Economic performance got off to a good start in the first quarter

Preliminary calculations show that the GDP in the first quarter was 28,499.7 billion yuan, a year-on-year increase of 4.5% at constant prices, and a quarter-on-quarter increase of 2.2% over the previous year. In terms of industries, the added value of the primary industry was 1,157.5 billion yuan, a year-on-year increase of 3.7%; the added value of the secondary industry was 10,794.7 billion yuan, an increase of 3.3%; the added value of the tertiary industry was 16,547.5 billion yuan, an increase of 5.4%.

1. The agricultural production situation is stable and the livestock industry is growing steadily

In the first quarter, the added value of agriculture (planting industry) A year-on-year increase of 3.6%. The growth of winter wheat is generally normal, and preparations for spring plowing are progressing in an orderly manner. According to the annual planting intention survey, the intended planting area of ​​wheat, rice, and corn across the country is basically stable. In the first quarter, the output of pork, beef, mutton, and poultry was 24.56 million tons, a year-on-year increase of 2.5%, of which the output of pork, beef, mutton, and poultry increased by 1.9%, 5.1%, 5.0%, and 3.2% respectively; milk output increased by 8.5%, and poultry and egg output increased by 8.5%. Production increased by 2.8%. At the end of the first quarter, there were 430.94 million pigs on hand, a year-on-year increase of 2.0%; in the first quarter, 198.99 million pigs were sold, an increase of 1.7%.

Second, industrial production gradually resumed, and corporate expectations improved overall

In the first quarter, the added value of industries above designated size across the country year-on-year Growth was 3.0%, 0.3 percentage points faster than the fourth quarter of last year. Divided into three categories, the added value of the mining industry increased by 3.2%, the manufacturing industry increased by 2.9%, and the electricity, heat, gas and water production and supply industry increased by 3.3%. The added value of the equipment manufacturing industry increased by 4.3%, 2.5 percentage points faster than that from January to February. In terms of economic types, the added value of state-controlled enterprises increased by 3.3%; joint-stock enterprises increased by 4.3%; foreign, Hong Kong, Macao and Taiwan-invested enterprises decreased by 2.7%; private enterprises increased by 2.0%. In terms of products, the output of solar cells and new energy vehicles increased by 53.2% and 22.5% respectively. March, The added value of industries above designated size increased by 3.9% year-on-year, 1.5 percentage points faster than in January-February; it increased by 0.12% month-on-month. In March, the manufacturing purchasing managers index was 51.9%, and the enterprise production and operation activity expectation index was 55.5%. From January to February, industrial enterprises above designated size across the country achieved a total profit of 887.2 billion yuan, a year-on-year decrease of 22.9%.

3. The service industry rebounded significantly, and the contact service industry grew rapidly

In the first quarter, the added value of the service industry The year-on-year growth rate was 5.4%, 3.1 percentage points faster than the fourth quarter of the previous year. Among them, the added value of the accommodation and catering industry, information transmission, software and information technology services, finance, leasing and business services, and wholesale and retail industries increased by 13.6%, 11.2%, 6.9%, 6.0%, and 5.5% respectively. In March, the national service industry production index increased by 9.2% year-on-year, 3.7 percentage points faster than the first two months. Among them, the production index of accommodation and catering industry, information transmission, software and information technology service industry, transportation, warehousing and postal industry increased by 29.9%, 12.0% and 11.9% respectively, which was 18.3, 2.7 and 7.7 points faster than that in January and February respectively. percentage point. From January to February, the operating income of service industry enterprises above designated size increased by 3.4% year-on-year. In March, the business activity index of the service industry was 56.9%, and the business activity expectation index was 63.2%. Among them, the business activity index of industries such as retail, railway transportation, road transportation, air transportation, leasing and business services is higher than 60.0%.

Four. Market sales recovered quickly, and upgraded goods increased significantly

In the first quarter, the total retail sales of consumer goods was 114,922 billion, a year-on-year increase of 5.8%, compared with a decrease of 2.7% in the fourth quarter of last year. According to the location of business units, the retail sales of consumer goods in urban areas was 9,966.4 billion yuan, an increase of 5.7%; the retail sales of consumer goods in rural areas was 1,525.8 billion yuan, an increase of 6.2%. By consumption type, retail sales of goods were 10,278.6 billion yuan, an increase of 4.9%; catering revenue was 1,213.6 billion yuan, an increase of 13.9%. Sales of basic daily necessities were good, with retail sales of clothing, shoes, hats, needles, textiles, and grain, oil and food commodities in units above designated size increasing by 9.0% and 7.5% respectively. The sales of upgraded products increased significantly, and the retail sales of gold, silver, jewelry and books, newspapers and magazines by units above designated size increased by 13.6% and 13.4% respectively. National online retail sales were 3.2863 billion yuan, an increase of 8.6%. Among them, online retail sales of physical goods were 2,783.5 billion yuan, an increase of 7.3%, accounting for 24.2% of the total retail sales of consumer goods. In March, total retail sales of consumer goods increased by 10.6% year-on-year, 7.1 months faster than in January-February.percentage points; a month-on-month increase of 0.15%.

5. Investment in fixed assets grew steadily, and investment in high-tech industries grew rapidly

In the first quarter, fixed assets across the country Investment (excluding farmers) was 10,728.2 billion yuan, a year-on-year increase of 5.1%, which was the same as the previous year. In terms of sectors, infrastructure investment increased by 8.8%, manufacturing investment increased by 7.0%, and real estate development investment decreased by 5.8%. The sales area of ​​commercial housing nationwide was 299.46 million square meters, a decrease of 1.8%; the sales volume of commercial housing was 3.0545 billion yuan, an increase of 4.1%. In terms of industries, investment in the primary industry increased by 0.5%, investment in the secondary industry increased by 8.7%, and investment in the tertiary industry increased by 3.6%. Private investment increased by 0.6%. Investment in high-tech industries increased by 16.0%, of which investment in high-tech manufacturing and high-tech services increased by 15.2% and 17.8% respectively. In the high-tech manufacturing industry, electronic and communication equipment manufacturing, medical equipment and Instrumentation Manufacturing investment increased by 20.7% and 19.9% ​​respectively; in the high-tech service industry, e-commerce Investment in the service industry and scientific and technological achievements transformation service industry increased by 51.5% and 51.3% respectively. Investment in the social field increased by 8.3%, of which investment in health and education increased by 21.6% and 6.2% respectively. In March, fixed asset investment (excluding farmers) fell by 0.25% month-on-month.

6. The import and export of goods maintained growth, and the trade structure continued to be optimized

In the first quarter, the total import and export of goods was 9,887.7 billion Yuan, a year-on-year increase of 4.8%. Among them, exports were 5,648.4 billion yuan, an increase of 8.4%; imports were 4,239.3 billion yuan, an increase of 0.2%. Imports and exports were balanced, with a trade surplus of 1.409 billion yuan. General trade imports and exports increased by 7.9%, accounting for 65.3% of total imports and exports, 1.9 percentage points higher than the same period last year. The import and export of private enterprises increased by 14.4%, accounting for 52.4% of the total import and export. In March, the total import and export volume was 3,709.4 billion yuan, a year-on-year increase of 15.5%. Among them, exports were 2,155.2 billion yuan, an increase of 23.4%; imports were 1,554.2 billion yuan, an increase of 6.1%.

7. Consumer prices rose moderately, and industrial producer prices increased year-on-year.Decline

In the first quarter, the national consumer price (CPI) rose by 1.3% year-on-year. In terms of categories, the price of food, tobacco and alcohol increased by 2.9%, the price of clothing increased by 0.7%, the price of housing decreased by 0.2%, the price of daily necessities and services increased by 1.2%, the price of transportation and communication increased by 0.1%, the price of education, culture and entertainment increased by 1.7%, and the price of medical care Prices increased by 0.9%, and prices of other supplies and services increased by 2.7%. Among the prices of food, tobacco and alcohol, the price of fresh fruits increased by 11.0%, the price of pork increased by 8.5%, the price of grain increased by 2.5%, and the price of fresh vegetables decreased by 2.9%. Core CPI, which excludes food and energy prices, rose 0.8% year-on-year. In March, the national consumer price increased by 0.7% year-on-year and decreased by 0.3% month-on-month.

In the first quarter, the national industrial producer price fell by 1.6% year-on-year. Among them, March fell 2.5% year-on-year and remained unchanged month-on-month. In the first quarter, the purchasing price of industrial producers fell by 0.8% year-on-year. Among them, March dropped 1.8% year-on-year and remained unchanged month-on-month.

8. The employment situation is generally stable, and the urban surveyed unemployment rate has declined

In the first quarter, the national average urban surveyed unemployment rate The value was 5.5%, down 0.1 percentage points from the fourth quarter of last year. In March, the national urban surveyed unemployment rate was 5.3%, a decrease of 0.3 percentage points from the previous month. The surveyed unemployment rate of the local registered labor force is 5.1%; the surveyed unemployment rate of the migrant registered labor force is 5.6%, of which the surveyed unemployment rate of the migrant agricultural registered labor force is 5.3%. The labor force survey unemployment rates for those aged 16-24 and 25-59 were 19.6% and 4.3% respectively. Among the labor force aged 25-59, the unemployment rates surveyed by the labor force survey with junior high school education and below, high school education, college education, and bachelor's degree or above are 4.8%, 4.8%, 4.0%, and 3.1% respectively. The surveyed urban unemployment rate in 31 large cities was 5.5%, a decrease of 0.2 percentage points from the previous month. The average weekly working hours of employees in enterprises across the country is 48.7 hours. At the end of the first quarter, the total number of rural migrant workers was 181.95 million.

9. Residents’ income grew steadily, with the income of rural residents growing faster than that of urban residents

In the first quarter, the per capita income of residents across the country Disposable income was 10,870 yuan, a nominal increase of 5.1% year-on-year, 0.1 percentage point faster than the previous year; the actual increase after deducting price factors was 3.8%. Based on permanent residence, the per capita disposable income of urban residents was 14,388 yuan, a nominal increase of 4.0% year-on-year, and a real increase of 2.7%; the per capita disposable income of rural residents wasIncome was 6,131 yuan, with a year-on-year nominal growth of 6.1% and a real growth of 4.8%. In terms of income sources, the national per capita wage income, net operating income, net property income, and net transfer income increased in nominal terms by 5.0%, 5.8%, 4.1%, and 5.1% respectively. The national per capita median disposable income of residents was 8,895 yuan, a year-on-year nominal increase of 4.6%.

Generally speaking, in the first quarter, with the rapid and stable transition of epidemic prevention and control, various policy measures to stabilize growth, employment and prices have been taken forward, and positive factors have accumulated and increased, and the national The economy has stabilized and rebounded, with a good start. However, we must also note that the international environment is still complex and changeable, insufficient domestic demand has obvious constraints, and the foundation for economic recovery is not yet solid. In the next stage, we must adhere to the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, fully implement the spirit of the 20th National Congress of the Communist Party of China and the First and Second Plenary Sessions of the 20th Central Committee of the Communist Party of China, conscientiously implement the arrangements and arrangements of the Central Economic Work Conference and the National "Two Sessions", and persist in We must put stability first and seek progress while maintaining stability, fully, accurately and comprehensively implement the new development concept, accelerate the construction of a new development pattern, strive to promote high-quality development, scientifically and accurately implement macro policies, implement comprehensive policies to release the potential of domestic demand, vigorously deepen reforms, and expand high-level Opening up to the outside world will promote the sustained overall improvement of economic operations, achieve effective qualitative improvement and reasonable quantitative growth, and make a good start for the comprehensive construction of a modern socialist country.