7.1 points in comparison with the previous time period and also when compared with the recent same time period. The entrepreneurs' confidence expectation index reached 149.9 points, the highest in history, up 4.8 points and 7.5 points in comparison with the previous and the recent time periods respectively.
The report also noted that the average salary for Guangzhou employees' is RMB 9,708, and has risen by 6.8 percent.
Editor: Yan
|
