Recently, the Liaoning Provincial Bureau of Statistics released an update on the economic activities of the province. According to the data, from January to May, industries above designated size in Liaoning maintained stable growth, the fixed asset investment maintained growth, the market sales continued to recover, imports and exports were generally stable, and the fiscal revenue grew faster, indicating the economic operation in general continues a recovery trend.
From January to May, the output growth of industries above designated size was up by 5.3% year-on-year. The added value of the manufacturing industry increased by 7.5% year-on-year, that of the high-tech manufacturing industry up by 8.6%. Among the 40 major industrial industries in Liaoning, 24 of them showed a growth in the added value year-on-year. In terms of major products, the production of chemical fibers increased by 90.4% year-on-year, while the production of metal smelting equipment and automobiles both increased by over 40%.
From January to May, the fixed asset investment in Liaoning increased by 5.5% year-on-year. The investment in high-tech industries increased significantly with a year-on-year growth of 66.3%. Investment in high-tech manufacturing increased by 43.9%, and investment in high-tech services increased by 1.1 times. Infrastructure investment increased by 14.8% year-on-year. The number of construction projects increased by 12.4% year-on-year, and completed investment increased by 17.8% year-on-year. Among them, construction projects with an investment of over 100 million yuan increased by 15.5%, and completed investment increased by 24.9%.
From January to May, the total retail sales of consumer goods in Liaoning reached 394.1 billion yuan, an increase of 10.5% year-on-year. While the market sales continued to recover, the retail sales of bulk commodities grew rapidly. The online retail sales of the enterprises above designated size increased by 4.8% year-on-year.
According to customs statistics, from January to May, the total import and export volume in Liaoning increased by 1.2% year-on-year, with exports increasing by 6.0%. In terms of trade mode, the import and export volume of processing trade increased by 16.1% year-on-year, and that of private enterprises increased by 12.4% year-on-year.
From January to May, the general public budget revenue of Liaoning Province was 125.32 billion yuan, a year-on-year increase of 14.5%, with a fast growth rate. This includes a growth of 18.7% in tax revenue reaching 87.52 billion yuan. The general public budget expenditure was 252.64 billion yuan, an increase of 9.6% year-on-year. Financial loans & deposits grew steadily. By the end of May, the domestic and foreign currency deposits of financial institutions (including foreign financial institutions) in Liaoning reached 7845.41 billion yuan, a year-on-year increase of 7.5%; the domestic and foreign currency loans of them reached 5537.76 billion yuan, a year-on-year increase of 2.0%.
