[Geographic Review Line]Sunbird Commentary: Leading indicators release warmth, and China’s high-quality development is “prosperous”

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A number of newly released leading data show a continuous rebound trend, especially in March, the recovery speed has accelerated significantly. 55.52%, which is the comprehensive operating rate of construction machinery nationwide in March this year. This number is not only significantly higher than that in January and February, but also the best data since December last year. From a regional perspective, 25 provinces are “speeding up” and their operating rates have hit a new high this year. Anhui, Jiangxi, Hubei, Zhejiang, and Sichuan rank among the top five in the country in terms of operating rates, all exceeding 70%. (CCTV News Client)

Leading indicators can sensitively capture economic changes and intuitively reflect economic operations. Currently, we are undergoing major changes unseen in a century. In the process of economic development, we are facing various risks and challenges, which have brought many obstacles to our country’s economic growth. However, we must also note that the basic long-term positive trend has not changed and will continue to promote the economy to achieve effective qualitative improvement and reasonable quantitative growth. Through China’s small and medium-sized enterprise development index, manufacturing production index and new orders index, etc., as the economic boom level recovers, the warmth of leading indicators is conveyed. It is seen that China’s economy continues to pick up for the better, maintains healthy and stable growth, and helps China’s high-tech enterprises. Quality development is “prosperous”.

my country’s economy maintains a sustained momentum of recovery. Numbers are engraved with the trajectory of China’s economic development, and numbers also reflect the vitality of China’s economic development. Data from the National Information Center shows that the project investment heat index in the first quarter increased by 0.6% year-on-year, with a year-on-year increase of 5.8% in March, showing a momentum of accelerated growth; the manufacturing sector is even more prominent, with the manufacturing investment heat index from January to February year-on-year. It increased by 13.3% and quickly increased to 40.6% in March, which is much higher than the overall growth rate of investment in the country. In the first quarter of this year, the popularity index increased by 15.5% year-on-year… In the development trend of higher growth rate, we can see that all walks of life have The industry continues to “heat up”, which also releases positive signals for China’s economic development, boosts confidence and morale, and is full of expectations for the future development of China’s economy. It encourages more companies to work hard and move forward, and injects more new momentum into economic development. .

Popular, strong features and full of vitality. From the “Village Super” and “Village BA” that are popular across the Internet, to the flower viewing craze and the Water Splashing Festival… the strong popularity not only reflects the consumption enthusiasm, but also adapts to local conditions to create “characteristic brands”, promote the increase of offline consumer passenger flow, and promote upward growth. Logistics orders are accelerating and active. Analysis of people flow data by the National Information Center found that since the beginning of this year, my country’s offline residents have become more active in consumption. The popularity index of people flow in offline business districts increased by 9.9% in the first quarter compared with the same period last year, including a year-on-year increase of 17.7% in March. One data after another reveals full of vitality. Strong popularity means huge development potential. While releasing consumption vitality, it also promotes more places to excel in the industry, focusing on converting “traffic” into “retention” and allowing consumption to “carriage.” “Speed ​​up and run.

Another aspect of stimulating domestic demand is consumption. Through leading indicators, data from online consumption platforms, trade-in services, and the prosperity of retail companies reflect the continued recovery of the economy and highlight the continued improvement of China’s economic fundamentals. In addition, 14 departments including the Ministry of Commerce jointly issued the “Activity to Promote Trade-in of Consumer Goods” Plan” to promote continued activeness of the consumer market and continued significant macro-policy efforts. Although achieving the annual economic growth target of about 5% requires hard work, there are still conditions and support. All walks of life are forging ahead high-spirited and unleashing surging vitality. China’s economic development contains huge potential and will surely make new and greater contributions to China’s modernization drive.

Author: Fan Banyan

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