en.Wedoany.com Reported - Data released by China's National Bureau of Statistics on May 18 shows that from January to April this year, the value-added of industrial enterprises above designated size increased by 5.6% year-on-year, with the value-added of the equipment manufacturing sector growing by 8.7%, contributing over half of the industrial growth. The value-added of high-tech manufacturing increased by 12.6% year-on-year, among which the output of 3D printing equipment grew by 50.9%, lithium-ion battery output rose by 36%, industrial robot output increased by 25.7%, and the value-added of industries such as aircraft manufacturing and biopharmaceutical manufacturing grew by 25.7% and 12% respectively.
In the service sector, the service production index grew by 4.9% year-on-year from January to April, with the production indices for information transmission, software and information technology services, and leasing and business services increasing by 10.9% and 9.3% respectively. In foreign trade, the total value of goods imports and exports increased by 14.9% year-on-year. The export value of green and low-carbon products such as electric vehicles and wind power generating units grew by over 40%, and the export value of high-tech products rose by 27.6%.
The investment structure continued to optimize. From January to April, investment in high-tech industries increased by 6.1% year-on-year, a growth rate significantly faster than that of total investment. Investment in aerospace vehicle and equipment manufacturing grew by 17.9%, investment in computer and office equipment manufacturing rose by 13.9%, and the layout in frontier fields such as artificial intelligence, embodied intelligence, and 6G accelerated.
National Bureau of Statistics spokesperson Wang Guanhua stated: "Looking at the April data, the economy has continued its development trend toward innovation and quality, demonstrating strong resilience and vitality amidst a complex and volatile external environment. Such a situation has not come easily." He also pointed out that the current economic operation faces issues such as the deepening impact of changes in the external environment and prominent contradictions between strong domestic supply and weak demand. The next step requires fully utilizing macro policies to enhance the internal driving forces of development.
Tian Lihui, Dean of the Institute of Financial Development at Nankai University, analyzed: "The industrial data performance highlights the resilient foundation and structural breakthroughs of the Chinese economy. High-tech industries and equipment manufacturing have become the core engines of industrial growth, confirming that new quality productive forces are transforming from 'concepts' into 'real increments.'" Wang Qing, Chief Macro Analyst at Golden Credit Rating, believes that manufacturing investment has the potential to accelerate. High-tech manufacturing products such as chips, robots, and lithium-ion batteries face a market environment of strong supply and demand, which will drive relatively rapid investment growth in related fields. Wen Bin, Chief Economist at China Minsheng Bank, stated that subsequent focus should be on the efficiency of fiscal fund implementation, the repair of real economy financing demand, and the impact of pig production capacity adjustments on prices.
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