The income of Shaanxi residents increases rapidly

2019-11-01 15:49:49 , Source : Xinhua

According to the data from Bureau of statistics, it shows Shaanxi's GDP reached 1831.964 billion yuan in the first three quarters of this year, an increase of 5.8%.

Since this year, the economy of Shaanxi Province has pressure. The provincial government has responded positively, and has taken the initiative to introduce policies and measures to stabilize growth, promote investment and expand consumption, which has better curbed the downward trend of the economy.

Economic development is stable. First, the employment situation remains stable. In the first three quarters, 347800 new jobs were created in cities and towns of the province, 94% of the annual target task. In the third quarter, the registered urban unemployment rate was 3.21%, lower than the control target of 4.5%.

Second, the price level is basically stable. In the first three quarters, the average consumer price of the whole province rose by 2.5%, which was the same as that of the whole country and kept within the expected target of 3%.

Third, the income of residents increased rapidly. Since the beginning of this year, our province has successively issued and implemented a number of policies for the benefit of the people, such as new regulations on individual income tax, raising the minimum wage and labor union welfare standards. In the first three quarters, the per capita disposable income of urban and rural residents increased by 8.4% and 9.9% respectively.

Fourth, the three industries grew steadily. The overall agricultural production was stable, the industrial growth was accelerated, the construction industry continued to maintain double-digit growth, and the growth of the tertiary industry was good.

The economy has made steady progress. The specific performance is as follows: first, the overall economy has increased. In terms of the national situation, GDP growth in the first three quarters was 6.2%, 0.1% lower than that in the first half of the year, while that in our province was 0.4% higher than that in the first half of the year. Second, industrial production has increased. In the first three quarters, the added value of industries above designated size increased by 4.5% year on year, 1.2 percentage points higher than that in the first half of the year. In particular, the added value of the equipment manufacturing industry increased by 9.1% and the high-tech industry by 10.8%, both better than the average level of industrial growth. Third, economic restructuring has increased. In the first three quarters, the added value of the tertiary industry in the province accounted for 0.5% of GDP, up from the same period last year. Strategic emerging industries, which play a leading role in the long-term economic development, have sustained and healthy development, accounting for 10.6% of GDP, with a year-on-year growth of 8%, 2.2 percentage points higher than GDP growth.


There are worries about the stability of economic, and downward pressure still exists. The profitability of industrial enterprises is not optimistic and the three major demands remain depressed.

According to the Bureau of statistics, the economic development of Shaanxi Province is positive and the economy will maintain stable growth throughout the year.

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