On 10 june, the national statistical office published price data for may. In may, the cpi (consumer price index) round share decreased by 0. 1 per cent, an increase of 1. 2 per cent over the same period and a 1. 1 per cent increase in the core cpi net of food and energy prices. The ppi (producer price index for industrial producers) rounded up by 0. 5 per cent, or 3. 9 per cent over the same period. Ppirm (industrial producers purchased price index) increased by 1. 3 per cent and 5. 8 per cent from year to year。
Daily economic news
The daily economic news reporter noted that ppi has risen for six months since last december and is at a high rate of nearly four years since august 2022。
In terms of ring comparison, the national ppi rose by 0. 5 per cent. Increases in prices in related industries, such as increased computing demand, led to price increases of 4. 8 per cent and 3. 1 per cent for tin and copper smelting, respectively; 2. 9 per cent and 1. 9 per cent for integrated circuit blockage test series, external storage equipment and components, respectively; and 8. 0 per cent and 1. 2 per cent for fibre-optic manufacture and cable manufacturing, respectively。
Ia depth integration with areas
Previously, the relevant head of the national development and reform commission stated that by the end of the 15th century, china's ai-related industries were expected to be over 10 trillion yuan in size, leading to wider growth。
Behind this certainty is the increasing global demand for artificial intelligence industries。
By comparison, in may, the process of electrification accelerated, artificial intelligence was deeply integrated with various fields, and growth in computing demand led to higher prices for non-ferrous metals, electrical machinery and computer-related industries。
In an interview with a journalist for daily economic news, von lin, the executive director of the ministry of research and development of the east, said that the global investment in artificial intelligence boom had boosted the price of chips and non-ferrous metals, such as copper, and also pushed the country's ppi。
The breakdown shows an increase of 1. 1 per cent in the price of non-ferrous metal smelting and scalding industries in may, including 4. 8 per cent and 3. 1 per cent, respectively, for tin smelting and copper smelting; 0. 6 per cent in the manufacturing sector for computer communications and other electronic equipment, with 2. 9 per cent and 1. 9 per cent, respectively, for the integrated circuit blockage test series, external storage equipment and components; and 0. 5 per cent in the manufacturing sector for electrical machinery and equipment, with 8. 0 per cent and 1. 2 per cent, respectively, for fibre-optic manufacture and cable manufacturing。
In the area of consumption, feng lin points out that the current global wave of investment in artificial intelligence drives the price of chips up sharply, with domestic mobile phone prices rising, reaching 6. 6 per cent in may。
Ai infrastructure continues to expand significantly
Has there been an increase in investment in artificial intelligence infrastructure in the country since this year, driven by the need for computing power? What are the main components of the investment
In an interview with a journalist for daily economy news, the national fund management company ltd. (hereinafter referred to as the national fund) noted that this year, driven by a large model, domestic investment in artificially intelligent infrastructure continued to increase significantly, with funding being directed to four main components: first, a cluster of centres of wisdom, focusing on the construction of a vanka-class ai calculator, bulk procurement of ai servers, national production accelerators, large-capacity storage equipment, and the need for model training and reasoning; second, high-speed internet communications, upgrading of 400g/800g-ray modules, high-speed switches, and the establishment of an integrated national power control network; third, a green-dispersible heat and power interface, the promotion of cold panels and impregnated liquid cooling programmes, the improvement of the system of coordinated power supply; and fourth, a power-mobilization platform, data resource bottom and machine-based software, which combines power interconnection and energy-saving carbon substitution。
What are the respective links in the aii industry chain
In conjunction with the industrial chaining of artificially intelligent infrastructure (ais), knf states that non-ferrous metal smelting, electrical machinery and computer communications-related industries are at the core of the following: copper, tin, and non-ferrous metals are at the upstream base end of the material, which is the core material for the ai server, advanced chip containment; fibre-optic, wire cables are classified as mid-stream network and power interfaces, which support the interconnectivity and power operation of the calculus cluster; integrated circuit sealing, off-site storage equipment are part of the medium-range computing and storage hardware manufacturing chain, which is the key vehicle for the drop of artificial intelligence chips and data carrying. The three plates are rounded together and together constitute the bottom-up infrastructure for artificial intelligence development。
How is the follow-up market demand in ai-related industries viewed
According to kf, looking to the future, large artificial intelligence models, overlays, numerical clusters, are long-term core drivers, superimprovements of industrial electrification, maintenance of tight supply and demand patterns of metals such as copper and tin, and price support; high-end fibre-optics, special cables, sustained increases due to high-speed networks and the construction of high-power data centres; advanced containment, storage equipment, driven by artificial intelligence chips, large-volume data storage needs, full orders and tight production capacity. Overall, demand in the industry is expected to remain resilient for some time to come。
The price of pork continues to decline
In terms of overall price data, the cpi ring ratio moved from upward to downward, and the increase was the same as the increase; for ppi, the increase in the ppi ring was slowed down in may and further widened over the same period。
What are the factors that drag down prices
Von lin indicated to the daily economic news reporter that food prices continued to be weak in may. Among them, the price of pork continued to decline in may, increasing the same year to 16. 1 per cent (15. 2 per cent in the previous month) and the impact of the high base figure for the same period in the preceding year. The increase in the price of fresh fruit in the same month offset the impact of the negative reversal in the price of fresh vegetables and the rise in the price of eggs, leading to a 1. 7 per cent decline in food prices in may and a 0. 1 percentage point increase in the previous month. In addition, the seasonal decline in the travel needs of residents after the extended “five-one” leave and the corresponding reversal in the prices of air tickets and transport rentals for the same month, combined with the high base resulting from the staggered midday period during the same period of the year, led to a decrease of 0. 1 percentage points to 0. 8 per cent in the growth of the cpi for the same month。
She also noted that, as a result of, inter alia, the fall in subsidies policies, domestic car sales had been faster in the near future than in the lower part of the country. Moreover, driven by the situation in the middle east, the fall in international gold prices and domestic gold jewellery prices in may continued to weaken in support of the cpi。
Has the impact of changes in gasoline prices on price levels changed as the us-iraq conflict continued for months
According to von lin, the effect of the oil price rise factor on the domestic ppi ring movement has been significantly reduced as a result of slower oil prices, which was the main reason why the increase in the ppi was significantly slower in may than last month。
According to the chief statistician of the urban division of the national statistical office, in may the price of domestic gasoline was reduced by 0. 3 per cent from 12. 6 per cent last month to 5. 7 per cent from the previous month and 0. 1 per cent from 0. 39 per cent to 0. 01 per cent from the previous month, as compared to the impact on the cpi ring. By comparison, the increase in the price of gasoline, which was affected by the lower comparative base for the same period of the previous year, continued to increase to 23. 5 per cent, affecting the cpi by about 0. 66 percentage points。
