Economy

The added value of industrial enterprises above designated size increased by 5.9% year-on-year in the first two months

2025-03-18   

The National Bureau of Statistics released the performance of the national economy for the previous two months on the 17th. Data shows that from January to February, the industrial service industry grew rapidly, consumer investment continued to improve, the overall employment situation remained stable, new quality productivity grew and expanded, the economic operation started steadily, and the development trend showed a new positive trend. Industrial production is growing rapidly, and the growth of equipment manufacturing and high-tech manufacturing is accelerating. From January to February, the added value of industrial enterprises above designated size in China increased by 5.9% year-on-year, accelerating by 0.1 percentage points compared to the whole year of the previous year. Among them, the added value of equipment manufacturing industry increased by 10.6% year-on-year, accelerating by 2.9 percentage points compared to the whole year of last year; The added value of high-tech manufacturing increased by 9.1%, accelerating by 0.2 percentage points. The service industry is growing well, and the modern service industry is growing rapidly. From January to February, the national service industry production index increased by 5.6% year-on-year, accelerating by 0.4 percentage points compared to the whole year of the previous year. The market sales growth is accelerating, and the sales of goods related to trade in are good. From January to February, the total retail sales of consumer goods reached 8373.1 billion yuan, a year-on-year increase of 4.0%, which was 0.5 percentage points faster than the previous year. The policy of exchanging old for new consumer goods continues to be effective, with retail sales of communication equipment, cultural office supplies, furniture, household appliances, and audiovisual equipment for units above designated size increasing by 26.2%, 21.8%, 11.7%, and 10.9% respectively. The national online retail sales reached 2276.3 billion yuan, a year-on-year increase of 7.3%. (New Society)

Edit:Yao jue Responsible editor:Xie Tunan

Source:People's Daily

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