The reporter learned from the Jingzhou Municipal Bureau of Statistics that after preliminary accounting, the regional GDP of Jingzhou City was RMB 58.276 billion in the first quarter, a year-on-year increase of 7.8% based on comparable prices, ranking 2nd in Hubei province.

The first-quarter report shows that Jingzhou's economy was running steadily, its market vitality constantly improving, and its high-quality development momentum significantly enhanced, thus getting off to a good start in this quarter.

The endogenous power was constantly increasing. Investment in fixed assets increased by 21.0% year on year, ranking 4th in the province. Industrial investment increased by 51.3% year on year, ranking 2nd in the province, accounting for 39.4% of the total, an increase of 7.9 percentage points compared with the same period last year. The added value of high-tech industries increased by 14.5% year on year. The added value of digital economy in industries above designated size increased by 10.4% year on year.

The key industries were improving steadily. The added value of industries enterprises above designated size increased by 14.7% year on year, ranking 4th in the province, and that of industrial enterprises below designated size increased by 10.5% year on year. Among the 36 major industries, 33 industries achieved positive growth in added value, covering 91.7% of the total number.

The vitality of the market was released at a faster pace, and online consumption was more vibrant. Jingzhou's government service environment was continuously optimized to ensure the increase of market entities. There are a total of 477,200 market entities in the city, with a year-on-year increase of 17.8%, of which 36,000 are newly registered, a year-on-year increase of 215.5%. In the first quarter, the city's total retail sales of social consumer goods was RMB 37.667 billion, a year-on-year increase of 8.0%.

The level of opening up was further enhanced. According to relevant data, in the first quarter, the city's total foreign trade exports was RMB 4.13 billion, a year-on-year increase of 35.3%, of which the total export value was RMB 3.56 billion, a year-on-year increase of 34.3%. The city's actual use of foreign capital was USD 189.92 million, a year-on-year increase of 30.0%. Foreign capital and foreign trade maintained rapid growth.