Services IndustryContributes 45.6% to GDP Growth in 2019:
Compiled by Henan Statistics Bureau, the points out that Henan’s economic performance was generally stable in 2019, withservices industry(accounting for 48 percent of the total GDP) contributing 45.6 percent to Henan’s GDP growth, 1.8 percentage points higher than the average of industry.
A bumper grain harvest in 2019
In 2019, Henan’s total grain output and summer grain output reached a new record high. With an increase of 0.7 percent, the total grain output of Henan last year reached 133.908 billion jin (half a kilogram), exceeding 130 billion jin for three consecutive years, of which summer grains saw an increase of 3.6 percent.
Basically stable marketing
The total retail sales of consumer goods across the province reported a year-on-year growth of 10.4 percent (up 0.1 percentage point) to 2273.302 billion yuan, 2.4 percentage points higher than the national average, rising from 5 to the 3rd place in China.
Import and export growth steadily recovers
Rising steadily from a decrease of 13.9 percent year-on-year at the beginning of 2019 to an annual growth rate of 3.6 percent, Henan’s total import and export value reached 571.163 billion yuan, maintaining the 1st place in China, of which the export value saw a 4.9 percent increase to 375.464 billion yuan, while the import value experienced a 1.2 percent growth to 195.699 billion yuan.
The service sector remains a major driver of economic growth
The added value of service sector accounted for 48 percent of Henan’s total GDP, up by 0.7 percentage points year-on-year, and contributed 45.6 percent to the GDP growth, 1.8 percentage points higher than the average. Besides, the investment on service sector accounted for 67.4 percent of fixed asset investment, up by 0.6 percentage points year-on-year.
The proportion of prominent agriculture increases
The demand structure continued improving. The construction of top ten prominent agricultural bases accelerated with their production accounting for 58.5 percent of the total output value of agriculture, forestry, animal husbandry and fishery, an increase of 2.5 percentage points over the previous year.
New business form flourishes
The import and export value of cross-border e-commerce in 2019 increased by 22.7 percent. On the “Double Eleven” marketing day in 2019, the sales volume of Henan on Tmall platform increased by 28 percent compared with that a year ago, and the import volume of the cross-border e-commerce in Zhengzhou Airport Economy Zone ranked the 3rd place among China’s 35 import ports for cross-border e-commerce, up by 2.6 times from a year earlier.
New product grows rapidly
The output of industrial robots, lithium-ion batteries and new-energy vehicles respectively increased by 56.9 percent, 21.5 percent and 11.4 percent. Under the background of large numbers of new principles’ emerging in 2019, a total of 1.5907 million new market entities registered in Henan with an increase of 20.6 percent, of which 423.5 thousand enterprises were new registered, up by 23.4 percent, with 1,145 enterprises registered on average per day.
全年工业机器人产量增长56.9%，锂离子电池增长21.5%，新能源汽车增长11.4%。新主体大量涌现。全年全省新登记各类市场主体159.07万户，增长20.6%；其中新登记各类企业42.35万户，增长23.4%，日均新注册企业1145户，市场活力进一步释放。（记者 莫韶华编译 赵汉青 审校 焦丹）