The sustained improvement of the provincial economy requires maintaining strategic determination
The latest data released by the Provincial Bureau of Statistics shows that from January to May, the economic operation in Shandong continued the stable and positive development trend since the second quarter of last year. The momentum of economic recovery continued to consolidate, production accelerated expansion, demand steadily improved, market vitality increased, and more importantly, the power structure continued to optimize, the quality and efficiency of development significantly improved, and the stable and high-quality trend continued to consolidate.
From a series of data, it can be seen that the economy of the whole province continued to recover from January to May, with an increase in endogenous driving force and a continuous consolidation of stable and positive momentum. From an industrial perspective, 39 out of 41 major industrial sectors have achieved growth, with a growth rate of 95.1%; Among the 120 industrial products under key scheduling, 92 achieved an increase in output, with a growth rate of 76.7%, maintaining a high level. From the perspective of the service industry, all 10 categories of industries have achieved significant growth, with year-on-year growth rates exceeding 25%; Among the 32 major industry categories, 31 achieved growth, with a growth rate of 96.9%.
Investment, consumption, and exports, the three drivers of economic growth, have all performed remarkably well. From January to May, fixed assets investment increased by 12.4% year on year, with an average growth of 6.1% in two years, and the number of projects with a total value of 100 million yuan and above increased by 14.1% year on year; The total retail sales of consumer goods increased by 25.6% year-on-year, with an average growth rate of 5.9% over the past two years; Import and export maintained a relatively high growth rate, with a year-on-year increase of 38.9% in import and export, export, and import from January to May. The two-year average growth rates were 15.7%, 18.7%, and 12.1%, respectively.
In addition to valuing the stable and positive "shape" of the economy, our province attaches greater importance to the "momentum" of high-quality development. This year marks the beginning of the 14th Five Year Plan. Our province fully implements the new development concept, seizes development opportunities, accelerates the transformation of old and new driving forces, and resolutely eliminates backward driving forces, transforms and enhances traditional driving forces, and cultivates and strengthens new driving forces with greater efforts. The results have also been reflected in the encouraging data of the first five months in this "report card".
The power structure continues to be optimized, with industrial technological transformation investment accounting for 58.4% of total industrial investment from January to May. The added value of high-tech manufacturing increased by 25.6% year-on-year, the added value of high-end equipment manufacturing increased by 27.8%, and the investment in the "four new" economy increased by 17.0% year-on-year, accounting for 48.7% of total investment. The cultivation of new driving forces has been comprehensively accelerated; The development quality and efficiency have significantly improved, and the efficiency of enterprises has accelerated. From January to April, the industrial sector above designated size achieved a profit of 182.93 billion yuan, a year-on-year increase of 159.1%, and the service industry above designated size achieved a profit of 13.23 billion yuan, a year-on-year increase of 221.7%, supporting the continued strengthening of market confidence.
Maintaining strategic composure is crucial on the journey of seeking breakthroughs and striving to open up new opportunities. Looking back on the development process in recent years, our province has withstood the pains of economic transformation, the pressure of multiple intertwined contradictions, the challenges of various major risks, and the impact of complex and changing external environment. Since the beginning of this year, the province's economy has been steadily improving and improving in quality. The more at this moment, the more important it is to maintain strategic composure. We must not stop and rest just because we have achieved some results, nor should we be proud and slack off just because development is starting to improve. It must be noted that while the current economy continues to stabilize and improve, some problems and difficulties cannot be ignored, and the foundation for sustained economic recovery still needs to be consolidated. From a broader perspective, there are still unstable and uncertain factors in the current global economic recovery and epidemic prevention and control. Focusing on specific issues, the release of consumption potential in key areas is still insufficient, and efforts are still needed to boost domestic demand; The employment situation is stable and improving, but still faces significant pressure.
The fundamental transformation of the province's development from "quantity" to "quality" and from "form" to "momentum" is not easy, and every step of high-quality development must be taken solidly. Looking back on the past, we must remain firm in our confidence and determination, look forward to the future, and have unremitting efforts to forge ahead; The transformation and development are currently in a critical period of "steeper mountain roads when people reach halfway". We need to implement more precise and effective policies, and continue to consolidate and expand the positive momentum. Next, we should adhere to the new development concept as the guide, while continuing to do a good job in normalized epidemic prevention and control, we should increase our efforts in the "six stabilizations" and "six guarantees" work, focus on difficult and painful points and blockages, grasp key areas to make up for weaknesses and strengths, firmly promote the transformation of old and new driving forces, firmly hold the bottom line of safe development, and make every effort to promote high-quality development.
Information source: Department of Industry and Information Technology of Shandong Province
