The National Bureau of Statistics recently released data. According to preliminary calculations, in the first half of the year, the added value of the service industry was 30,486.8 billion yuan, a year-on-year increase of 1.8%.

The added value of the service industry accounted for 54.2% of the GDP, contributing 40.6% to the national economic growth, driving the GDP growth by 1 percentage point, showing development resilience.

  "In the first half of the year, in the face of the complex and severe international environment and the severe impact of the domestic epidemic, my country efficiently coordinated epidemic prevention and control and economic and social development, the service industry economy gradually stabilized under pressure, and the main indicators improved marginally, recovering since June. The pace has accelerated, the development momentum has been steadily improved, and the business climate has stabilized and improved," said Li Suoqiang, director of the Service Industry Survey Center of the National Bureau of Statistics.

  The marginal improvement of the economic operation of the service industry.

In May, the year-on-year decline in the service sector production index narrowed compared to April; the pace of recovery accelerated in June, with the production index turning from negative to positive, up 1.3 percent year-on-year.

The recovery of production and operation indicators of enterprises accelerated. From January to May, the operating income of service enterprises above designated size increased by 4.6% year-on-year, 0.4 percentage points faster than that from January to April.

  "Since June, with the improvement of the national epidemic prevention and control situation, the order volume has rebounded rapidly, the intra-city distribution business has been promoted in an orderly manner, and the business in personal services, non-meal scenarios and other fields has grown rapidly, the company has achieved stable operations, and core business indicators have continued to increase. Good." said the relevant person in charge of SF Express.

  In the first half of the year, the added value of information transmission, software and information technology services, and the financial industry increased by 9.2% and 5.5% year-on-year respectively; online retail sales of physical goods increased by 5.6% year-on-year, accounting for 25.9% of the total retail sales of consumer goods in the same period. It increased by 2.2 percentage points in the same period of the year... The new kinetic energy of the service industry has an obvious supporting role, and new business forms continue to be active.

  In June, the overall situation of domestic epidemic prevention and control has stabilized and improved, the resumption of business and market resumption is steadily progressing, various policies and measures to help enterprises have been implemented and effective, and the prosperity of the service industry has returned to the expansion range.

The service industry business activity index rebounded to 54.3 percent, up 7.2 percentage points from May.

The prosperity of the service industry expanded significantly. Among the 21 industries surveyed, the business activity index in the expansion range increased from 6 in May to 19.

From the perspective of market expectations, the service industry business activity expectation index was 61%, an increase of 5.8 percentage points from May, and business confidence continued to recover.

  Image source: National Bureau of Statistics

  "In the first half of the year, the service industry saw a recovery in economic growth, but the domestic and foreign environments were still complicated and uncertain, and the problems of unbalanced recovery and weak foundations in the service industry were still obvious." Li Suoqiang said that in the next stage, it is necessary to thoroughly implement the The Party Central Committee and the State Council have made decisions and arrangements to efficiently coordinate epidemic prevention and control and economic and social development, implement a package of policies and measures to stabilize the economy, continue to tap market potential, expand domestic demand and promote consumption, and focus on consolidating the continuous recovery of the service industry economy, in order to stabilize the macroeconomic market. Lay a solid foundation.

(Reporter Wei Yukun)