Hubei first half network retail sales 6.63 billion

Absrtact: Recently, the Department of Commerce in Hubei Province, the head of the Chinese Academy of Social Sciences in the middle reaches of the Yangtze River Group Development Strategy Research, said that the first half of Hubei province business economy overall to maintain a smooth growth, but domestic trade, foreign investment, foreign capital growth is not enough. January-June, Lake

Recently, the Ministry of Commerce in Hubei Province in the Chinese Academy of Social Sciences, "the middle reaches of the Yangtze River Group Development Strategy Research" survey, said that the first half of Hubei province business economy overall to maintain a smooth growth, but domestic trade, foreign investment, foreign capital growth are not enough stamina.

January-June, the total retail sales of consumer goods in Hubei province amounted to 557.43 billion yuan, an increase of 12.9% per cent, a 0.4% increase in the first quarter. The actual use of foreign capital of 4.07 billion U.S. dollars, an increase of 9.3%, but less than 12% of the growth target.

Total retail sales amounted to 557.43 billion yuan in the first half

According to the introduction, the first half of Hubei province domestic trade to maintain stable growth. E-commerce has become a new engine of consumption, Hubei province through the Internet to achieve retail sales of 6.63 billion yuan, an increase of 81.4%, Wuhan Jingdong, good goods shop sales grew 81.5%, 48.2%, faster than the traditional retail enterprises.

Urban consumption to upgrade the big-ticket items, car consumption of 55.88 billion yuan, an increase of 18.9%, faster than other types, become the second largest category of consumption of cereals and foodstuffs. Large circulation enterprises operating stably, the quota above the unit consumer goods retail sales growth 15%, driving Hubei province consumption growth 9.8%; Kyushu Tong, Wu Shang, China sales growth 19.9%, 9% and 8.4% respectively.

At the same time, the use of foreign capital steady growth in January-June, the actual use of foreign investment in Hubei province 4.07 billion U.S. dollars, an increase of 9.3%, but less than 12% of the growth target. To invest in the world's top 500 enterprises add 6, accumulated up to 218. "One main two" Central city actual use of foreign capital accounted for 77.5% of the total province, faster than the same period of 10.5%, Wuhan, Xiangyang, Huanggang and other cities to increase by about 30%.

Foreign investment is still dominated by manufacturing

The source of foreign investment is still in Hong Kong, China, Hong Kong invested 1.58 billion U.S. dollars in Hubei province, accounting for 38.8% of total investment, South Korea, the United States, Singapore, Ireland, the rapid growth in investment. Foreign investment is still mainly manufacturing industry, the actual use of foreign capital increased by 19.8%, accounting for more than 50% of the total province.

On the other hand, Hubei province enterprises "go out" the momentum is good. January-June, the province's foreign contracted projects completed turnover of 2.63 billion U.S. dollars, an increase of 2.6%, the new contract amounted to 6.89 billion U.S. dollars, the growth of 1.5 times times, the foreign workers of all types of services 12157, the year-on-year growth of 21.1%, the indicators are ranked the forefront of the country, the central leading.

Second half of domestic and foreign trade growth is not enough stamina

Compared with the good development momentum in the first half of the year, the business economy of Hubei province faces many difficulties.

With the national consumption growth slowed down year in, Hubei province, the total retail sales of consumer goods also slowed down, domestic trade growth momentum is insufficient. Hubei Provincial Department of Commerce related to the analysis that: from the supporting conditions, urban and rural residents ' income growth lags behind the consumption growth for a long time, social security level is still not high, it is difficult to support the sustainable rapid growth of consumption. From the consumption hot spot, the real estate market development slows down, restricts the household building materials and the household appliance consumption, the automobile consumption advance overdraft, the sustained high speed growth is unsustainable; accommodation catering is subject to policy constraints, short-term difficulties; From the operating mode of view, the traditional large retail enterprises sales growth generally slowed, network retail trade "deficit" is still expanding.

Exports of some large enterprises have slipped

At the same time, foreign trade growth pressure. First, although export growth in the first half of this year more than two digits, but the second half to maintain the pressure of double-digit growth. In the second half of Hubei province, Wuhan exports 5.16 billion U.S. dollars, only 6%, below the annual target of 4%, pulling down the export growth of Hubei provinces 4.9 percentage; Yellowstone, Qianjiang, Enshi and other cities have declined. Third, large enterprises export difficult. Last year, the top five leading enterprises in the export, in addition to Foxconn, long airlines outside the growth, Wisco, crown Czech, Sinopec long-burning exports have fallen sharply. Four, export growth point is not much. In addition to Lenovo Mobile, there is no big advantage in the recent industry or undertake industrial transfer projects can be quickly transformed into export results.

On the other hand, the use of foreign capital in Hubei province is insufficient: first, some municipal contracting foreign investment has fallen sharply. In the first half, the amount of contract foreign investment in Wuhan fell 42.8%, Yichang, Huanggang, Suizhou, Qianjiang decline in more than 70%. Second, regional development imbalance. In addition to the "one main two" and other hot city state, 13 cities in our province (excluding Shennongjia) the actual use of foreign investment fell 25.3%, some counties and cities to introduce new projects have not achieved zero breakthrough.

From the consumption hot spot, the real estate market development slows down, restricts the household building materials and the household appliance consumption, the automobile consumption advance overdraft, the sustained high speed growth cannot sustain. --Head of Provincial business department

Hubei Province to achieve social consumer goods retail total amount of 557.43 billion yuan, internet retail sales 6.63 billion yuan, an increase of 81.4%, car consumption 55.88 billion yuan, the year-on-year increase of 18.9%.