Nanning Development and Reform Commission

July 27, 2007

 

Since the beginning of this year, Nanning has put into practice the scientific outlook on development and followed tightly the targets set at the beginning of this year to carry out various activities of Innovation Year for innovating outlooks and thoughts, development pattern, development system and mechanism as well as work approaches.  On the basis of project construction, we have greatly promoted the process of industrialization, urbanization and industrialization of agriculture, kept on opening and improved the investment conditions. As a result, the economy and society have developed rapidly and greatly and the economic development has showed a good momentum of rapid development, sound structure and good profit.

 

 

　　

GDP reached 47.177 billion yuan, up 16.7%, 1.79 percentage points higher than the growth in the same period last year, 3.7 percentage points higher than the annual anticipation made at Nanning People’s Congress at the beginning of this year, and 1.7 percentage points higher than the annual work target set by the CPC Nanning Committee and Nanning Municipal Government.

 

Fiscal revenue was 7.251 billion yuan, up 19.58%, 4.25 percentage points lower than that in the same period last year, 4.58 percentage points higher than the annual anticipation made at the beginning of this year and 2.58 percentage points higher than the annual target set at the beginning of this year.

 

Investment in fixed assets of the whole society was 21.12 billion yuan, up 24.27%, 7.21 percentage points lower than that in the same period last year, 5.27 percentage points higher than the annual anticipation made at the beginning of this year and 2.27 percentage points higher than the annual target set at the beginning of this year.

 

The gross output value of enterprises above designated size amounted to 30.406 billion yuan, an increase of 29.73%, 3.82 percentage points lower than that in the same period last year.

 

The total retail sales of consumer goods reached 24.609 billion yuan, an increase of 16.22%, 2.26 percentage points higher than the growth in the same period last year, 2.22 percentage points higher than the annual anticipation made at the beginning of this year and 1.22 percentage points higher than the target set at the beginning of this year.

 

The export value was 442 million US dollars, up 34.4%, 22.25 percentage points higher than the growth in the same period last year, 19.4 percentage points higher than the annual anticipation made at the beginning of this year.

 

The per-capita disposable income of urban residents reached 6,032 yuan, expanding 13.12%, 3.42 percentage points higher than the growth in the same period last year, 6.12 percentage points higher than the annual anticipation made at the beginning of this year.

 

The per-capita cash income of rural residents reached 2,432 yuan, an increase of 17.35% year on year, 0.46 percentage point lower than that in the same period last year.

 

CPI increased by 2.3%, 3 percent lower than the annual anticipation.

 

 

Comparatively speaking, 1.187 billion yuan more was collected in the total fiscal revenue than that of the same period last year. Of the total, the tax revenue to the central government increased 19.97% to 3.059 billion yuan, with 509 million yuan more; the tax revenue to Guangxi was 866 million yuan, an increase of 16.77%, with 124 million yuan more; and the local tax revenue reached 3.326 billion yuan, an increase of 19.98% with 554 million yuan more. With good industrial economic returns, profits made by industrial enterprises above designated size increased 47.04%. The per-capita income of urban and rural residents grew obviously at the 2-digit growth rate.

 

The industry kept growing rapidly: The gross output value of industrial enterprises above designated size reached 30.406 billion yuan, up 29.73%, and the added value completed by enterprises above designated size was 10.031 billion yuan, growing 25.14% over a year ago. In June alone, the gross output value of industrial enterprises above designated size reached 5.556 billion yuan, 845 million yuan more than that of the same period last year, a new historical high of output value of industry in the monthly record.

 

The good economic returns achieved by enterprises ranked best in the same period of the years since the 10^th Five-Year Plan Period. It’s estimated that in the first half of the year the profits completed by industrial enterprises above designated size in Nanning will reach 1.05 billion yuan, expanding 41%; the profit and tax 2.7 billion yuan, growing 25%.

The industrial enterprises have upgraded to a higher stage: By the end of June, there were 62 enterprises with the output value of over 100 million yuan, 17 more than that of the same period last year. These enterprises achieved the output value of 16.697 billion yuan, up 39.7%, accounting for 54.9% of that of the enterprises above designated size and contributing 50.8% to the increase of industrial output value in Nanning.

 

The output volume of major products grew greatly: The production of 61.64% of 146 major industrial products remained growing, among which the finished sugar grew 50.3%, aluminum, 29.1%, starch, 25.9%, machined-made paper and paper board 20.9% and cigarette, 18.3%.

 

Energy-saving and consumption-reduction produced good results. It’s estimated that 45 major energy-consuming industrial enterprises saved 53,000 tons of standard coal in the first half of this year, accounting for 50% of this year’s plan.

 

The investment remained fairly rapid growth: The investment in fixed assets in urban areas reached 19.174 billion yuan, an increase of 23.59%, 6.75 percentage points lower than the growth in the same period last year. By category, the investment in capital construction was 7.071 billion yuan, up 3.17%, the investment in renovation, 3.614 billion yuan, up 36.21%, and the investment in real estate, 8.091 billion yuan, up 40.11%.

 

The investment had the features as follows: First, the industrial investment enjoyed strong momentum. The industrial investment amounted to 4.135 billion yuan, up 37.93%, 13.66 percentage points higher than the growth rate of investment in Nanning with its contribution of 27.57% to the growth of the investment of the whole city, among which, the investment in industrial transformation and upgrading reached 3.211 billion yuan, an increase of 56.33%; second, the sector of real estate kept growing rapidly, contributing a lot to the growth of investment. With an increase of 40.11%, the investment in real estate was 8.091 billion yuan, taking up 42.2% of the investment in urban areas, 15.84 percentage points higher than that of city’s investment, contributing 63.3% to the increased investment in fixed assets in urban areas, and fueling the growth of investment of 13.63%; third, there is more investment from private sectors. Such investment rose 33.34% to 14.006 billion yuan, accounting for 66.32% of the total investment in Nanning, 4.52 percentage points higher than that of the same period last year; fourth, the constructing floor area of commercial housing increased 32.54%, and that of the residential buildings rose 32.91%. The area of sold residential buildings increased 56.5%, an increase of 65.73% in turnover; and fifth, the capacity of self-investment remained growing. The self finance increased 13.04%, and the foreign direct investment rose 1.22 times.

 

The added value of service sector reached 26.84 billion yuan, an increase of 15.1%, 1.9 percentage points higher than the growth in the same period last year, 2.1 percentage points higher than the annual anticipation made at the beginning of the year and 1.1 percentage points higher than the annual work target set at the beginning of this year.

 

The consumer market was thriving, with the total retail sales of consumer goods of 2.26% higher than the growth in the same period last year. In the first half of this year, the merchants held a number of promotion activities in different ways, including a sequence of monthly auto exhibitions and monthly food festivals, which were greatly accepted by the consumers.  In the Golden Week Holiday of Labor Day, the effect of more consumption in holiday remained as the consumer market in Nanning was thriving. Autos, petrol, housing, digital cameras, MP4, multi-functional mobile phones, upgraded household appliances and other high-grade and high-priced commodities became hot consumer goods. In the first half of this year, the retail sales of autos reached 3.213 billion yuan, an increase of 16.32%, and the retail sales of the accommodation and catering industry stood at 2.707 billion yuan, growing 16.96%.

The financial market grew stably: By the end of June, the various types of loan balance amounted to 185.394 billion yuan, 11.51% higher than that at the beginning of this year, and the deposit balance was 171.27 billion yuan, up 8.04%. Of the total, the deposit balance made by the urban and rural residents was 71.376 billion yuan, up 4.74%.

 

The market of real estate also kept vigorous growth, while the increase of prices of commercial residential buildings went slow. The constructing floor area of commercial housing was 17.0369 million sq. m², an increase of 30%; the sold area of commercial housing was 2.6139 million sq. m², up 56.49% and the sales of commercial housing reached 8.125 billion yuan, expanding 64.73%. The average price per sq. m² was 3108 yuan, up 5.84%.

 

The tourist market developed stably: As many as 9.5608 million tourists were received, up 10.27%, and the tourist income reached 5.188 billion yuan, up 14.45%.

The consumer prices remained stable despite a small increase. The foodstuff, such as meat, poultry, eggs, grains, cooking oil, however, experienced relatively high price increase.

 

The per-capita disposable income of urban residents was 6032 yuan, an increase of 13.12%, 3.42 percentage points higher than the growth in the same period last year. It mainly resulted from the payment increase for staff in administrative departments.

 

The per-capita cash income of rural residents was 2432 yuan, up 17.35%, which was quite high although the growth rate was 0.46% lower than that of the same period last year.

 

I   Strong growth of export

The gross value of import and export registered 541 million US dollars, up 36.96%, 22.04 percentage points higher than that of the same period last year. Of the total, the export value amounted to 422 million US dollars, up 34.4%. While the existing export markets of Hong Kong, Macao, Taiwan, Europe and America were continuously developed, the Southeast Asian market was opened. The export enterprises left no means untried to overcome the negative influence caused by the reduction of export drawback rate and the appreciation of RMB so as to increase export.

 

II.  More achievements in business promotion and investment attraction

More efforts were made to promote business and attract investment and to put into operation the signed contracts and agreements so that the relative projects could be fulfilled. New breakthroughs were made in the campaign of A Hundred Enterprises Entering Nanning and in receiving the industries shifting from east China to west China. All together 471 contracts were signed to attract investment from both home and abroad with a total amount of 28.65 billion yuan, up 21.11%, completing 52.35% of the annual target. The actual invested funds amounted to 13.734 billion yuan, growing 21.45%, completing 51.45% of the annual target.

 

All together 416 contracts were signed to attract domestic investment with a total investment of 26.854 billion yuan, up 20.29%, completing 53.54% of the annual target; the actual invested funds stood at 12.119 billion yuan, soaring 20.78%, completing 50.73% of the annual target. Of the total, 187 projects were introduced outside Guangxi with the capital of 15.598 billion yuan, an increase of 14.06%; the actual invested funds reached 7.114 billion yuan, expanding 46.1%, completing 73.34% of the target set by Guangxi.In terms of foreign investment, 55 foreign investment enterprises were newly approved with the amount of foreign investment of 221.67 million US dollars, an increase of 34.76%; the foreign investment in actual use amounted to 90.31 million US dollars, completing 50.17% of the annual target. Of the total, the direct utilization of foreign capital amounted to 62.03 million US dollars, soaring 122.81%, completing 51.73% of the annual target.

 

The major features of investment attraction were as follows: first, the attracted domestic and foreign investment and the actual invested funds all grew at the 2-digit rate; second, the developed areas in east China became the important source for Guangxi to attract investment, while the cooperative projects between Guangxi and Guangdong and between Guangxi and Fujian became the major source of funds for cooperative projects in China; and third, the growth rate of foreign direct investment was as high as 1.22 times.

 

The agricultural added value was 4.097 billion yuan, an increase of 9.26%, 0.76 percentage points higher than the growth in the same period last year, 2.26 percentage points higher than the annual anticipation and 1.26 percentage points higher than the annual work target set at the beginning of the year. The gross output value of farming, forestry, animal husbandry, and fishery rose 8.29% to 7.21 billion yuan.

 

The farming industry developed soundly: The crop-growing area increased continuously, and the constituent structure of grains was improved. As the prices of produces remained high in these 2 years and the state granted the direct subsidy for grains in addition to the exemption of agricultural tax, the farmers were more active in agricultural production. In the first half of the year, the crop-growing area in Nanning reached 608,100 hectares, an increase of 2.53%. Of the total, the growing area of sugar cane, vegetables and cassava increased 12.81%, 2.47% and 4.34% respectively. The percentage of improved variety in the grown grains increased. The super hybrid rice was greatly popularized and the growing proportion of traditional hybrid rice was a bit larger than that of the same period last year. Vegetables and fruits saw better yield with an increase of 3.12% and 10.75% in output respectively. Litchi had a good harvest with an output increase of 46.84%.

 

Animal husbandry and fishery continued to develop since the poultry, cattle and goat raising zones were greatly developed by adopting the industrialized management method of company plus farmers. Besides, the powerful enterprises played a leading role in investment, and the technology of culturing fish in net pen was popularized and applied. By the end of June, the number of pigs for sale was 2.0347 million, up 2.24%, and that of poultry, 40.0908 million, up 16.24%. The output of meat totaled 228,500 tons, up 6.43%, that of milk, 18,100 tons, up 10.32%, and that of aquatic products, 85,500 tons, up 7.37%.

 

Farmers’ income kept increasing by a big margin. The household business and the second and tertiary industries in rural areas developed well, and the prices of sugar cane, pork and other produces kept growing.  As a result, the per-capita cash income of rural residents increased as much as 359 yuan, up 17.35%.

 

The Nanning Office of Planning, Construction and Administration of Guangxi Beibu Gulf Economic Zone was established to positively organize and coordinate the work for integrating Nanning into the planning of Beibu Gulf Economic Zone and into the planning of key infrastructure projects and key industrial projects. Nanning also supported and worked together with Guangxi to strive for the integration of Guangxi Beibu Gulf Economic Zone into the national strategic planning and for the incorporation of Beibu Gulf New Zone into the project of national comprehensive reform pilot. Nanning also supported and worked together with Guangxi to promote the planning and construction of an international logistics base in Nanning. The work included applying to the General Administration of Customs for the construction of bonded logistic center (B type) in Nanning, drawing up the Construction Plan for Nanning Bonded Logistic Center (B Type), pushing forward the Shenzhen Yantian Port Group Co., Ltd. to invest and construct Nanning Bonded Logistic Center (B type) as well as the supporting infrastructure in the international logistic base in Nanning. What’s more, Nanning actively conducted the study of serving major industries in the 3 coastal cities of Beihai, Qinzhou and Fangchenggang in Guangxi so as to develop in Nanning a series of projects that would support the above-mentioned industries and their extended industries. In this way, the advantages that Nanning has as the core city in geographical location, talents, funds, technology and market would be fully utilized to develop the high value-added products, further strengthen the industrial competitiveness and develop the regional processing and manufacturing base. In order to create more favorable conditions for further developing and opening the economic zone, a tour was arranged for different media including Nanning Daily to cover and publicize the new situations and the prospective development plans in different cities in the zone. 

 

Regional economic cooperation was further developed and strengthened, including that between Guangxi and Guangdong, Guangxi and Fujian, Guangxi and Taiwan, Guangxi and Hong Kong, a large number of business promotion projects and trade projects were put into practice.

 

The land utilization policies were strictly followed: The Provisional Regulation on Assignment of Bidding, Auction and Board Hanging for Industrial Land in Nanning was formulated and implemented. According to the arrangement made by the country about developing the circulation economy, promoting the high-effective use of resources, energy saving and pollution reduction and changing the economic growth method, Nanning proposed and implemented the Implementation Proposal for Accelerating the Development of Circulation Economy by Nanning Municipal Government and the Preliminary Work Plan for Energy Saving and Pollution Reduction in Nanning.