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Service Sector

source:ah.gov.cn author:Rain release date:2018/04/10 hits:753

Domestic Trade

In 2017, the total retail sales of consumer goods reached 1,119.26 billion yuan, a growth of 11.9 percent over the previous year, or a real growth of 10 percent after deducting price factors. An analysis on different areas showed that the retail sales of consumer goods in urban areas stood at 900.94 billion yuan, up by 11.7 percent and that in rural areas reached 218.32 billion yuan, up by 13 percent. Grouped by consumption patterns, the retail sales of commodities was 996.74 billion yuan, up by 11.8 percent, and that of catering industry was 122.52 billion yuan, up by 12.6 percent. The online retail sales of 369 enterprises above designated size engaged in online retail business which are taken into account reached 31.4 billion yuan, up by 39.4 percent.

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Of the total retail sales of commodities by enterprises above designated size, the year-on-year growth of sales for food, clothing and daily use was 14.4 percent, 9.6 percent and 11.7 percent, that for grain and oil 10.7 percent, for meat, poultry and eggs 12.9 percent, for clothes 10.9 percent, for daily necessities 12.5 percent, for traditional Chinese and western medicines 8.8 percent, for household appliances and audio-video equipment 13.6 percent, for furniture 23.1 percent, for telecommunication equipment 7.9 percent,  for building and decoration materials 9.9 percent, for motor vehicles 7.8 percent and for petroleum and petroleum products 17.1 percent.

Tourism

The year 2017 saw 5.492 million inbound visitors to Anhui, a year-on-year increase of 13.1 percent, of which, 3.21 million were foreigners, up by 13.4 percent; 2.282 million were Chinese compatriots from Hong Kong, Macao and Taiwan, up by 12.6 percent. The number of domestic tourists totaled 626 million, up by 25.6 percent. The revenue from tourism totaled 619.69 billion yuan, up by 25.6 percent. Of this total, foreign exchange earnings from tourism topped 2.88 billion US Dollars, up by 13.3 percent, and the revenue from domestic tourism totaled 600.24 billion yuan, up by 26 percent. By the end of 2017, there had been 566 tourists spots at Grade A level or above in Anhui. The tourist revenue earned by Wannan International Tourism and Culture Demonstration Zone totaled 325.24 billion yuan, up by 25.4 percent.
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Finance

The fiscal revenue totaled 485.8 billion yuan in 2017, up by 11.1 percent over the previous year. Of the total, local revenue was 281.2 billion yuan, up by 7.9 percent. Of the total fiscal revenue, tax revenue reached 394.9 billion yuan, increasing by 12.9 percent: value-added tax and business tax increased by 9.5 percent, enterprise income tax was up by 18.4 percent. Fiscal expenditures were 620.4 billion yuan, up by 12.3 percent, of which the expenditures for people’s livelihood were 528 billion yuan, accounting for 85.1 percent of the fiscal expenditures. In terms of major items of expenditure, the expenditures for social security and employment went up by 13.3 percent, for urban and rural community affairs up by 51.5 percent, for science and technology up by 0.4 percent, for education by 11.4 percent. A total of 94.06 billion yuan was invested in 33 livelihood projects.

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In 2017, the total financing reached 703.83 billion yuan, increasing by 75.5 billion yuan or up by 12 percent over 2016. Savings deposit in Renminbi in all items of financial institutions totaled 4,560.89 billion yuan at the end of 2017, an increase of 475.27 billion yuan or 11.6 percent. Of this total, the saving deposit of institutions was 1,420.22 billion yuan, up by 9.9 percent; household saving deposits 2,053.82 billion yuan, up by 8.9 percent. Loans in Renminbi in all items of financial institutions reached 3,448.12 billion yuan, an increase of 430.05 billion yuan or 14.3 percent over the previous year. Of this total, short-term loans stood at 991.35 billion yuan, up by 8.2 percent; medium and long-term loans 2,243.17 billion yuan, up by 21.5 percent, of which personal loans were 1,035.6 billion yuan, up by 24.3 percent.

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Funds raised in 2017 by enterprises through issuing stocks and share rights on stock market amounted to 53.96 billion yuan, a decrease of 49.62 billion yuan compared with the previous year. Of this total, 9 A-shares were issued, receiving 5 billion yuan worth of capital altogether; the refinancing of A-shares (including rationing shares, public newly issued, nonpublic newly issued and warrants) received 42.24 billion yuan; the listed companies financed 6.72 billion yuan through convertible bonds, bonds with attached warrants, corporate bonds and other bonds. By the end of 2017, there had been 102 listed companies in Anhui with the total market value of 1,350.42 billion yuan, up by 27.5 percent over the previous year.

 

In 2017, 58.19 billion yuan short-term financing bonds were issued.

 

The transaction volume of domestic security agents in Anhui amounted to 5,030.57 billion yuan, and that of time bargains was 15,310 billion yuan.

 

The premium received by the insurance companies totaled 110.72 billion yuan in 2017, up by 26.4 percent over the previous year. Of this total, property insurance premium amounted to 36.63 billion yuan, up by 17.1 percent, and life insurance premium 74.09 billion yuan, up by 31.5 percent. Insurance companies paid an indemnity worth of 39.77 billion yuan, up by 11.2 percent, of which, property insurance indemnity was 18.7 billion yuan, up by 6.8 percent, and life insurance indemnity 21.07 billion yuan, up by 15.5 percent.

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