May Top Ten economic data pros and cons win

-Our correspondent Bauchengan this year, domestic demand expansion and growth policy measures began to play a positive effect, some economic indicators have shown signs of stabilisation.　　So what about our real economy through the main data from the 10 major economic operations of the May?　　17th, the State Council meeting pointed out that China's economic operation is in the key period of stable recovery, the current economic operation has been positive changes, favorable conditions and positive factors, the overall situation is stable.　　Industrial growth steadily rose, the manufacturing PMI index remained stable, investment growth continued to accelerate, consumption growth slightly accelerated, credit growth was stable, liquidity remained abundant. In May, the increase in industrial enterprises above the scale grew 8.9% per cent year-on-year, the highest since October last year.　　The rebound in industrial growth has further confirmed signs of an upturn in our economy. "China's economic rebound has become more and more obvious, but external demand remains sluggish, deep-seated problems have not been resolved, new problems may emerge." 　　"Zhang, a researcher at the macroeconomic Department of the Development Research Center of the State Council. China's manufacturing PMI index remained largely flat in May, with PMI at 53.1%, down 0.4% from last month.　　Zhang analysis that this indicates that the economy will continue to maintain a rebound situation. Credit growth is stable, May RMB loans increased by 664.5 billion yuan, more than 346 billion yuan. 　　This figure, although significantly lower than the first quarter credit growth, still has an increase from the April credit level of $591.8 billion. "The May loan increase was more stable than the previous surge." This retreat is the rational return of the economy, from the point of view of capital demand, indicating that China's economy has ended bottoming and has begun to stabilise. 　　Pengching, director of the Monetary Policy Research Institute of the China Academy of Social Sciences. Fixed-investment data for January-May continued to rise steadily, with 1-May national investment in urban fixed assets rising 32.9% per cent year-on-year. Zhang, senior economist at the National Information Center, said the rapid growth in fixed asset investment was related to the size of the bank's credit scale in the previous 5 months. 　　In the short term, the rapid growth of fixed assets will continue. At the same time, despite the increase in favourable conditions and positive factors, there are still a lot of uncertainties about economic recovery.　　Exports and prices continue to decline exports decline, overcapacity, business economic decline. China's exports fell 26 year-on-year in May. 4%, imports fell 25 year-on-year. 2%. Since entering the Descent channel last November, foreign trade imports and exports for the 7th consecutive month appeared "double drop" situation. "Overall, the world economic and trade situation has not improved fundamentally, and global demand is still weak." 　　"Li Jian, deputy director of China Foreign Trade Research Department of Ministry of Commerce, said. External demand weakness is also directly reflected in other foreign trade-related indicators. The Baltic Dry Bulk Index (BDI) has started to decline since June 3, when it reached its highest point in the year. May, China's port container throughput fell 9 year-on-year. 7%. Over the same period, China's export delivery value decreased by 15%.　　Industry analysts pointed out that in the foreseeable months, China's foreign trade situation will remain very grim. May, the overall level of domestic consumer prices fell 1.4% year-on-year, the factory price of industrial products fell 7.2% year-on-year. Growth is still 0.4% faster than last month, with prices falling.　　Both CPI and PPI prices have both fallen sharply, suggesting that the current economic situation is still more difficult. While investment highs soared, consumption growth edged up. May Total retail sales of consumer goods rose 15. 2%, it is still 0 faster than last month in the case of falling prices. 4%. 　　But these include government and enterprise consumption, the current employment situation is difficult, the expansion of residents ' consumption is difficult. May, the country's 70 large and medium cities housing sales prices fell 0 year-on-year. 6%. Wang Qing, chief economist at Morgan Stanley's Greater China, said that China's real estate market is a healthy market in general, and the potential demand in the real estate market is beginning to show.