East China’s Jiangsu province reported stable economic operation in the first quarter by insisting on seeking progress while maintaining stability, and coordinating epidemic prevention and control and economic and social development.
In the first quarter, Jiangsu reported a GDP of 2,785.9 billion yuan, a year-on-year increase of 4.6%. The per capita disposable income came at 16,490 yuan, a year-on-year increase of 6.4%.
310.3 thousand urban residents were employed, accounting for more than one-tenth of the new employment in the country. In the first quarter, the CPI rose by 1.4% year-on-year, far below the annual inflation control target.
In the first quarter, the added value of industries above designated size increased by 6.4% year-on-year. The added value of 33 industries in the province's 40 major industrial sectors increased year-on-year, with an increase of 82.5%.
The high-tech manufacturing industry maintained rapid development with the added value increasing by 12.9% year-on-year, which was 6.5 percentage points higher than that of the province's industry above the designated size.
Jiangsu maintained a stable recovery of the service industry. The added value of the transportation, warehousing and postal industries increased by 7.8%, the added value of the financial industry increased by 5.9%, and the added value of the information transmission, software and information technology services increased by 10.9%.
Internet information services and Internet data services have grown significantly. From January to February, the operating income of Internet and related services in the above-scale service industry increased by 34.9% year-on-year.
In the first quarter, Jiangsu reported steady growth in investment, consumption and exports. The retail sales of units above designated size through the public network increased by 22.9% year-on-year.
Income from food delivery services and meals sold through public networks increased by 39.3% and 14%, respectively. The province's investment in intelligent technological transformation increased by 13.7%.
The export delivery value increased by 18.2% year-on-year, and the exports of advantageous industries such as electronics, electrical, general equipment, and special equipment achieved rapid growth with optimizing trade structures.
