NDRC National Information Center on June 9 said leading indicators point to
steady improvement in May as coordinated macro policy support takes effect. Port
equipment operating rates rose about 9 ppts YoY, the largest gain among
construction machinery categories, indicating sustained port logistics demand
and resilient external trade. A merchant operating-activity index increased for
a third consecutive month; offline consumer payments rose 2.4% YoY in May,
accelerating 0.7 ppts MoM, led by consumer electronics, dining and
transportation. Investment in frontier areas such as AI and humanoid robots
jumped roughly fivefold YoY; contract award amounts for computing-power, data
and network infrastructure projects roughly doubled YoY.
