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The economy of Shenyang continues to improve
Source: Shenyang WeChat Official Account 2023-05-31

On May 29,Shenyang Statistics Bureau announced the city's economic operation from January to April:since the beginning of this year,the city's economic operation has continued the development trend of stabilizing, rebounding, and improving.

▶Industrial production maintained rapid growth. From January to April, the added value of industries above designated size in the city increased by 16.3% year on year.

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▶ Fixed assets investment continued to rise. From January to April, the city's fixed assets investment increased by 4.3% year on year, with 1.6 percentage points higher than that of the data from January to March.

▶ The recovery of the domestic market was accelerated. From January to April, the retail sales of social consumer goods above designated size in the city reached CNY 55.52 billion, with a year-on-year increase of 12.1% and an increase of 6.7 percentage points from January to March. From January to April, the total import and export volume of the city was CNY 43.37 billion, with a year-on-year increase of 0.04%.

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▶ The fiscal revenue grew steadily. From January to April, the general public budget revenue of the city was CNY 30.53 billion, with an increase of 8.4% year-on-year. The general public budget expenditure of the city was CNY 35.96 billion, with a year-on-year increase of 5.3%.

▶ The electricity consumption increased steadily and the freight volume grew rapidly. From January to April, the total social electricity consumption in the city was 14.18 billion kilowatt hours, with a year-on-year increase of 6.3%. From January to April, the total cargo transportation volume in the city was 57.256 million tons, with a year-on-year increase of 21.5%.

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▶ The Price level remained stable, and consumer price index rose moderately. From January to April, the consumer price index of the whole city rose 0.7% over the same period of the previous year, with 0.6 percentage points less than the same period of the previous year.