CCTV News: The National Information Center released a series of leading indicators today (May 17). The reporter found that since April, with the coordinated efforts of a series of macro policies, investment, production and other fields have maintained a positive trend.

The latest data shows that in April, the overall sales of excavators increased by 17.6% year-on-year, of which domestic sales increased by 16.4% year-on-year. Since the beginning of this year, excavator sales have continued to rebound, reflecting the positive signals of the gradual recovery of the construction machinery industry and the rebound in domestic demand. The latest data from the National Information Center shows that in April, the national construction machinery operation rate increased by 1.6 percentage points month-on-month, and engineering construction in various places became busier, among which road equipment performed outstandingly. Experts said that road infrastructure is heating up in full swing, which is not only the common result of seasonal factors and policy efforts, but also reflects the trend of China's economy gradually releasing endogenous momentum. The policy of stabilizing growth is transforming into physical workload, and the "grabbing tool" for economic recovery is gradually taking effect.

In April, nearly half of the provinces in the country achieved positive growth month-on-month. From a regional perspective, the busiest one is the Northeast region, with the operating rate in April reaching 61.13%, an increase of 13.08% month-on-month, and both data rank first in the country. All key infrastructure projects in the Northeast region have been fully launched, and the infrastructure construction driven by low-altitude economy, cultural and tourism industries has achieved remarkable results.

At the same time, construction funds are also accelerating their implementation. In the first four months of this year, the total issuance of local government bonds nationwide was approximately 353.54 billion yuan, an increase of about 84% year-on-year, and the scale and growth rate of bond issuance both hit new highs in the same period in recent years. Ultra-long-term special government bonds also began issuance in late April, nearly a month earlier than last year. Funding guarantees for various major projects continue to be strengthened. The National Information Center's monitoring and analysis bidding data also showed that in April, the national project winning amount increased by 10.0% year-on-year and 7.8% month-on-month, and the growth rate of energy and chemicals, transportation engineering, medical and health care, municipal facilities and other industries was leading the way.

In the first quarter, the balance of inclusive small and micro enterprises' loans increased by 12.5% ​​year-on-year

The State Administration for Financial Regulation announced the main regulatory indicators of the banking and insurance industry in the first quarter of 2025 on the evening of May 16. Since the beginning of this year, the financial service capabilities of the banking and insurance industries have continued to strengthen.

At the end of the first quarter, the balance of inclusive small and micro enterprises of banking financial institutions was 35.3 trillion yuan, an increase of 12.5% ​​year-on-year; the balance of inclusive agricultural loans was 13.7 trillion yuan, an increase of 795.5 billion yuan from the beginning of the year; in the first quarter, the insurance company's original insurance premium income was 2.2 trillion yuan, an increase of 0.8% year-on-year; the expenses of compensation and payments were 827.4 billion yuan, an increase of 12.2% year-on-year; the number of new insurance policies was 24.9 billion yuan, an increase of 20.7% year-on-year.

At the same time, the overall quality of credit assets of commercial banks is stable. At the end of the first quarter, the non-performing loan ratio of commercial banks was 1.51%, up 0.01 percentage points from the end of the previous quarter. Commercial banks have sufficient risk compensation capabilities overall, and liquidity indicators remain stable. At the end of the first quarter, the insurance company's comprehensive solvency adequacy ratio was 204.5%, and the solvency continued to remain sufficient.

State Postal Bureau: China's express delivery development index increased by 6.5% year-on-year in April

The reporter learned from the State Postal Bureau that in April, China's express delivery development index was 443.2, a year-on-year increase of 6.5%. Express delivery companies strengthen cooperation with manufacturing and e-commerce platforms to support the "old trade-in" of consumer goods and promote the steady expansion of business scale. In April, the average daily express delivery business volume was about 550 million pieces, of which during the Qingming Festival (April 4-6), a total of 1.399 billion express parcels were collected nationwide, an increase of 17% year-on-year.

my country's air cargo network is expanding at an accelerated pace

The Air Logistics Branch of the China Federation of Logistics and Procurement issued the "Analysis Report on New Freight Routes in 2024-2025" on May 16. According to the report, from January 1, 2024 to April 30, 2025, a total of 288 new air cargo routes were opened nationwide. Among them, there are 243 international air cargo routes, and the route network covers six continents around the world. Asia has the largest number of routes, accounting for nearly 50%; followed by 88 routes in Europe. North American routes ranked third with 29. The top three newly opened international freight routes carry the most cargo, namely e-commerce goods, electronic products, and ordinary goods.

National Bureau of Statistics: The average wage of urban employed people increased steadily last year

The latest data released by the National Bureau of Statistics shows that in 2024, the increase in urban employed people in my country, and the average annual wage of urban employed people achieved steady growth.

In 2024, the average annual salary of employees in urban non-private units across the country was 124,110 yuan, an increase of 2.6% on comparable scale; the average annual salary of employees in urban private units was 69,476 yuan, an increase of 4.0% on comparable scale. This time, there are a total of 2.767 million urban units within the statistical scope. The wages calculated include not only the wages, bonuses, subsidies, etc. that employees actually receive from the unit, but also the personal income tax, social insurance funds and housing provident fund withheld from the unit.