Local News

GDP growth of 62 billion yuan, ranking the 12th in China! Ningbo's economy showed resilience in the first half of the year

2022-07-27


Since the beginning of the second quarter, the epidemic has spread in many places in China. Especially in April, the epidemic had a huge impact on the supply chain and industrial chain of our city, and the main economic indicators in April fell deeply.  Under the strong leadership of the CPC Municipal Committee and Government, the whole city effectively coordinated epidemic prevention and control and economic and social development, overcame the impact of unexpected adverse factors, and carried out solid economic progress and quality improvement initiatives. In May, the main economic indicators fully stabilized, and the recovery trend was further consolidated in June. The economic growth in the second quarter was 0.7%.  It is 0.3 and 0.6 percentage points higher than the national and provincial levels, respectively.  
 
"This fully reflects the strong resilience of Ningbo's economy. In the first half of this year, Ningbo's economic growth rate was 0.4 percentage points higher than that of the whole province and the whole country.  "Said Xu Tingya, deputy Party secretary, deputy director and spokesperson of the bureau. 



China's position as a major foreign trade market was further consolidated.  In the first half of this year, the city's foreign trade export reached 408.50 billion yuan, up 14.1% year on year, accounting for 3.67% of the national share, up 0.03 percentage points year on year.  
 
From the perspective of financial revenue, in the first half of the year, the general public budget revenue of the whole city reached 104.96 billion yuan, with an increase of 4.5% after deducting the factors of retained tax rebate, and the growth rate was 0.3 percentage points higher than that of the whole province. The three main taxes of domestic value-added tax, corporate income tax and individual income tax respectively increased by 4.4%, 4.7% and 18.5% after deducting the factors of retained tax rebate.  
 
According to the economic data released by various regions so far, the GDP increment in the first half of the year was 31.1 billion yuan in Tianjin, 12.4 billion yuan in Beijing, 75.4 billion yuan in Shanghai and 60.9 billion yuan in Chongqing.  That is to say, the first half of Ningbo GDP increment has exceeded four municipalities directly under the central government. 


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