Original title: Multiple indicators recovered in April - (quotation)
Expected improvement of enterprise production and operation (theme)
According to the data of the National Bureau of Statistics, in April, the enterprise production index was 52.9%, up 0.7 percentage points from the previous month, the highest since April 2023. At the same time, the development index of small and medium-sized enterprises in April was 89.4, up 0.1 points from the previous month, rising for two consecutive months. Since this year, the economy has made a good start, and the production and operation expectations of enterprises have continued to improve.
Significant pulling effect of service industry
According to the data from the Association of Small and Medium Enterprises, in April, the indexes of transportation, postal storage, wholesale and retail, social service and information transmission computer service software rose 0.2, 0.1, 0.5 and 0.1 points respectively from the previous month, and the social service index rose significantly. "Unlike in the past, the rise of the index was mainly driven by industry. In April, the recovery of the service industry became an important factor driving the recovery of the index." Zhu Yu, the full-time vice president of the China Association of Small and Medium Enterprises, said that with the effect of the steady growth policy accelerating, the consumption scene recovered orderly, and the service demand, especially the contact and agglomeration demand, continued to release, The service industry as a whole maintained rapid growth.
Zhao Qinghe, senior statistician of the Service Industry Survey Center of the National Bureau of Statistics, said that among the 21 industries surveyed, the business activity index of 15 industries was higher than the critical point, an increase of 3 from last month, and the prosperity of the service industry has expanded. Among them, the business activity index of railway transportation, road transportation, postal service, telecommunications, radio and television, satellite transmission services and other industries is higher than 55%, and the total business volume is growing rapidly. From the perspective of market expectations, the expected index of business activities in the service industry is 57.4%, which continues to maintain a high boom range. Service enterprises continue to be optimistic about the market development prospects.
In April, the service industry production index increased by 3.5% year on year, down from the previous month. Liu Aihua, spokesman of the National Bureau of Statistics, chief economist, and director of the Department of Comprehensive Statistics of the National Economy, analyzed that this was mainly due to the high base brought about by the holiday. According to preliminary calculation, the high base factor brought about by the holiday stagger month has affected the year-on-year growth rate of the service industry production index to fall by more than 1 percentage point. After deducting the holiday stagger month factor, the service industry has generally operated stably and continued to recover.
Manufacturing capacity released quickly
In April, market demand continued to recover, enterprise production accelerated, and the manufacturing PMI was 50.4%, expanding for two consecutive months. Among them, the expected index of production and operation activities is 55.2%, which continues to be in a high boom zone. Liu Aihua said that this shows that manufacturing enterprises have overall stable confidence in recent market development.
Zhao Qinghe said that the manufacturing PMI was in the expansion range for two consecutive months, which means that the manufacturing industry continues to maintain a recovery trend. From the perspective of industry, the production index of chemical fiber, rubber and plastic products, railway, ship, aerospace equipment and other industries are all in a relatively high boom zone of more than 55%, and the production capacity of enterprises is released rapidly.
"In the first quarter of this year, we achieved sales revenue of 36.6 million yuan, an increase of 2.6 million yuan or 8% over the same period last year." Xie Youhua, chairman of Yunxi Jingcheng Auto Parts Co., Ltd., told reporters that the growth of sales revenue was mainly due to the deep cultivation of enterprises in new energy differential technology. Among them, the mass production of passenger car differential housing newly developed by Chery Automobile, the downstream customer of the enterprise, and the growth of product sales of Magna Power Assembly (Jiangxi) Co., Ltd. have increased the amount of new orders of the enterprise by about 4 million yuan compared with the same period last year.
Zhu Yu believes that there are good basic conditions for the development of small and medium-sized enterprises in China's manufacturing industry. On the one hand, the development of new quality productivity effectively promotes the acceleration of manufacturing production, and specialized and new small and medium-sized enterprises gradually become an important support for China to build a more innovative, higher value-added, safer and controllable modern industrial system; On the other hand, the policy helps the transformation and upgrading of manufacturing enterprises, the digital transformation promotes the high-end and intelligent upgrading of SMEs, and funds support SMEs to increase investment in technology R&D and improve production efficiency.
Continue to consolidate confidence in development
The PMI of the manufacturing industry was in the expansion range for two consecutive months, which also benefited from the equipment renewal and the old for new policy. Zhu Yu analyzed that recently, various regions have issued implementation plans and operating rules for the trade in of consumer goods, cars, etc. Various subsidies and preferences have attracted consumers to participate in the trade in, and the order volume of trade in has increased, promoting the production and marketing of small and medium-sized enterprises to improve.
Not long ago, the Action Plan for Promoting Large scale Equipment Renewal and Consumer Goods Swapping for New was released, which proposed that by 2027, the scale of equipment investment should increase by more than 25% compared with 2023, and the energy efficiency of major energy consuming equipment in key industries should basically reach the level of energy conservation. Zhao Chenxin, deputy director of the National Development and Reform Commission, said that this policy can not only promote consumption, stimulate investment, effectively enhance economic vitality, but also increase advanced production capacity, promote energy conservation and carbon reduction, and reduce security risks. While bringing development opportunities to enterprises, it also meets the growing needs of the people for a better life.
It should also be noted that at present, SMEs generally face problems such as unstable expectations, lack of confidence, weak demand, rising costs, income increase without increasing profits, arrears of accounts receivable, weak innovation ability, difficulties in transformation and upgrading, and the business environment needs to be further improved. In April, the macroeconomic perception index reflecting enterprise confidence was 98.9, down 0.1 points from the previous month.
"To consolidate the confidence in the development of SMEs, we need to actively take countermeasures and continue to optimize the business environment." Zhu Yu suggested that we should minimize ownership differences in the system and law, and implement fair competition. Provide financial guarantee and support for SMEs through loans, tax cuts, incentives and other means. We will improve the judicial security mechanism, promote the integrity of government agencies, state-owned enterprises and institutions, and safeguard the legitimate rights and interests of enterprises. We will establish a social credit system, strengthen the incentive and restraint mechanisms for dishonesty, and accelerate the resolution of the arrears of accounts receivable of small and medium-sized enterprises. (Reporter Li Pengda)
