Industrial production has fallen from a decrease to increase and urban survey unemployment rates.

The latest data of the national economy in May revealed that the Chinese economy has obviously recovered signals.

On June 15, the website of the National Bureau of Statistics released May Economic Data. From the data of May, multiple key indicators have significantly recovered or improved. For example, industrial production has increased from decrease to increase, and the added value of industrial value above the national size increased by 0.7%year -on -year. One percentage point.

The National Bureau of Statistics pointed out that in May, various regions and departments efficiently coordinated the prevention and control of the epidemic and the development of economic and social development, and strived to stabilize the macroeconomic market. Improved, the national economy was recovered.

Industrial production restoration is obvious

"Daily Economic News" reporter noticed that an important feature in economic data in May is the indicator of production status -the added value of industrial industries above designated size to increase from decrease to increase, and positive growth trend after a month.

In May, the added value of industries above designated size increased by 0.7%year -on -year.

Data show that in May, the added value of industries above designated size nationwide increased by 0.7%year -on -year, and in April a decrease of 2.9%; and a 5.61%increase in April. In terms of three large doors, the value -added of the mining industry increased by 7.0%year -on -year, the manufacturing industry increased by 0.1%, and power, thermal, gas and water production and supply industries increased by 0.2%.

At the press conference of the National New Office held on the same day, Fu Linghui, a spokesman for the National Bureau of Statistics, said that data showed that the production of most industries and regions has rebounded. Among the 41 major industries, the growth rate of 33 industries rose from the previous month, accounting for 80.5%; of the 31 provinces (autonomous regions, municipalities), the industrial growth rate of 22 regions rose, accounting for 71%, of which Shanghai and Jilin Industrial production declined The narrowing range exceeds 30 percentage points.

At the same time, the equipment manufacturing industry has risen significantly. The supply chain of the key industry chain continues to be intense, the equipment manufacturing industry has been accelerated, and production has also increased from decrease. In May, the equipment manufacturing industry increased by 1.1%year -on -year, and last month decreased by 8.1%. Among them, the automobile manufacturing industry fell by 7%in May, a narrowing of 24.8 percentage points from the previous month; automobile output dropped by 4.8%, narrowing by 38.7 percentage points.

Yang Chang, chief economist of the Public Policy and Governance Research Institute of Shanghai University of Finance and Economics, said in a written interview with the reporter of "Daily Economic News" that from the year -on -year data, the added value of industries above designated size in May actually increased by 0.7%year -on -year, from industrial increases The value -based index is observed that in May last year, the base was raised, and the repair of industrial production was relatively obvious.

From the perspective of the month -on -month growth rate, the month -on -month increase of 5.61%(the previous value decreased by 5.80%), which reflects the characteristics of the rapid repair of industrial production. Based on the industrial added value in March, it can be considered Industrial production is close to the level before the impact of the epidemic in March.

Manufacturing and infrastructure forces to promote investment recovery

In terms of investment, the data released this time shows that from January to May this year, the national fixed asset investment (excluding farmers) was 2059.64 billion yuan, an increase of 6.2%year-on-year; and a month-on-month increase of 0.72%. In terms of division, from January to May, infrastructure investment increased by 6.7%year-on-year, manufacturing investment increased by 10.6%, and real estate development investment decreased by 4.0%.

Fu Linghui analyzed at the press conference of the New National Office that from the perspective of investment, the efforts of stable investment continued to increase, and the support role of investment growth gradually strengthened. From January to May, manufacturing investment increased by 10.6%year-on-year, of which the equipment manufacturing industry increased by 22%, and infrastructure investment increased. In January to May Essence

Zhao Wei, the chief economist of Guojin Securities, said that the data shows that both manufacturing and infrastructure have exerted their efforts to promote investment in investment.

红塔证券宏观分析师殷越接受《每日经济新闻》记者微信采访时分析，固定资产投资方面，受益于政策发力，1-5月基建投资累计同比增速再度走高，为6.7%，成为经济Important support items. At the same time, benefiting from the toughness and other factors in export maintenance, the cumulative growth rate of manufacturing investment from January to May was 10.6%, reaching a high level of double-digit growth.

The economy is expected to achieve reasonable growth in the second quarter

In terms of consumption, the data released this time also shows a certain recovery trend.

The National Bureau of Statistics pointed out that in May, the total retail sales of social consumer goods was 3354.7 billion yuan, a year-on-year decrease of 6.7%. Although it is still in the negative growth range, compared with the growth rate of -11.1%last month In May, consumption has a relatively obvious recovery trend.

Although the total retail sales of consumer goods in May are still in the negative growth range, the decline is significantly narrowed from the picture source: the National Bureau of Statistics

Fu Linghui said that the decline in the total retail sales of social consumer goods in May has narrowed significantly. As the order of life gradually recovers, the pace of consumption recovery will also accelerate in the future.

At present, economic data in the second month of the second quarter has been released. How do you look at the economic situation of the second quarter?

In this regard, Fu Linghui said in a question about reporters that comprehensively, if the epidemic can be effectively controlled, various steady growth measures have been effective. With the joint efforts of all aspects, the economy is expected to achieve reasonable growth in the second quarter.

Daily Economic News

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