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Development of Huzhou

Traffic mainly restricts the development of Huzhou. There is no traffic like Jiaxing and Wuxi around. After all, Huzhou is still an inland city!

1. The industrial economy continues to maintain rapid growth. From October to October, the output value of industrial enterprises above designated size in the city was 114.964 billion yuan, up 32.4% year-on-year, and the profit was 5.314 billion yuan, up 36.9%, down 1.3 and 2.3 percentage points from the third quarter, but still at a high level. The gross output value and total profit of large-scale industries have exceeded the total amount of last year. Eleven economic benefit indicators scored 261.11 points, up 25.31 points year-on-year.

in terms of industries, the gap between light and heavy industries has further widened. From 1 to 11, the output value of heavy industry reached 64.265 billion yuan, up 41%, and the profit was 27.78 yuan, up 53%. The output value of light industry reached 51.699 billion yuan, up by 23%, and the profit was 2.536 billion yuan, up by 22.7%. The production and benefits of major heavy industries such as ferrous metal smelting and rolling processing industry, nonferrous metal smelting and rolling processing industry, electrical machinery and equipment manufacturing industry all showed rapid growth, with output values increasing by 38.2%, 98.7% and 57.8% respectively, and profits increasing by 55.9%, 71.7% and 66.7% respectively. The output value of textile industry, the main industry in light industry, increased by 16%, the lowest this year, and the profit increased by 23.7%, down 4.1 percentage points from last month.

2. Investment maintained steady growth. From January to October, the investment in fixed assets of the whole society was 38.695 billion yuan, an increase of 16.8%, an increase of 1.2 percentage points over the previous month. Among them, the investment above designated size was 35.462 billion yuan, up by 19.3%, and the investment in municipal key projects was 13.951 billion yuan, up by 17.7%.

in terms of industries, the growth rate of investment in the tertiary industry has declined, especially the real estate investment has experienced negative growth again. From October to October, the investment in tertiary industry was 15.335 billion yuan, up by 18.6%, and the growth rate dropped by 1.4 percentage point compared with last month, among which the investment in real estate development was 5.171 billion yuan, down by 1.3% year-on-year. Industrial investment has warmed up. From October to October, the city's industrial investment was 22.638 billion yuan, up by 13.9% year-on-year. After the growth rate dropped obviously last month, it picked up in October.

3. The business tourism market continues to prosper. Huzhou received 755,111 tourists during the Golden Week of November alone, up 31.6% year-on-year, making it the year with the most popular tourism and the highest ticket revenue since the establishment of the Golden Week. Driven by tourism, the consumer market has become more active. From October to October, the total retail sales of social consumer goods reached 22.611 billion yuan, up 1.5% year-on-year, with an increase of 1.1 percentage point over the previous month, of which the retail sales of wholesale and retail trade was 19.753 billion yuan, up 1.4%, and the retail sales of accommodation and catering industry was 2.468 billion yuan, up 1.7%. Judging from the commodity classification of trading enterprises above designated size, food and beverage, alcohol and tobacco, household appliances and audio-visual equipment, petroleum and products, and automobiles grew rapidly, with retail sales increasing by 24.5%, 31.5%, 27.7% and 52.1% respectively.

4. The foreign economy maintained rapid development. From October to October, the cumulative export volume was US$ 2.188 billion, up 33.7% year-on-year, and the growth rate was 1.9 percentage point higher than that of last month. Both import and export volume exceeded the total volume of last year. From the main categories of export commodities, the export of textiles and chemical products was US$ 878 million and US$ 219 million, increasing by 1.6% and 27.4% respectively, which was relatively slow, while the growth of wood products, mechanical and electrical products and metal products was relatively fast, increasing by 41.5%, 66% and 98.6% respectively. From October to October, there were 378 newly approved and capital-increased projects in the city, with a year-on-year increase of 23 projects, including 115 projects with a total investment of more than 11 million US dollars. The accumulated contracted foreign capital utilization was 1.445 billion US dollars, up by 17.6%, and the actually paid-in foreign capital was 579 million US dollars, up by 32.1%.

5. Fiscal revenue grew steadily, and financial deposits and loans declined. From October to October, the accumulated fiscal revenue was 7.8 billion yuan, up by 21%, of which the local fiscal revenue was 4.213 billion yuan, up by 21.3%, and the growth rate was slightly lower than that of last month, but both revenues exceeded the level of last year. The local fiscal business tax revenue was 1.23 billion yuan, up by 1.9%; Income tax income was 762 million yuan, an increase of 27%, which was relatively fast. In October, the loan balance of financial institutions continued to grow rapidly, but the deposit balance fell for the first time this year. At the end of the month, the balance of local and foreign currency deposits was 72.357 billion yuan, an increase of 11.511 yuan over the beginning of the year, but a decrease of 46 million yuan over the previous month, of which savings deposits decreased by 67 million yuan; The balance of loans was 56.316 billion yuan, an increase of 11.167 billion yuan over the beginning of the year, and the balance of deposits and loans increased by 5.241 billion yuan and 5.121 billion yuan respectively.

6. The income growth of residents has accelerated, and the consumer price index continues to fall. From October to October, the per capita disposable income of urban residents in urban areas was 15,168 yuan, an increase of 11.8%, and the increase rate was 1.6 percentage points higher than that of last month. From 1 to 11 months, the cumulative consumer price was the same as the same period of last year, and the index dropped by 1.3 percentage points from last month, continuing the trend of continuous decline this year. Among the eight categories of projects surveyed, except for the residential category, which increased rapidly (3.1%) and the clothing category, which decreased rapidly (5%), the other price levels remained stable, and the cumulative year-on-year increase and decrease range was within 2%.