The reporter learned from Fujian Provincial Bureau of Statistics that, according to local GDP unified accounting, in the first quarter of 2021 (Q1 2021), Fujian's GDP reached RMB 1,075.06 billion, up 17.9％ year-on-year (YoY). Compared with Q1 2019, the average GDP growth rate of Q1 2020 and Q1 2021 stood at 5.7%. 

By sector, The primary sector recorded RMB 47.888 billion in value added, an increase of 3.4% YoY, or a 2-year average growth rate of 2.8%; 

The secondary sector recorded RMB 485.214 billion in value added, an increase of 21.1% YoY, or a 2-year average growth rate of 5.1%; 

The tertiary sector recorded RMB 541.958 billion in value added, an increase of 16.5% YoY, or a 2-year average growth rate of 6.9%. 

Agricultural production grew steadily. In Q1 2021, the province's gross output value of farming, forestry, animal husbandry and fishery (FFAF) amounted to RMB 90.674 billion, up 4.2% and 7.1% from Q1 2020 and Q1 2019 respectively, including an increase of 2.7% in farming, 3.0% in forestry, 6.6% in animal husbandry, and 3.0% in fishery. The gross output value of FFAF services grew by 4.2%. The production of major agricultural products including vegetables, fruit, meat, eggs and dairy all maintained growth. 

The Livable and Pro-business Binhai New City in Fuzhou

Industrial production continued to recover. In Q1 2021, the province's value added of industrial enterprises above the designated size increased by 22.7% YoY. Compared with Q1 2019, the growth rate of Q1 2021 and Q1 2020 combined was 14.4%, averaged at 6.9%. The value added of equipment manufacturing and high-tech manufacturing increased by 29.0% and 40.2% YoY respectively. In particular, there were rapid growths in such products as new energy vehicles, industrial robots, discrete semiconductor devices, and integrated circuits (ICs). By industry, approximately 90% of industries achieved growths YoY, while more than 20% of industries recorded doubled profits. 

Jiangbin Road, Quanzhou 

The services sector went well. In Q1 2021, the province's value added of the services sector climbed by 16.5% YoY. Compared with Q1 2019, the growth rate of Q1 2021 and Q1 2020 combined was 14.2%, averaged at 6.9%. Specifically, the producer and life services sub-sector showed a good growth momentum. Above-scale road transport services, Internet and related services, leasing and business services, sci-tech research and technical services, and scenic spot management services revenues grew by 64.1%, 47.9%, 77.3%, 75.6% and 78.5% respectively YoY. 

In terms of investment, in Q1 2021, the province's investment in fixed assets rose by 30.5% YoY, presenting a steady recovery trend. Compared with Q1 2019, the growth rate of Q1 2021 and Q1 2020 combined was 8.4%, averaged at 4.1%. By sector, the investment in infrastructure increased by 30.9% YoY, or a 2-year average growth rate of 1.6%; the investment in manufacturing recorded an increase of 35.3% YoY, or a 2-year average growth rate at 5.4%; and the investment in real estate development grew by 29.5% YoY, or a 2-year average growth rate at 6.0%. It is worth noting that, in Q1 2021, the investment in high-tech industries grew significantly, posting an increase of 83.4% YoY, or a 2-year average growth rate of 14.4%; and the investment in high-tech manufacturing increased by 102.7% YoY, or a 2-year average growth rate at 19.0%. The investment in health and education increased 24.6% and 9.8% respectively YoY, contributing to the sustained high level of investment in social sectors. 

In addition, in Q1 2021, Fujian's total general public budget revenue hit RMB 171.72 billion, up 29.2% YoY or an increase of 39.9 percentage points over that of Q1 2020; the accumulative number of new urban jobs totaled 137,500, an increase of 65,700 or 47.8% YoY; and the total retail sales of consumer goods recorded RMB 515.574 billion, up 26.3% YoY, with the growth rate of Q1 2021 and Q1 2020 combined being 10.5%, averaged at 5.1%, compared with Q1 2019.

Source：Fujian Daily