结构性突破

Search documents
四月份经济韧性与结构性突破并存 向“新”特征更明显
Zheng Quan Shi Bao· 2025-05-19 18:00
Economic Performance - In April, the industrial added value above designated size increased by 6.1% year-on-year, and the service production index grew by 6.0% year-on-year, indicating stable and rapid growth in major economic indicators [1][2] - The retail sales of consumer goods increased by 5.1% year-on-year, with significant growth in the sales of home appliances and audio-visual equipment, which rose by 38.8% [2] - Fixed asset investment saw a month-on-month increase of 0.10%, reflecting a stable investment environment [1] Investment and Trade - The investment in equipment and tools from January to April increased by 18.2% year-on-year, contributing 64.5% to total investment growth [2] - Despite external shocks, China's total goods import and export volume grew by 2.4% year-on-year from January to April, accelerating by 1.1 percentage points compared to the first quarter [2] High-tech and New Energy Sectors - The added value of high-tech manufacturing increased by 10% year-on-year in April, with aerospace equipment and integrated circuit manufacturing growing by 21.4% and 21.3%, respectively [3] - Production of new energy products, such as electric vehicles and charging piles, surged by 38.9% and 43.1%, respectively, highlighting the rapid development of the green low-carbon transition [3] Policy and Future Outlook - Recent policy measures, including interest rate cuts and the establishment of new financial tools, aim to support technological innovation and expand consumption [4] - Analysts expect that as policy effects continue to manifest, consumption will strengthen, further supporting investment growth [4] - The economic operation is anticipated to improve moderately in May and June, with a focus on effectively utilizing existing policies [4]