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Through the data, we can see the "new" highlights of the economy in the new year, the "new" momentum, and the accumulation of positive factors.
2026-03-17 source:cctv.com


CCTV News: The State Council Information Office held a press conference on March 16. Data from the National Bureau of Statistics showed that in the first two months of this year, my country's production demand increased steadily, employment prices were generally stable, new productivity increased, and the economy got off to a strong start, achieving a good start.

In January and February this year, my country's main economic indicators accelerated significantly, and positive factors gathered strength.

From an industrial perspective, affected by factors such as improved domestic demand, enhanced export-driven growth, and the emergence of macro-policy effects, the added value of large-scale industries increased by 6.3% year-on-year in January and February, and the growth rate was 1.1 percentage points faster than that in December of the previous year. Among them, the added value of the equipment manufacturing industry increased by 9.3%, and its contribution to the growth of the entire industry above designated size reached 47.4%, which has a significant pulling effect.

From the perspective of the service industry, under the combined effects of the long Spring Festival holiday and the effective policies to boost consumption, the service industry has achieved rapid growth. In January and February, the service industry production index increased by 5.2% year-on-year, and the growth rate was 0.2 percentage points faster than that in December last year.

Market sales growth picked up. In January and February, the total retail sales of consumer goods increased by 2.8% year-on-year, 1.9 percentage points faster than in December last year; the retail sales of services increased by 5.6% year-on-year, 0.1 percentage points faster than the previous year.

Under the influence of various policies and measures to expand effective investment, the investment growth rate has turned from falling to increasing. In January and February, fixed asset investment turned from a 3.8% decline last year to a year-on-year growth of 1.8%.

In the first two months of this year, the leading role of innovation-driven development has been enhanced, and new momentum has accelerated its growth. In January and February, the added value of high-tech manufacturing above designated size increased by 13.1% year-on-year, the added value of digital product manufacturing increased by 8.8%, and the manufacturing of smart vehicle equipment grew rapidly.

The vigorous development of green industries has injected new impetus into industrial upgrading. In January and February, the output of wind turbines and lithium-ion batteries for energy storage increased by 28.7% and 84% respectively, and the green energy transformation was steadily advancing.

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