Since 2025, the province has adhered to the new development concept and promoted high-quality development, resulting in a good start for the provincial economy. According to the unified accounting results, the provincial gross domestic product (GDP) reached RMB 318.202 billion in the first quarter, a year-on-year growth of 5.5%, which is 0.1 percentage point higher than the national average. Looking at the breakdown by industry, the value added of the primary industry was RMB 16.296 billion, a year-on-year growth of 4.6%; the value added of the secondary industry was RMB 94.72 billion, a year-on-year growth of 8.1%; the value added of the tertiary industry was RMB 207.186 billion, a year-on-year growth of 4.4%.

 

The production situation of agriculture, forestry, animal husbandry, and fishery is favorable. In the first quarter, the value added of agriculture, forestry, animal husbandry, and fishery in the province reached RMB 16.517 billion, a year-on-year growth of 4.6%. Among them, the planting industry, forestry industry, animal husbandry industry, and fishery industry grew by 5.7%, 9.9%, 4.4%, and 6.3% respectively compared to the same period last year. In the first quarter, the number of cattle slaughtered increased by 8.8% compared to the same period last year; the number of sheep and poultry slaughtered increased by 9.5% and 1.4% respectively.

 

The industry achieved rapid growth. In the first quarter, the value added of industrial enterprises above designated size in the province increased by 9.3% year-on-year, accelerating by 7.2 percentage points compared to the annual growth rate of the previous year.  Among them, the equipment manufacturing industry experienced rapid development with a year-on-year increase in value added of 27.1%. In terms of production volume, 170 high-speed trains were manufactured in the first quarter, a year-on-year increase of 93.2%; 146 urban rail vehicles were produced, a year-on-year increase of 69.8%.

 

The growth rate of the construction industry has improved. In the first quarter, the total output value of the construction industry in the province reached RMB 13.509 billion, a year-on-year growth of 4.7%, accelerating by 4.4 percentage points compared to the annual growth rate of the previous year. The sales area of newly constructed commercial residential buildings in the province was 1.6395 million square meters, a year-on-year decrease of 5.0%, narrowing the decline by 11.4 percentage points compared to the months of January and February.

 

The service industry maintained steady growth. In the first quarter, the value added of the service industry in the province increased by 4.4% year-on-year, accounting for 65.1% of the province's gross domestic product (GDP). In terms of specific sectors, the value added of wholesale and retail trade increased by 4.3% year-on-year, while the value added of transportation, storage, and postal services increased by 4.6%. The value added of accommodation and catering services increased by 2.9%, the value added of the financial industry increased by 0.5%, and the value added of the real estate industry increased by 1.9%.

 

The project construction was progressing in an orderly manner. In the first quarter, the province's fixed asset investment increased by 13.8% year-on-year, accelerating by 13.1 percentage points compared to the annual growth rate of the previous year. In terms of industries, investment in the primary industry increased by 69.6% year-on-year, investment in the secondary industry increased by 21.7%, and investment in the tertiary industry decreased by 0.3%.

 

The consumer goods market continued to develop. In the first quarter, the province's total retail sales of consumer goods reached RMB 108.84 billion, a year-on-year growth of 4.8%; among them, the total retail sales of consumer goods above the designated size reached RMB 44.893 billion, a year-on-year growth of 6.1%.