Taiyuan in North China's Shanxi province promoted the implementation of policy measures focused on improving quality and efficiency in the first four months of this year, resulting in positive economic growth.
Industrial added value above the designated size grew by 3.8 percent, with manufacturing increasing by 6 percent, mining decreasing by 1.5 percent, and electricity, heat, gas, and water production and supply rising by 6.4 percent.
Fixed asset investment grew by 2.7 percent, driven primarily by four key factors: industrial investment contributed 0.4 percentage points to the overall increase; urban infrastructure investment saw double-digit growth, boosting the total by 3.1 percentage points; private investment accounted for nearly half of the total investment and surging by almost 40 percent; and equipment purchase investment more than doubled, adding 10.7 percentage points to overall investment growth.
General public budget revenue totaled 15.93 billion yuan ($2.22 billion), a 3.7 percent increase, while expenditures amounted to 22.76 billion yuan, up 7.4 percent. The consumer price index (CPI) rose slightly by 0.1 percent, though this was 0.1 percentage points slower than in the previous quarter.