The Trade War Has Little Effect On The Growth And Stability Of Light Industry And Textile Consumer Products In The First Half Of The Year.

In the first half of the year, the electricity consumption and freight volume of the whole society increased rapidly, the output of key products increased steadily, the PMI index remained at a relatively high level, and the market confidence was relatively stable.

A series of physical volume indicators not only increased faster, the structure was also significantly improved, and the situation of economic stability was better.

In the first half of this year, the total electricity consumption of the whole society was 3 trillion and 230 billion kwh, an increase of 9.4% over the same period last year, and the growth rate was 3.1 percentage points higher than that of the previous year.

With the continuous optimization of the electricity structure, the industrial electricity consumption increased by 7.5%, increasing by 1.4 percentage points, of which four of the high energy carrying capacity.

Electricity consumption increased by 5.1%, down 3.3 percentage points, and electricity consumption in high-tech manufacturing and equipment manufacturing industries increased rapidly.

The electricity consumption in the service sector continued to grow at a high level, rising by 14.7% over the first half of the year, an increase of 5.4 percentage points, and a further increase to 15.7% in the total electricity consumption of the whole society.

In the service industry, it is closely related to information technology.

Electricity consumption continued to grow at a high rate, and the electricity consumption of information pmission and software and information technology services, real estate, wholesale and retail, pportation, storage and postal services increased by 25.5%, 18.8%, 14.1% and 13% respectively.

The two is the steady and fast growth of freight volume. The freight structure adjustment has achieved initial success. In the first half of the year, the total cargo volume of the whole society was 232 million tons, an increase of 6.9% over the same period last year, and the growth rate was 0.6 percentage points higher than that in the first quarter.

The advantage of railway bulk material pportation was further developed. In the first half of this year, the freight volume reached 20 million tons, an increase of 7.7% over the same period last year, accounting for 8.4% of the total freight volume of the whole society. The coastal ports in Hebei, Tianjin basically realized the pportation of coal to the port, and the pport volume of the ports in Caofeidian and other ports increased greatly. The "Rail Transit Railway" achieved success; the container rail rail intermodal pportation increased rapidly, and the container traffic volume increased by 44.5% in the first half of the year.

Highway freight volume reached 180 million tons, an increase of 7.7%.

The volume of express delivery business was about 22 billion, an increase of 27%.

Three, the output of key products increased steadily, and the new products in line with the direction of industrial upgrading grew faster. In the first half of the year, the output of major energy and raw materials products increased steadily, and the output of coal, gasoline and natural gas increased by 3.9%, 6% and 4.6% respectively.

Machinery and electronics products grew steadily, new products grew faster, new energy vehicles increased by 88.1%, excavators, loaders and cranes increased by 43.5%, 29.8% and 39.6% respectively, industrial robots grew by 23.9%, environmental pollution prevention and control equipment increased by 13.3%, and integrated circuits increased by 15%.

Light industry and textile consumer products grew steadily.

The output of air conditioning increased by 14.4%, the output of smart TV increased by 16.7%, and the output of dairy products increased by 8.1%.

In June, the PMI of manufacturing industry was 51.5%, 0.2 percentage points higher than the first half of the year.

Among them, the pharmaceutical manufacturing, special equipment manufacturing, computer communication and electronic equipment and instrumentation manufacturing industry PMI are located in the higher prosperity section; the production index and the new order index are 53.6% and 53.2% respectively, 0.6 and 0.4 percentage points higher than the first half, and the market supply and demand continues to expand.

The overall trend of non manufacturing industry remained stable. The non manufacturing business activity index in June was 55%, 0.2 percentage points higher than the first half of the year, rising steadily for 4 consecutive months.

Among them, railway pportation, air pportation, telecommunications, banks, etc.

They are located in the high boom area.

Five, the market confidence is relatively stable, and the parties are optimistic about the future development expectations. According to the people's Bank of China survey, the entrepreneur confidence index in the two quarter was 75.8%, an increase of 10.4 percentage points over the same period last year, the highest level since 2011. The bankers' macroeconomic confidence index was 81.2%, increasing 13.4 percentage points, the highest level since 2011.

According to the National Bureau of Statistics survey, in May, China's consumer confidence index was 122.9, 16.1 points higher than the average since 2012, which is at the historical high level since the survey started in 1998. Among them, the satisfaction index reflecting consumers' views on the current situation is 118.1 points, reflecting the consumer's expectation of the future situation is 126.1 points, 16.7 points higher than 2012's average and 15.8 points respectively.

The physical volume index is an important window to observe the economic operation situation. In the first half of the year, a series of physical volume indicators continued to improve, which profoundly reflected the smooth operation of the economy and the characteristics of structural optimization and upgrading.

Although the uncertainty of the external environment is increasing, China's economy is developing steadily, and the pace of economic development towards high quality is still steady.