CCTV News (News Network): At a press conference held by the State Council Information Office on March 17, the economic data released by the National Bureau of Statistics showed that my country's economic operation started steadily and the development trend was new and positive.

The accelerated growth rate of multiple indicators is a prominent feature of economic operation in the first two months. Industrial added value, service industry production index, total retail sales of consumer goods, and fixed asset investment increased by 5.9%, 5.6%, 4% and 4.1% year-on-year, respectively, accelerating by 0.1, 0.4, 0.5 and 0.9 percentage points respectively over the previous year, and the economic operation started steadily.

While the growth rate of major indicators is steadily increasing, the economic development trend is changing new and improving.

From the perspective of new quality productivity, new momentum is growing rapidly. From January to February, the added value of high-tech manufacturing increased by 9.1% year-on-year, 2.2 percentage points higher than the manufacturing industry. The output of high-tech products such as industrial robots and integrated circuit wafers has increased significantly, and the large-scale application of domestic artificial intelligence general models in key industrial fields such as electronics and automobiles has accelerated. At the same time, the green industry is booming. In the first two months, the output of new energy vehicles increased by 47.7% year-on-year, continuing to maintain a relatively high growth.

From the policy effect, since this year, policies such as "two-fold" and "two-new" have continued to show their pull on production demand. From January to February, investment in equipment renewal and transformation increased by 18% year-on-year, accelerating by 2.3 percentage points over the whole year of the previous year, and the contribution rate to the growth of all investment reached 62.3%. Retail sales of excavation and shoveling and transportation machinery, household refrigerators, furniture and other commodities have maintained double-digit growth.

In the first two months, the real estate market continued to show a trend of stabilization, the transaction volume and transaction amount of the Shanghai and Shenzhen stock markets continued to maintain rapid growth, and the expectations of operating entities continued to improve.

The relevant person in charge of the National Bureau of Statistics said that as the "combination punch" of macroeconomic policies continues to work, the national economy is expected to maintain an overall stable and stable development trend in the first quarter.