In 2020, The Total Output Value Of XPCC Will Increase By 4.5% Year On Year, And The Total Cotton Production Will Reach A Record High

On July 7, the Information Office of XPCC held a press conference on the economic operation of XPCC in 2020, announcing that: last year, the economic operation of XPCC was in a good situation of "rising quarter by quarter and improving continuously", and the completion of the whole year was better than expected; the gross output value of the whole year was 290.514 billion yuan, an increase of 4.5% over the previous year in terms of comparable prices.

According to Li wanmao, Secretary of the Party group and director of the Statistics Bureau of XPCC, in 2020, the agricultural production of XPCC will be good, and the output of grain and cotton will "double increase". The total agricultural output value reached 149.446 billion yuan, an increase of 6.4% over the previous year. The total grain output was 2414400 tons, the highest in recent four years. The total cotton output was 2.341 million tons, a record high, accounting for 36.1% of the whole country and 41.3% of the autonomous region.

The speed of industrial production and the rapid growth of emerging industries. The added value of industries above designated size increased by 7.7% over the previous year, the highest growth rate in nearly four years. The added value of strategic emerging industries above designated size increased by 24.1% over the previous year, 16.4 percentage points faster than that of industries above Designated Size, accounting for 8.6% of the added value of industries above designated size.

The real economy has been growing steadily, and the efficiency of industrial enterprises has risen significantly. 34906 new market entities were added throughout the year. The total profits of Industrial Enterprises above Designated Size reached 13.643 billion yuan, an increase of 56.9% over the previous year. Investment in fixed assets increased by 22.4% over the previous year, the highest growth rate in nearly seven years, and private investment increased by 23.6%.

The per capita disposable income of BINGTUAN residents was 34435 yuan, an increase of 3.1% over the previous year, and an actual increase of 1.6% after deducting price factors. Among them, the per capita disposable income of company residents was 24516 yuan, an increase of 11.5% over the previous year, and an actual increase of 9.3% after deducting price factors.