China News Service, May 15 According to the National Bureau of Statistics website, the National Bureau of Statistics released national fixed asset investment data from January to April on the 15th. Ding Yong, chief statistician of the Investment Department of the National Bureau of Statistics, explained that the data has the following characteristics: Three The decline in investment in large areas has been narrowed; investment in high-tech fields has improved; investment in education, health, power and other livelihood areas has increased or decreased from the decline; private investment continues to improve; total investment in new construction projects has changed from negative to positive.
As the trend of prevention and control of the new coronary pneumonia epidemic continued to consolidate, a series of stable investment policies took effect, new investment projects were started and construction efforts were further accelerated, and the trend of narrowing investment declines became more apparent. From January to April 2020, national fixed asset investment (excluding rural households) decreased by 10.3% year-on-year, which was 5.8 and 14.2 percentage points narrower than those in the first quarter and January-February. From January to April, fixed asset investment showed the following characteristics:
1. The decline in investment in the three major areas has narrowed
From January to April, infrastructure investment fell by 11.8% year-on-year, a decrease of 7.9 percentage points from the first quarter. Among them, the decline in investment in the information transmission industry narrowed by 10.0 percentage points, the decline in investment in the transportation and postal industry narrowed by 8.5 percentage points, the decline in investment in the water conservancy industry narrowed by 7.6 percentage points, and the decline in investment in the public facilities management industry narrowed by 6.9 percentage points.
From January to April, manufacturing investment fell by 18.8%, a decrease of 6.4 percentage points from the first quarter. Among them, the decline in investment in equipment manufacturing and consumer goods manufacturing narrowed by 7.2 and 4.7 percentage points, respectively.
From January to April, investment in real estate development fell by 3.3%, a decrease of 4.4 percentage points from the first quarter.
2. Investment in the high-tech sector is improving
From January to April, the investment in high-tech industries fell by 3.0% year-on-year, a decrease of 9.1 percentage points from the first quarter, and a decrease of 7.3 percentage points from the total investment.
Investment in high-tech manufacturing fell by 3.6%, a decrease of 9.9 percentage points from the first quarter and 15.2 percentage points less than the decline in total manufacturing investment. Some of these high-tech manufacturing investments have grown, with biopharmaceutical product manufacturing increasing by 18.3%, computer and office equipment manufacturing increasing by 15.4%, and special instrument manufacturing increasing by 4.6%.
The investment in high-tech service industry decreased by 1.7%, which was 7.3 percentage points narrower than that in the first quarter, and 6.1 percentage points less than that of the entire service industry. In the high-tech service industry, investment in the transformation of scientific and technological achievements in the service industry increased by 28.0%, investment in the e-commerce service industry increased by 25.6%, and investment in the professional technology service industry increased by 12.5%.
3. Investment in education, health, electricity and other areas of people's livelihood changes from falling to increasing or accelerating
From January to April, education investment increased by 2.9% year-on-year, down by 4% in the first quarter; health investment increased by 4.7%, down by 0.9% in the first quarter.
From January to April, investment in the production and supply of electricity, heat, gas, and water increased by 7.6%, an increase of 5.6 percentage points from the first quarter.
4. Private investment continues to improve
From January to April, private investment fell by 13.3% year-on-year, a decrease of 5.5 percentage points from the first quarter. Among them, the decline in private investment in infrastructure narrowed by 7.4 percentage points, the decline in private investment in manufacturing narrowed by 6.1 percentage points, the decline in private investment in real estate development narrowed by 4.6 percentage points, the decline in private investment in social fields narrowed by 5.9 percentage points, agriculture, forestry, animal husbandry and fishery The decline in private investment narrowed by 8.2 percentage points.
5. The total investment of the newly started project plan changes from negative to positive
With the acceleration of the stable investment policy, investment in newly-launched projects, especially large ones, has increased significantly. In April, there were 22,693 new construction projects (excluding real estate development projects, the same below), an increase of 10,695 from March; of which 5,614 new construction projects with a value of more than 100 million yuan, an increase of 2,660 from March and an increase of 1,509 from the same period last year . From January to April, the total investment of newly-started projects increased by 1.1%, from negative to positive, reflecting the steady improvement of investment activities.
Driven by the accelerated construction of investment projects, the operating rate and operating time of major construction machinery have increased more than in the same period of previous years. At the same time, the output of construction machinery products increased rapidly. In April, the output of excavation, shovel transportation machinery and concrete machinery increased by 40.8% and 40.7% respectively.