Wuhan’s GDP in 2022 will be 1,886.643 billion yuan, a year-on-year increase of 4%

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On January 19, 2023, overlooking the old city of Quanzhou.

On January 31, the Quanzhou Municipal Bureau of Statistics released the economic performance of Quanzhou in 2022.

According to the feedback of unified accounting results, in 2022, the city’s GDP will be 1,210.297 billion yuan, calculated at constant prices, an increase of 3.5% over the previous year, and an increase of 0.5 percentage points over the first three quarters. In terms of industries, the added value of the primary industry was 25.012 billion yuan, an increase of 3.5%; the added value of the secondary industry was 688.207 billion yuan, an increase of 3.3%; the added value of the tertiary industry was 497.078 billion yuan, an increase of 3.8%.

In 2022, the added value of the city’s industrial enterprises above designated size will increase by 3.9% over the previous year , 1.0 percentage points faster than the first three quarters. First, the private industry showed resilience. In 2022, the added value of the city’s designated private industrial enterprises will account for 86.4% of the added value of the designated industrial enterprises, an increase of 5.6%, which is 1.7 percentage points faster than the city’s designated industrial average. Second, the nine major 100-billion-dollar industries are improving steadily. In 2022, the added value of seven of the city’s nine major industries worth 100 billion yuan will achieve positive growth. The added value of electronic information will increase by 8.6%, which is 3.8 percentage points faster than the first three quarters. The added value of textile and clothing will increase by 9.1%, which is higher than that of the first three quarters. The quarterly increase was 2.6 percentage points, and the added value of machinery and equipment increased by 8.8%, 2.0 percentage points faster than the first three quarters. Third, the high-tech industry continues to lead. In 2022, the added value of the city’s designated high-tech industries will increase by 10.2%, 2.5 percentage points faster than the first three quarters, and it will be higher than the growth rate of designated industrial added value for 25 consecutive months. Green smart products are growing rapidly. In 2022, the city’s solar cell (photovoltaic cell) output will increase by 28.7%, 19.7 percentage points faster than the first three quarters. Fourth, the growth of the industry has expanded. In 2022, among the 37 major industrial sectors listed in the city, the added value of 24 industries will increase year-on-year, with an industry growth rate of 64.9%, an increase of 8.1 percentage points over the first three quarters. Fifth, the foundation of the industrial chain group is solid. In 2022, the city’s petrochemical-textile, footwear, and apparel industry chain group’s industrial added value above designated size will increase by 3.1%, which is 1.6 percentage points faster than the first three quarters; building materials-home furnishing industry chain group’s industrial added value above designated size will increase by 6.0%, faster than the first three quarters 0.3 percentage points; the added value of industries above designated size in the machinery-electronics industry chain group increased by 8.9%, 2.0 percentage points faster than the first three quarters.

In 2022, the city’s total retail sales of social consumer goods will be 598.294 billion yuan, an increase of 2.8% over the previous year , and an increase of 0.1 percentage points over the first three quarters. Among them, the retail sales of consumer goods above the designated size amounted to 200.535 billion yuan, an increase of 6.7%, 0.4 percentage points faster than the first three quarters. First, the protection of daily life commodities is strong. In 2022, the city’s retail sales of clothing above designated size will increase by 9.4%, retail sales of beverages will increase by 9.8%, retail sales of food will increase by 24.3%, and retail sales of daily necessities will increase by 26.3%. The second is the outstanding performance of upgraded consumption. In 2022, the retail sales of smartphones above designated size in the city will increase by 38.2%, the retail sales of new energy vehicles will increase by 105.0%, the retail sales of sports and entertainment products will increase by 50.7%, and the retail sales of gold, silver and jewelry will increase by 23.3%. The third is the expansion of online consumption. In 2022, wholesale and retail enterprises above the designated size in the city will realize retail sales of 45.907 billion yuan through public networks, an increase of 11.846 billion yuan over the previous year, accounting for 22.9% of the retail sales above the designated size, an increase of 3.8 percentage points compared with the previous year. An increase of 18.3%, 11.6 percentage points higher than the growth rate of retail sales of consumer goods above designated size in the city. Fourth, the growth of offline physical stores is good. In 2022, the retail sales of consumer goods in supermarkets above designated size and convenience stores and the turnover of the catering industry, which are closely related to residents’ lives, will increase by 22.1%, 16.2% and 14.3% respectively, 3.9, 2.7 and 2.0 percentage points faster than the first three quarters.

In 2022, the city’s fixed asset investment will be 284.031 billion yuan, an increase of 10.3% over the previous year, 6.7 and 3.0 percentage points faster than the previous year and the first three quarters, ranking first in the province. Among them, in December, the city’s fixed asset investment increased by 17.6%, maintaining double-digit growth for six consecutive months. One is to open up investment and accelerate cash realization. In 2022, there will be 2,594 new projects in the city, with a planned total investment of 363.002 billion yuan, an increase of 24.1%, and a completed investment of 131.55 billion yuan, an increase of 15.4%. Second, both the quantity and quality of industrial investment increased. In 2022, the city’s industrial investment will be 102.259 billion yuan, an increase of 21.6%, an increase of 19.2 percentage points over the previous year, accounting for 36.0% of the total investment, an increase of 3.4 percentage points over the previous year. Among them, investment in industrial technological transformation increased by 24.7%, and investment in advanced manufacturing increased by 19.6%. Third, infrastructure investment bottomed out. In 2022, the city’s infrastructure investment will increase by 4.7%, 11.4 percentage points faster than the first three quarters. Fourth, Jian’an investment is strongly stimulated. In 2022, the city’s construction and security investment will increase by 11.6%, 2.6 percentage points faster than the first three quarters, accounting for 71.5% of the city’s investment, driving the city’s fixed asset investment to grow by 8.2 percentage points.

In 2022, the city’s total import and export volume will be 271.19 billion yuan, an increase of 3.6% over the previous year , and the scale of import and export will exceed the 270 billion yuan mark for the first time. Among them, exports were 199.46 billion yuan, a decrease of 2.0%; imports were 71.73 billion yuan, an increase of 23.4%. First, general trade dominates. In 2022, the city’s general trade import and export will be 206.15 billion yuan, an increase of 0.9%, accounting for 76.0% of the total import and export; market procurement trade exports will be 55.89 billion yuan, an increase of 21.7%, accounting for 28.0% of the total export. The second is the steady growth of major trading partners. In 2022, the city’s import and export to ASEAN countries will be 76.51 billion yuan, an increase of 10.5%; import and export to Saudi Arabia will be 42.75 billion yuan, an increase of 30.2%; import and export to the EU will be 29.84 billion yuan, an increase of 8.2%; import and export to countries along the “Belt and Road” 148.78 billion yuan, an increase of 14.2%, accounting for 54.9% of the total import and export. The third is the RCEP dividend. Since the implementation of RCEP for one year, the city has benefited from a total value of 1.426 billion yuan of imported and exported goods. In 2022, the city’s import and export to RCEP member countries will be 97.89 billion yuan, an increase of 3.9%. The fourth is to double the scale of utilization of foreign capital. In 2022, the city’s actual utilization of foreign capital will be 973 million US dollars, an increase of 100%.

In 2022, the per capita disposable income of the city’s residents will be 46,707 yuan, an increase of 5.4% over the previous year . Among them, the per capita disposable income of urban residents was 57,724 yuan, an increase of 4.9%; the per capita disposable income of rural residents was 27,572 yuan, an increase of 6.4%. The income of rural residents increased 1.5 percentage points faster than that of urban residents, and the ratio of per capita income of urban and rural residents was 2.09:1, a decrease of 0.03 from the previous year.

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