On April 16, the "report card" of China's economy in the first quarter of 2024 was announced, and a reporter from China Economic Times interviewed think tank scholars to analyze economic performance, circle economic highlights, analyze development characteristics, and look at the positive changes in China's economy in the first quarter from behind the economic data.
Keywords: investment
Data: According to data released by the National Bureau of Statistics on April 16, in the first quarter, the overall investment growth rebounded steadily, and the national investment in fixed assets (excluding rural households) reached 100042 billion yuan, a year-on-year increase of 4.5%. unscramble
Liu Chunsheng, associate professor of the Central University of Finance and Economics: In the first quarter, the national investment in fixed assets (excluding rural households) increased by 4.5% year-on-year, which was faster than the growth rate of the previous year, showing that the overall investment vitality is gradually recovering and strengthening, which played a key role in promoting the GDP growth of 5.3% year-on-year in the first quarter, and investment is still one of the important engines of economic growth. Strong investment in manufacturing and infrastructure, manufacturing investment increased by 9.9%, indicating that the real economy has a strong momentum for development, especially in the field of high-end manufacturing, such as aerospace and equipment manufacturing, computer and office equipment manufacturing and other high-tech manufacturing investment growth is rapid, which is conducive to the upgrading of industrial structure and technological progress, and is of great significance to the improvement of the quality of future economic growth.
Infrastructure investment increased by 6.5%, which will help improve the infrastructure network and support the long-term development of the real economy. In addition, private investment has maintained some vitality: although the overall growth of private investment of 0.5% is not significant, after deducting real estate, private investment growth reached 7.7%, reflecting the gradual recovery of confidence of non-official capital in the real economy.
Investment in high-tech industries has grown rapidly. Investment in high-tech industries increased by 11.4% year-on-year, much higher than the overall investment growth rate, reflecting the in-depth promotion of the innovation-driven development strategy, which is crucial for cultivating new economic growth points and improving the modernization level of the industrial chain.
Interview: Sun Zhao
Chief Producer丨Wang Hui and Che Haigang
Producer丨Li Piguang, Wang Yu, Liu Weimin
Editor-in-Chief丨Mao Jinghui Editor丨Chen Shuhan