The reporter learned from the National Bureau of Statistics that in the first quarter, the added value of China's service industry accounted for 61.2% of the gross domestic product, an increase of 0.5 percentage points compared to the same period last year; The contribution rate to national economic growth was 59.1%, 1.5 percentage points higher than the same period last year, driving the growth of GDP by 3.2 percentage points, and the service industry played a prominent role as a "ballast stone". The modern service industry is accelerating its development, and innovation vitality is continuously stimulated. In the first quarter, the added value of information transmission, software and information technology services, leasing and business services increased by 10.3% and 10.2% year-on-year, respectively. The rapid development of modern service industries such as information technology and business services has accumulated momentum for accelerating the cultivation of new quality productivity. In the first quarter, fixed assets investment in high-tech service industry increased by 11.6% year on year, and investment in high-tech service industry continued to grow rapidly, providing support for optimizing service supply. The growth trend of service consumption is good, and new types of consumption such as digital, green, and intelligent are flourishing. In the first quarter, the service retail sales increased by 5% year-on-year, 0.4 percentage points higher than the growth rate of commodity retail sales. The per capita service consumption expenditure of residents in China increased by 5.4% year-on-year, accounting for 43.4% of the per capita consumption expenditure of residents, an increase of 0.1 percentage points compared to the same period last year. The supply of high-quality cultural and tourism products is abundant, and the popularity of ice and snow tourism, cultural and museum tourism, theme tourism, and other activities continues to grow. In the first quarter, the e-commerce transaction volume of travel platforms increased by 5.7% year-on-year. The market activity of the service industry continues to increase, and the development expectations of related enterprises are good. In March, the production index of the service industry increased by 6.3% year-on-year, accelerating by 0.7 percentage points from January to February; The service industry business activity index was 50.3%, an increase of 0.3 percentage points from February. From market expectations, the expected index of service industry business activities in March was 57.5%, an increase of 0.6 percentage points from February and located in a relatively prosperous range. Peng Yongtao, Director of the Service Industry Survey Center of the National Bureau of Statistics, stated that in the first quarter, a package of stock policies and incremental policies worked together and continued to show results. The service industry economy achieved a good start, new driving forces and advantages were accelerated, and the potential for service consumption was continuously released. In the next stage, we need to accelerate the implementation and effectiveness of relevant policies, actively cultivate new quality productivity, fully stimulate the vitality of business entities, and promote the sustained improvement of the service industry economy. (New Society)
Edit:Lily Responsible editor:李懿
Source:xinhuanet
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