On January 31, the Nanjing Bureau of Statistics and the Nanjing Survey team of the National Bureau of Statistics announced the economic operation of Nanjing in 2023.
According to the unified accounting results of the regional GDP, the regional GDP of Nanjing in 2023 will be 1,742.140 billion yuan, calculated at constant prices, an increase of 4.6% over the previous year. The value added of the primary industry was 31.775 billion yuan, up by 1.7 percent; The added value of the secondary industry was 592.9 billion yuan, up by 2.8%; The added value of the tertiary industry was 1,117.465 billion yuan, up by 5.6%. The added value structure of the three industries is 1.8:34.0:64.2.
In the first three quarters of 2023, the regional GDP of Nanjing reached 1,270.375 billion yuan, an increase of 4.5% year-on-year.
In 2023, the city’s industrial added value above designated size increased by 3.6% year-on-year, an increase of 1.2 percentage points over 2022. Mining grew 1.8 per cent, manufacturing 3.4 per cent and electricity, heat, gas and water production and supply 7.5 per cent. Among the 37 industrial categories listed, the output value growth of 18 industries rebounded from the previous three quarters, and the recovery surface reached 48.6%. Among the top ten industries in terms of output value, the output value of electrical machinery and equipment manufacturing and special equipment manufacturing increased by 10.6% and 7.5%, respectively, and the growth rate of computer communications and other electronic equipment manufacturing, oil, coal and other fuel processing industries increased by 0.3 percentage points compared with the previous three quarters. High-tech products showed good growth, with the output of integrated circuits, industrial robots and new energy vehicles up 61.6%, 27.6% and 7.2%, respectively.
In 2023, the total retail sales of social consumer goods in the city reached 820.07 billion yuan, an increase of 4.7% over the same period last year, and an increase of 5.5 percentage points over 2022. Among them, the total retail sales of consumer goods above designated size reached 482.639 billion yuan, up by 1.7% year-on-year. In terms of commodity categories, automobile consumption demand was effectively released, and the retail sales of limited new energy vehicles increased by 10.8%, driving the growth of limited social zero by 0.7 percentage points; Investment commodities grew faster, and the retail sales of gold, silver and jewelry increased by 17.0%, driving the growth of retail sales by 0.5 percentage points. With the comprehensive normal operation of the economy and society, the cultural and tourism market continued to be hot, the city’s contact consumption significantly recovered, and the income of limited catering increased by 20.5% year-on-year, driving the zero growth of limited social media by 1.3 percentage points.
In 2023, the city completed 576.364 billion yuan of fixed asset investment, down 1.9% year-on-year. By sector, industrial investment increased by 1.5%, and investment in real estate development decreased by 0.2%. The investment structure continued to improve, with manufacturing investment growing by 9.0% year-on-year, 10.9 percentage points higher than total fixed asset investment. Among them, investment in the automobile manufacturing industry increased by 49.9 percent, electrical machinery and equipment manufacturing increased by 38.6 percent, and pharmaceutical manufacturing increased by 15.3 percent.
In 2023, the city achieved a total import and export volume of 565.994 billion yuan, down 9.3% year-on-year. Among them, the total export value was 333.312 billion yuan, down by 11.8%; Imports totaled 232.682 billion yuan, down 5.6%. The export structure continued to optimize, the proportion of trade to emerging markets continued to increase, and the export of new energy vehicles, lithium-ion batteries, solar cells and other “new three” increased by 21.2%. In 2023, the city’s actual use of foreign capital of 4.94 billion US dollars, an increase of 1.9%.
In 2023, the per capita disposable income of all residents will be 72,112 yuan, an increase of 4.5 percent year on year. By permanent residence, the per capita disposable income of urban residents was 79,858 yuan, up by 4.2%; The per capita disposable income of rural residents was 36,789 yuan, up by 6.1 percent. The per capita disposable income ratio of urban and rural residents narrowed from 2.21:1 in the previous year to 2.17:1, narrowing the urban-rural income gap for 11 consecutive years.