Date 1

GDP: 6.4% growth, economic operation in a reasonable range

According to the statistics of the National Bureau of Statistics, the preliminary calculations showed that the GDP in the first quarter was 2,13,433.3 billion yuan, which was 6.4% year-on-year at comparable prices, which was flat compared with the fourth quarter of last year.

In general, the national economy continued to operate in a reasonable range in the first quarter, continuing the overall stable, steady and progressive development trend, and the positive factors gradually increased, laying a good foundation for the stable and healthy development of the economy throughout the year.

Data 2

Taxation: The growth rate dropped by 11.9 percentage points, and the negative effect continued to appear.

In the first quarter, the national tax revenue increased by 5.4%, and the growth rate dropped by 11.9 percentage points year-on-year. Among them, the domestic value-added tax increased by 10.7%, down 9.4 percentage points from the same period of last year; personal income tax fell by 29.7% year-on-year, and the growth rate dropped by 50.4 percentage points. Special income such as education surcharges decreased by 0.8% year-on-year, and the growth rate dropped by 14.3 percentage points.

Data 3

Financial revenue: An increase of 6.2%

According to statistics from the Ministry of Finance, the national general public budget revenue in the first quarter was 536.56 billion yuan, an increase of 6.2%; the expenditure was 586.29 billion yuan, a year-on-year increase of 15%, an increase of 4.1 percentage points over the same period of last year, and the efficiency of the use of fiscal funds was accelerated.

Data 4

Foreign Trade: An increase of 3.7%, achieving a smooth start

According to customs data, the total value of China's import and export of goods in the first quarter was 7.01 trillion yuan, a year-on-year increase of 3.7%. In March, China's imports and exports increased by 9.6%, of which exports were particularly bright, achieving 21.3% growth.

At present, the dynamism of the world economy and trade is weakening, and foreign trade development faces many uncertain factors. China's first-quarter foreign trade has achieved a smooth start, which is closely related to China's introduction of a series of measures to stabilize foreign trade and expand openness. Under pressure, China's foreign trade should be stabilized and upgraded. On the one hand, foreign trade enterprises should accelerate their transformation, on the other hand, they should optimize the trade structure.

Data 5

Consumption: nearly 10 trillion yuan, the main driver of economic growth is still strong

In the first quarter, the total retail sales of consumer goods nationwide totaled 977.90 billion yuan, an increase of 8.3% year-on-year. Among them, the online retail sales amounted to 2,237.9 billion yuan, an increase of 15.3%. The contribution of final consumption expenditure growth to economic growth was 65.1%, and consumption continued to be the dominant force in demand. Among the final consumption expenditures of all residents, service consumption accounted for 47.7%, an increase of 1.4 percentage points over the same period of the previous year.

Data 6

Foreign capital: Foreign investment increased by 5.5% in the first two months

According to data from the Ministry of Commerce, in the first two months of this year, China’s actual use of foreign capital was 147.11 billion yuan, an increase of 5.5%. Among the main sources of investment, South Korea, the United States, the Netherlands, Germany, and France increased their investment in China by 35.6%, 44.3%, 174.8%, 39.9%, and 113.3%, respectively. The actual utilization of foreign investment in the Pilot Free Trade Zone increased by 35.1%.