On July 29, deputy secretary of the Hainan Provincial Party Committee and Governor Luo Baoming stated at the tenth (enlarged) meeting of the Fifth Committee of the Chinese Communist Party in Hainan Province that Hainan's economic performance in the first half of the year was generally good, but there were still some problems.
Luo Baoming said that in the first half of Hainan, there are two most prominent highlights of various economic indicators: First, under the tight macroeconomic situation, it continues to maintain a high level of investment intensity, and the growth rate of fixed asset investment in the province is higher than the national 8 Percentage points are of great significance to the current economic growth and the long-term development potential for Hainan’s savings.
Second, the increase in income of urban and rural residents has increased substantially. In the first half of the year, the per capita cash income of farmers in the province increased by 1,009 yuan, almost double the 531 yuan increase in the province last year. The per capita disposable income of urban residents increased by 1,548 yuan, which was more than doubled from the previous year's 743 yuan increase. These factors include rising prices, but mainly on the premise of accelerating economic development, Hainan's Huimin policy and income increase measures have played an important role.
At the same time, there are still some outstanding problems in the economic operation in the first half of this year. First, GDP growth has not reached the expected target of 13%. To complete the annual targets, Hainan is facing considerable pressure.
Secondly, the consumer price index (CPI) has risen by 6.6% (the country ranked second in the same period of last year, ranking fifth in the country in the first half of this year), and the task of price regulation is still very arduous.
Thirdly, affected by the national real estate control policy, the total sales area of ​​commercial housing in the first half of the year was 4,438,800 square meters. The decrease was 9.9% year-on-year; sales were 42.217 billion yuan, a year-on-year decrease of 5.3%, which directly affected the rapid decline of GDP growth in the first half of the year and growth of local general budget revenue.
Luo stressed the adverse effects of power shortage on Hainan economy may cause. He said that in the first half of the year, the province's electricity consumption increased by 15.9% year-on-year, and the maximum gap between electricity supply and demand was 300,000 kilowatts, which increased the difficulty of power guarantee and complete operation of the power grid. "If you don't win the national support for new power projects as soon as possible, and with the completion of large-scale industrial projects and tourism projects, especially in the second half of 2013, the power shortage will become a prominent bottleneck restricting Hainan's economic development." In the first half of the year, the gap between natural gas supply and demand reached 144 million cubic meters.
Due to the tightening of national monetary and credit policies, the difficulty of SME loans has increased, coupled with the increase in raw material prices and labor costs, which has exacerbated the difficulties of production and operation of some enterprises. Meanwhile, with accelerated development, weak social management, regulatory delays, absence management have become increasingly prominent, highlighting the problem of traffic congestion, illegal construction, food safety, market order, environmental sanitation, community management, security and other aspects of the production to be solved .
"All this requires us to conduct in-depth research and make great efforts to come up with effective and targeted measures. We must both stop the symptoms and cure the problem, and truly transform our achievements in construction into real comprehensive social benefits," said Luo Baoming.
Luo Baoming said that in the first half of Hainan, there are two most prominent highlights of various economic indicators: First, under the tight macroeconomic situation, it continues to maintain a high level of investment intensity, and the growth rate of fixed asset investment in the province is higher than the national 8 Percentage points are of great significance to the current economic growth and the long-term development potential for Hainan’s savings.
Second, the increase in income of urban and rural residents has increased substantially. In the first half of the year, the per capita cash income of farmers in the province increased by 1,009 yuan, almost double the 531 yuan increase in the province last year. The per capita disposable income of urban residents increased by 1,548 yuan, which was more than doubled from the previous year's 743 yuan increase. These factors include rising prices, but mainly on the premise of accelerating economic development, Hainan's Huimin policy and income increase measures have played an important role.
At the same time, there are still some outstanding problems in the economic operation in the first half of this year. First, GDP growth has not reached the expected target of 13%. To complete the annual targets, Hainan is facing considerable pressure.
Secondly, the consumer price index (CPI) has risen by 6.6% (the country ranked second in the same period of last year, ranking fifth in the country in the first half of this year), and the task of price regulation is still very arduous.
Thirdly, affected by the national real estate control policy, the total sales area of ​​commercial housing in the first half of the year was 4,438,800 square meters. The decrease was 9.9% year-on-year; sales were 42.217 billion yuan, a year-on-year decrease of 5.3%, which directly affected the rapid decline of GDP growth in the first half of the year and growth of local general budget revenue.
Luo stressed the adverse effects of power shortage on Hainan economy may cause. He said that in the first half of the year, the province's electricity consumption increased by 15.9% year-on-year, and the maximum gap between electricity supply and demand was 300,000 kilowatts, which increased the difficulty of power guarantee and complete operation of the power grid. "If you don't win the national support for new power projects as soon as possible, and with the completion of large-scale industrial projects and tourism projects, especially in the second half of 2013, the power shortage will become a prominent bottleneck restricting Hainan's economic development." In the first half of the year, the gap between natural gas supply and demand reached 144 million cubic meters.
Due to the tightening of national monetary and credit policies, the difficulty of SME loans has increased, coupled with the increase in raw material prices and labor costs, which has exacerbated the difficulties of production and operation of some enterprises. Meanwhile, with accelerated development, weak social management, regulatory delays, absence management have become increasingly prominent, highlighting the problem of traffic congestion, illegal construction, food safety, market order, environmental sanitation, community management, security and other aspects of the production to be solved .
"All this requires us to conduct in-depth research and make great efforts to come up with effective and targeted measures. We must both stop the symptoms and cure the problem, and truly transform our achievements in construction into real comprehensive social benefits," said Luo Baoming.
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