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By the numbers: Hubei’s economic and social development in 2021

2021-12-23 17:11  |  Source: en.hubei.gov.cn

This article published the important data reflecting the new achievements, changes, and performance of Hubei's economic and social development in 2021.



GDP


- In the first three quarters, Hubei's GDP growth rate ranked eighth in the country.



Industry


- In Jan.-Nov. period, the added value of industries above designated size in Hubei increased by 15.2 percent, and 40 major sectors saw positive growth year on year.


- In Jan.-Nov. period, the added value of Hubei’s high-tech manufacturing industry increased by 30.8 percent year on year, 15.6 percentage points higher than that of the industries above designated size.


- As of the end of November, there were 1,697 new industrial enterprises above designated in Hubei, and the output value of which in November saw a 175.5-percent increases year on year. They also contributed to a growth rate of 2.8 percentage points for the province's total industrial output value.


- In Jan.-Oct. period, the profits of industrial enterprises above designated size in Hubei increased by 29.9 percent year on year.


- As of December 13, Hubei has had 6.3919 million market entities, a year-on-year increase of 13.02 percent; the number of newly registered market entities reached 1,005,600, a year-on-year increase of 41.78 percent.


- The added value of small and micro enterprises of industries above designated size in the province increased by 16.0 percent year on year, 1.4 percentage points higher than the growth rate of large and medium-sized enterprises.



Investment


- In Jan.-Nov. period, Hubei saw construction of 11,368 new projects start, 4,214 more than the same period of the previous year.


- Private investment in the province increased by 27.8 percent, accounting for 62.0 percent of the total investment, an increase of 2.2 percentage points over the same period last year.


- In Jan.-Nov. period, the industrial technological transformation investment increased by 51.7 percent year on year, accounting for 48.2 percent of the province’s industrial investment, an increase of 9.5 percentage points over the same period last year.



Consumption


- In Jan.-Nov. period, Hubei’s total retail sales of consumer goods stood at 1,886.190 billion yuan, a year-on-year increase of 20.1 percent.



Agriculture


- The total grain output in Hubei stood at 55.29 billion catties, an increase of 1.4 percent, remaining stable at more than 50 billion catties for nine consecutive years.


- The main business income of agricultural products processing industry in the province is expected to reach 1.1 trillion yuan, a year-on-year increase of more than 10 percent;


- The comprehensive income of leisure agriculture and rural tourism reached 45 billion yuan.


- There have been 20 new leading enterprises at national level and 125 new leading enterprises at provincial level.


- The comprehensive mechanization rate for crop cultivation and harvesting have exceeded 72 percent.


- The comprehensive utilization rate of livestock and poultry dung reached 93.3 percent.


- The qualified rate of agricultural products maintained above 99 percent.



Opening-up


- In Jan.-Nov. period, Hubei's total import and export volume expanded 26 percent to 486.15 billion yuan. Out of the total, exports rose 30.6 percent to 313.15 billion yuan while imports rose 18.5 percent to 173 billion yuan.


- In Jan.-Oct. period, 373 foreign investment projects were newly signed in the province, with their contractual foreign investment valued at 7.23 billion U.S.dollars.


- In Jan.-Oct. period, the foreign direct investment (released by the Ministry of Commerce) in the province reached 2.25 billion U.S.dollars, an increase of 14.2 percent over the same period in 2019.


- In Jan.-Nov. period, high-tech products worth 83.89 billion yuan were imported, accounting for 48.5 percent of Hubei’s total imports and exports value during the same period.



People's livelihood


- In Jan.-Nov. period, Hubei’s consumer prices rose by 0.2 percent year on year.


- In Jan.-Nov. period, the province saw its investment in health increase by 106.9 percent year on year, and in education increase by 60.1 percent year on year.


- In the first three quarters, fiscal expenditures in education, social security and employment increased by 6.4 percent and 4.5 percent year on year, respectively, which were 5.2 and 3.3 percentage points higher than general public budget expenditures.


- In the first three quarters, 762,200 new jobs were created in cities and towns across the province, completing 108.9 percent of the annual target and task.


- In the first three quarters, the per capita disposable income of urban residents in the province reached 29,918 yuan, a year-on-year increase of 13.6 percent, while the per capita disposable income of rural residents reached 12,229 yuan, a year-on-year increase of 16.0 percent.