In 2020, faced with the severe and complex domestic and international environment, especially the severe impact of the new coronavirus pneumonia epidemic, under the strong leadership of the Party Central Committee with Comrade Xi Jinping at the core, all regions and departments adhered to the general tone of making progress while maintaining stability and coordinated the epidemic In terms of prevention and control and economic and social development, we have done a solid job in the “six stability” work and fully implemented the “six guarantees” tasks. The economic operation has stabilized and recovered, employment and people’s livelihood have been effectively guaranteed, and the completion of the main goals and tasks of economic and social development has been better than expected.
Preliminary calculations show that the annual GDP was 101,598.6 billion yuan, an increase of 2.3% over the previous year based on comparable prices. Looking at the quarters, the first quarter decreased by 6.8% year-on-year, the second quarter increased by 3.2%, the third quarter increased by 4.9%, and the fourth quarter increased by 6.5%. In terms of industries, the added value of the primary industry was 7,775.4 billion yuan, an increase of 3.0% over the previous year; the added value of the secondary industry was 38,425.5 billion yuan, an increase of 2.6%; the added value of the tertiary industry was 55,397.7 billion yuan, an increase of 2.1%.
1. Industrial production continues to develop, with high-tech manufacturing and equipment manufacturing growing rapidly
The added value of industries above designated size nationwide increased by 2.8% year-on-year. In terms of economic types, the added value of state-controlled enterprises increased by 2.2%; joint-stock enterprises increased by 3.0%; foreign, Hong Kong, Macao and Taiwan-invested enterprises increased by 2.4%; private enterprises increased by 3.7%. Divided into three categories, the added value of the mining industry increased by 0.5%, the manufacturing industry increased by 3.4%, and the electricity, heat, gas and water production and supply industry increased by 2.0%. The added value of high-tech manufacturing and equipment manufacturing increased by 7.1% and 6.6% respectively over the previous year, and the growth rates were 4.3 and 3.8 percentage points faster than those of industries above designated size. In terms of product output, industrial robots, new energy vehicles, integrated circuits, and microcomputer equipment increased by 19.1%, 17.3%, 16.2%, and 12.7% respectively year-on-year. In the fourth quarter, the added value of industries above designated size increased by 7.1% year-on-year, 1.3 percentage points faster than the third quarter. In December, the added value of industries above designated size increased by 7.3% year-on-year, 0.3 percentage points faster than the previous month, and 1.10% month-on-month. In 2020, the national industrial capacity utilization rate was 74.5%. In the fourth quarter, the national industrial capacity utilization rate was 78.0%, an increase of 1.3 percentage points from the third quarter.
From January to November, the total profit of industrial enterprises above designated size nationwide was 5,744.5 billion yuan, a year-on-year increase of 2.4%, and the growth rate was 1.7 percentage points faster than that from January to October; of which November , the total profits of industrial enterprises above designated size increased by 15.5% year-on-year, maintaining double-digit growth for six consecutive months.
Textile situation
According to data from the National Bureau of Statistics, from January to November 2020, the national scale The industrial added value of the above textile enterprises fell by 3.1% year-on-year, operating income fell by 9.7% year-on-year, total profits fell by 8.6% year-on-year, and the amount of fixed asset investment completed fell by approximately 18% year-on-year. Among the major categories of products, only non-woven products increased significantly, with a year-on-year increase of 14.4% from January to November; chemical fiber output achieved a slight positive growth after entering the fourth quarter, and the output of other products decreased compared with the same period last year.
The growth rate of industrial added value of enterprises above designated size from January to November increased by 13.4, 3.6 and 1.5 percentage points respectively compared with the first quarter, first half and first three quarters of this year; 1-11 The monthly corporate sales profit margin was 4.3%, which was not only significantly improved from the 2.2% level at the end of February, but also increased by 0.1 percentage point from the same period last year.
Driven by epidemic prevention materials, the industrial textile industry’s economic performance continues to be good. From January to November, the industrial added value increased by 56.4% year-on-year, and the total profit increased by 218.6% year-on-year. The production and profit scale of the home textile industry have exceeded the levels of the same period last year. From January to November, the industrial added value and total profit increased by 0.3% and 21.7% year-on-year respectively.
2. The service industry is gradually recovering, and the modern service industry is growing well
The national service industry production index for the whole year was the same as that of the previous year. The added value of the information transmission, software and information technology service industries, and the financial industry increased by 16.9% and 7.0% respectively, and the growth rates were 14.8 and 4.9 percentage points faster than the tertiary industry respectively. In the fourth quarter, the service industry production index increased by 7.7% year-on-year, 3.4 percentage points faster than the third quarter. In December, the service industry production index increased by 7.7% year-on-year. From January to November, the operating income of service industry enterprises above designated size increased by 1.6% year-on-year. Among them, the operating income of information transmission, software and information technology services, scientific research and technical services increased by 13.5% and 9.9% respectively, and the growth rates were faster than The service industry above designated size was 11.9 and 8.3 percentage points respectively.
In December, the business activity index of the service industry was 54.8%, which was in a relatively high prosperity range. Among them, the business activity index of industries such as air transportation, telecommunications, radio and television satellite transmission services, monetary and financial services, and capital market services continues to be in the high and prosperous range above 60.0%. From the perspective of market expectations, the service industry business activity expectation index is 60.1%, which has been in the high and prosperous range for six consecutive months.
3. Market sales recovered quickly, and the sales growth rate of consumer upgraded goods accelerated
Full The total retail sales of consumer goods reached 39,198.1 billion yuan, a decrease of 3.9% from the previous year. Among them, the retail sales of consumer goods by units above designated size reached 14,332.3 billion yuan, down 1.9%. According to the location of business units, the retail sales of consumer goods in urban areas was 33,911.9 billion yuan, a decrease of 4.0%; the retail sales of consumer goods in rural areas was 5,286.2 billion yuan, a decrease of 3.2%. By consumption type, catering revenue was 3,952.7 billion yuan, down 16.6%; retail sales of goods was 35,245.3 billion yuan, down 2.3%. The sales growth rate of consumption upgrade products accelerated, and the communication equipment category of units above designated size increased in the fourth quarter.The employment rate is 5.1%. At the end of 2020, the registered urban unemployment rate was 4.24%, lower than the expected target of around 5.5%. The total number of migrant workers throughout the year was 285.6 million, a decrease of 5.17 million or 1.8% from the previous year. Among them, there were 116.01 million local migrant workers, a decrease of 0.4%; and 169.59 million migrant workers, a decrease of 2.7%. The average monthly income of migrant workers was 4,072 yuan, an increase of 2.8% over the previous year.
8. The growth of residents’ income is basically in sync with economic growth, and the per capita income ratio of urban and rural residents continues to shrink
The per capita disposable income of residents across the country for the whole year was 32,189 yuan, a nominal increase of 4.7% over the previous year, and a real increase of 2.1% after deducting price factors, which was basically in line with economic growth. Based on permanent residence, the per capita disposable income of urban residents was 43,834 yuan, a nominal increase of 3.5% over the previous year, and a real increase of 1.2% after price factors; the per capita disposable income of rural residents was 17,131 yuan, a nominal increase of 6.9% over the previous year, and a real increase of 1.2% after price factors. The actual growth was 3.8%. The ratio of per capita income of urban and rural residents was 2.56, down 0.08 from the previous year. The national per capita median disposable income of residents was 27,540 yuan, a nominal increase of 3.8% over the previous year. According to the income groups of national residents, the per capita disposable income of the low-income group is 7,869 yuan, the per capita disposable income of the lower-middle income group is 16,443 yuan, the per capita disposable income of the middle-income group is 26,249 yuan, and the per capita disposable income of the upper-middle income group is 26,249 yuan. 41,172 yuan, and the per capita disposable income of the high-income group is 80,294 yuan.
The per capita consumption expenditure of residents nationwide was 21,210 yuan, a nominal decrease of 1.6% from the previous year, and a real decrease of 4.0% after deducting price factors. According to the place of permanent residence, the per capita consumption expenditure of urban residents was 27,007 yuan, a nominal decrease of 3.8%; the per capita consumption expenditure of rural residents was 13,713 yuan, a nominal increase of 2.9%.
In general, the national economy has stabilized and recovered in 2020, and has achieved remarkable results in stabilizing employment and protecting people’s livelihood. A decisive victory has been achieved in the fight against poverty. “Thirteenth The Five-Year Plan has come to a successful conclusion, and success in building a moderately prosperous society in all respects is in sight. At the same time, it should be noted that there are many uncertainties in the changes in the epidemic and the external environment, and the foundation for my country’s economic recovery is not yet solid. In the next step, we must follow the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, fully implement the spirit of the Fifth Plenary Session of the 19th CPC Central Committee and the Central Economic Work Conference, adhere to the general tone of the work of seeking progress while maintaining stability, base ourselves on the new development stage, and implement the new development concept, build a new development pattern, unswervingly deepen reform, opening up and innovation, consolidate and expand the results of epidemic prevention and control and economic and social development, do a solid job in the “six stability” work, fully implement the “six guarantees” task, and scientifically and accurately implement macro policies, Efforts should be made to keep the economy operating within a reasonable range and ensure that the “14th Five-Year Plan” gets off to a good start. </p
