Speeding up transportation and logistics reflects economic recovery
2023-04-13
The transportation and logistics industry achieved remarkable results in the first quarter: railways sent a total of 753 million passengers, a year-on-year increase of 66%; 970 million tons of goods, a year-on-year increase of 2.3%; The transportation volume of the Three Gorges Hub increased by 22.08% year-on-year, which is the highest freight volume during the same period in the past 20 years of operation... From the data, it can be seen that China's economy is accelerating and recovering significantly. Transportation and logistics are the "arteries" of national economic development and important support for ensuring people's livelihoods. After the implementation of COVID-19 infection "Class B and Class B management", the economic and social order has gradually returned to the right track, and the flow of logistics, people and information flow has accelerated, driving the traffic and logistics data to improve. During the Qingming Festival, 23.7664 million domestic tourists traveled, an increase of 22.7% compared to last year's Qingming Festival. The urban rail transit data also confirms this point. In March, 54 cities operating rail transit in China completed a total of 2.54 billion passenger trips, an increase of 550 million compared to the average passenger volume in 2019. With the return of social order to normal, China's economy is showing a recovery trend. From the data, whether it is the manufacturing PMI that has been in the expansion range for three consecutive months or the year-on-year increase of 3.2% in industrial electricity consumption in the first two months, it indicates that China's economic development has both improved in quality and efficiency, and market expectations have significantly improved. The rapid increase in manufacturing capacity has driven high growth in the transportation of bulk commodities such as energy and raw materials. The total retail sales of consumer goods have resumed growth, especially the rapid growth and proportion increase of online retail sales of physical goods, which has driven the rapid growth of the postal and express delivery industry. The changes in data are closely related to the improvement of transportation and logistics efficiency, reflecting the high-quality development of the industry. Since the beginning of this year, China has continued to increase the construction of a strong transportation country, significantly enhanced innovation in transportation technology, and deepened the green and low-carbon transformation. Especially in the postal and express delivery industry, efforts have been made to improve privacy protection and operational efficiency through digital and green reforms. At the same time, we will strengthen industrial integration and upgrading, continuously sink our service network, and enhance the supply chain capacity of the industry's service industry chain. Various regions and departments prioritize the restoration and expansion of consumption, encourage and drive investment from the whole society, and comprehensively implement policies to unleash the potential of domestic demand, including in the field of transportation and logistics. In the first quarter, the fixed assets investment of China's railways reached 113.55 billion yuan, the highest level of railway investment in the same period in the past 10 years, which will effectively drive upstream and downstream investment, consolidate the foundation for economic recovery, and further improve transport infrastructure to provide solid support for future development. It should also be noted that the foundation for China's economic recovery is not yet solid, and the triple pressures of demand contraction, supply shock, and weakening expectations are still significant. In March, the CPI increased by 0.7% year-on-year, marking the first time this year that it has dropped below "1" and the new low since October 2021, reflecting that insufficient total demand remains a prominent contradiction in the current economic operation. Therefore, on the basis of in-depth investigation and research, it is necessary to solidly carry out economic operation monitoring, situation analysis, and countermeasure research, timely introduce practical and effective policy measures, further stabilize market expectations, boost development confidence, consolidate the momentum of expansion, and promote the continuous improvement of economic operation as a whole. (New News Agency)
Edit：Hou Wenzhe Responsible editor：WeiZe
Source：economic dairy
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