Chapter 981: Annual Summary

The just-passed year was an unsettled year, and also a year of development.

The state of the national economy this year:

The total output value of industry and agriculture was 253.4 billion yuan, an increase of 17.3 percent over last year.

Of this, the total output value of agriculture was 91 billion yuan, an increase of 8.6 percent over last year; the total output value of industry was 162.4 billion yuan, an increase of 20.9 percent over last year (all figures calculated at 1957 constant prices).

Output of industrial and agricultural products:

Grain: 214 million tons, an increase of 10 percent over last year;

Cotton: 2.337 million tons, an increase of 11.6 percent over last year;

Steel: 15.32 million tons, an increase of 25.3 percent over last year;

Raw coal: 252 million tons, an increase of 8.6 percent over last year;

Crude oil: 14.55 million tons, an increase of 28.6 percent over last year;

Natural gas: 1.34 billion cubic meters, an increase of 21.8 percent over last year;

Electricity generation: 82.5 billion kilowatt-hours, an increase of 22 percent over last year;

Railway freight volume: 549 million tons, an increase of 11.9 percent over last year.

Total investment in basic construction: 20.942 billion yuan, an increase of 16.6 percent over last year.

Total retail sales of social commodities: 73.28 billion yuan, an increase of 9.3 percent over last year.

Total import and export trade: 12.71 billion yuan, an increase of 7.3 percent over last year.

Total fiscal revenue: 55.87 billion yuan; total expenditure: 54.16 billion yuan; revenue exceeded expenditure by 1.71 billion yuan.