Monetary Policy - The central bank net injected 600 billion yuan through MLF, marking the largest monthly record since December 2016[1] - The central bank restarted PSL with an injection of 350 billion yuan on January 2[6] Economic Growth - In Q1 2024, GDP grew by 5.3% year-on-year, with industrial growth contributing 37.3% to GDP growth[18] - The industrial added value increased by 6.1% year-on-year, with mining, manufacturing, and electricity sectors growing by 1.6%, 6.7%, and 6.9% respectively[18] Sector Performance - The coal mining and washing industry saw a year-on-year increase of 7% in added value in December[3] - The chemical raw materials and products manufacturing industry reported a 9.9% increase in added value in July[3] Investment Trends - Fixed asset investment (excluding rural households) reached 1,000.42 billion yuan in Q1 2024, growing by 4.5% year-on-year[18] - High-tech industry investment grew by 11.4%, with high-tech manufacturing and services increasing by 10.8% and 12.7% respectively[18] Consumer Behavior - Retail sales of consumer goods totaled 1,203.27 billion yuan in Q1 2024, reflecting a year-on-year growth of 4.7%[18] - Online retail sales reached 330.82 billion yuan, with physical goods accounting for 28,053 billion yuan, growing by 11.6%[18]
宏观周报:24年一季度实际GDP增长5.3%
Hua Lian Qi Huo·2024-05-10 02:00