As of October 30, all the "three quarterly reports" of 31 provinces had appeared. The reporter of economic information daily found that the overall recovery trend of local economies and the accumulation of emerging kinetic energy continued. It is worth noting that the opening year of the 14th five year plan has entered the closing season, and the completion of the annual economic goals and tasks has also ushered in a sprint period. Many localities held intensive meetings to plan a decisive battle in the fourth quarter and sprint for the annual economic goals. Efforts to stabilize industrial economic growth, greater efforts to stimulate consumption potential and spare no effort to expand effective investment have become the key driving points. At the same time, it has also been widely emphasized to further bail out market players and stimulate the vitality of market players. Following the announcement of the "three quarterly reports" of China's economy, local governments have also successively handed over the "report cards" of the third quarter. According to the data, the top ten provinces in terms of GDP are Guangdong, Jiangsu, Shandong, Zhejiang, Henan, Sichuan, Fujian, Hubei, Hunan and Anhui. Among them, the GDP of Guangdong and Jiangsu exceeds 8 trillion yuan; Shandong, Zhejiang and Henan exceeded 6 trillion yuan, 5 trillion yuan and 4 trillion yuan respectively. In terms of economic growth, the GDP growth of 10 provinces such as Hubei, Hainan, Beijing, Zhejiang, Shanxi, Jiangsu, Anhui, Jiangxi, Shandong and Chongqing in the first three quarters exceeded the national growth rate (9.8%). The overall continuation of the recovery trend of local economies and the continuous accumulation of emerging kinetic energy have become prominent features. At the press conference held by the local government, when introducing the economic trend in the third quarter, the relevant person in charge frequently stressed the keywords of "stability recovery", "structural optimization" and "quality and efficiency improvement". "The foundation of stable economic operation has been continuously consolidated, the factors of" progress "in economic operation have been continuously accumulated, and the development toughness has been continuously displayed." Yang Hongyi, member of the Party group of Chongqing Municipal Bureau of statistics, introduced that in the first three quarters, the added value of Chongqing's high-tech manufacturing industry increased by 22.1% year-on-year, 7.9 percentage points higher than the industrial level above the designated level; The growth of new high-tech products was strong. New energy vehicles, optical cables, lithium-ion batteries, integrated circuits and industrial robots increased by 2.2 times, 73.4%, 38.2%, 20.9% and 16.6% respectively year-on-year. "Shandong's economy has shown new changes in terms of economic development indicators, economic structure indicators, economic quality indicators and economic vitality indicators," said Lu Wanming, deputy director and spokesman of Shandong Provincial Bureau of statistics. Taking investment as an example, Shandong's "four new" economic investment increased by 12.3% year-on-year in the first three quarters and 14.1% on average in the two years; Accounting for 50.2% of the total investment, an increase of 1.6 percentage points year-on-year. At the time of intensive disclosure of the "three quarterly reports" of the economy, many places are also meeting intensively to deploy the specific requirements for decisive battle in the fourth quarter and sprint for the annual economic goals. On October 30, Hubei Province held a promotion meeting to strive to achieve "wonderful throughout the year" in the fourth quarter, emphasizing the need to focus on key points, overcome difficulties and strive to deliver a successful answer to "wonderful throughout the year"; We will strive to achieve results in stabilizing growth and strengthen the study, judgment and regulation of economic operation. Guangxi has also recently held an economic operation analysis and dispatching meeting of "making a good ending in the fourth quarter", studying and deploying the work related to "stabilizing growth and closing officials", and making every effort to sprint to complete various development goals and tasks throughout the year. From the signals released by the relevant meetings, stabilizing industrial economic growth, stimulating consumption potential and expanding effective investment are still the key plays. For example, Shandong proposes to focus on new growth points, focus on key industrial chains, establish and improve the working mechanism of chain length system, plan new projects based on building a strong chain, and take solid measures to promote the project to be put into operation and reach production. Hubei stressed the need to concentrate on promoting consumption, strengthen policy guidance, cultivate consumption hotspots, optimize product supply, run a good festival platform and fully release consumption potential. Guangdong stressed that it is necessary to focus on the annual construction objectives, reverse the construction period nodes, fully promote the commencement and operation of projects, and speed up the construction progress of projects under construction; We should make good use of the special bonds of local governments and the investment funds in the central budget, strengthen supervision over the use of funds, ensure that the physical workload is formed as soon as the funds are in place, and fully support the steady growth of fixed asset investment in the fourth quarter of this year and the first half of next year. In addition, in terms of further relief for market players, the special meeting on economic operation of Henan Province stressed to deepen the activity of "10000 people helping 10000 enterprises", promote the implementation of preferential policies for enterprises, and fully stimulate the vitality of market players. "At present, all localities are sprinting through the economy in the fourth quarter to ensure that the economic goals set at the beginning of the year can be achieved on schedule. On the premise of stabilizing foreign trade, increasing effective investment and expanding consumption have become the key points." Liu Xiangdong, deputy director of the economic research Department of the China Center for international economic exchanges, told the economic information daily that increasing investment should not only expand the traction of financial funds, We should also stimulate the potential of social investment. In terms of expanding consumption, we need to continue to optimize the consumption environment, focus on expanding bulk consumption such as automobiles, timely improve service consumption and new consumption, and give play to the basic role of consumption in economic growth. Liu Xiangdong also pointed out that in order to ensure that the economy can win the "closing battle" throughout the year, while increasing the support of fiscal and monetary policies, we should continue to implement cross cycle regulation, stimulate market vitality through deepening the reform of system and mechanism, and clear the blocking points of economic cycle, such as accelerating the smooth supply and demand of coal and electricity and mobilizing the enthusiasm of market players, At the same time, effectively respond to the pressure of rising upstream raw material prices and help small, medium-sized and micro enterprises to bail out. Gao Ruidong, managing director and chief macroeconomist of Everbright Securities, told the economic information daily that China's economic growth fell year-on-year in the third quarter due to the rise of the base last year and the impact of multiple factors such as the epidemic and flood. However, on the whole, the economic operation of all localities still maintains a stable recovery trend, and the pace of high-quality development is accelerating. Looking forward to the economic trend of the whole year, with all localities further stimulating the driving force of economic growth, it is expected that the two-year average growth rate of China's economy in the fourth quarter is expected to stabilize and recover, industrial upgrading will continue to promote, and the basic trend of steady and long-term economic growth will not change. "On the one hand, in the first half of the year, China's fiscal policy retained a large room for development. At present, all localities have accelerated the issuance of special bonds to form a physical workload, which will effectively support domestic demand. On the other hand, the manufacturing industry has a good recovery momentum in the third quarter. All localities have carefully studied and planned commercial, cultural and tourism activities to expand consumption, boost residents' consumption, and are expected to use consumption upgrading to drive high-quality consumption Supply and promote the adjustment and upgrading of industrial structure, "said Gao Ruidong. (outlook new era)