• time;2024-08-20 11:13:21

The latest data released by the National Bureau of Statistics shows that from January to July, the added value of the five major industries involved in the machinery industry maintained a year-on-year growth trend. Among them, the general equipment manufacturing industry grew by 2.9%, the specialized equipment manufacturing industry grew by 2.2%, the automobile manufacturing industry grew by 9.0%, the electrical machinery and equipment manufacturing industry grew by 4.5%, and the instrument and meter manufacturing industry grew by 5.8%. In terms of fixed assets investment, the general equipment manufacturing industry grew by 13.8% year on year, the special equipment manufacturing industry grew by 13.3%, the automobile manufacturing industry grew by 5.0%, the electrical machinery and equipment manufacturing industry grew by 1.4%, and the instrument manufacturing industry grew by 2.8%.

In the representative products of the mechanical industry, from January to July, the cumulative output of metal cutting machine tools was 390000 units, a year-on-year increase of 6.6%; The cumulative output of industrial robots was 311000 sets, a year-on-year increase of 7.9%; The cumulative output of the generator set was 131.28 million kilowatts, a year-on-year increase of 19.8%; The cumulative output of solar cells was 334.26 million kilowatts, a year-on-year increase of 18.2%.

The overall operation of the national economy in July was stable and steady with progress

　　7月份，在以习近平同志为核心的党中央坚强领导下，各地区各部门认真贯彻落实党中央、国务院决策部署，坚持稳中求进工作总基调，完整、准确、全面贯彻新发展理念，加强宏观调控，有效应对风险挑战，经济运行总体平稳、稳中有进，生产需求继续恢复，就业物价总体稳定，新动能继续培育壮大，高质量发展扎实推进。

1、 The industry maintains rapid growth, while the equipment manufacturing and high-tech manufacturing industries accelerate their growth

In July, the added value of industrial enterprises above designated size in China increased by 5.1% year-on-year, a decrease of 0.2 percentage points from the previous month; A month on month increase of 0.35%. Looking at the three major categories, the added value of the mining industry increased by 4.6% year-on-year, the manufacturing industry increased by 5.3%, and the production and supply of electricity, heat, gas, and water increased by 4.0%. The added value of equipment manufacturing industry increased by 7.3%, and the added value of high-tech manufacturing industry increased by 10.0%, accelerating by 0.4 and 1.2 percentage points respectively from the previous month. In terms of economic types, the added value of state-owned holding enterprises increased by 3.5% year-on-year; Joint stock enterprises increased by 5.4%, while foreign and Hong Kong, Macao, and Taiwan invested enterprises increased by 4.2%; Private enterprises grew by 5.2%. By product, the production of new energy vehicles, integrated circuits, and 3D printing equipment increased by 27.8%, 26.9%, and 25.3% year-on-year, respectively. From January to July, the added value of industrial enterprises above designated size in China increased by 5.9% year-on-year. In July, the Purchasing Managers' Index for the manufacturing industry was 49.4%, and the Expected Index for Enterprise Production and Operation Activities was 53.1%. From January to June, industrial enterprises above designated size in China achieved a total profit of 3511 billion yuan, a year-on-year increase of 3.5%.

2、 The service industry continues to recover, and modern service industry is developing well

In July, the national service industry production index increased by 4.8% year-on-year, accelerating by 0.1 percentage points compared to the previous month. By industry, the production indices of information transmission, software and information technology services, leasing and business services, transportation, warehousing and postal services, and finance increased by 12.6%, 9.0%, 5.3%, and 5.1% year-on-year, respectively, which were 7.8, 4.2, 0.5, and 0.3 percentage points faster than the production indices of the service industry. From January to July, the national service industry production index increased by 4.9% year-on-year. From January to June, the operating income of service industry enterprises above designated size increased by 7.2% year-on-year. In July, the service industry business activity index was 50.0%; The expected index of service industry business activities is 56.6%. Among them, the business activity index of industries such as railway transportation, air transportation, postal services, telecommunications, broadcasting and television, satellite transmission services, culture, sports and entertainment is in the high prosperity range of over 55.0%.

3、 The market sales growth rate has rebounded, and the sales of upgraded products have grown rapidly

In July, the total retail sales of consumer goods reached 3.7757 trillion yuan, a year-on-year increase of 2.7%, which was 0.7 percentage points faster than the previous month; A month on month increase of 0.35%. According to the location of the operating units, the retail sales of urban consumer goods reached 3269.1 billion yuan, a year-on-year increase of 2.4%; The retail sales of consumer goods in rural areas reached 506.6 billion yuan, an increase of 4.6%. By consumption type, the retail sales of goods reached 3.3354 trillion yuan, an increase of 2.7%; The catering revenue was 440.3 billion yuan, an increase of 3.0%. Basic daily necessities sold well, with retail sales of grain, oil, food, and beverage products from units above designated size increasing by 9.9% and 6.1% respectively. Sales of some upgraded products have grown rapidly, with retail sales of communication equipment, sports, and entertainment products for units above designated size increasing by 12.7% and 10.7% respectively. From January to July, the total retail sales of consumer goods reached 2.73726 trillion yuan, a year-on-year increase of 3.5%. The national online retail sales amounted to 83784 billion yuan, a year-on-year increase of 9.5%. Among them, the online retail sales of physical goods reached 7009.3 billion yuan, an increase of 8.7%, accounting for 25.6% of the total retail sales of consumer goods in society. From January to July, the service retail sales increased by 7.2% year-on-year.

4、 The scale of fixed assets investment expanded, and investment in high-tech industries grew rapidly

From January to July, the national fixed assets investment (excluding farmers) was 2876.11 billion yuan, up 3.6% year on year, 0.3 percentage point lower than that from January to June; Excluding the investment in real estate development, the national fixed assets investment increased by 8.0%. By sector, infrastructure investment increased by 4.9% year-on-year, manufacturing investment increased by 9.3%, and real estate development investment decreased by 10.2%. The sales area of newly-built commercial housing in China was 541.49 million square meters, a year-on-year decrease of 18.6%; The sales revenue of newly-built commercial housing reached 5333 billion yuan, a decrease of 24.3%. Looking at different industries, investment in the primary industry increased by 3.3% year-on-year, investment in the secondary industry increased by 12.5%, and investment in the tertiary industry decreased by 0.7%. Private investment remained unchanged year-on-year; Excluding real estate development investment, private investment increased by 6.5%. Investment in high-tech industries increased by 10.4% year-on-year, with investment in high-tech manufacturing and high-tech service industries growing by 9.7% and 11.9% respectively. In the high-tech manufacturing industry, investment in aviation, spacecraft and equipment manufacturing, and computer and office equipment manufacturing increased by 37.7% and 10.8% respectively; In the high-tech service industry, investment in professional technical services and e-commerce services increased by 25.4% and 17.9% respectively. In July, fixed assets investment (excluding farmers) fell 0.17% month on month.

5、 The import and export of goods have grown rapidly, and the trade structure continues to optimize

In July, the total import and export volume of goods was 3675.8 billion yuan, a year-on-year increase of 6.5%, which was 0.7 percentage points faster than the previous month. Among them, exports amounted to 2138.9 billion yuan, an increase of 6.5%; Imports amounted to 1536.9 billion yuan, an increase of 6.6%. The balance of imports and exports resulted in a trade surplus of 601.9 billion yuan. From January to July, the total import and export volume of goods was 248.335 trillion yuan, an increase of 6.2%. Among them, exports amounted to 142573 billion yuan, an increase of 6.7%; Imports amounted to 1.05762 trillion yuan, an increase of 5.4%. From January to July, the import and export of general trade increased by 4.9%, accounting for 64.7% of the total import and export volume. The import and export of private enterprises increased by 10.9%, accounting for 55.1% of the total import and export volume, an increase of 2.3 percentage points compared to the same period last year. The export of mechanical and electrical products increased by 8.3%, accounting for 59.0% of the total export value.

6、 The overall employment situation is stable, and the urban survey unemployment rate is seasonally increasing

From January to July, the average urban survey unemployment rate in China was 5.1%, a decrease of 0.2 percentage points from the same period last year. In July, the national urban survey unemployment rate was 5.2%, an increase of 0.2 percentage points from the previous month and a decrease of 0.1 percentage points from the same month last year. The unemployment rate of local registered residence labor force survey is 5.2%; The unemployment rate of migrant registered residence labor force survey is 5.1%, of which the unemployment rate of migrant agricultural registered residence labor force survey is 4.9%. The surveyed unemployment rate in 31 major cities was 5.3%, an increase of 0.4 percentage points from the previous month and a decrease of 0.1 percentage points from the same month last year. The average weekly working hours of employees in enterprises nationwide are 48.7 hours.

7、 Residential consumer prices have moderately rebounded, while industrial producer prices continue to decline

In July, the national consumer price index (CPI) rose by 0.5% year-on-year, an increase of 0.3 percentage points from the previous month; A month on month increase of 0.5%. By category, the prices of food, tobacco, and alcohol increased by 0.2% year-on-year, clothing prices increased by 1.5%, housing prices increased by 0.1%, daily necessities and services prices increased by 0.7%, transportation and communication prices decreased by 0.6%, education, culture, and entertainment prices increased by 1.7%, healthcare prices increased by 1.4%, and other goods and services prices increased by 4.0%. In terms of food, tobacco, and alcohol prices, fresh fruit prices decreased by 4.2%, grain prices increased by 0.1%, fresh vegetable prices increased by 3.3%, and pork prices increased by 20.4%. After deducting food and energy prices, the core CPI increased by 0.4% year-on-year. From January to July, the national consumer price index rose by 0.2% year-on-year.

In July, the ex factory prices of industrial producers in China decreased by 0.8% year-on-year and 0.2% month on month; The purchasing prices of industrial producers nationwide have both decreased by 0.1% year-on-year and month on month. From January to July, the ex factory prices and purchase prices of industrial producers in China decreased by 2.0% and 2.2% respectively year-on-year.

　　总的来看，7月份，经济运行总体平稳、稳中有进，高质量发展扎实推进。但也要看到，当前外部环境变化带来的不利影响增多，国内有效需求依然不足，新旧动能转换存在阵痛，经济持续回升向好仍面临诸多困难挑战。下阶段，要坚持以习近平新时代中国特色社会主义思想为指导，全面贯彻落实党的二十大和二十届二中、三中全会精神，坚持稳中求进工作总基调，完整、准确、全面贯彻新发展理念，加快构建新发展格局，因地制宜发展新质生产力，着力推动高质量发展，围绕推进中国式现代化进一步全面深化改革，加大宏观调控力度，落实落细各项政策举措，巩固经济持续回升向好基础。