From January to May, Dongguan efficiently coordinated its Covid-19 response with economic and social development. It maintained stable growth, production and demand made a recovery, and the economy operated within an appropriate range.

Growth in industrial production slowed

In May, Dongguan's added value of industrial above designated size reached about 42.858 billion yuan, increased by 1.7 % year on year while the growth rate of 0.7 percentage points higher than in April.

During January-May, the added value of industrial above the designated size in the city reached 199.01 billion yuan, increased by 2.5%. Analysis of different types of industries showed that the value-added growth of the manufacturing industry went up by 2.4%, among which the computer, communication and electronic equipment manufacturing industry increased by 2.7%; the special equipment manufacturing industry increased by 6.1%.

Fixed-asset investment showed steady growth

In May, Dongguan's total investment in fixed assets increased by 5.4% year on year. From January to May, the added value of total investment in fixed assets increased by 6.1%. Industrial investment increased by 25.3%, which grew 19.2 percentage points faster than the city’s average.

Market sales made a recovery

In May, the city's total retail sales of consumer goods reached 32.79 billion yuan. January-May, total retail sales of consumer goods reached 171.37 billion yuan. The retail sales of upgraded goods witnessed fast growth, among which cosmetics increased by 37.1%, household appliances and audio-video equipment, as well as cultural and office supplies grew 24.7 % and 24.9%, sports and entertainment goods increased by 7.7%. Online retailing maintained rapid growth, and the total retail sales of enterprises above the designated size reached 20.08 billion yuan, an increase of 13.9%.