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According to the data released by the National Bureau of Statistics on the 17th, in April this year, production demand grew steadily, employment prices generally improved, social expectations continued to improve, high-quality development was solidly promoted, and the national economy was generally stable, continuing to rise and improve.
On May 17, the Information Office of the State Council held a press conference to invite Liu Aihua, spokesperson of the National Bureau of Statistics, chief economist and director of the Department of Comprehensive Statistics of the National Economy, to introduce the operation of the national economy in April 2024 and answer questions from reporters. Photo by Xinhua News Agency reporter Chen Yehua
Industrial production has accelerated, and the service sector has continued to recover. In April, the added value of industrial enterprises above designated size increased by 6.7 percent year-on-year, 2.2 percentage points faster than the previous month, and 0.97 percent month-on-month. The national service industry production index increased by 3.5% year-on-year.
Wang Honglin, a researcher at the China Institute of Financial Research at Shanghai Jiao Tong University, said that the overall performance of macro data in April was good, especially the data on the real economy, which sent a signal that the economy was stabilizing and improving.
This is a photo taken in Liangjiang New District, Chongqing, of the welding workshop of the Celis Automobile Gigafactory (drone photo taken on February 26, 2024). Xinhua News Agency (photo by Gao Zhang)
Market sales maintained growth, and the scale of fixed asset investment expanded. In April, the total retail sales of consumer goods reached 3,569.9 billion yuan, a year-on-year increase of 2.3%; Month-on-month, it increased by 0.03%.
The import and export of goods grew rapidly, and the trade structure continued to be optimized. In April, the total import and export value of goods was 3,638.9 billion yuan, a year-on-year increase of 8.0 percent. Imports and exports were offset, with a trade surplus of 513.5 billion yuan.
The employment situation was generally stable, and the year-on-year increase in consumer prices was steady and rising. From January to April, the average surveyed urban unemployment rate was 5.2 percent, down 0.2 percentage points from the same period last year. In April, the national consumer price index (CPI) rose 0.3% year-on-year, an increase of 0.2 percentage points from the previous month, and rose 0.1% month-on-month, compared with a decrease of 1.0% in the previous month.
Job seekers learn about recruitment information at the 2024 Shaanxi Trade Union "Spring Delivery" Employment Service Month on-site job fair (photo taken on March 6, 2024). Photo by Xinhua News Agency reporter Zhang Bowen
Liu Aihua, spokesman of the National Bureau of Statistics, said at the press conference of the State Council Information Office held on the same day that on the whole, the national economy operated smoothly in April, although some indicators were affected by factors such as the wrong month of holidays and the high base of the same period last year, the growth rate slowed down, but the main indicators such as industry, exports, employment, and prices improved overall, and the new momentum maintained rapid growth, the national economy continued to pick up and improve, and the positive factors accumulated.
The Naqing Expressway Qijiang Bridge invested and constructed by Guizhou Communications Construction Group was successfully completed, laying a solid foundation for the completion and opening of the whole line of the Naqing (Long) Expressway (taken on April 28, drone photo). Photo by Xinhua News Agency reporter Tao Liang
Liu Aihua said that in the next stage, it is necessary to move forward to effectively implement the macro policies that have been determined, consolidate and enhance the positive trend of economic recovery, and continue to promote the economy to achieve qualitative and effective improvement and reasonable quantitative growth.
Zhang Yansheng, chief researcher at the China Center for International Economic Exchanges, said, "Judging from the data of the first four months, China's economy is emerging a new trend focusing on the new economy, new industries, new forms of business and new models. ”
Wang Xiaoqing, a researcher at the Jiangsu Institute of Modern Fiscal and Taxation Governance and deputy dean of Hongshan College of Nanjing University of Finance and Economics, said, "With the implementation of policies such as large-scale equipment renewal, trade-in of consumer goods, and the introduction of active fiscal and monetary policies, China's economy is unleashing huge potential." ”
This is a panoramic view of the Chengbei Oilfield taken on January 25, 2024 (drone photo). On the same day, the Chengbei Oilfield oil and gas processing and shore power equipment co-construction platform located in the southwest of Bohai Bay, CEPC (Central Platform), was officially put into operation, which can enable the oilfield to connect to green electricity from land and reduce the consumption of natural gas and crude oil caused by "self-power generation" at sea. Xinhua News Agency (photo by Du Penghui)
Reporter: Ruan Shuai, Yin Jiajie
Sun Qing, Youzhixin, Chen Si
Editors: Wu Weiling, He Li
Production: Xinhua FM Studio
Xinhua News Agency Audio and Video Department
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