National Bureau of Statistics: In 2024, the Gross Domestic Product will grow by 5.0% compared to the previous year
On February 28, the National Bureau of Statistics released the 2024 National Economic and Social Development Statistical Bulletin, estimating the annual Gross Domestic Product (GDP) to be 13,490,840 million yuan, a year-on-year increase of 5.0%. Among them, the added value of the primary industry is 914.14 billion yuan, growing by 3.5%; the secondary industry is 4,920.87 billion yuan, growing by 5.3%; and the tertiary industry is 7,655.83 billion yuan, growing by 5.0%. The proportions of each industry in GDP are 6.8%, 36.5%, and 56.7%, respectively
According to the Zhitong Finance APP, on February 28, the National Bureau of Statistics released the 2024 National Economic and Social Development Statistical Bulletin. Preliminary calculations show that the annual Gross Domestic Product (GDP) is 13,490,840 million yuan, an increase of 5.0% compared to the previous year. Among them, the added value of the primary industry is 91,414 million yuan, an increase of 3.5% compared to the previous year; the added value of the secondary industry is 492,087 million yuan, an increase of 5.3%; the added value of the tertiary industry is 765,583 million yuan, an increase of 5.0%. The added value of the primary industry accounts for 6.8% of GDP, the added value of the secondary industry accounts for 36.5%, and the added value of the tertiary industry accounts for 56.7%.
Original text as follows:
Statistical Bulletin on National Economic and Social Development of the People's Republic of China for 2024
National Bureau of Statistics
February 28, 2025
2024 marks the 75th anniversary of the founding of the People's Republic of China and is a key year for achieving the goals and tasks of the "14th Five-Year Plan." In the face of increasing external pressures and growing internal difficulties, under the strong leadership of the Party Central Committee with Comrade Xi Jinping at its core, all regions and departments adhere to the guidance of Xi Jinping's Thought on Socialism with Chinese Characteristics for a New Era, fully implement the spirit of the 20th National Congress of the Communist Party of China and the second and third plenary sessions of the 20th Central Committee, follow the decision-making and deployment of the Party Central Committee and the State Council, maintain the general tone of seeking progress while ensuring stability, fully and accurately implement the new development concept, accelerate the construction of a new development pattern, focus on promoting high-quality development, comprehensively deepen reform and opening up, strengthen macroeconomic regulation, and ensure that the overall economic operation remains stable and progresses steadily, with high-quality development being solidly advanced, new productive forces developing steadily, reform and opening up deepening continuously, risks in key areas being resolved in an orderly and effective manner, and ensuring people's livelihood being solid and powerful, making new solid strides in Chinese-style modernization.
I. Overview
Preliminary calculations show that the annual Gross Domestic Product (GDP) is 13,490,840 million yuan, an increase of 5.0% compared to the previous year. Among them, the added value of the primary industry is 91,414 million yuan, an increase of 3.5%; the added value of the secondary industry is 492,087 million yuan, an increase of 5.3%; the added value of the tertiary industry is 765,583 million yuan, an increase of 5.0%. Final consumption expenditure contributed 2.2 percentage points to GDP growth, total capital formation contributed 1.3 percentage points, and net exports of goods and services contributed 1.5 percentage points to GDP growth. In terms of quarters, GDP grew by 5.3% year-on-year in the first quarter, 4.7% in the second quarter, 4.6% in the third quarter, and 5.4% in the fourth quarter. The annual per capita GDP is 95,749 yuan, an increase of 5.1% compared to the previous year. The Gross National Income is 13,396,672 million yuan, an increase of 5.1% compared to the previous year. The labor productivity per capita is 173,898 yuan/person, an increase of 4.9% compared to the previous year.
At the end of the year, the national population was 1,408.28 million, a decrease of 1.39 million compared to the end of the previous year, with an urban resident population of 943.50 million. The total number of births for the year was 9.54 million, with a birth rate of 6.77‰; the number of deaths was 10.93 million, with a death rate of 7.76‰; the natural growth rate was -0.99‰.
At the end of the year, the total number of employed persons nationwide was 734.39 million, of which urban employed persons were 473.45 million, accounting for 64.5% of the total employed population. The total number of new urban jobs created nationwide for the year was 12.56 million, an increase of 120,000 compared to the previous year. The average urban survey unemployment rate for the year was 5.1%. The urban survey unemployment rate at the end of the year was 5.1%. The total number of migrant workers nationwide was 299.73 million, an increase of 0.7% compared to the previous year. Among them, the number of migrant workers who went out was 178.71 million, an increase of 1.2%; local migrant workers numbered 121.02 million, an increase of 0.1%.
Throughout the year, the consumer price index for residents increased by 0.2% compared to the previous year. The producer price index for industrial producers decreased by 2.2%. The purchase price index for industrial producers decreased by 2.2%. The producer price index for agricultural products decreased by 0.9%. In December, among 70 large and medium-sized cities, the number of cities where the sales prices of newly built commercial residential properties increased month-on-month was 23, remained unchanged in 4, and decreased in 43; the number of cities where the sales prices of second-hand residential properties increased month-on-month was 9, remained unchanged in 1, and decreased in 60; the number of cities where the sales prices of newly built commercial residential properties increased year-on-year was 2, and decreased in 68; the number of cities where the sales prices of second-hand residential properties decreased year-on-year was 70.
At the end of the year, the national foreign exchange reserves were USD 320.24 billion, a decrease of USD 35.6 billion compared to the end of the previous year. The average exchange rate of the RMB for the year was 1 USD to 7.1217 RMB, depreciating by 1.1% compared to the previous year.
The new quality productivity is steadily developing. In the whole year, the added value of the equipment manufacturing industry in the above-scale industries increased by 7.7% compared to the previous year, accounting for 34.6% of the added value of above-scale industries; the added value of high-tech manufacturing increased by 8.9%, accounting for 16.3% of the added value of above-scale industries. The production of new energy vehicles reached 13.168 million units, an increase of 38.7% compared to the previous year; the production of solar cells (photovoltaic cells) was 680 million kilowatts, an increase of 15.7%; the production of service robots was 10.519 million sets, an increase of 15.6%; the production of 3D printing equipment was 3.418 million units, an increase of 11.3%. In the above-scale service industry, the operating income of strategic emerging service enterprises increased by 7.9% compared to the previous year. Investment in high-tech industries increased by 8.0% compared to the previous year, and investment in technological transformation of manufacturing increased by 8.0%. The total e-commerce transaction volume reached 46.4091 trillion yuan, an increase of 3.9% compared to the previous year. Online retail sales reached 15.2287 trillion yuan, an increase of 7.2%. A total of 27.37 million new business entities were established throughout the year, with an average of 24,000 new enterprises established daily.
The integration of urban and rural areas and coordinated regional development are being solidly promoted. By the end of the year, the urbanization rate of the national permanent population was 67.00%, an increase of 0.84 percentage points compared to the end of the previous year. By region, the GDP of the eastern region reached 70.2356 trillion yuan, an increase of 5.0% compared to the previous year; the GDP of the central region was 28.7156 trillion yuan, an increase of 5.0%; the GDP of the western region was 28.7350 trillion yuan, an increase of 5.2%; the GDP of the northeastern region was 6.3451 trillion yuan, an increase of 4.4%. The GDP of the Beijing-Tianjin-Hebei region reached 11.5394 trillion yuan, an increase of 5.2% compared to the previous year; the GDP of the Yangtze River Economic Belt reached 63.0228 trillion yuan, an increase of 5.4%; the GDP of the Yangtze River Delta region reached 33.1691 trillion yuan, an increase of 5.5%. Significant progress has been made in the implementation of major regional strategies such as the construction of the Guangdong-Hong Kong-Macao Greater Bay Area and ecological protection and high-quality development in the Yellow River Basin.
The green and low-carbon transformation continues to deepen. Preliminary estimates indicate that the carbon dioxide emissions per ten thousand yuan of GDP nationwide decreased by 3.4% compared to the previous year. The power generation from clean energy sources such as hydropower, nuclear power, wind power, and solar power reached 37,126 billion kilowatt-hours, an increase of 16.4% compared to the previous year. Among the 339 monitored cities at the prefecture level and above, 65.5% of the cities met air quality standards, while 34.5% did not meet the standards. Among the 3,641 national surface water assessment sections, the proportion of sections with good water quality (Class I-III) was 90.4%, Class IV sections accounted for 7.8%, Class V sections accounted for 1.2%, and sections with inferior Class V accounted for 0.6%.
II. Agriculture
The total sown area for grain reached 11.932 million hectares, an increase of 350,000 hectares compared to the previous year. Among them, the sown area for rice was 2.901 million hectares, an increase of 60,000 hectares; the sown area for wheat was 2.359 million hectares, a decrease of 40,000 hectares; the sown area for corn was 4.474 million hectares, an increase of 520,000 hectares; the sown area for soybeans was 1.033 million hectares, a decrease of 150,000 hectares. The sown area for cotton was 284,000 hectares, an increase of 50,000 hectares The sown area for oilseeds is 14.29 million hectares, an increase of 370,000 hectares. The sown area for sugar crops is 1.48 million hectares, an increase of 70,000 hectares.
The total grain output for the year is 706.5 million tons, an increase of 11.09 million tons or 1.6% compared to the previous year. Among them, the summer grain output is 149.89 million tons, an increase of 2.6%; the early rice output is 28.17 million tons, a decrease of 0.6%; the autumn grain output is 528.43 million tons, an increase of 1.4%. The total grain output is 652.29 million tons, an increase of 1.7% compared to the previous year. Among them, the rice output is 207.53 million tons, an increase of 0.5%; the wheat output is 140.1 million tons, an increase of 2.6%; the corn output is 294.92 million tons, an increase of 2.1%. The soybean output is 20.65 million tons, a decrease of 0.9%.
The total cotton output for the year is 6.16 million tons, an increase of 9.7% compared to the previous year. The oilseed output is 39.79 million tons, an increase of 3.0%. The sugar crop output is 11.87 million tons, an increase of 4.3%. The tea output is 3.74 million tons, an increase of 5.5%.
The total output of pork, beef, lamb, and poultry for the year is 96.63 million tons, an increase of 0.2% compared to the previous year. Among them, the pork output is 57.06 million tons, a decrease of 1.5%; the beef output is 7.79 million tons, an increase of 3.5%; the lamb output is 5.18 million tons, a decrease of 2.5%; the poultry output is 26.6 million tons, an increase of 3.8%. The egg output is 35.88 million tons, an increase of 0.7%. The milk output is 40.79 million tons, a decrease of 2.8%. At the end of the year, the number of live pigs is 427.43 million, a decrease of 1.6% compared to the end of the previous year; the total number of live pigs sold throughout the year is 702.56 million, a decrease of 3.3% compared to the previous year.
The total output of aquatic products for the year is 73.66 million tons, an increase of 3.5% compared to the previous year. Among them, the aquaculture output is 60.62 million tons, an increase of 4.3%; the catch output is 13.05 million tons, a decrease of 0.1%.
The total timber output for the year is 137.4 million cubic meters, an increase of 8.2% compared to the previous year.
III. Industry and Construction
The total industrial added value for the year is 40.5442 trillion yuan, an increase of 5.7% compared to the previous year. The added value of industries above designated size increased by 5.8%. In terms of economic types within the industries above designated size, the added value of state-controlled enterprises increased by 4.2%; joint-stock enterprises increased by 6.1%; foreign and Hong Kong, Macao, and Taiwan-invested enterprises increased by 4.0%; private enterprises increased by 5.3%. In terms of categories, the mining industry increased by 3.1%, the manufacturing industry increased by 6.1%, and the production and supply of electricity, heat, gas, and water increased by 5.3%.
In the industries above designated size for the year, the added value of the agricultural and sideline food processing industry increased by 2.2% compared to the previous year, the textile industry increased by 5.1%, the chemical raw materials and chemical products manufacturing industry increased by 8.9%, the non-metallic mineral products industry decreased by 1.4%, the black metal smelting and rolling processing industry increased by 4.0%, the general equipment manufacturing industry increased by 3.6%, and the special equipment manufacturing industry increased by 2.8% The automotive manufacturing industry grew by 9.1%, the electrical machinery and equipment manufacturing industry grew by 5.1%, the computer, communication, and other electronic equipment manufacturing industry grew by 11.8%, and the electricity and heat production and supply industry grew by 5.2%.
In the whole year, the profits of industrial enterprises above designated size reached 74,311 billion yuan, a decrease of 3.3% compared to the previous year. By economic type, the profits of state-controlled enterprises were 21,397 billion yuan, a decrease of 4.6% compared to the previous year; joint-stock enterprises had profits of 56,166 billion yuan, down 3.6%; foreign and Hong Kong, Macao, and Taiwan-invested enterprises had profits of 17,638 billion yuan, down 1.7%; private enterprises had profits of 23,246 billion yuan, an increase of 0.5%. By category, the mining industry had profits of 11,272 billion yuan, a decrease of 10.0% compared to the previous year; the manufacturing industry had profits of 55,141 billion yuan, down 3.9%; the electricity, heat, gas, and water production and supply industry had profits of 7,898 billion yuan, an increase of 14.5%. The cost per 100 yuan of operating income for industrial enterprises above designated size was 85.16 yuan, an increase of 0.36 yuan compared to the previous year; the operating income profit margin was 5.39%, a decrease of 0.30 percentage points. At the end of the year, the asset-liability ratio of industrial enterprises above designated size was 57.5%, an increase of 0.1 percentage points compared to the end of the previous year. The capacity utilization rate of industrial enterprises above designated size for the whole year was 75.0%.
Preliminary calculations show that the total production of primary energy for the whole year was 4.98 billion tons of standard coal, an increase of 4.6% compared to the previous year.
At the end of the year, the national installed power generation capacity was 334,862 megawatts, an increase of 14.6% compared to the end of the previous year. Among them, the installed capacity of thermal power was 144,445 megawatts, an increase of 3.8%; the installed capacity of hydropower was 43,595 megawatts, an increase of 3.2%; the installed capacity of nuclear power was 6,083 megawatts, an increase of 6.9%; the installed capacity of grid-connected wind power was 52,068 megawatts, an increase of 18.0%; and the installed capacity of grid-connected solar power generation was 88,666 megawatts, an increase of 45.2%.
The added value of the construction industry for the whole year was 89,949 billion yuan, an increase of 3.8% compared to the previous year. The profits of qualified general contracting and specialized contracting construction enterprises nationwide were 7,513 billion yuan, a decrease of 9.8% compared to the previous year, of which state-controlled enterprises had profits of 3,669 billion yuan, a decrease of 8.7%.
IV. Service Industry
The value added of the wholesale and retail industry for the year was 13,798.1 billion yuan, an increase of 5.5% compared to the previous year; the value added of transportation, warehousing, and postal services was 5,923.2 billion yuan, an increase of 7.0%; the value added of accommodation and catering was 2,472.9 billion yuan, an increase of 6.4%; the value added of the financial industry was 9,854.4 billion yuan, an increase of 5.6%; the value added of the real estate industry was 8,456.5 billion yuan, a decrease of 1.8%; the value added of information transmission, software, and information technology services was 6,343.8 billion yuan, an increase of 10.9%; the value added of leasing and business services was 5,657.6 billion yuan, an increase of 10.4%. The operating income of service enterprises above designated size increased by 7.2% compared to the previous year, and the total profit increased by 2.4%.
The total volume of goods transported for the year was 57.8 billion tons, an increase of 3.8% compared to the previous year. The freight turnover was 26,194.8 billion ton-kilometers, an increase of 5.6%. Ports completed a cargo throughput of 1.76 billion tons, an increase of 3.7% compared to the previous year, of which foreign trade cargo throughput was 540 million tons, an increase of 6.9%. The port container throughput was 33.2 million TEUs, an increase of 7.0%.
The total number of passenger transport for the year was 1.71 billion person-times, an increase of 8.5% compared to the previous year. The passenger turnover was 33,886 billion person-kilometers, an increase of 13.6%.
At the end of the year, the total number of civilian vehicles in the country was 35.268 million (including 6.94 million three-wheeled vehicles and low-speed trucks), an increase of 16.51 million compared to the end of the previous year, of which the number of private cars was 30.989 million, an increase of 15.62 million; the number of new energy vehicles was 3.14 million, an increase of 1.099 million. The number of civilian passenger cars was 19.343 million, an increase of 6.75 million, of which the number of private passenger cars was 18.204 million, an increase of 6.64 million.
The total volume of postal industry delivery services for the year was 193.7 billion items, an increase of 19.2% compared to the previous year. The postal industry completed 990 million postal letters, 30 million parcels, and 17.51 billion express deliveries, with express delivery revenue of 1,403.4 billion yuan. The total telecommunications business for the year was 1,830.7 billion yuan, an increase of 10.0% compared to the previous year. At the end of the year, the number of mobile phone base stations was 12.65 million, including 7.11 million 4G base stations and 4.25 million 5G base stations. The total number of mobile phone users nationwide was 1,789.6 million, of which 5G mobile phone users were 1,014.05 million. The mobile phone penetration rate was 127.1 units per 100 people The number of fixed internet broadband access users reached 66.983 million, an increase of 33.52 million compared to the end of the previous year, among which users with broadband access speeds of 1000M and above totaled 20.683 million, an increase of 43.55 million. The number of mobile IoT terminal users reached 2.656 billion, an increase of 324 million. The number of internet users was 1.108 billion, of which 1.105 billion accessed the internet via mobile phones. The internet penetration rate was 78.6%, with a rural internet penetration rate of 67.4%. The total mobile internet user access traffic for the year was 337.6 billion GB, an increase of 11.6% compared to the previous year. The software and information technology service industry achieved software business revenue of 1.37276 trillion yuan, an increase of 10.0% compared to the previous year.
V. Domestic Trade
The total retail sales of consumer goods for the year reached 4.83345 trillion yuan, an increase of 3.5% compared to the previous year. By operating location, urban retail sales of consumer goods were 4.17813 trillion yuan, an increase of 3.4%; rural retail sales of consumer goods were 655.31 billion yuan, an increase of 4.3%. By consumption type, retail sales of goods were 4.27165 trillion yuan, an increase of 3.2%; catering revenue was 561.80 billion yuan, an increase of 5.3%. Service retail sales increased by 6.2% compared to the previous year.
In the total retail sales of goods above the designated size for the year, retail sales of grain, oil, and food increased by 9.9% compared to the previous year, beverages increased by 2.1%, tobacco and alcohol increased by 5.7%, clothing, shoes, hats, and textiles increased by 0.3%, cosmetics decreased by 1.1%, gold, silver, and jewelry decreased by 3.1%, daily necessities increased by 3.0%, sports and entertainment products increased by 11.1%, household appliances and audio-visual equipment increased by 12.3%, Chinese and Western medicines increased by 3.1%, cultural and office supplies decreased by 0.3%, furniture increased by 3.6%, communication equipment increased by 9.9%, petroleum and products increased by 0.3%, automobiles decreased by 0.5%, and building and decoration materials decreased by 2.0%. By retail format, among retail units above the designated size, convenience store retail sales increased by 4.7% compared to the previous year, specialty stores increased by 4.2%, supermarkets increased by 2.7%, department stores decreased by 2.4%, and brand specialty stores decreased by 0.4%.
The online retail sales of physical goods for the year reached 12.7878 trillion yuan, an increase of 6.5% compared to the previous year, accounting for 26.5% of the total retail sales of consumer goods.
VI. Fixed Asset Investment In the whole year, the total fixed asset investment in society reached 52,091.6 billion yuan, an increase of 3.1% compared to the previous year. Fixed asset investment (excluding rural households) was 51,437.4 billion yuan, growing by 3.2%, among which investment in the purchase of equipment and tools increased by 15.7%. In terms of fixed asset investment (excluding rural households) by region, investment in the eastern region grew by 1.3%, the central region by 5.0%, the western region by 2.4%, and the northeastern region by 4.2%.
In fixed asset investment (excluding rural households), investment in the primary industry was 95.43 billion yuan, an increase of 2.6% compared to the previous year; investment in the secondary industry was 1,790.64 billion yuan, an increase of 12.0%; investment in the tertiary industry was 3,257.67 billion yuan, a decrease of 1.1%. Infrastructure investment grew by 4.4%. Investment in the social sector decreased by 2.5%. Private investment was 257.574 billion yuan, a decrease of 0.1%; excluding real estate development private investment, private project investment grew by 6.0%. By sector, private investment in manufacturing grew by 10.8%, and private investment in infrastructure grew by 5.8%.
In the whole year, real estate development investment was 10,028 billion yuan, a decrease of 10.6% compared to the previous year. Among them, residential investment was 76,040 billion yuan, a decrease of 10.5%; office building investment was 4,160 billion yuan, a decrease of 9.0%; commercial business property investment was 6,944 billion yuan, a decrease of 13.9%. The total sales area of newly built commercial housing was 97,385 million square meters. The area of second-hand housing transactions registered online was 71,812 million square meters. At the end of the year, the area of newly built commercial housing for sale was 75,327 million square meters, of which the area of unsold commercial residential housing was 39,088 million square meters.
In the whole year, the construction and collection of 1.8 million units (rooms) of affordable housing, guaranteed rental housing, and public rental housing were initiated; the construction and collection of 1.89 million units of resettlement housing for urban village renovation were initiated, and 79,000 units of urban dilapidated housing renovation were started; 58,000 old urban communities were newly started for renovation, benefiting 9.66 million households; 239,000 households of key groups such as low-income rural populations were initiated for rural dilapidated housing renovation and seismic retrofitting.
VII. Foreign Economy The total value of goods import and export for the year reached 43.8468 trillion yuan, an increase of 5.0% compared to the previous year. Among them, exports amounted to 25.4545 trillion yuan, growing by 7.1%; imports were 18.3923 trillion yuan, increasing by 2.3%. The trade surplus in goods was 7.0623 trillion yuan. The import and export value with countries participating in the Belt and Road Initiative reached 22.0685 trillion yuan, an increase of 6.4% compared to the previous year. Among them, exports were 12.2095 trillion yuan, growing by 9.6%; imports were 9.8589 trillion yuan, increasing by 2.7%. The import and export value with other member countries of the Regional Comprehensive Economic Partnership (RCEP) reached 13.1645 trillion yuan, an increase of 4.5% compared to the previous year. The import and export value of private enterprises was 24.3329 trillion yuan, an increase of 8.8%, accounting for 55.5% of the total import and export value; among them, exports were 16.4717 trillion yuan, growing by 9.4%.
The total value of services import and export for the year reached 7.5238 trillion yuan, an increase of 14.4% compared to the previous year. Among them, exports were 3.1756 trillion yuan, growing by 18.2%; imports were 4.3482 trillion yuan, increasing by 11.8%. The trade deficit in services was 1.1727 trillion yuan.
A total of 59,080 new foreign-invested enterprises were established throughout the year, an increase of 9.9% compared to the previous year. The actual use of foreign capital was 826.3 billion yuan, a decrease of 27.1%, equivalent to 116.2 billion USD, a decrease of 28.8%. Among them, 17,172 new foreign-invested enterprises were established from countries participating in the Belt and Road Initiative (including investments through some free ports), an increase of 23.8%; direct investment from these countries was 114.7 billion yuan, a decrease of 6.2%, equivalent to 16.1 billion USD, a decrease of 8.4%. The actual use of foreign capital in high-tech industries was 286.4 billion yuan, a decrease of 32.3%, equivalent to 40.3 billion USD, a decrease of 34.0%.
The total amount of foreign non-financial direct investment for the year was 1,024.5 billion yuan, an increase of 11.7% compared to the previous year, equivalent to 143.8 billion USD, an increase of 10.5%. Among them, the non-financial direct investment in countries participating in the Belt and Road Initiative amounted to 239.9 billion yuan, an increase of 6.5%, equivalent to 33.7 billion USD, an increase of 5.4%.
The total operating revenue from foreign contracted projects for the year was 1,182.0 billion yuan, an increase of 4.2% compared to the previous year, equivalent to 166.0 billion USD, an increase of 3.1%. Among them, the operating revenue from countries participating in the Belt and Road Initiative was 138.8 billion USD, an increase of 3.4%, accounting for 83.6% of the total operating revenue from foreign contracted projects. A total of 410,000 various labor personnel were dispatched for foreign labor cooperation.
VIII. Fiscal Finance
The total national general public budget revenue for the year was 21,970.2 billion yuan, an increase of 1.3% compared to the previous year; among them, tax revenue was 17,497.2 billion yuan, a decrease of 3.4%. The total national general public budget expenditure was 28,461.2 billion yuan, an increase of 3.6% compared to the previous year. The total amount of tax reductions, fee reductions, and tax refunds to support technological innovation and manufacturing development for the year was 2,629.3 billion yuan.
At the end of the year, the balance of broad money supply (M2) was 313.5 trillion yuan, an increase of 7.3% compared to the end of the previous year; the balance of narrow money supply (M1) was 67.1 trillion yuan, a decrease of 1.4%; the balance of currency in circulation (M0) was 12.8 trillion yuan, an increase of 13.0%.
The annual increase in the scale of social financing was 32.3 trillion yuan, which is 3.3 trillion yuan less than the previous year when calculated on a comparable basis. The year-end stock of social financing was 408.3 trillion yuan, an increase of 8.0% compared to the end of the previous year when calculated on a comparable basis, among which the balance of RMB loans issued to the real economy was 252.5 trillion yuan, an increase of 7.2%. The year-end balance of deposits in all financial institutions in both domestic and foreign currencies was 308.4 trillion yuan, an increase of 18.5 trillion yuan compared to the beginning of the year, among which the balance of RMB deposits was 302.3 trillion yuan, an increase of 18.0 trillion yuan. The balance of loans in all financial institutions in both domestic and foreign currencies was 259.6 trillion yuan, an increase of 17.3 trillion yuan, among which the balance of RMB loans was 255.7 trillion yuan, an increase of 18.1 trillion yuan. The balance of inclusive small and micro loans in RMB was 32.9 trillion yuan, an increase of 4.2 trillion yuan. The balance of agricultural loans in both domestic and foreign currencies was 51.4 trillion yuan, an increase of 4.7 trillion yuan; the balance of medium and long-term loans in the manufacturing industry was 14.0 trillion yuan, an increase of 1.6 trillion yuan; the balance of green loans was 36.6 trillion yuan, an increase of 6.5 trillion yuan
At the end of the year, the balance of RMB loans from major rural financial institutions (rural credit cooperatives, rural cooperative banks, rural commercial banks) was 31.5 trillion yuan, an increase of 2.1 trillion yuan compared to the beginning of the year. The balance of RMB consumer loans from all financial institutions was 58.7 trillion yuan, an increase of 0.7 trillion yuan. Among them, the balance of short-term consumer loans for households was 10.2 trillion yuan, a decrease of 0.2 trillion yuan; the balance of medium- and long-term consumer loans for households was 48.5 trillion yuan, an increase of 0.9 trillion yuan.
Throughout the year, the Shanghai and Shenzhen Stock Exchanges raised a total of 425.1 billion yuan through A-shares, a decrease of 648.4 billion yuan compared to the previous year. There were 77 A-shares listed through initial public offerings on the Shanghai and Shenzhen Stock Exchanges, raising 62.2 billion yuan, a decrease of 279.6 billion yuan compared to the previous year, including 15 stocks on the Sci-Tech Innovation Board, raising 15.2 billion yuan; the refinancing of A-shares on the Shanghai and Shenzhen Stock Exchanges (including public offerings, private placements, rights issues, preferred shares, and convertible bonds) was 362.9 billion yuan, a decrease of 368.8 billion yuan. The Beijing Stock Exchange had 23 publicly issued stocks, raising 4.8 billion yuan. Throughout the year, various entities raised 13.4 trillion yuan by issuing bonds (including corporate bonds, enterprise bonds, asset-backed securities, government bonds, and local government bonds) through the Shanghai and Shenzhen North Exchanges, among which 29 real estate investment trusts (REITs) in the infrastructure sector were listed on the Shanghai and Shenzhen Stock Exchanges, raising 65.5 billion yuan. There were 6,101 companies listed on the National Equities Exchange and Quotations, raising a total of 11.9 billion yuan throughout the year.
A total of 14.8 trillion yuan in corporate credit bonds were issued throughout the year, an increase of 1.0 trillion yuan compared to the previous year.
Insurance companies collected original insurance premium income of 56,963 billion yuan throughout the year, an increase of 5.7% compared to the previous year when adjusted for comparable standards. Among them, the original insurance premium income from life insurance business was 31,917 billion yuan, health insurance and accident insurance business was 10,715 billion yuan, and property insurance business was 14,331 billion yuan. Various claims and payments amounted to 23,005 billion yuan. Among them, life insurance payments were 8,747 billion yuan, health insurance and accident insurance claims and payments were 4,449 billion yuan, and property insurance claims were 9,810 billion yuan.
9. Resident Income Consumption and Social Security
Throughout the year, the per capita disposable income of residents nationwide was 41,314 yuan, an increase of 5.3% compared to the previous year, with a real increase of 5.1% after deducting price factors. The median per capita disposable income of residents nationwide was 34,707 yuan, an increase of 5.1%. By residence, the per capita disposable income of urban residents was 54,188 yuan, an increase of 4.6% compared to the previous year, with a real increase of 4.4% after deducting price factors. The median per capita disposable income of urban residents was 49,302 yuan, an increase of 4.6%. The per capita disposable income of rural residents was 23,119 yuan, an increase of 6.6% compared to the previous year, with a real increase of 6.3% after deducting price factors. The median per capita disposable income of rural residents was 19,605 yuan, an increase of 4.6%. The ratio of per capita disposable income between urban and rural residents was 2.34, a decrease of 0.05 compared to the previous year. According to the income distribution of residents nationwide divided into five groups, the per capita disposable income of the low-income group was 9,542 yuan, the lower-middle-income group was 21,608 yuan, the middle-income group was 33,925 yuan, and the upper-middle-income group was 53,359 yuan The per capita disposable income of the high-income group is 98,809 yuan. The average monthly income of migrant workers nationwide is 4,961 yuan, an increase of 3.8% compared to the previous year. The per capita disposable income of rural residents in poverty-stricken counties is 17,522 yuan, an increase of 6.9% compared to the previous year. After deducting price factors, the actual growth is 6.5%.
In the whole year, the per capita consumption expenditure of residents nationwide is 28,227 yuan, an increase of 5.3% compared to the previous year. After deducting price factors, the actual growth is 5.1%. Among them, per capita service consumption expenditure is 13,016 yuan, an increase of 7.4% compared to the previous year, accounting for 46.1% of the per capita consumption expenditure of residents. By residence, the per capita consumption expenditure of urban residents is 34,557 yuan, an increase of 4.7%, and after deducting price factors, the actual growth is 4.5%; the per capita consumption expenditure of rural residents is 19,280 yuan, an increase of 6.1%, and after deducting price factors, the actual growth is 5.8%. The Engel coefficient for residents nationwide is 29.8%, with 28.8% for urban areas and 32.3% for rural areas.
At the end of the year, the number of people participating in the basic pension insurance for urban employees nationwide is 53.449 million, an increase of 13.29 million compared to the end of the previous year. The number of people participating in the basic pension insurance for urban and rural residents is 53.830 million, a decrease of 6.92 million. The number of people participating in basic medical insurance is 132.638 million, of which 37.920 million participate in employee basic medical insurance, and 94.718 million participate in urban and rural resident basic medical insurance. The number of people participating in unemployment insurance is 24.589 million, an increase of 2.16 million. The number of people participating in work injury insurance is 30.398 million, an increase of 2.24 million. The number of people participating in maternity insurance is 25.298 million. At the end of the year, there are 6.25 million people nationwide receiving urban minimum living security, 33.62 million receiving rural minimum living security, 439,000 receiving assistance for rural special hardship personnel, and 7.72 million temporary assistance cases throughout the year. A total of 8.22 million veterans and other beneficiaries received national regular pension and living allowances throughout the year.
At the end of the year, there are 43,000 various civil service institutions providing accommodation, including 40,000 elderly care institutions and 1,045 child welfare and rescue protection institutions. There are 8.253 million civil service beds, including 7.991 million elderly care service beds and 97,000 beds in child welfare and rescue protection institutions.
10. Science and Technology and Education
In the whole year, the expenditure on research and experimental development (R&D) is 3,613 billion yuan, an increase of 8.3% compared to the previous year, accounting for 2.68% of GDP. Among them, the funding for basic research is 249.7 billion yuan, an increase of 10.5% compared to the previous year, accounting for 6.91% of R&D expenditure. The National Natural Science Foundation funded a total of 54,900 projects. By the end of the year, there are 206 national engineering research centers under the new sequence management, and 1,798 enterprise technology centers recognized by the National Development and Reform Commission. The National Science and Technology Achievement Transformation Guidance Fund has established a total of 36 sub-funds, with a total fund size of 62.4 billion yuan There are 1,606 national-level technology enterprise incubators and 2,376 nationally registered maker spaces. A total of 1,045,000 invention patents were granted throughout the year, an increase of 13.5% compared to the previous year. The number of PCT patent applications accepted was 75,000. By the end of the year, there were 5,689,000 valid invention patents, an increase of 14.0% compared to the end of the previous year. The number of high-value invention patents per 10,000 people is 14. A total of 4,781,000 trademark registrations were completed throughout the year, an increase of 9.1% compared to the previous year. A total of 990,000 technology contracts were signed, with a transaction amount of 68,354 billion yuan, an increase of 11.2% compared to the previous year. The proportion of citizens in our country with scientific literacy reached 15.37%.
A total of 68 space launches were completed throughout the year. The "Chang'e 6" successfully achieved the first human lunar far side sampling return mission, the first reusable return technology test satellite was successfully recovered, the number of pulsars discovered by China's FAST telescope exceeded 1,000, and the world's first high-precision lunar geological atlas was officially released. The plasma current of China's HL-3 exceeded 1.5 MA, successfully constructing a quantum simulator that surpasses classical computers for the first time, and a new generation of meteorological supercomputing systems was established. The first deep-sea drilling vessel "Dream" designed and built independently was delivered, and the new generation of medium-sized stealth multi-purpose fighter jets made their debut at the 15th Zhuhai Airshow.
By the end of the year, there were 874 national quality inspection centers nationwide. There are currently 1,230 product quality, system, and service certification institutions in the country, having completed certifications for 1.1 million enterprises. A total of 3,154 national standards were formulated and revised throughout the year, including 2,001 new standards. The product quality pass rate in the manufacturing industry was 93.93%.
A total of 1.357 million graduate students were enrolled, with 4.095 million graduate students currently studying and 1.084 million graduates. Ordinary and vocational undergraduate enrollment was 10.689 million, with 38.913 million students currently enrolled and 10.594 million graduates. Enrollment in secondary vocational education was 5.754 million, with 16.594 million students currently enrolled and 542,200 graduates. Ordinary high school enrollment was 10.362 million, with 29.223 million students currently enrolled and 8.910 million graduates. Junior high school enrollment was 18.488 million, with 53.862 million students currently enrolled and 1.698 million graduates. Ordinary primary school enrollment was 16.166 million, with 105.844 million students currently enrolled and 1.857 million graduates. Special education enrollment was 158,000, with 916,000 students currently enrolled and 177,000 graduates. There are 35.84 million children in preschool education. The consolidation rate of nine-year compulsory education is 95.9%, and the gross enrollment rate for high school is 92.0%.
, with an average of 8.39 books (volumes) per person. At the end of the year, there were 4,174 archives nationwide, with 25.238 million volumes (items) of various archives opened. The total operating income of cultural and related industry enterprises above designated size nationwide was 14,151 billion yuan, an increase of 6.0% compared to the previous year.
Throughout the year, there were 5.62 billion domestic tourist trips, an increase of 14.8% compared to the previous year. Among them, urban residents made 4.37 billion domestic trips, an increase of 16.3%; rural residents made 1.25 billion domestic trips, an increase of 9.9%. The total expenditure of domestic tourists was 5,754.3 billion yuan, an increase of 17.1%. Among them, urban residents spent 4,929.3 billion yuan on travel, an increase of 18.0%; rural residents spent 825 billion yuan, an increase of 12.2%. There were 131.9 million inbound tourists, an increase of 60.8%, including 26.94 million foreigners and 104.96 million compatriots from Hong Kong, Macau, and Taiwan. The total expenditure of inbound tourists was 94.2 billion US dollars, an increase of 77.8%. There were 20.12 million foreigners entering the country through visa-free entry, an increase of 112.3%. Mainland residents made 145.89 million outbound trips, of which 140.15 million were for personal reasons, and 97.12 million were to Hong Kong, Macau, and Taiwan.
At the end of the year, there were 1.092 million medical and health institutions nationwide, including 39,000 hospitals, of which 12,000 were public hospitals and 27,000 were private hospitals; there were 1.04 million grassroots medical and health institutions, including 33,000 township hospitals, 37,000 community health service centers (stations), 398,000 outpatient departments (offices), and 571,000 village clinics; there were 9,217 specialized public health institutions (excluding health supervision offices and centers), including 3,429 disease prevention and control centers. There were 12.95 million health technicians, including 5.05 million practicing physicians and practicing assistant physicians, and 5.84 million registered nurses. There were 10.37 million hospital beds in medical and health institutions, including 8.18 million in hospitals and 1.51 million in township hospitals The total number of medical visits for the year was 10.11 billion, with 310 million discharges.
By the end of the year, there were a total of 4.842 million sports venues nationwide, covering an area of 4.23 billion square meters, with an average area of 3.0 square meters per person. Throughout the year, Chinese athletes won 194 world championships in 33 events and set 19 world records. At the 33rd Olympic Games, Chinese athletes won a total of 40 gold medals and 91 medals, achieving the best performance in history for participating in the Olympics abroad, ranking 1st in the gold medal tally and 2nd in the overall medal tally. Chinese athletes with disabilities won 333 world championships in 45 international events. At the 17th Paralympic Games, Chinese athletes won a total of 94 gold medals and 220 medals, ranking 1st in both the gold medal tally and overall medal tally for six consecutive times.
12. Resources, Environment, and Emergency Management
The total supply of state-owned construction land nationwide for the year was 606,000 hectares, a decrease of 19.1% from the previous year. Among them, land for industrial and mining storage was 155,000 hectares, down 11.5%; land for real estate was 72,000 hectares, down 14.7%; and land for infrastructure was 380,000 hectares, down 22.5%.
The total water resource volume for the year was 30,010 billion cubic meters. The total water consumption was 592.5 billion cubic meters, an increase of 0.3% from the previous year. Among them, domestic water consumption increased by 1.9%, industrial water consumption decreased by 0.2%, agricultural water consumption decreased by 0.7%, and artificial ecological environment replenishment increased by 7.8%. The water consumption per 10,000 yuan of GDP was 46 cubic meters, a decrease of 4.4%. The water consumption per 10,000 yuan of industrial added value was 25 cubic meters, a decrease of 5.6%. The per capita water consumption was 421 cubic meters, an increase of 0.4%.
The area completed for afforestation throughout the year was 4.45 million hectares, of which the area for artificial afforestation was 1.18 million hectares, accounting for 26.6% of the total afforestation area. The area for grassland improvement was 3.22 million hectares. By the end of the year, there were 5 national parks. The newly added area for soil and water loss control throughout the year was 64,000 square kilometers.
Preliminary calculations show that the total energy consumption for the year was 5.96 billion tons of standard coal, an increase of 4.3% from the previous year. Coal consumption increased by 1.7%, crude oil consumption decreased by 1.2%, natural gas consumption increased by 7.3%, and electricity consumption increased by 6.8%. The proportion of coal consumption in total energy consumption was 53.2%, a decrease of 1.6 percentage points from the previous year; the proportion of clean energy consumption, including natural gas, hydropower, nuclear power, wind power, and solar power, was 28.6%, an increase of 2.2 percentage points. The comprehensive energy consumption per unit of calcium carbide in key energy-consuming industrial enterprises decreased by 0.8%, the comprehensive energy consumption per unit of synthetic ammonia decreased by 1.2%, the comprehensive energy consumption per ton of steel decreased by 0.1%, the comprehensive energy consumption per unit of electrolytic aluminum decreased by 0.2%, and the standard coal consumption per kilowatt-hour of thermal power generation decreased by 0.2%. Preliminary estimates show that after excluding energy consumption for raw materials and non-fossil energy consumption, the energy consumption per 10,000 yuan of GDP nationwide decreased by 3.8% from the previous year. The carbon emission quota trading volume in the national carbon emission rights trading market was 189 million tons, with a transaction value of 18.11 billion yuan
The area of coastal waters that met the national first and second class seawater quality standards reached 83.7% for the whole year, with class three seawater accounting for 4.1%, and class four and inferior class four seawater accounting for 12.2%.
Among the 339 cities at the prefecture level and above monitored, the annual average concentration of fine particulate matter (PM2.5) was 29.3 micrograms per cubic meter, a decrease of 2.7% compared to the previous year.
In the 326 cities where daytime monitoring of urban acoustic environment was conducted, the proportion of cities with good acoustic environment quality was 7.1%, those with relatively good quality accounted for 66.9%, general quality accounted for 25.5%, those with poor quality accounted for 0.6%, and there were no cities with very poor quality.
The average annual temperature was 10.90℃, an increase of 0.19℃ compared to the previous year. A total of 9 typhoons made landfall.
The area of crops affected by disasters throughout the year was 10.09 million hectares, of which 1.24 million hectares were completely lost. Direct economic losses caused by floods and geological disasters amounted to 263 billion yuan, losses due to drought amounted to 8.4 billion yuan, losses due to low temperature freezing and snow disasters amounted to 25.6 billion yuan, and losses due to marine disasters amounted to 10.9 billion yuan. A total of 25 earthquakes of magnitude 5.0 and above occurred, causing direct economic losses of 3.8 billion yuan. There were 292 forest fires, affecting an area of approximately 70,000 hectares of forest.
Throughout the year, various production safety accidents resulted in 19,626 deaths, a decrease of 7.6% compared to the previous year. The number of deaths from production safety accidents among 100,000 employees in industrial, mining, and commercial enterprises was 1.089, a decrease of 12.5% compared to the previous year; the death rate in coal mines was 0.059 per million tons, a decrease of 37.2%. The death rate from road traffic accidents was 1.31 per 10,000 vehicles, a decrease of 5.1%.
This article is compiled from the National Bureau of Statistics, edited by Zhitong Finance: Chen Wenfang.