Service consumption recovery gathers speed
服務業消費復蘇開局強勁
China's economic recovery is on the right track, and the recovery of services consumption is off to a strong start, said experts at some foreign institutions.
外國機構專家稱,中國經濟復蘇步入正軌,服務業消費復蘇開局強勁。
The country's offline consumer service sectors like tourism, movies and catering, which were severely hit by the COVID-19 pandemic, saw a strong rebound in demand during the weeklong Lunar New Year holiday in late January, said Fitch Ratings.
惠譽評級表示,受新冠肺炎疫情嚴重打擊的旅游、電影和餐飲等線下消費服務行業,在1月底春節黃金周期間需求強勁反彈。
Domestic tourist trips during the holiday jumped 23.1 percent year-on-year, recovering to around 90 percent of the pre-pandemic level during the same period of 2019, while tourism spending rose 30 percent year-on-year.
今年春節假期期間,我國國內旅游人次同比增長23.1%,恢復到疫情前2019年同期水平的90%左右,旅游消費同比增長30%。
Cinema box-office receipts reached the second-highest take on record, and the number of tickets sold was only slightly below the 2019 level, according to official figures.
官方數據顯示,2023年春節檔票房成績位居中國影史第二,觀影人次僅略低于2019年的水平。
National retail and catering revenues reported by key enterprises increased 6.8 percent year-on-year.
全國重點企業零售和餐飲收入同比增長6.8%。
Dine-in consumption at restaurants and eateries grew strongly by 15.4 percent year-on-year, with average restaurant spending up 10.8 percent, according to the Ministry of Commerce.
根據商務部的數據,堂食消費額同比大增15.4%,餐館平均消費額增長了10.8%。
The country's official manufacturing purchasing managers index rose to 50.1 in January, up from 47 in December, ending three months of contraction.
1月份,中國公布的制造業采購經理人指數(PMI)升至50.1,高于去年12月的47,結束了連續3個月的收縮。
The January rebound in PMI is in line with consumption figures during the Lunar New Year holiday, demonstrating a strong recovery in the Chinese economy.
1月份PMI的反彈與春節期間的消費數據相符,表明中國經濟強勁復蘇。
This year, although slower exports will have a negative impact on China's economic growth, consumption growth in the country is expected to rebound to about 7 percent.
今年,盡管出口放緩將對中國經濟增長產生負面影響,但中國的消費增長預計將反彈至7%左右。
In addition, investment is likely to stabilize at around 5.5 percent.
另外,投資也有可能穩定在5.5%左右。
Combined, these factors will hopefully drive the full-year economic growth to about 5 percent, said analysts at UBS CIO.
瑞銀首席投資辦公室的分析師說,綜合這些因素,有望推動全年經濟增長達到5%左右。
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