• Bureau of Statistics: In April, China’s manufacturing PMI was 51.1%, 0.8 percentage points lower than last month, and still above the threshold. Manufacturing continued to expand; non-manufacturing PMI was 54.9%, down 1.4 percentage points from the previous month , The pace of non-manufacturing expansion has slowed down.
  • Ministry of Public Security: From April 29th to May 6th, the number of passengers sent by the railway will exceed 100 million, of which more than 17 million passengers will travel by train on May 1.


  • Wei Lai Automobile Li Bin: A fire at the Surry plant in mid-May will affect the global automotive chip industry chain. The shortage of chips will have a certain impact on NIO’s April delivery, and the entire supply chain capacity will face certain challenges. It is expected that there will be an improvement in the third and fourth quarters.
  • Audi CEO Marcus: It is estimated that by 2030, fuel vehicles will give up about half of the global high-end car market to electric vehicles. Hybrid vehicles that mix traditional power and battery power are driving this transition, and pure electric vehicles will dominate after 2030.
  • Panasonic is making final arrangements for establishing a business alliance with TCL and outsourcing the production of small and medium-sized TVs to the latter, hoping to reach an agreement in May. It is expected that Panasonic’s internal TV production will drop by more than 40%, to about 3.5 million units/year. At the same time, Panasonic may terminate the production of TVs in India and Vietnam as early as this fiscal year.
  • IDC: In the first quarter, driven by the demand for remote work and online education, global tablet shipments reached 39.9 million units, a year-on-year increase of 55.2%, the highest growth rate since 2013. Apple, Samsung, and Lenovo rank in the top three. Lenovo’s shipments reached 3.8 million units. This quarter’s shipments increased by 138.1% year-on-year, and the growth rate exceeded 100% for two consecutive quarters.
  • China Gold Association: In the first quarter, the domestic raw material gold production was 74.44 tons, a year-on-year decrease of 8.19 tons, a decrease of 9.92%; the actual national gold consumption was 288.20 tons, a year-on-year increase of 93.90%. Gold consumption in the first quarter has returned to the level of the same period in 2019.