China News Service, May 17th. The spokesperson of the National Bureau of Statistics, Fu Linghui, said on the 17th that from the performance of the national economy in April, due to the gradual increase in the base figure in the same period last year, most production and demand indicators were higher than those in March. The growth rate of the month has dropped.

However, judging from the two-year average growth rate and the month-on-month growth rate, economic operations continue to maintain a stable recovery trend.

　　The State Council Information Office held a press conference on the 17th. The spokesperson of the National Bureau of Statistics introduced the operation of the national economy in April 2021 and answered questions from reporters.

A reporter asked: Judging from the data released, the growth rate of major economic indicators in April has dropped significantly from that in March. What new conditions have emerged in the economic operation?

How to evaluate the performance of the national economy in April?

　　Fu Linghui said that from the situation in April, due to the gradual increase in the base figure in the same period last year, most production and demand indicators have fallen back compared with March.

However, judging from the two-year average growth rate and the month-on-month growth rate, economic operations continue to maintain a stable recovery trend.

At the same time, employment and prices are generally stable, the development of new momentum continues to grow, and business expectations and benefits have improved.

On the whole, the recovery trend of economic operations has not changed.

Specifically, there are three characteristics.

　　First, production has been rising steadily and demand has continued to expand.

In terms of production, the year-on-year growth rate of industrial added value above designated size in April was an average of 6.8% in two years, an increase of 0.6 percentage point from the previous month.

The service industry production index increased by an average of 6.2% year-on-year in two years. Although it has fallen from the previous month, it still maintains a steady growth trend as a whole.

In terms of demand, exports have maintained rapid growth. In April, exports increased by 14.7% year-on-year on average for two years, which was faster than the previous month.

The total retail sales of consumer goods in April increased by 4.3% year-on-year on average for two years, continuing to maintain a steady growth trend.

From January to April, the two-year average growth of fixed asset investment was 3.9% year-on-year, which was 1 percentage point higher than that from January to March.

　　Second, employment is generally stable, and consumer prices have maintained a moderate increase.

In April, the nationwide surveyed unemployment rate in urban areas was 5.1%, a decrease of 0.2 percentage points from the previous month.

From the perspective of employment subjects, the 25-59 year old employment subject population survey unemployment rate was 4.6%, a decrease of 0.2 percentage points from the previous month.

In the first four months, the number of new jobs in cities and towns across the country reached 4.37 million, and employment is expanding overall.

In terms of prices, consumer prices in April rose by 0.9% year-on-year, maintaining a moderate upward trend.

　　Third, the new drivers of development continued to grow, and the vitality of market players increased.

From the perspective of new momentum, among the industries above designated size, the equipment manufacturing industry and high-tech manufacturing industry grew 11.2% and 11.6% on average year-on-year respectively, which was significantly faster than the growth rate of the added value of all industries above designated size.

Green, low-carbon and smart new products have also maintained rapid growth. The two-year average growth rate of new energy vehicles and industrial robots has maintained double-digit growth.

　　From the perspective of online sales, the online retail sales of physical goods from January to April increased by 15.6% year-on-year on average in two years, 0.2 percentage points faster than January-March.

From the perspective of market players, corporate profits have continued to grow rapidly. From January to March, the profits of industrial enterprises above designated size increased by 1.4 times year-on-year, with an average growth rate of 22.6% over the past two years, maintaining rapid growth.

From the perspective of business expectations, both the manufacturing PMI and the service industry business activity index have remained above the threshold for 14 consecutive months, which indicates that the vitality of enterprises is also continuously improving.

　　Fu Linghui pointed out that, of course, we must also be aware that the current international situation is still relatively complex, there are still uncertainties in the development of the global epidemic, and the prospects for the recovery of the world economy are still facing many uncertain factors.

The domestic economic recovery is still in the process of recovery, and imbalances still exist during the recovery.

Recently, the prices of industrial products have risen relatively rapidly, which has increased the pressure on the production and operation of enterprises.

In the next stage, in accordance with the deployment of the central government, we must continue to seize the current window period with less pressure for stable growth, scientifically and accurately implement macroeconomic policies, and promote stable economic operation within a reasonable range.

At the same time, it is necessary to further deepen the supply-side structural reforms to promote high-quality economic development.