Zhumadian's 2025 Total Retail Sales of Consumer Goods Grow 6.1% Year-on-Year

Deep News02-03 20:12

According to the unified regional GDP accounting results, the city's gross domestic product (GDP) reached 350.164 billion yuan in 2025, representing a year-on-year increase of 6.0% calculated at constant prices.

Recently, the Zhumadian Municipal Bureau of Statistics released the "Overview of Zhumadian's Major Economic Indicators for 2025." Based on the unified regional GDP accounting results, the city's GDP for 2025 was 350.164 billion yuan, marking a 6.0% year-on-year growth when calculated using constant prices. By sector, the value-added of the primary industry was 54.128 billion yuan, up 3.2%; the secondary industry's value-added reached 112.454 billion yuan, growing 5.4%; and the tertiary industry's value-added amounted to 183.581 billion yuan, increasing by 7.4%. The city's total retail sales of consumer goods rose 6.1% compared to the previous year.

The year 2025, being the final year of the "14th Five-Year Plan," saw the city concentrate on economic development as its central task. It focused on the "1+2+4+N" target task system and anchored its efforts towards the "593460" direction. Continuous advancements were made in building a modern industrial system, expanding domestic demand, urban development, rural revitalization, livelihood security, and maintaining safety and stability. These efforts propelled economic and social development to new heights and achieved breakthroughs, resulting in an outstanding report card of steady economic and social progress.

Data from the "Overview of Zhumadian's Major Economic Indicators for 2025" shows that from January to December 2025, the value-added of industrial enterprises above designated size in the city increased by 8.2% year-on-year. This growth rate was 2.3 percentage points higher than the national average and ranked the city 6th (tied) in the province. Specifically, the value-added of the city's high-tech industries and high-technology industries grew by 9.6% and 20.1%, respectively. The value-added of industrial enterprises below designated size increased by 6.9% year-on-year, securing the 2nd position provincially. Industrial electricity consumption reached 6.986 billion kWh, a 3.89% year-on-year increase, ranking 4th in the province.

In 2025, leveraging its existing industrial foundation, the city actively seized opportunities presented by the new wave of technological revolution and industrial transformation. It vigorously promoted the development of emerging industries such as electronic information, new energy, and new materials. Adhering to a development philosophy of "focusing on leading enterprises, strengthening industrial chains, and fostering industrial clusters," the city planned and constructed 23 specialized industrial parks, including the Penghui Lithium Battery Industrial Park and the Semiconductor Intelligent Manufacturing Industrial Park. It successfully attracted and nurtured a group of representative enterprises and products, such as Penghui Power's lithium batteries and Zhongqiao Semiconductor's integrated circuits, forming a collaboratively developed electronic information industrial cluster.

Figures from the "Overview of Zhumadian's Major Economic Indicators for 2025" indicate that the city's fixed-asset investment increased by 4.3% year-on-year in 2025. Within this, industrial investment grew by 6.9% year-on-year. A series of policy documents were successively introduced, including the "2025 Zhumadian City Consumption Promotion Activity Plan," the "Electronic Consumption Voucher Distribution Implementation Plan," and the "Detailed Rules for Home 'Renewal' Subsidy Activities." Employing a dual-drive approach of "policy + activities," these initiatives focused on major consumer spending and essential livelihood consumption areas of public concern. They prioritized three major campaigns: consumer goods replacement, electronic consumption voucher distribution, and automobile exhibitions and sales, aiming to upgrade commodity consumption and actively cultivate new consumer forces.

Data from the "Overview of Zhumadian's Major Economic Indicators for 2025" shows that the city's total retail sales of consumer goods grew by 6.1% year-on-year in 2025.

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