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Fujian provincial economy maintains positive growth momentum

May 21, 2018


Abstract : Fujian managed to maintain a positive economic growth momentum through promoting high-quality development and materializing economic-boosting measures during January and April, reported Fujian Daily.

BEIJING, May 21 (Xinhua) -- Fujian managed to maintain a positive economic growth momentum through promoting high-quality development and materializing economic-boosting measures during January and April, reported Fujian Daily.

In the first four months, Fujian’s major economic indicators posted growths higher than the national average. Its industrial-added value for businesses with annual revenue from main business over 20 million yuan increased 8.3 percent year on year, 1.4 percentage points higher than the comparable national data.

Its provincial fixed-asset investment, excluding railway investment, hiked 13.1 percent year on year, 6.1 percentage points higher than the comparable national data.

Sales of social retail in the province surged 12.6 percent year on year, 2.9 percentage points higher than the comparable national data.

Import and export value grew 6.8 percent year on year, with export value up 9.8 percent, 3.4 percentage points higher than the comparable national data.

It’s noteworthy that new industries and products kept growing rapidly. From January to April, industrial-added value for high-tech businesses with annual revenue from main business over 20 million yuan in Fujian went up 13.9 percent year on year.

In the first four months, general aggregate provincial budgetary income stood at 187.501 billion yuan, up 12.9 percent year on year, 0.4 percentage point faster than the growth in the first quarter of this year. (Contributed by Duan Jing, duanjing@xinhua.org; edited by Zhang Aifang)

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Keyword: economy Fujian

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