Henan's GDP Stands at 5499.707 Billion Yuan in 2020
In 2020, Henan's GDP reached 5499.707 billion yuan, up by 1.3 percent year-on-year calculated at comparable price, according to the unified regional calculation of gross domestic product (GDP) released by Henan Statistics Bureau on January 22. Overall, the year 2020 witnessed the steady recovery of economy, the improvement of people's livelihood and the successful conclusion of the 13th Five-Year Plan in Henan.
Henan's total grain output reached a record high. After four consecutive years of stabilization at over 130 billion jin (half a kilogram), Henan's grain output exceeded 135 billion jin to 136.516 for the first time in 2020, a year-on-year increase of 1.9 percent.
Industrial production recovered gradually with the rapid development of high-tech manufacturing industry. In 2020, the added value of the industrial enterprises above the designated size in Henan increased by 0.4 percent year-on-year, 0.6 percentage points higher than that of the first three quarters, of which that of high-tech manufacturing industry rose by 8.9 percent, 8.5 percentage points higher than that of the industrial enterprises above the designated size. The production volume of such knowledge-intensive and high value-added products as intelligent manufacturing, electronic information and new energy increased at a rapid pace, while that of optoelectronic devices, sensors, engines and lithium-ion batteries produced by those industrial enterprises above the designated size reported a year-on-year growth of 89.2 percent, 73.3 percent, 40.3 percent and 32.7 percent respectively.
Fixed-asset investment picked up steadily with the fast growth of investment in newly-commenced projects. In 2020, Henan's fixed-asset investment (non-farmer households) increased by 4.3 percent, 0.7 percentage points higher than that of the first three quarters and 1.4 percentage points higher than the national average. Its investment in high-tech manufacturing industry reported a growth of 24.3 percent (20.0 percentage points higher than the total investment growth), of which that in pharmaceutical industry and electronic and communication device manufacturing increased by 36.5 percent and 21.7 percent respectively. In addition, Henan's investment in newly-commenced projects maintained fast growth last year with the completed investment increasing by 25.3 percent. Among them, the completed investment in newly-commenced 100-million-yuan projects saw an increase of 30.8 percent. The total investment in real estate development in Henan increased by 4.3 percent.
Consumer demand rose gradually with the growth of consumption-upgrade commodities at a rapid pace. In 2020, Henan's retail sales of consumer goods totaled 2,250.277 billion yuan with a decrease of 4.1 percent year-on-year, 2.9 percentage points narrower than the first three quarters. Among them, the retail sales of consumer goods by enterprises above the designated size turned from negative to positive in terms of growth rate, reporting an increase of 0.1 percent year-on-year to 594.933 billion yuan. The retail sales of consumption-upgrade commodities increased at a rapid pace. Besides, new-energy vehicles and household appliances with audio-video equipment also saw 20.8 percent and 10.0 percent in their respective retail sales. Last year, Henan's online retail sales grew by 23.7 percent, of which 29.2 percent were contributed by physical commodities.
The general level of consumer price index dropped. In 2020, Henan's consumer price index grew by 2.8 percent year-on-year, with 0.8 percentage points lower than that of the first three quarters.
居民消费价格涨幅回落。全年全省居民消费价格同比上涨2.8%，比前三季度回落0.8个百分点。（中文来源/河南日报 翻译/赵汉青 审校/穆念伟）