City's fixed-asset investment up by 12.5 pct

Writer: Han Ximin  |  Editor: Stephanie Yang  |  From: Shenzhen Daily  |  Updated: 2021-06-28

The city's investments in fixed assets and infrastructures for the first five months of this year increased, respectively, by 12.5 percent and 22.8 percent year on year, statistics from the Shenzhen Statistics Bureau showed.

Between January and May, the industrial added value of above-scale industries increased by 12.4 percent year on year. Among the 37 industries, 33 had seen positive growth. Leading industries like computers and other electronic devices, electrical machinery and equipment, and special instrument manufacturing had seen year-on-year increases of 6.9 percent, 31 percent and 11.4 percent, respectively.

The above-scale enterprises realized profit increase of 70 percent and operating revenue increase of 6.67 percent between January and April.

The total retail sales of consumer goods reached 370.44 billion yuan (US$57.37 billion), up by 28.2 percent year on year. In May, the total retail sales of consumer goods increased by 12.1 percent year on year.

Also, in the same period, the city’s trade was 1.32 trillion yuan, up by 22.3 percent. Exports increased by 23.1 percent to 708.4 billion yuan, up by 23.1 percent. Imports were 612.8 billion yuan, up by 21.4 percent. Between January and May, the export of mechanical and electrical products increased by 30.3 percent, accounting for 80 percent of the total trade. General trade took up 50 percent of the total trade and private enterprises’ trade took up 61 percent of the total trade.

The local general public budgetary income was 183.4 billion yuan, showing a 17-percent year-on-year increase. The local general public budgetary expenditure was 164.2 billion yuan, up by 5.8 percent. The expenditure in nine categories of well-being projects, such as housing, social security, health and education, took up 70.6 percent of total expenditures.