At 10 a.m. today, the State Council Information Office held a press conference to discuss economic data for the first quarter. Xie Cun, Director of the Information and Communication Development Department at the Ministry of Industry and Information Technology, disclosed that industrial project construction policies have been harmonized to foster high investment enthusiasm. Various regions have capitalized on the policy incentives associated with "two major" and "two new" initiatives to actively drive the construction of related projects. In particular, projects such as integrated circuits and new displays in Shanghai and Guangdong are progressing steadily. Notably, in the first quarter, fixed asset investment in the manufacturing industry of computers, communications, and other electronic equipment, focusing on enterprises above a certain size, increased by 10.5% year-on-year, surpassing the national fixed asset investment growth rate by a substantial 6.3 percentage points.
