Recently, the National Bureau of Statistics released the national economic operation from January to February this year. In the first two months of this year, the national economic operation continued the rebound and positive trend since the fourth quarter of last year, especially the growth and growth of new quality productivity, and the role of new momentum supporting power has been significantly enhanced. Overall, my country's economy started steadily this year, and its development trend is changing new and positive.

According to the economic operation since the beginning of this year, the "combination punch" of macroeconomic policies has achieved remarkable results, the growth rate of main indicators has steadily increased, and new momentum has driven the steadily improvement of the quality of development, which once again demonstrated the strong resilience of the Chinese economy.

New progress has been made in the development of new quality productivity, and new industrialization has accelerated its layout. In recent years, all parties have stepped up efforts to promote the integrated development of scientific and technological innovation and industrial innovation, and policies such as "two-fold" and "two-new" have driven production demand, and industrial production has grown rapidly. In the first two months of this year, the added value of industrial above-scale enterprises increased by 5.9% year-on-year, of which the added value of equipment manufacturing industry increased by 10.6%. As an important engine for developing new quality productivity, innovative products such as artificial intelligence + are accelerating, promoting changes in production methods and driving the rapid development of high-end manufacturing. From January to February, the added value of high-tech manufacturing above the designated size increased by 9.1%, and the output of new energy vehicles, 3D printing equipment, virtual reality equipment, and industrial robot products all maintained double-digit growth. At the same time, macro policies have boosted the development confidence of private enterprises and the whole society, the real estate and stock markets have undergone positive changes, and market expectations and confidence have continued to improve. In February, the manufacturing PMI rose significantly, and the non-manufacturing business activity index continued to be in the prosperous range.

Digital transformation continues to deepen, the vitality of the digital economy is constantly being released, driving the service industry to grow better. From January to February, the service industry production index increased by 5.6% year-on-year, among which related industries such as information technology, cultural tourism, transportation and travel increased significantly. During the Spring Festival, the access traffic of 5G mobile Internet users increased by 35% compared with the same period last year; the number of domestic travelers increased by 5.9%. In the first two months, the transaction volume of tourism service platforms increased by more than 20%, and the cumulative passenger flow of the ice and snow season from 2024 to 2025 increased by 22.8%, and domestic animated films broke many film and television box office records.

There is broad market demand space and there is a basis for the release of consumer investment potential. The policy of exchanging consumer goods for old-for-new products has been strengthened, and the demand for new consumption and green consumption has gradually expanded. In the first two months, the retail sales of household appliances, furniture, cultural office supplies, and communication equipment products of units above the limit maintained double-digit growth. During the Spring Festival, the cultural, tourism and sports market was hot, driving market sales to rebound and service consumption to expand. The total retail sales volume increased by 4% year-on-year from January to February, and the consumer confidence index rebounded for three consecutive months. Under the influence of policies to increase the construction of people's livelihood infrastructure and large-scale equipment renewal, it not only promotes production, but also strongly supports investment growth. Infrastructure investment grew by 5.6%; manufacturing investment grew by 9%, which was significantly faster than the growth of all investments.

This year is the end of the 14th Five-Year Plan. All parties will focus on key tasks, increase their efforts, promote the orderly release of domestic demand potential, promote the smooth flow of economic circulation, promote the accelerated development of new quality productivity, inject more new momentum into my country's economic development, and lay a solid foundation for a good start to the 15th Five-Year Plan.