Investment in foreign trade and other data in a mixed recovery still need to work hard

The previous May investment, foreign trade and other data mixed with worry still need efforts to the daily news of the June 12 (reporter Jiang, Zhu Jianhong, Du Haitao, Luyanan) Recently, the May economic data are released, reflecting the macroeconomic "meteorological" data is mixed with worry: Purchasing Managers Index (PMI) stabilized,　　Car production and sales for 5 consecutive months, the world's largest, the port of foreign trade goods throughput of double liters, urban fixed assets investment, but CPI, PPI still show double decline, import and export trade is still not optimistic. On the whole, China's economy has seen positive changes, much better than expected, spurred by a series of policy measures.　　Some industries and enterprises are gradually recovering production, market confidence boosted, economic activity increased, domestic demand continued to rise, the stock market, real estate trading volume expanded. Investment continued to expand, domestic demand to tap the information released today by the National Bureau of Statistics shows that in May this year, urban fixed assets investment of 5.352 trillion yuan, an increase of 32.9%. Among them, the central project investment 473.4 billion yuan, an increase of 28% per cent, local project investment 4.8786 trillion yuan, growth 33.4%.　　From the industry perspective, the III industry completed investment of 91.5 billion yuan, 2.3042 trillion yuan and 2.9564 trillion yuan, the year-on-year growth of 79.7%, 29.1% and 34.9% respectively. Statistics show that the expansion of government investment is increasingly evident, state-owned and state-controlled investment continue to promote investment to maintain a higher rate of growth.　　From 1 to May, state-owned and state-owned holdings completed investment of 2.3055 trillion yuan, an increase of 40.6%, the growth rate from 1 to April accelerated 1.3%. From the construction and new projects, the cumulative construction projects in the previous May 216,420, an increase of 47,912, the total investment of construction projects 27.5837 trillion yuan, the growth of 33.8%, the new projects 123,878, increased by 39,510, the new project plan total investment 5.33 trillion yuan , an increase of 95.9%.　　The surge in new projects suggests that future investment will remain high. It is noteworthy that real estate development completed investment of 1.0165 trillion yuan, an increase of 6.8%, an increase of 1.9% than in January-April.　　This suggests that real estate investment is coming out of the doldrums in the context of a recovery in the housing market. The state's policy of expanding investment and promoting domestic demand has led to a rise in demand for domestic commodity transport, with port cargo throughput rising for the third consecutive month. According to the latest statistics of the Ministry of Transport, May national port cargo throughput is expected to complete 546 million tons, an increase of 5%. Among them, the domestic trade cargo throughput is expected to complete 364 million tons, an increase of 5.1%.　　Most obviously, benefiting from the impact of stimulating domestic demand, the decline of container cargo throughput along the Yangtze River this year is significantly lower than the national level, Anhui, Hubei, Hunan and other central and western provinces of the container throughput does not fall, indicating that domestic demand market potential is huge, and tapping potential results. A steady recovery in the economy has also boosted theDemand for goods and energy. May, the port to unload imports of iron ore is expected to reach 55.5 million tons, an increase of 24.6% per cent. Port coal unloading is expected to complete 49.2 million tons, an increase of 10.8% per cent.　　The port is expected to complete 13.8 million tons of imported crude oil, an increase of 5.1% per cent. However, it should be noted that the port in the first 5 months, the cumulative unloading of 258 million tons of iron ore, compared to the first half of last year, more than 4 million tons of unloading, at the same time, by the impact of a significant increase in imports, the main port iron ore inventory more than 60 million tons.　　Analysts believe that the increase in iron ore unloading is so large, in addition to the rigid demand for market recovery, do not rule out early price speculation, and therefore need to be treated with extreme caution. Foreign trade situation is still grim in domestic demand, while the warming trend, external demand is still shrinking. According to customs statistics, the month of May, China's import and export value of 164.13 billion U.S. dollars, the year-on-year decline of 25.9%, the decline than the first 4 months of this year, the cumulative year-on-year decline deepened 1.5%.　　Exports of 88.76 billion U.S. dollars, the decline deepened by 5.9%, imports of 75.37 billion U.S. dollars, the decline narrowed by 3.6%. Analysts believe that in the foreseeable months, China's foreign trade situation will remain very grim, the world economy has not yet fully stabilized, should not be overly optimistic in the short term, export enterprises should be ready to play a "protracted war" psychological preparation.　　At present, the shrinking of external demand is still the biggest difficulty for China's economic growth, while basing on expanding domestic demand, we must do everything possible to stabilize the external needs. Weak external demand is also reflected in port transport. Although the import of iron ore, coal, crude oil and other goods to accelerate the positive impact of the May port foreign trade cargo throughput is expected to complete 182 million tons, an increase of 4.7% per cent, after March, again appear positive growth.　　But May port container throughput is expected to complete 9.75 million TEU, down 9.7% year-on-year, but the decline was narrowed by 4% last month. All aspects of economic data show that China's economy has been a positive change in the steady recovery, but the foundation of the rebound is not stable, and still face great difficulties. In particular, the world's major economies are still in the downlink, and the weak external demand has not changed radically. On the other hand, China's adjustment of economic structure still takes time, some of the industry overcapacity, enterprise production and operation difficulties, urban unemployed people increased. In the continued spread of the international financial crisis, it is still not to be taken lightly.