Hubei Food Industry's Main Revenue Breaks 300 Billion

From the end of the year to the end of the year, how is the overall economic performance of the province? On the 4th, the Provincial Economic and Information Technology Commission released an analysis report. From January to October, the province's main industrial enterprise revenue was close to 2.5 trillion yuan, and profits and taxes both exceeded 100 billion yuan, of which the food industry exceeded the automobile for the first time and became a province. The first major industry.

The income from the main food industry broke through 300 billion to 1-10 months, and the province's above-scale industries realized main business income of 2,470.78 billion yuan, a year-on-year increase of 3444.7%, an increase of 16.2%, faster than the national 5.9 percentage points. Among the pillar industries, the food industry has expanded the fastest, reaching 3,603 million yuan, which surpasses that of automobiles and has become the province's largest industry.

According to the person in charge of the Provincial Economic and Credit Commission, in recent years, food enterprises in our province have seized the opportunity to expand domestic demand and develop specialty products, and the average annual growth rate has remained above 30%. In recent years, the scale of the food industry has surpassed steel and petrochemical companies one after another. This year it has surpassed the automotive industry (29.35 billion yuan) and has taken the top spot in the top 100 billion industry.

In addition, the country’s policy of expanding domestic demand and promotional fees has gradually emerged. In addition to the rapid growth of the food industry, which includes agricultural and sideline products, the consumer goods industry such as textiles and pharmaceuticals has maintained a good momentum.

According to analysis by the Provincial Economic and Information Technology Commission, it is expected that the main business income of above-scale industries will exceed 3 trillion yuan this year, an increase of over 15%. The food industry will be the first to exceed 400 billion yuan this year, and the main revenues of the automobile, petrochemical, and steel industries will be around 370 billion, 3.6 billion, and 300 billion yuan.

The cost of RMB 100 per 100 yuan of income was saved. However, the Provincial Economic and Cultural Commission reminded that the foundation for economic recovery is still fragile and the pressure for a slowdown in efficiency has not been fundamentally alleviated.

It is more prominent that the production costs are still facing higher rigid upward pressure. As institutional dividends and demographic dividends are declining, low-cost competitive advantages are being lost, and long-term supply factors such as labor, capital, energy, and land are further tightening.

In terms of employment, from January to October, the total wages of employees in industrial enterprises in the province reached 8.7 billion yuan, a year-on-year increase of 21.7 percent; in terms of capital, the enterprises' "financing difficulties" and "expensive financing" have not improved, and the province's industrial enterprises' financial expenses and interest Expenditure reached 34.9 billion, 30.61 billion yuan respectively, an increase of 33.2%, 24% year-on-year; energy, with the further advancement of resource price reforms such as electricity, coal, oil, gas, etc., the high cost of production materials accelerated advent.

From January to October, the main business cost of the province's industry was 2.1006 trillion yuan, an increase of 15.8% year-on-year, accounting for 85% of the province's main industrial revenue. In other words, for every 100 yuan of income earned by an industrial company, the total cost will be 85 yuan, plus taxes and fees, and the industrial profit rate will be only 4.7%.