On April 22, the Guangdong Provincial Bureau of Statistics released data showing that according to the unified accounting results of regional gross domestic product, Guangdong achieved a regional gross domestic product of 3352.551 billion yuan in the first quarter, a year-on-year increase of 4.1% at constant prices, and a growth rate 0.6 percentage points higher than the whole year of the previous year. Among them, the added value of the primary industry was 93.445 billion yuan, an increase of 3.3%; The added value of the secondary industry was 1200.253 billion yuan, an increase of 3.7%; The added value of the tertiary industry was 2.0588 trillion yuan, an increase of 4.3%. The economy of the whole province continues to rebound and improve, with steady progress and improvement in operation. The agricultural production situation is good, and the supply of important agricultural products is stable. In the first quarter, the added value of agriculture, forestry, animal husbandry, and fishery in the province increased by 3.8% year-on-year, with a growth rate 0.1 percentage points higher than the whole year of the previous year. Vegetable and edible mushroom production increased by 3.2%, garden fruit production increased by 3.9%, and tea production increased by 6.0%. Pork production decreased by 0.8%, poultry production decreased by 6.5%, and poultry egg production increased by 3.2%. At the end of the first quarter, the inventory of live pigs increased by 9.8%, and the output of live pigs increased by 0.4%; Poultry inventory increased by 2.6%, while poultry output decreased by 4.8%. Industrial production is steadily expanding, and the growth of new energy industries is good. In the first quarter, the added value of industrial enterprises above designated size in the province increased by 3.9% year-on-year, with a growth rate 1.1 percentage points faster than in January and February, and a growth rate of 5.5% in March. By category, the added value of the mining industry decreased by 3.3%, while the manufacturing industry grew by 4.4%. The production and supply of electricity, heat, gas, and water remained unchanged year-on-year. Key industries have strong support, with the added value of computer, communication, and other electronic equipment manufacturing increasing by 6.6%, electrical machinery and equipment manufacturing increasing by 8.4%, automobile manufacturing increasing by 12.5%, petroleum, coal, and other fuel processing industries increasing by 8.5%, and general equipment manufacturing increasing by 11.0%. The growth of the new energy industry is good, with the added value of advanced manufacturing and high-tech manufacturing increasing by 5.9% and 5.3% respectively, which is 2.0 and 1.4 percentage points higher than the growth rate of industries above designated size. The production of high-tech products has grown rapidly, with the production of new energy vehicles, lithium-ion batteries for energy storage, industrial robots, and service robots increasing by 29.9%, 83.5%, 31.3%, and 10.8% respectively. The service industry has rebounded and improved, with the service industry above designated size growing rapidly in the first quarter. The added value of the service industry in the province increased by 4.3% year-on-year, with a growth rate 1.5 percentage points faster than the whole year of last year. Among them, the information transmission, software and information technology service industry, transportation, warehousing and postal industry, and financial industry grew by 7.4%, 7.1%, and 6.1% respectively, which were 3.1, 2.8, and 1.8 percentage points higher than the growth rate of the entire service industry. In January and February, the operating income of service industry enterprises above designated size increased by 7.5%. Among them, the transportation, warehousing and postal industry, information transmission, software and information technology services industry, leasing and business services industry, and cultural, sports and entertainment industry increased by 10.8%, 7.7%, 9.9%, and 13.7% respectively. In the first quarter, the freight volume and cargo turnover increased by 0.9% and 4.2% respectively year-on-year, with civil aviation freight volume and cargo turnover increasing by 9.6% and 10.4% respectively; The port cargo throughput decreased by 0.4%, while the port container throughput increased by 9.8%; Passenger volume and passenger turnover increased by 2.7% and 5.0% respectively, with high-speed railway passenger volume and passenger turnover increasing by 7.4% and 5.2% respectively. The investment structure continued to be optimized. The growth rate of infrastructure investment accelerated in the first quarter. fixed assets investment in the province decreased by 6.2% year on year, 2.2 percentage points lower than that in January and February. The "dual" construction projects are accelerating, with infrastructure investment increasing by 3.9% and growth rate accelerating by 3.1 percentage points. Among them, investment in railway transportation, electricity and heat production, and supply industry increased by 11.0% and 8.9% respectively. Industrial investment accounted for 38.0%, with investment in the automotive manufacturing industry growing by 41.0%; Industrial transformation and upgrading are steadily advancing, with investment in industrial technological transformation increasing by 7.6%, of which investment in manufacturing technological transformation increased by 7.5%. Real estate development investment decreased by 15.2%, and the sales area of newly-built commercial housing decreased by 9.4%, with a decrease of 3.0 and 12.4 percentage points respectively compared to the whole year of the previous year. The market sales growth rate has accelerated, and the sales of goods related to the trade in program have grown rapidly. In the first quarter, the total retail sales of consumer goods in the province increased by 2.5% year-on-year, with a growth rate 1.5 percentage points faster than that of January and February, and a growth rate of 5.8% in March. According to the location of the operating unit, the retail sales of consumer goods in urban markets increased by 2.7%, and the retail sales of consumer goods in rural markets increased by 0.5%. By consumption type, retail sales of goods increased by 2.6%, and catering revenue increased by 1.9%. Sales of some upgraded and basic daily necessities have improved, with growth of 11.8%, 36.0%, and 8.7% respectively in the categories of grain, oil, and food above designated size, sports and entertainment products, and daily necessities. The retail sales of goods related to trade in have grown rapidly, with household appliances and audiovisual equipment, cultural and office supplies, furniture, and communication equipment for units above designated size increasing by 29.1%, 40.0%, 42.2%, and 17.7% respectively; The retail sales of new energy vehicles increased by 8.6%. Online consumption continues to unleash its potential, with units above designated size achieving a 16.3% increase in retail sales through public networks, with a year-on-year growth of 31.9% in March, the highest growth rate since 2022. The consumer price index (CPI) for residents has remained relatively stable, with industrial producer prices decreasing in the first quarter. The CPI for residents in the province has decreased by 0.4% year-on-year. In March, CPI decreased by 0.5% year-on-year, narrowing the decline by 0.6 percentage points compared to the previous month. In the first quarter, the Producer Price Index (PPI) for industrial producers decreased by 1.0% year-on-year, and the Purchasing Price Index (IPI) for industrial producers decreased by 2.0%. In March, PPI and IPI decreased by 1.3% and 2.2% respectively. Resident income has steadily increased, with rural residents' income growing faster than urban residents in the first quarter. The per capita disposable income of residents in the province was 15421 yuan, a nominal increase of 4.8% year-on-year, and an actual increase of 5.2% after deducting price factors. Divided by permanent residence, the per capita disposable income of urban residents was 18467 yuan, a nominal increase of 4.3% year-on-year, and an actual increase of 4.5% after deducting price factors; The per capita disposable income of rural residents was 8021 yuan, a nominal increase of 6.1% year-on-year, and an actual increase of 7.1% after deducting price factors. (New Society)