In the first quarter, Beijing's national economy grew by 8.6%, which was slightly lower than the growth rate of about 10% in the past two years, but it still maintained a steady and rapid growth. Zhao Lei, deputy director of the Municipal Development and Reform Commission, said yesterday that the economic growth of 8.6% does not mean that the economic growth momentum itself has weakened, but it is precisely the result foreseen by active regulation. For example, the full suspension of production at Shougang has a certain impact on industrial added value, and the regulation of the automobile and housing markets will also have a certain impact on investment, consumption , taxation and the added value of related industries.

　　The economic growth rate has slowed down, but some sectors have performed better than expected. In terms of consumption, in the first quarter, the retail sales of consumer goods increased by 11.9%. Excluding the impact of automobiles, the retail sales of consumer goods increased by 23.7%.

　　E-commerce continued to heat up, with the city's online sales reaching nearly 48 billion yuan, an increase of more than 60% year-on-year.

　　In March, the city's new commercial housing price index remained flat month-on-month and rose 4.9% year-on-year, with the growth rate falling significantly and investment and speculative housing purchases being curbed. Zhao Lei said that in the future, investment will shift to commercial buildings.

　　In the first quarter, the city sold 93,000 cars, down 67.1% year-on-year, of which 61,000 were new cars, down 65.5%; and 32,000 were used cars, down 69.8%. It is estimated that the city's car sales will decrease by 60 billion to 100 billion yuan due to the purchase restriction policy.