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[SMM Steel Market Morning News] many provinces and cities have introduced a number of measures to boost the growth of domestic demand

iconApr 27, 2020 09:49
Source:SMM

Monday, April 27, 2020

News breakfast

"rising factors

1. Guizhou will issue 100 million yuan consumption coupons

Guizhou Province will issue 100 million yuan consumption coupons in the near future to deduct the corresponding fees when spending in catering, shopping, newly purchased car refueling and other areas. Consumers can use Alipay to write off directly after receiving the coupons.

two。 Jiangxi has formulated and issued 22 measures to promote the expansion, quality and steady growth of industrial consumption.

It was learned from the Jiangxi Provincial Department of Industry and Information Technology on the 26th that in order to promote and expand the consumption of industrial products in the province and promote consumption expansion and quality upgrading in the industrial sector, Jiangxi formulated and promulgated the "implementation opinions on promoting consumption expansion, upgrading, quality and Stability of Industrial growth in the Industrial sector." put forward 22 policies and measures to promote consumption expansion, upgrading, quality and stable industrial growth in the industrial sector.

 

Downside factor

1. The sales area of commercial housing in Guangdong Province fell by nearly 30% in the first quarter from the same period last year.

According to the latest report by the Research Department of the Guangdong Housing Society, the sales area of commercial housing in Guangdong Province in the first quarter was 18.023 million square meters, with sales of 255.751 billion yuan, down 29.1 percent and 25.4 percent respectively from the same period last year. In the first quarter, the average price of commercial housing sales in Guangdong Province was 14190 yuan per square meter, up 5.2 percent from the same period last year.

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