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For the economic data of the first two months just released, the National Bureau of Statistics said that in the first two months of this year, the national economy generally continued its slowdown since last year, and the downward pressure was relatively high. Industrial prices continued to decline, but new positive factors were also Gradually accumulate.
According to the analysis of the article signed by Guo Tongxin issued by the National Bureau of Statistics, fixed asset investment continued to decline due to overcapacity in the manufacturing industry and the adjustment of the real estate market.
In January-February, fixed-asset investment (excluding rural households) increased by 13.9% year-on-year, and the growth rate dropped by 1.8 percentage points from the previous year. Among them, manufacturing investment increased by 10.6%, down by 2.9 percentage points; real estate investment increased by 10.4%, down 0.1 percentage point.
The traditional surplus industry continues to grow at a low rate. In January-February, the added value of ferrous metal smelting and rolling processing industry increased by 3.5% year-on-year, the growth rate was 3.3 percentage points lower than that of industrial enterprises above designated size; the coal mining and washing industry grew by 3.6%, 3.2 percentage points lower than the above-scale industries.
The National Bureau of Statistics said that it is also necessary to see that the economic structure is undergoing profound changes in the adjustment of differentiation, new subjects are taking shape, new forms of business are emerging, and new dynamics are gestating.
In the entire national economy, the service industry has grown significantly faster than industry. For the first time, the National Bureau of Statistics estimated that the service industry production index increased by 7.4% year-on-year in January-February, 0.6 percentage points faster than the growth rate of industrial enterprises above designated size.
From the relevant indicators, in January and February, the electricity consumption of the service industry increased by 8.1% year-on-year, the growth rate was 5.4 percentage points faster than the total electricity consumption, and 6.5 percentage points faster than the industrial electricity consumption.
In the entire industry, high-tech industries and equipment manufacturing industries have grown rapidly. In January-February, the added value of high-tech industries increased by 11.2% year-on-year, which was 4.4 percentage points faster than that of industrial enterprises above designated size. The added value of equipment manufacturing industry increased by 8.2% year-on-year, and the growth rate was 1.4 percentage points faster than that of all industries.
In the entire domestic demand, the consumption development momentum is obviously better than investment. In January-February, the total retail sales of consumer goods increased by 10.7% year-on-year. Although the growth rate dropped from the previous year, the actual increase was 11.0%, which was 0.1 percentage points higher than the previous year.
Throughout the investment, private investment and service industry investment grew significantly faster than other investments. In January-February, private investment increased by 14.7% year-on-year, with a growth rate of 0.8 percentage points faster than the total investment, accounting for 63.6% of the total investment, an increase of 0.5 percentage points over the same period of the previous year.
Service industry investment increased by 14.8%, 0.9 percentage points faster than the total investment, accounting for 60.5% of the total investment, an increase of 0.5 percentage points over the same period of the previous year.
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