The National Bureau of Statistics of China released data on April 16. According to preliminary calculations, the GDP in the first quarter was 29,629.9 billion yuan, a year-on-year increase of 5.3% at constant prices, and a 1.6% month-on-month increase from the fourth quarter of the previous year.
1. The agricultural production situation is good and the animal husbandry industry is developing steadily.
In the first quarter, the added value of agriculture (planting industry) increased by 3.8% year-on-year.
In the first quarter, the output of pork, beef, mutton and poultry was 24.9 million tons, a year-on-year increase of 1.4%.
2. Industrial production grew rapidly, and the growth of high-tech manufacturing industry accelerated.
In the first quarter, the added value of industries above designated size nationwide increased by 6.1% year-on-year.
The added value of high-tech manufacturing increased by 7.5%, 2.6 percentage points faster than the fourth quarter of last year.
In terms of products, the output of charging piles, 3D printing equipment, and electronic component products increased by 41.7%, 40.6%, and 39.5% year-on-year respectively.
3. The service industry has good growth momentum, and the modern service industry has grown rapidly.
In the first quarter, the added value of the service industry increased by 5.0% year-on-year.
The added value of the information transmission, software and information technology services industry, leasing and business services industry, transportation, warehousing and postal industry, accommodation and catering industry, and wholesale and retail industry increased by 13.7%, 10.8%, 7.3%, 7.3%, and 6.0 respectively. %.
4. Market sales grew steadily and service consumption grew rapidly.
In the first quarter, the total retail sales of consumer goods reached 12,032.7 billion yuan, a year-on-year increase of 4.7%.
The sales of some upgraded products grew rapidly, and the retail sales of sports and entertainment supplies and communication equipment for units above designated size increased by 14.2% and 13.2% respectively.
In the first quarter, service retail sales increased by 10.0% year-on-year.
5. Fixed asset investment increased steadily, and investment in high-tech industries grew rapidly.
In the first quarter, the national fixed asset investment (excluding rural households) was 10,004.2 billion yuan, a year-on-year increase of 4.5%, 1.5 percentage points faster than the previous year.
Investment in high-tech industries increased by 11.4% year-on-year, of which investment in high-tech manufacturing and high-tech services increased by 10.8% and 12.7% respectively.
In the high-tech manufacturing industry, investment in aerospace and equipment manufacturing and computer and office equipment manufacturing increased by 42.7% and 11.8% respectively; in the high-tech service industry, investment in e-commerce services and information services increased by 24.6% and 16.9% respectively. %.
6. The import and export of goods grew steadily, and the trade structure continued to be optimized.
In the first quarter, the total import and export of goods was 10,169.3 billion yuan, a year-on-year increase of 5.0%.
The import and export of private enterprises increased by 10.7%, accounting for 54.3% of the total import and export.
Exports of mechanical and electrical products increased by 6.8%, accounting for 59.2% of total exports.
7. Consumer prices remained generally stable, while industrial producer prices declined.
In the first quarter, the national consumer price index (CPI) remained flat year-on-year.
In the first quarter, the national industrial producer price fell by 2.7% year-on-year.
8. The employment situation is generally stable, and the surveyed urban unemployment rate has declined slightly.
In the first quarter, the national average urban surveyed unemployment rate was 5.2%, down 0.3 percentage points from the same period last year.
At the end of the first quarter, the total number of rural migrant workers was 185.88 million, a year-on-year increase of 2.2%.
9. Residents’ income has grown steadily, and the income of rural residents has grown faster than that of urban residents.
In the first quarter, the per capita disposable income of residents across the country was 11,539 yuan, a nominal increase of 6.2% year-on-year, and a real increase of 6.2% after deducting price factors.
Based on permanent residence, the per capita disposable income of urban residents was 15,150 yuan, a nominal increase of 5.3% year-on-year, and a real growth of 5.3%; the per capita disposable income of rural residents was 6,596 yuan, a nominal growth of 7.6%, and a real growth of 7.7%.