Various data show encouraging growth, and China's economy demonstrates strong resilience and potential
News: On June 15, the "News Broadcast" reported relevant news in the fields of transportation, people's livelihood, network information management and ecological protection in my country. In addition to a number of important financial data released by the People's Bank of China and the good news about the development of my country's foreign trade, various data showed an encouraging growth trend, and the Chinese economy demonstrated strong resilience and potential.
In May, China's overall trade in goods maintained a stable and progressive trend, and its performance was in line with expectations. From an industry perspective, the market demand for consumer electronics, home furnishings, and some high-value-added electromechanical products was stable.
First, consumer electronics products have gradually resumed growth after passing through the cyclical low. According to statistics, global shipments of mobile phones and laptops increased by about 10% and 4% respectively in the first quarter, showing a clear recovery momentum.
Second, destocking in major overseas markets for household products has achieved certain results, and there is a strong motivation to replenish inventory of furniture, textiles and clothing and other products. A series of sporting events such as the Olympic Games have also driven demand for products such as televisions. The export value of household appliances increased by 23.5% in May.
Third, the competitiveness of some high value-added electromechanical products, such as automobiles and shipbuilding products, has continued to increase, with export amounts increasing by 20.3% and 67.7% respectively in May.
He Yadong, spokesman of the Ministry of Commerce, said that the situation facing China's foreign trade development in the second half of the year is still relatively complicated, mainly manifested in the unstable growth of external demand, the strength and sustainability of replenishing inventory in major markets remain to be observed, and the number of disruptive factors such as geopolitics, trade barriers, and shipping prices has increased. Enterprises still face many uncertainties in accepting orders and fulfilling contracts. The Ministry of Commerce will effectively help enterprises to alleviate difficulties and make every effort to promote the quality and quantity of foreign trade.
my country's RMB loans increased by 11.14 trillion yuan in the first five months
Financial statistics released by the People's Bank of China on the 14th showed that my country's RMB loans increased by 11.14 trillion yuan in the first five months, of which corporate loans increased by 9.37 trillion yuan.
Data released by the People's Bank of China showed that at the end of May, the balance of RMB loans in my country was 248.73 trillion yuan, a year-on-year increase of 9.3%. In terms of different sectors, in the first five months, household loans increased by 889.1 billion yuan; corporate loans increased by 9.37 trillion yuan, of which medium- and long-term loans increased by 7.11 trillion yuan.
In terms of money supply, at the end of May, the broad money balance was 301.85 trillion yuan, a year-on-year increase of 7%; the narrow money balance was 64.68 trillion yuan, a year-on-year decrease of 4.2%.
In addition, in the first five months, my country's RMB deposits increased by 9 trillion yuan, of which household deposits increased by 7.13 trillion yuan. In addition, the social financing data released on the same day showed that at the end of May, my country's social financing scale was 391.93 trillion yuan, an increase of 8.4% year-on-year.
my country's corporate loan rate and personal mortgage rate have entered the "3" era. Compared with major international economies, they are at a relatively low level, creating a good interest rate environment for promoting economic recovery.
Since the beginning of this year, the 7-day reverse repurchase rate of the People's Bank of China's open market operation has been 1.8%, and my country's policy interest rate has remained at a low level. In recent years, the policy interest rate has steadily declined, driving the continued decline in social financing costs.
Loan interest rates are at historically low levels. In May, the weighted average interest rate for new corporate loans was 3.71%, and the interest rate for new personal housing loans was 3.64%, respectively 25 basis points and 53 basis points lower than the same period last year.
From January to May, the number of national railway passengers increased by 20.2% year-on-year
The reporter learned from the China Railway Corporation that from January to May this year, the national railway carried 1.73 billion passengers, a year-on-year increase of 20.2%, and the transportation was safe, stable and orderly. From January to May, the national railway operated an average of 10,463 passenger trains per day, an increase of 1,174 trains year-on-year, an increase of 12.7%; on May 1, 20.693 million passengers were carried, setting a new record for the number of passengers carried in a single day.
The new train operation diagram will be implemented on the national railway from the 15th
Summer travel is approaching. In order to further optimize the national railway transportation structure, the national railway will implement a new train operation diagram from 0:00 on June 15. After the adjustment, the national railway will arrange to run 12,690 scheduled passenger trains, an increase of 205 trains from before. Among them, the safety standard demonstration line of the Wuhan-Guangzhou section of the Beijing-Guangzhou High-speed Railway has been fully completed, and the Beijing-Guangzhou High-speed Railway has achieved the high-standard operation of Fuxing EMU trains at a speed of 350 kilometers per hour, and the overall transportation capacity has increased by 4.2%. This morning, the first train in the Greater Bay Area with a speed of 350 kilometers per hour departed from the Wuhan-Guangzhou High-speed Railway.
After the timetable adjustment, the Beijing-Hong Kong and Shanghai-Hong Kong high-speed rail sleeper trains were put into operation for the first time, and the Yangtze River Delta Grand Loop High-speed Railway was put into operation, connecting 21 stations in three provinces and one city in Jiangsu, Zhejiang, Shanghai, Anhui, and Jiangsu. At the same time, the train operation in the central and western regions was further increased.
In terms of freight, after the timetable adjustment, the national railway will operate 22,595 freight trains, an increase of 74 trains from before. New full-timetable China-Europe trains have been added between Chongqing, Wuhan, Yiwu, Guangzhou and other places and Duisburg, Germany, and Warsaw, Poland. Today, Yiwu's first full-timetable China-Europe train started running, and the full-timetable China-Europe train from Xi'an to Duisburg, Germany, has achieved "four trips and three returns" per week, providing stronger guarantees for the stability and smoothness of the international supply chain.
On June 15, the Xiongxin Expressway from Nanxiong, Shaoguan, Guangdong to Xinfeng, Ganzhou, Jiangxi was officially opened to traffic. The Xiongxin Expressway is about 41 kilometers long with a designed speed of 120 kilometers per hour. After its completion and opening to traffic, the driving time from Nanxiong city of Shaoguan to Xinfeng, Jiangxi will be shortened from the current 1 hour to about 30 minutes.
Recently, the Cyberspace Administration of China, together with the Ministry of Public Security, the Ministry of Culture and Tourism, and the National Radio and Television Administration, announced the "Regulations on the Management of Online Violence Information", proposing specific management measures such as strengthening the prevention and early warning of online violence information, establishing a system for handling information and accounts, and establishing a user protection mechanism. The "Regulations" will come into effect on August 1, 2024.
The number of people using electronic social security cards nationwide has exceeded 1 billion
The number of people who have received electronic social security cards has exceeded 1 billion. The electronic social security card has opened 100 national services and more than 1,000 local services.
On June 14, Changbai Mountain World Geopark was officially unveiled in Changbai Mountain Protection and Development Zone, Jilin. In March this year, UNESCO announced a new batch of World Geopark Network List, Changbai Mountain was among them. Changbai Mountain World Geopark is characterized by Quaternary volcanic landform relics and is the area with the largest number of volcanoes, the highest density and the widest distribution of volcanic rocks in East Asia.
