Fixed asset investment continues to recover

From January to July, the decline in fixed asset investment in the city narrowed by 0.4 percentage points compared to that of the period from January to June.

Investments in certain manufacturing sectors saw significant growth, with furniture manufacturing investment rising by 119.6% year on year, chemical raw materials and the product manufacturing up by 88.6%, metal products up by 21.0%, and alcohol, beverage and refined tea production up by 16.7%.

Support for livelihoods remains strong

From January to July, the city's general public budget expenditure reached 48,331 million yuan, with 37,889 million yuan allocated for livelihoods. This represented a year-on-year increase of 3.1% and accounts for 78.4% of the total public budget expenditure, an increase of 0.7 percentage points from that of the period from January to June. Notably, spending in culture, tourism, sports and media, social security and employment, as well as healthcare, grew by 7.6%, 6.2%, and 5.8%, respectively.