National economy in May: High-tech manufacturing industry grew rapidly, and investment in high-tech industries increased well.

  Cctv news: On June 14th, the State Council held a press conference on the operation of the national economy in May. Fu Linghui, spokesperson of the National Bureau of Statistics, introduced the operation of the national economy in May 2019 and answered questions from reporters. It is reported that this is also the first time that Director Fu has met with reporters.

  Fu Linghui introduced at the meeting that in May, the national economy continued to operate in a reasonable range, continuing the overall stable, steady and progressive development trend.

  First, the service industry continued to grow, and the emerging service industry developed in depth.

  In May, the national service industry production index increased by 7.0% year-on-year, and the growth rate dropped by 0.4 percentage points from the previous month. From January to May, the national service industry production index increased by 7.3% year-on-year, 0.1 percentage point lower than that in January-April, and the same as that in January-February. In May, information transmission, software and information technology services, leasing and business services increased by 22.2% and 8.4% respectively year-on-year, and the growth rate was faster than the national service industry production index by 15.2 and 1.4 percentage points respectively. The business activity index of service industry was 53.5%, up 0.2 percentage points from last month, and remained above threshold. The business activity indexes of railway transportation, air transportation, postal service, accommodation, telecommunications, broadcasting, television and satellite transmission services, and Internet software and information technology services are all in the higher boom zone of more than 60.0%. The expected index of service business activities is 59.5%, which is at a high level.

  Second, industrial production has increased steadily, and high-tech manufacturing has grown rapidly.

  In May, the added value of industrial enterprises above designated size increased by 5.0% year-on-year, and the growth rate dropped by 0.4 percentage points from last month. From January to May, the added value of industrial enterprises above designated size increased by 6.0% year-on-year, and the growth rate dropped by 0.2 percentage points from January to April. In terms of economic types, in May, the added value of state-owned holding enterprises increased by 3.7% year-on-year, joint-stock enterprises increased by 6.6%, and foreign-invested enterprises from Hong Kong, Macao and Taiwan decreased by 0.3%. In terms of three categories, the added value of mining industry increased by 3.9% year-on-year, manufacturing industry increased by 5.0%, and electricity, heat, gas and water production and supply industries increased by 5.9%. The added value of high-tech manufacturing increased by 9.4% year-on-year, 4.4 percentage points faster than that of industries above designated size; The output of new energy vehicles and solar cells increased by 16.0% and 9.9% respectively. In May, the manufacturing purchasing managers index (PMI) sub-index, the production index and supplier delivery time index were 51.7% and 50.9%, respectively, both above the critical point.

  Third, the growth rate of market sales accelerated, and the proportion of online retail continued to increase.

  In May, the total retail sales of social consumer goods was 3,295.6 billion yuan, up 8.6% year-on-year, and the growth rate was 1.4 percentage points higher than that of last month. According to the location of business units, the retail sales of urban consumer goods was 2,830.4 billion yuan, an increase of 8.5% year-on-year; The retail sales of rural consumer goods reached 465.2 billion yuan, up by 9.0%. According to consumption types, catering revenue was 363.1 billion yuan, an increase of 9.4%; Retail sales of commodities reached 2,932.4 billion yuan, an increase of 8.5%. The retail sales of cosmetics, beverages, daily necessities, Chinese and western medicines above designated size increased by 16.7%, 12.7%, 11.4% and 11.2% respectively, which was 8.1, 4.1, 2.8 and 2.6 percentage points faster than the total retail sales of social consumer goods respectively.

  From January to May, the total retail sales of social consumer goods reached 16,133.2 billion yuan, up 8.1% year-on-year, and the growth rate was 0.1 percentage point faster than that in January-April. The national online retail sales reached 3,864.1 billion yuan, up 17.8% year-on-year, and the growth rate was the same as that in January-April, 2.5 percentage points faster than that in January-March. Among them, the online retail sales of physical goods was 3,041.5 billion yuan, up 21.7%, accounting for 18.9% of the total retail sales of social consumer goods, up 0.3 and 0.7 percentage points respectively from January to April and January to March, and up 2.3 percentage points from the same period of last year.

  4. Investment maintained growth, and investment in high-tech industries grew well.

  From January to May, the national investment in fixed assets (excluding farmers) was 21,755.5 billion yuan, up 5.6% year-on-year, and the growth rate was 0.5 percentage points lower than that in January-April. Among them, private investment was 13,082.3 billion yuan, an increase of 5.3%. In terms of industries, investment in the primary industry decreased by 2.3% year-on-year; Investment in the secondary industry increased by 3.2%, of which investment in manufacturing industry increased by 2.7%, 0.2 percentage points faster than that in January-April; Investment in the tertiary industry increased by 7.1%, of which infrastructure investment increased by 4.0%. Investment in high-tech industries grew rapidly. Investment in high-tech manufacturing and high-tech service industries increased by 10.2% and 15.6% respectively year-on-year, and the growth rate was 4.6 and 10.0 percentage points faster than the total investment. From January to May, the national investment in real estate development was 4,607.5 billion yuan, up by 11.2% year-on-year. The growth rate dropped by 0.7 percentage points from January to April and accelerated by 1.7 percentage points over the previous year. The national commercial housing sales area was 555.18 million square meters, down 1.6% year-on-year; The national sales of commercial housing reached 5,177.3 billion yuan, up 6.1% year-on-year.

  V. The employment situation is generally stable, and the survey unemployment rate is flat.

  From January to May, 5.97 million new jobs were created in cities and towns nationwide, accounting for 54% of the annual plan. In May, the national urban survey unemployment rate was 5.0%, the same as last month. Among them, the survey unemployment rate of the population aged 25-59 was 4.5%, which was 0.2 percentage points lower than that of the previous month and dropped for three consecutive months. The survey unemployment rate in 31 big cities and towns was 5.0%, which was the same as last month. The average weekly working hours of employees in enterprises nationwide were 46.3 hours, an increase of 0.5 hours year-on-year.

  Six, the consumer price rose moderately, and the price increase of industrial producers fell back.

  In May, the national consumer price rose by 2.7% year-on-year, an increase of 0.2 percentage points over the previous month, which was the same as the previous month. By category, the prices of food, tobacco and alcohol rose by 5.8%, clothing by 1.7%, housing by 1.8%, daily necessities and services by 1.0%, transportation and communication by 0.9%, education, culture and entertainment by 2.6%, medical care by 2.5% and other goods and services by 2.1%. After deducting food and energy prices, the core CPI rose by 1.6%, down 0.1 percentage point from last month. From January to May, the national consumer price rose by 2.2% year-on-year.

  In May, the ex-factory price of industrial producers nationwide rose by 0.6% year-on-year, down by 0.3 percentage points from the previous month and up by 0.2% from the previous month. The purchase price of industrial producers nationwide rose by 0.2% year-on-year, which was flat from the previous month. From January to May, the ex-factory price and the purchase price of national industrial producers rose by 0.4% and 0.2% respectively.

  7. Exports maintained rapid growth and the trade structure was constantly optimized.

  In May, the total import and export volume was 2,592.5 billion yuan, a year-on-year increase of 2.9%. Among them, exports were 1,435.8 billion yuan, an increase of 7.7%; Imports reached 1,156.7 billion yuan, down 2.5%. Import and export balance, trade surplus of 279.1 billion yuan, an increase of 89.8%. From January to May, the total import and export volume was 12,104.1 billion yuan, a year-on-year increase of 4.1%. Among them, exports were 6,498.7 billion yuan, an increase of 6.1%; Imports reached 5,605.3 billion yuan, up by 1.8%. The structure of trade mode was further optimized. From January to May, the import and export of general trade increased by 6.1% year-on-year, accounting for 59.9% of the total import and export, up by 1.1 percentage points over the same period of last year. The import and export of private enterprises increased by 11.1%, accounting for 41.4% of the total import and export, an increase of 2.6 percentage points over the same period of last year. From January to May, industrial enterprises above designated size achieved a export delivery value of 4,763.4 billion yuan, a year-on-year increase of 4.4%.

  8. Deepening structural reform on the supply side and improving the efficiency of service enterprises.

  At the end of April, the asset-liability ratio of industrial enterprises above designated size was 56.8%, down 0.5 percentage points year-on-year. Commercial housing inventory decreased. At the end of May, the area of commercial housing for sale in China was 509.28 million square meters, down 9.1% year-on-year, down 4.53 million square meters from the end of April. The unit cost of enterprises is lower than that at the beginning of the year. Investment in the short-board sector has increased. From January to May, the investment in ecological protection, environmental management and education increased by 41.5% and 15.4% respectively, which was 35.9 and 9.8 percentage points faster than the total investment.

  From January to April, the operating income of service enterprises above designated size increased by 9.8% year-on-year, among which the strategic emerging service industry, science and technology service industry and high-tech service industry increased by 12.1%, 11.9% and 11.9% respectively, which were 2.3, 2.1 and 2.1 percentage points faster than all service industries above designated size. The operating profit of service enterprises above designated size increased by 9.2% year-on-year, and the growth rate was 0.8 percentage points higher than that of the same period of last year. From January to April, the operating income of industrial enterprises above designated size increased by 5.1% year-on-year, and the total profit decreased by 3.4% year-on-year. From January to April, the profit rate of operating income of industrial enterprises above designated size was 5.52%, 0.21 percentage points higher than that in January-March.

  Fu Linghui said that, on the whole, the national economy in May was generally stable, steady and progressing, and continued to operate in a reasonable range. At present, the external environment is unstable and uncertain, the problem of insufficient domestic development imbalance is still outstanding, and the foundation of sustained and healthy economic development needs to be consolidated.

Make a real move to stabilize foreign trade! In the first eight months of this year, China’s import and export of goods was basically the same as that of the same period last year.

  This year, the global economic growth slowed down obviously, which brought great pressure and challenges to stabilizing foreign trade. However, after a series of comprehensive measures to stabilize foreign trade support policies, in the first eight months of this year, China’s import and export of goods were basically the same year-on-year.

  Among them, exports achieved month-on-month growth for three consecutive months, showing strong resilience. All localities and departments are also trying to increase the intensity of service enterprises.

  Multi-party efforts to stabilize foreign trade measures frequently "innovate"

  As a new foreign trade format with rapid development in China, cross-border e-commerce is an important way for many enterprises to obtain orders.

  Since the beginning of this year, in order to get more orders, many enterprises have chosen to enter overseas cross-border e-commerce platforms, but overseas platforms also have the risk of bankruptcy. How to solve the worries of enterprises, look at the practice of Ningbo, Zhejiang.

  This foreign trade enterprise in Ningbo, Zhejiang Province covers furniture, household goods, fitness products, holiday products and so on. Since it was sold on an e-commerce platform in North America, it has exceeded $10 million in sales in the first year. At present, enterprises intend to enter more overseas e-commerce platforms.

  Zhou Wenyi, Managing Director of Ningbo Excelle Group:In the near future, we plan to enter 2 ~ 3 new platforms in North America to further expand new overseas markets.

  Zhou Wenyi told reporters that most cross-border e-commerce platforms require sellers to open accounts in the platform. After consumers place an order for payment, it will take half a month to two months before the seller can withdraw the payment. During this period, once the platform encounters risks, the sales of enterprises may not be collected.

  In order to enable the majority of small and medium-sized enterprises to boldly expand the market with the help of cross-border e-commerce platforms. China Xinbao, the only policy insurance company in China, innovatively launched cross-border e-commerce insurance to provide security for the export of cross-border e-commerce products.

  Lai Yi, Account Manager of China Xinbao Ningbo Branch:The new cross-border e-commerce insurance is based on the sales agreement between cross-border e-commerce enterprises and platforms in China, covering risks such as the bankruptcy of platforms, ensuring the safety of the whole fund with a small premium, and allowing small and medium-sized enterprises to expand overseas markets with confidence.

  According to reports, the rate of cross-border e-commerce insurance is comprehensively determined according to factors such as insurance scale, account period, industry of the enterprise, and credit standing of cross-border e-commerce platform. Take Ningbo as an example, their insurance cost is equivalent to about 2% of the product profit. If there is a risk on the platform after insurance, China Xinbao will generally complete the loss assessment within 4 months, and the amount of compensation will be 80%-90% of the sales.

  It is understood that since the pilot of cross-border e-commerce insurance in Ningbo, more than 10 enterprises have insured, and it is estimated that the guaranteed sales amount will exceed 1 billion yuan.

  Take the initiative as a comparison standard to help foreign trade enterprises deliver orders

  This year, some enterprises in China have also received many overseas urgent orders, but due to technical barriers in standards, the delivery of orders is not timely.

  In Yangzhou, Jiangsu Province, the local inspection and testing department took the initiative to help enterprises solve the problem of inconsistency between national standards and international standards and remove obstacles for enterprises to deliver orders. (Pick up the film)

  Yangzhou, Jiangsu, a manufacturing enterprise, its products are widely used in offshore wind power, bridges and docks, high-speed trains and subways. Since the beginning of this year, the overseas customers of products have been expanding, but many new customers require enterprises to provide product inspection reports based on international standards. Previously, the test reports of these products were based on national standards, which made the enterprise difficult.

  Li Haijun, General Manager of Jiangsu Juxin Petroleum Steel Pipe Co., Ltd.:Some are against American API-2B certification standards, and some are against Canadian CWB certification standards, including EU CE certification standards.

  The enterprise found the local inspection and testing department, carefully studied these international standards after understanding the situation, and compared them with domestic standards. Through comparison, it was found that all the international standards involved had been adopted by national standards.

  Liu Chang, Engineer of Yangzhou Inspection and Testing Center:Both the content and the structure are the same, and there is no substantial difference. It shows their foreign customers the rationality of using national standards as the testing basis, and eliminates their foreign customers’ misunderstanding and doubts about our national standard system.

  Liu Chang introduced that they took the initiative to face foreign customers, introduced the international standards adopted in the national standards one by one, and supplemented the corresponding explanations, so that foreign customers recognized the test report. At present, in the field of steel pipe piles, China’s testing and certification by national standards is equivalent to international standards, and it has been recognized and adopted in Canada, Australia and other countries.

  Moreover, in order to complete the delivery of the order as soon as possible, the time for issuing the test report has also been greatly improved.

  Liu Chang, Engineer of Yangzhou Inspection and Testing Center:Our center has issued more than 1,500 test reports for foreign trade enterprises, helping foreign trade enterprises to deliver orders and realize income generation of about 300 million yuan.

  Set up special foreign trade credit to support enterprises to "go to sea"

  Since the third quarter, policy-oriented financial institutions have continuously increased credit support in the field of foreign trade.

  Help enterprises to speed up going out to sea by setting up special credit for foreign trade.

  At the cargo terminal of Shuangliu International Airport in Chengdu, Sichuan, the staff of this air freight enterprise are busy playing the board and sending 58 tons of e-commerce products to Europe.

  Dong Zhijian, Business Manager of Aviation Logistics Department of Sichuan International Air Freight Development Co., Ltd.:Today’s flight is to London, which is a new route we opened this year.

  Dong Zhijian told reporters that at present, the proportion of cross-border e-commerce goods they carry has increased from 10% last year to about 40%. In order to meet the cross-border transportation needs of e-commerce customers, they have been actively expanding routes this year, but now enterprises are also facing the problem of tight funds.

  How to solve the financial problems faced by foreign trade enterprises? Not long ago, the Sichuan Provincial Department of Commerce and The Export-Import Bank of China Sichuan Branch issued a number of measures, including setting up a special credit line of 50 billion yuan for foreign trade and expanding preferential policies for import financing, to provide policy-based financial support for stabilizing foreign trade.

  Wu Qi, Vice President of The Export-Import Bank of China Sichuan Branch:We set up a professional team to analyze the demands of enterprises one by one. For example, some enterprises need short-term funds, some enterprises need to resume orders, others need to guard against exchange rate risks, and some even need to help solve cross-border customs clearance and logistics problems. When the problem is identified, the effect of serving foreign trade naturally comes out.

  In response to the financial needs of this enterprise, the newly established 50 billion yuan special credit line for foreign trade soon landed its first credit business, granting nearly 2.4 billion yuan of credit to enterprises and issuing nearly 1.2 billion yuan of loans and import credit to foreign trade enterprises. With the support of financial policy, next month, enterprises will add freight routes from Chengdu to Liege, Belgium, which will not only support their own foreign trade business, but also help cross-border e-commerce enterprises to quickly "go out to sea".