近期，中美关系在多领域呈现复杂态势。据中国网5月12日消息，中美两国在瑞士日内瓦发布经贸高层会谈联合声明，在关税调整、磋商机制 建立等关键议题上达成共识。然而，美方长期奉行的单边主义政策，给全球经贸秩序带来严重冲击，这也决定了中美关系博弈的长期性与复杂 性。在这种大背景下，中方再次果断出手，采取一系列举措维护自身权益，令美方始料未及。 在经贸领域交锋的同时，科技领域的博弈同样激烈。美国商务部频繁将中国科技企业列入"实体清单"，仅3月26日，就将54家中国科技企业及 机构纳入其中。美国妄图通过此类手段，遏制中国科技进步，维护其在全球科技领域的霸权地位。但事实证明，美国的封锁与打压不仅未能阻 止中国科技发展，反而激发了中国科技自立自强的决心与动力。2024年第一季度，中国规模以上高技术制造业增加值同比增长7.5%，高技术 产业投资同比增长11.4%，高技术服务业投资增长12.7%。这些数据充分彰显了中国科技发展的强劲势头与活力。 面对美国的持续挑衅，中方迅速且有力地采取了应对措施。例如，在外交层面，中国外交部公开指责美国"滥用出口管制措施"，向国际社会清 晰表明中国立场，争取国际舆论支持。在经贸领域，中方依据相关 ...

2025.05. 19 工业生产是经济稳定增长的重要支撑。今年以来，随着存量政策持续显效、增量政策有效落实，政 策"组合拳"效果不断显现。工业生产保持较快增长，产业发展向高端化、智能化、绿色化转型。 4月份，规模以上工业增加值同比增长6.1%。41个大类行业中，36个行业同比增长，增长面超过八 成。 本文字数：2510，阅读时长大约4分钟 作者 | 第一财经 祝嫣然 面对外部冲击影响加大、内部困难挑战叠加的复杂局面，4月份我国主要经济指标顶住压力、平稳运 行。 国家统计局5月19日发布的数据显示，4月份，全国规模以上工业增加值同比增长6.1%，比上月回 落1.6个百分点；社会消费品零售总额同比增长5.1%，比前值放缓0.8个百分点。1-4月份，全国固 定资产投资（不含农户）同比增长4.0%，比一季度回落0.2个百分点。 国家统计局新闻发言人付凌晖同日在国新办发布会上表示，4月份外部冲击影响加大，但我国经济基 础稳、优势多、韧性强、潜能大，宏观政策协同发力，各方面积极应变、主动作为，国民经济应变克 难稳定运行，发展质量持续提升，进一步增强了我们应对各种风险挑战的信心和底气。但也要看到， 国际环境变数仍多，多重风 ...

Core Viewpoint - The article discusses the stable growth of China's economy in April, highlighting the resilience of external demand and the transition of new and old growth drivers, despite challenges such as declining real estate investment and low inflation pressures [6][21]. Supply Side: Stable Growth, Slowing Momentum - In April, the industrial added value of large-scale enterprises increased by 6.1% year-on-year, exceeding the market expectation of 5.2%, but down 1.6 percentage points from March [7] - The service production index grew by 6.0% year-on-year, slightly down from March [7] - High-tech industries maintained robust growth, with production increasing by 10.0%, while equipment manufacturing grew by 9.8% [7] Fixed Asset Investment: Slowing Growth, Real Estate Drag - Fixed asset investment grew by 4% year-to-date, slightly down from the previous value [10] - Infrastructure investment increased by 10.9%, while real estate investment saw a decline of 10.3%, worsening by 0.5 percentage points from the previous value [10][11] - Manufacturing investment growth slowed to 8.2%, influenced by tariff impacts and reduced willingness to invest among enterprises [16] Consumption: High Levels with Notable Highlights - Retail sales growth in April was 5.1%, slightly below the market expectation of 5.5% [19] - Significant growth was observed in categories such as communication equipment and home appliances, with increases of 20-30% [19] - The consumption of gold and jewelry surged by 25.3%, driven by high gold prices [19] Outlook: Consolidating Foundations, Maintaining Stability - The article anticipates that tariff negotiations will yield positive outcomes, improving the economic environment and supporting the goal of achieving a 5% growth rate [21] - The article suggests that while external demand remains stable, inflation may continue to be low, and the real estate market may remain weak [21]

央视网消息：中国国家统计局5月19日发布2025年4月份中国国民经济运行数据。数据显示4月份，面对外部冲击影响加大、内 部困难挑战叠加的复杂局面，国民经济顶住压力稳定增长，延续向新向好发展态势。 4月份，货物进出口总额38391亿元，同比增长5.6%。全国城镇调查失业率为5.1%，比上月下降0.1个百分点。此外，全国居民 消费价格（CPI）同比下降0.1%，环比上涨0.1%。 国家统计局新闻发言人、国民经济综合统计司司长 付凌晖：总的来看，4月份，外部冲击影响加大，但宏观政策协同发力， 主要指标平稳较快增长，国民经济延续向新向好态势。也要看到，外部不稳定不确定因素仍然较多，国民经济持续回升向好基础 还需进一步稳固。 总台央视记者 梁爽：国家统计局相关负责人表示，下阶段，将坚定不移扩大高水平对外开放，着力稳就业、稳企业、稳市 场、稳预期，扎实推进高质量发展，推动经济持续回升向好。 4月份，中国规模以上工业增加值同比增长6.1%。装备制造业增加值同比增长9.8%，高技术制造业增加值增长10.0%，分别快 于全部规模以上工业增加值3.7和3.9个百分点。 国家统计局新闻发言人、国民经济综合统计司司长 付凌晖：4月份 ...

国家统计局表示，从下阶段情况看，经济长期向好的基本面没有改变，各项宏观政策协同发力，各方面 聚力攻坚、积极应变，创新动能继续成长，经济持续回升具有较多有利条件。 国家统计局新闻发言人付凌晖同日在国新办发布会上表示，4月份外部冲击影响加大，但我国经济基础 稳、优势多、韧性强、潜能大，宏观政策协同发力，各方面积极应变、主动作为，国民经济应变克难稳 定运行，发展质量持续提升，进一步增强了我们应对各种风险挑战的信心和底气。但也要看到，国际环 境变数仍多，多重风险交织叠加，国内经济回升向好的基础还需巩固。 5月10日至11日，中美双方在瑞士日内瓦举行中美经贸高层会谈，双方协商同意大幅降低关税。市场对 中国经济走势和前景非常关注。 付凌晖表示，从下阶段情况看，国际环境依然复杂严峻，不稳定、不确定、难预料因素比较多，国内周 期性、结构性矛盾交织，但我国经济长期向好的基本面没有改变，各项宏观政策协同发力，各方面聚力 攻坚、积极应变，创新动能继续成长，经济持续回升具有较多有利条件。 工业增速维持高位 工业生产是经济稳定增长的重要支撑。今年以来，随着存量政策持续显效、增量政策有效落实，政 策"组合拳"效果不断显现。工业生产保持较 ...

央视网消息：国务院新闻办公室5月19日上午举行新闻发布会，国家统计局发布4月份经济数据。4月份，我国加紧实施更加积极有为的宏观政 策，经济顶住压力稳定增长，延续向新向好态势。 4月全国规模以上工业增加值同比增长6.1% 4月份，生产供给较快增长。从工业来看，宏观政策组合效应持续释放，工业保持较快增长。4月份，规模以上工业增加值同比增长6.1%，是 2024年以来月度增速中比较快的速度。 4月装备制造业增加值同比增长9.8% 国家统计局新闻发言人付凌晖介绍，从服务业来看，在扩大内需政策的作用下，服务业增势平稳。4月份，服务业生产指数同比增长6%，这也 是2025年以来月度增速中次高的水平。数字化转型持续深入，旅游交通出行增多，带动信息和商务服务业等稳定增长。 4月份社会消费品零售总额同比增长5.1% 在"两新"政策加力扩围和产业升级带动下，装备制造业持续较快增长。4月份，装备制造业增加值同比增长9.8%，对规模以上工业增长的贡献 率达到55.9%。 国内需求稳步扩大。从消费来看，消费品以旧换新政策效应持续释放，市场销售保持稳定增长。4月份，社会消费品零售总额同比增长5.1%， 其中，消费品以旧换新相关商品销售大 ...

国务院新闻办今天举行新闻发布会，国家统计局新闻发言人付凌晖介绍，4月份，我国加紧实施更加积 极有为的宏观政策，经济顶住压力稳定增长，延续向新向好态势。 4月份，生产供给较快增长。从工业来看，宏观政策组合效应持续释放，工业保持较快增长。4月份，规 模以上工业增加值同比增长6.1%，是去年以来月度增速中比较快的速度。在"两新"政策加力扩围和产业 升级带动下，装备制造业持续较快增长，4月份装备制造业增加值同比增长9.8%。对规模以上工业增长 的贡献率达到55.9%。 今年以来，我国外贸韧性持续彰显。就业形势总体稳定。4月份，全国城镇调查失业率为5.1%，比上月 下降0.1个百分点，连续两个月下降。 今年，我国新质生产力成长壮大。4月份，规模以上高技术制造业增加值同比增长10%，其中，航空航 天相关设备制造、集成电路制造增加值快速增长，数字产业蓬勃发展。 国家统计局新闻发言人 付凌晖：4月份，外部冲击影响加大，但我国经济基础稳、优势多、韧性强、潜 能大，宏观政策协同发力，各方面积极应变、主动作为，国民经济应变克难稳定运行，发展质量持续提 升，进一步增强了我们应对各种风险挑战的信心和底气。 来源：央视新闻客户端 国家统 ...

Economic Overview - In the first four months of 2023, multiple economic indicators showed a year-on-year growth acceleration compared to Q1, indicating stable growth in production and demand, overall stable employment, and the accumulation of new growth drivers [1][4] - The National Bureau of Statistics reported that the total value of goods imports and exports increased by 2.4% year-on-year, accelerating by 1.1 percentage points compared to Q1 [4] Industrial Growth - In April, the industrial added value of large-scale enterprises increased by 6.1% year-on-year, exceeding market expectations by 0.9 percentage points [2] - Among 41 major industries, 36 experienced year-on-year growth, indicating a broad growth base [2] - High-tech manufacturing added value grew by 10% year-on-year, significantly outpacing overall industrial growth [2][3] New Growth Drivers - In April, production of new energy vehicles and lithium-ion batteries for vehicles surged by 38.9% and 61.8% respectively, showcasing rapid growth in smart products [3] - The manufacturing value added of smart drones and smart vehicle-mounted equipment increased by 74.2% and 29.3% respectively, far exceeding the overall industrial growth rate [3] Employment Situation - The urban surveyed unemployment rate in April was 5.1%, a decrease of 0.1 percentage points from the previous month, marking two consecutive months of decline [7] - The average urban surveyed unemployment rate for January to April was 5.2%, consistent with the same period last year [7] Investment Trends - From January to April, fixed asset investment (excluding rural households) reached 147,024 billion yuan, growing by 4.0% year-on-year, with a 0.10% month-on-month increase in April [5][6] - The focus on improving and safeguarding livelihoods, along with significant regional strategies, is expected to drive sustained investment growth [6]

Core Viewpoint - The article highlights that China's economy is showing signs of stable growth, with various economic indicators improving in the first four months of the year, despite external uncertainties. The industrial sector, in particular, has demonstrated robust performance, driven by policy support and innovation [1][5]. Economic Indicators - In April, the industrial added value for large-scale enterprises increased by 6.1% year-on-year, surpassing market expectations by 0.9 percentage points [3][4]. - From January to April, the total value of goods imports and exports grew by 2.4% year-on-year, accelerating by 1.1 percentage points compared to the first quarter [7]. - Retail sales of consumer goods rose by 4.7% year-on-year in the same period, with service retail sales increasing by 5.1% [7][8]. Industrial Performance - In April, 36 out of 41 major industries reported year-on-year growth, indicating a broad-based recovery in industrial production [4]. - High-tech manufacturing saw a significant increase, with added value growing by 10% year-on-year, driven by sectors such as integrated circuit manufacturing and optoelectronic device manufacturing, which grew by 21.3% and 19%, respectively [4]. - Production of new energy vehicles and lithium-ion batteries surged by 38.9% and 61.8%, respectively, showcasing the growth of industrial new momentum [4]. Employment Situation - The urban surveyed unemployment rate in April was 5.1%, a decrease of 0.1 percentage points from the previous month, indicating a stable employment environment [9]. - The average urban surveyed unemployment rate from January to April was 5.2%, consistent with the same period last year [9]. Investment Trends - Fixed asset investment (excluding rural households) reached 147,024 billion yuan, growing by 4.0% year-on-year, with a notable 8.0% increase when excluding real estate development [8]. - The article emphasizes the potential for industrial upgrades and the positive development of emerging industries, such as high-end equipment and artificial intelligence [8].

Economic Performance Overview - In April, external shocks increased, but China's economic foundation remains stable, with strong advantages, resilience, and potential, supported by coordinated macro policies [1][4] - The overall economic performance in April reflects a complex international environment, making stable economic operation more challenging [1] Industrial Growth - Industrial production showed rapid growth, with the industrial added value of large-scale enterprises increasing by 6.1% year-on-year in April, marking one of the fastest monthly growth rates since last year [1] - The equipment manufacturing sector experienced significant growth, with an added value increase of 9.8% year-on-year, contributing 55.9% to the industrial growth [1] Service Sector Performance - The service sector maintained stable growth, with the service production index rising by 6% year-on-year in April, the second-highest monthly growth rate this year [1] - Digital transformation and increased travel boosted information and business services, with the production indices for information transmission software and IT services, and leasing and business services growing by 10.4% and 8.9% respectively [1] Domestic Demand - Domestic demand expanded steadily, with retail sales of consumer goods increasing by 5.1% year-on-year in April, supported by the effects of the trade-in policy [2] - Fixed asset investment grew by 4% year-on-year from January to April, with equipment and tool purchases increasing by 18.2%, contributing 64.5% to total investment growth [2] Foreign Trade Resilience - Despite a rapidly changing international environment, China's foreign trade demonstrated resilience, with total goods imports and exports increasing by 2.4% year-on-year from January to April [2] - Exports of mechanical and electrical products grew by 9.5% in the first four months, highlighting the effectiveness of diversifying trade partnerships [2] Employment Stability - The employment situation remained generally stable, with the urban unemployment rate at 5.1% in April, a decrease of 0.1 percentage points from the previous month [3] - Policies supporting employment and entrepreneurship for key groups contributed to this stability [3] High-tech Industry Growth - High-tech industries experienced rapid growth, with the added value of high-tech manufacturing increasing by 10% year-on-year in April [3] - Significant growth was observed in aerospace equipment and integrated circuit manufacturing, with increases of 21.4% and 21.3% respectively [3] Future Outlook - The government aims to implement more proactive macro policies to stabilize employment, businesses, and market expectations, while promoting high-quality development [4] - The focus will be on strengthening the domestic economic cycle and ensuring sustainable and healthy economic growth [4]