The manufacturing PMI has been in the expansion range for two consecutive months. At the regular press conference of the National Development and Reform Commission held on the morning of the 21st,freeletitridevideopokerSpokesperson Li Chao said that the data reflects that the production expansion of manufacturing companies has accelerated, market demand has continued to recover, and companies 'confidence in future market development is generally stable.

In March and April, the manufacturing PMI was in the expansion range of more than 50%. "This reflects that as macro policy effects continue to emerge, industrial production has grown steadily, corporate efficiency has improved, and the prosperity level and corporate expectations have continued to improve." Li Chao said.

In terms of production, the added value of manufacturing increased by 5.5 percent year-on-year in Aprilfreeletitridevideopoker..7%, an increase of 0.6 percentage points from the previous month; the manufacturing PMI production index was 52.9%, the highest since April 2023, reflecting the acceleration of production expansion of manufacturing companies.

From the perspective of demand, the total retail sales of consumer goods maintained growth in April, and goods exports resumed growth; the manufacturing PMI new order index and new export order index were 51.1% and 50.6% respectively, which also reflected the continued recovery of manufacturing market demand.

Looking at the structure, the PMI of high-tech manufacturing in April was 53.0%, showing a rapid development momentum; investment data also confirmed this point. From January to April, investment in high-tech manufacturing increased by 9.7% year-on-year. The optimization of investment structure laid a solid foundation for industrial structure optimization. At the same time, the PMI for medium-sized enterprises and small enterprises was 50.7% and 50.3% respectively. The production index and new order index have been in the expansion range for two consecutive months, reflecting that small and medium-sized manufacturing enterprises have maintained their momentum of recovery and development.

"Favourable conditions are accumulating to promote the continued recovery and development of the manufacturing industry." Li Chao gave an example. In the first quarter, the profits of industrial enterprises above designated size increased by 4.3% year-on-year, growing for three consecutive quarters. The profit growth provided strong support for enterprises to expand reproduction; from January to April, manufacturing investment increased by 9.7%, which was faster than that of all fixed asset investment. 5.5 percentage points higher; The manufacturing PMI production and operating activity expectation index in April was 55.2%, continuing to be in a higher boom range, which indicates that manufacturing companies 'confidence in future market development is generally stable.

Overall, my country's manufacturing industry will continue to maintain a trend of recovery, development and structural optimization. Li Chao introduced that in the next step, in terms of expanding effective investment, we will implement ultra-long-term special treasury bonds to support the implementation of major national strategies and security capacity building in key areas, and accelerate the release of investment within the central budget and the issuance and use of special bonds for local governments. In terms of promoting domestic consumption, we will accelerate the implementation of employment priority policies, do everything possible to stabilize employment and increase income, improve residents 'consumption power, accelerate the exchange of old consumer goods with new ones, expand consumption of automobiles, home appliances, mobile phones and other commodities and consumption of services such as culture and tourism, and increase efforts to cultivate Create new growth points such as new consumption scenarios and new business formats.