Anhui's industrial growth rebounded in the first quarter

At the news briefing meeting of the Anhui Economic and Information Technology Commission, it was learned that as the cumulative effects of various preferential corporate policies continued to emerge, the favorable factors for industrial development continued to increase. In the first quarter of this year, the province’s industrial production showed “slow, steady, steady, and good”. situation. Overall, the industrial stabilization signal was initially presented, the pace of adjustment and upgrading of industrial structure was accelerated, the contribution of small and medium-sized and private enterprises continued to increase, and the growth rate of the industry was among the highest in the country, achieving a “good start” in the first quarter.

Industrial growth rebounded significantly

In the first quarter, the province’s industrial enterprises above designated size achieved a value added of 237.1 billion yuan, an increase of 8.5%, a rise of 0.7 percentage points from January to February, an increase of 2.7 percentage points higher than the national average, ranking 6th in the country and 2nd in the center; The top five national growth rates were 11.9% in Tibet, 10.2% in Chongqing, 9.5% in Guizhou, 9.2% in Tianjin, and 9.1% in Jiangxi.

Steady signal stabilization

Industrial electricity maintained rapid growth. In the first quarter, the province’s industrial electricity consumption increased by 4.5% year-on-year, an increase of 1 percentage point from January to February. The industrial price index narrowed. In March, the province's producer price index (PPI) fell 5.2% year-on-year, which was narrowed by 2 and 0.9 percentage points respectively from December 2015 and February this year. The main product prices stabilized. Maanshan Iron and Steel's comprehensive price reached 2,386 yuan per ton, which was 211 yuan and 475 yuan higher than that at the end of February and the end of last year; Wuhu Conch 425# graded cement was about 190 yuan per ton, which was up nearly 40 yuan from the end of last year; the average price of electrolytic copper 37674 yuan / ton, compared with February increased by 1614 yuan / ton. The growth rate of industrial VAT has reached 22%. In March, the province's industrial VAT storage tax growth rate reached 22%, an increase of 24.1 percentage points over the previous two months. The cumulative growth rate in the first quarter also reversed from negative to positive, with a growth rate of 3.3%.

Corporate fundamentals gradually improve

The contribution rate of the manufacturing industry continues to rise. In the first quarter, the value added of the manufacturing industries above designated size in the province reached 210.55 billion yuan, an increase of 8.6%, which was 0.7 percentage points higher than that in January-February. The high-tech industry has grown rapidly. In the first quarter, the high-tech industry increased by 12.1%, 3.6 percentage points higher than that of all large-scale industries, one percentage point higher than that in January-February, and accounting for 38.7% of the total.

Private and SME contributions increase

In the first quarter, private industrial enterprises realized an added value of 170.54 billion yuan, an increase of 11.9%, and the contribution rate to all industrial growth increased from 78.5% in the same period of last year to 95.4%. In the first quarter, the value added of small and medium-sized enterprises in the province’s above-scale industries reached 156.91 billion yuan, an increase of 13%, 4.5% higher than that of all industries above designated size, and the proportion of added value increased from 62.3% in the same period of last year to 66.2%. The contribution rate of industrial growth has increased from 79.4% in the same period of last year to 95.5%;

Most industries perform well

In the first quarter, 36 industries in 40 industries across the province maintained growth, of which automobiles, cement, household appliances and chemical industries increased by 14.6%, 11.7%, 11.3% and 10.6% respectively, which was 6.1, 3.2, 2.8 higher than that of all above-scale industries. 2.1 percentage points, the total contribution rate to all industrial growth was 40.7%.

The automobile industry was affected by the rapid growth of Jiangya S2, S3, Cheetah City MPV, and Changan SUVs, and maintained rapid growth. In the first quarter, the cumulative production of automobiles was 390,000, an increase of 21% year-on-year, of which Jiangqi produced 195,000 cars in the first quarter. Vehicles, an increase of 26.8% over the same period of last year; cement industry, with the increase in domestic infrastructure and demand for key projects, the production and operation situation is stable and good, and the output continues to grow. In the first quarter, the cumulative cement output was 27.652 million tons, an increase of 6.1% year-on-year; the home appliance industry is stable in production, In the first quarter, the production of four major appliances was 23.767 million sets, an increase of 15.1% year-on-year, of which TVs increased by 45.2%; chemical products such as tires, chemical fiber, and other chemical products increased by 59.4% and 27.4% respectively in the first quarter; Hefei Horse Brand Tire's output rose in the first quarter. Up to 40.5%.