The industrial economy is showing signs of recovery

According to the first-quarter data obtained from the National Electric Power Dispatch and Communication Center, in March of this year, the national electricity consumption decreased by 1.4% year-on-year, while the electricity consumption data for January-February decreased by 4.4%. According to experts, since the electricity consumption data does not involve cross-regional influences, it reflects the economic operation more accurately. From this data, the rebound of the industrial economy has emerged.

At the same time, the passenger car market in March was better than expected, which greatly broke the historical record of domestic passenger car sales. Some measures of the automobile industry planning have been implemented, and the effects have initially appeared.

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