The State Taxation Administration released ten groups of tax data, reflecting the steady reinforcement and stabilization of China's economic in Q1.
The increase of indicators in Q1 is relatively high, mainly due to two reasons: on the one hand, in the first quarter of this year, China's epidemic prevention and control and economic and social development have continued to show fruitful results, a series of policy effects have been continuously released, and domestic and foreign market demand has recovered. Because of the advocate of celebrating the new year on the spot during the Spring Festival this year, which strongly accelerate the production and efficiency of the enterprise.
On the other hand, due to the impact of the epidemic in the first quarter of last year, the base of the index is low, bringing about a high increase in indicators in the first quarter of this year. So understanding the economic situation in China in the first quarter is not only about the year-on-year growth under the background of the epidemic in the first quarter of last year, but also on the compared with the same period without the epidemic in the first quarter of 2019. On this basis, calculate the average growth rate for two years on this basis, can be more objectively and comprehensively reflect the economic trend.
I. The sales revenue of enterprises nationwide has increased by an average of 12.8% in two years, and the production and operation of enterprises are stable and better.
II. Manufacturing sales revenue increased by an average of 9.6% in two years, and industry maintained a stable recovery trend.
III. The sales revenue of high-tech industries has increased by an average of 19% in two years, and the development of innovation has accelerated.
IV. The number of new tax-related market entities across the country has increased by an average of 16.1% in two years, effectively stimulating market vitality.
V. The investment in environmental protection equipment by enterprises has increased by more than 10% on average in two years, and the Green Industry is full of momentum.
VI. The sales revenue of the national retail industry increased by an average of 13.4% in two years, and the consumer market continued to recover.
VII. The amount of enterprise investment in communication equipment has increased by more than 10% on average in two years, and the investment structure has been gradually optimized.
VIII. The amount of construction enterprises purchasing engineering machinery has increased by an average of 17.6% in two years, and investment has steadily increased.
IX. The amount of domestic procurement by export enterprises has increased by an average of 16% in two years, and foreign trade is expected to continue to improve.
X. The sales income of agricultural machinery products has increased by an average of 40% in two years, and agricultural mechanization has steadily advanced.