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Our country's economic growth momentum is surging
The National Development and Reform Commission’s National Information Center released the leading indicators for various economic sectors in April today, showing a steady upward trend in the economy.
In terms of investment, activity in digital infrastructure investment has rapidly increased, with investment accelerating towards new tracks.
The latest data from the National Information Center shows that in April, capital investment in cutting-edge fields such as artificial intelligence and humanoid robots increased by 175.2% year-on-year.
Infrastructure projects in fields like data, computing power, and networks saw a 61.7% year-on-year growth in bid-winning amounts, continuously activating new drivers of economic growth.
As fiscal and financial policies to boost domestic demand, such as consumer goods trade-in programs, continue to exert effort, combined with the spring break and outdoor travel boom among primary and secondary schools in multiple regions, April saw a continued positive trend of scale growth and structural optimization in the consumer market.
Search volumes for keywords like “spring outing” and “flower viewing” increased by 118.1% and 43.4% month-on-month respectively;
The popularity of outdoor venues such as scenic spots, urban parks, and greenways further increased compared to last year, with spring outing demand driving instant retail destinations to gather around parks and scenic spots, with order volumes up 10.5% month-on-month.
In terms of foreign trade, April saw good momentum in exports of high value-added products such as new energy vehicles and consumer electronics, demonstrating strong resilience and vitality in foreign trade operations. (Securities Times)