4Hsjs49k63H capital.huanqiu.com article China's manufacturing industry will continue to recover and develop /e5d59phvs/e5d5m10mv <article><section data type="rtext"><p>China News Network, May 21 -- The National Development and Reform Commission held a press conference in May on May 21. Li Chao, deputy director of the Policy Research Office of the National Development and Reform Commission and press spokesman, said at the meeting that the manufacturing PMI in March and April were both in the expansion range of more than 50%, which reflected that with the continuous emergence of macro policy effects, industrial production grew steadily, enterprise benefits improved, and the outlook and enterprise expectations continued to improve</ p> <p>From the perspective of production, the added value of the manufacturing industry in April increased by 5.7% year on year, 0.6 percentage points higher than that of the previous month; The PMI production index of manufacturing industry was 52.9%, the highest since April 2023, reflecting the accelerated production expansion of manufacturing enterprises</ p> <p>From the perspective of demand, the total retail sales of consumer goods in April maintained growth, and the export of goods resumed growth; The manufacturing PMI new order index and new export order index were 51.1% and 50.6% respectively, which also reflected the continued recovery of manufacturing market demand</ p> <adv-loader __attr__inner="7004636" __attr__style="width: auto; position: relative;float: left;border: 1px solid #ebebeb; padding: 20px;overflow: hidden;margin: 10px 30px 40px 0; "></adv-loader> <p>In terms of structure, the PMI of high-tech manufacturing industry in April was 53.0%, showing a rapid development momentum; The investment data also confirms this point. From January to April, the investment in high-tech manufacturing increased by 9.7% year on year. The optimization of investment structure has laid a solid foundation for the optimization of industrial structure. At the same time, the PMI of medium-sized enterprises and small enterprises was 50.7% and 50.3% respectively, and the production index and new order index were in the expansion range for two consecutive months, reflecting that small and medium-sized manufacturing enterprises maintained a momentum of recovery</ p> <p>Li Chao pointed out that favorable conditions are accumulating to promote the sustainable recovery and development of the manufacturing industry. For example, in the first quarter, the profits of industrial enterprises above designated size increased by 4.3% year on year for three consecutive quarters, which provided strong support for enterprises to expand reproduction; From January to April, the manufacturing investment increased by 9.7%, 5.5 percentage points higher than the total fixed asset investment; In April, the expected index of manufacturing PMI production and operation activities was 55.2%, which continued to be in a high boom range, indicating that manufacturing enterprises' confidence in future market development was generally stable</ p> <p>Li Chao said that, on the whole, China's manufacturing industry will continue to maintain the trend of recovery and development and structural optimization. Next, the National Development and Reform Commission will continue to thoroughly implement the decisions and arrangements of the Party Central Committee and the State Council, accelerate the cultivation of new quality productivity, and effectively improve the quality and efficiency of manufacturing development. We will focus on the following aspects:</p><p>In terms of expanding effective investment, we will implement ultra long term special government bonds to support the implementation of major national strategies and build security capacity in key areas, and accelerate the release of investment within the central budget and the issuance and use of special local government bonds</ p> <p>In terms of promoting domestic consumption, we will accelerate the implementation of the employment priority policy, do everything possible to stabilize employment, promote income growth, and improve residents' consumption capacity. We will accelerate the exchange of old consumer goods for new ones, expand the consumption of cars, household appliances, mobile phones and other goods and services such as culture and tourism, and intensify efforts to foster new growth points such as new consumption scenarios and new business types</ p> <p>At the same time, we should accelerate the transformation and upgrading of the manufacturing industry. Accelerate the promotion of large-scale equipment upgrading, deeply implement the action plan for improving the core competitiveness of the manufacturing industry, guide enterprises to apply advanced and applicable technologies for transformation and upgrading, and constantly improve the high-end, intelligent and green level of the manufacturing industry</ p> <p>[Edit: Liu Pai]</p></section></article> one trillion and seven hundred and sixteen billion two hundred and seventy million three hundred and seventy-two thousand five hundred and thirty-six Editor in charge: Li Xiaodan <a href=" https://www.chinanews.com.cn/cj/2024/05-21/10220556.shtml ">China News Service</a> one trillion and seven hundred and sixteen billion two hundred and seventy million three hundred and seventy-two thousand five hundred and thirty-six one one []