权威解读丨从4月份数据看中国经济增长点

Economic Overview - In April, China's economy demonstrated stable growth supported by proactive macro policies, with production and demand maintaining a steady increase [1] - The industrial added value for large-scale enterprises grew by 6.1% year-on-year, while the service production index increased by 6.0% [3] - Retail sales of consumer goods reached 37,174 billion yuan, marking a year-on-year growth of 5.1% [3] Investment and Consumption - Consumption and investment both showed stable growth, with the "old-for-new" policy supporting steady consumption growth [3] - Infrastructure investment maintained a stable growth rate of 5.8%, while manufacturing investment slightly declined but remained significantly above economic growth rates [3] - High-tech industries such as information services, computers, and aerospace continued to see double-digit growth, providing crucial support for domestic demand [3] Supply Chain and Production - The production of 3D printing equipment, industrial robots, and new energy vehicles maintained rapid year-on-year growth, indicating a recovery in the economic supply-demand structure [3] - The total import and export value of goods increased by 2.4% year-on-year, with a notable 9.5% growth in the export of electromechanical products [9] Policy and Future Outlook - The coordination of monetary and fiscal policies has played a positive role in stabilizing domestic demand [7] - The government aims to implement more proactive macro policies to stabilize employment, businesses, markets, and expectations, while promoting high-quality development and strengthening domestic circulation [9]