Most indicators of the national economy in August were better than those in last month. China's economy continued to recover in general
2022-09-20
Core reading Most indicators of the national economy in August were better than last month, the recovery of the automobile industry was accelerated, and the demand for electricity was actively guaranteed... On September 19, the National Development and Reform Commission held a press conference to introduce the economic operation. Next, we will further effectively coordinate epidemic prevention and control and economic and social development, and make every effort to implement a package of policies and 19 follow-up measures to stabilize the economy. A few days ago, the National Bureau of Statistics released economic data for August, which showed that China's economy has generally continued the trend of recovery and development. At the September press conference of the National Development and Reform Commission held on September 19, Meng Wei, a spokesman of the National Development and Reform Commission, said that the current economic recovery is at a critical juncture. The National Development and Reform Commission will, in accordance with the requirements of preventing the epidemic, stabilizing the economy and ensuring the security of development, effectively coordinate the prevention and control of the epidemic and economic and social development, and spare no effort to implement a package of policies and 19 follow-up measures to stabilize the economy. The main indicators showed positive changes and were at the critical juncture of economic recovery. On the whole, most indicators of the national economy in August were better than last month. Effective investment continued to expand. Recently, under the promotion of the coordination mechanism for promoting effective investment in important projects, all relevant departments have stepped up efforts to promote effective investment, and the first batch of policy oriented development financial instruments of 300 billion yuan has been fully invested. In the first eight months, fixed asset investment increased 5.8% year on year, 0.1 percentage points faster than that in the first seven months; Among them, manufacturing investment and infrastructure investment increased by 10.0% and 8.3% respectively, 0.1 and 0.9 percentage points faster than that in the previous July. The market potential is gradually released. In the first eight months, the cumulative growth rate of total retail sales of consumer goods changed from negative to positive, and residents' consumption recovered steadily. Among them, auto consumption grew rapidly. According to the data of China Association of Automobile Manufacturers, the auto sales volume in August was 2.383 million, with a year-on-year growth of 32.1%. Industrial production continued to recover. In August, the added value of industries above designated size increased by 4.2% year on year, 0.4 percentage points faster than that of last month, and the output of equipment manufacturing industry, new energy vehicles, mobile communication base station equipment, solar cells and other products grew rapidly. The employment price situation is stable. In August, the unemployment rate in the national urban survey was 5.3%, down 0.1 percentage points from the previous month; Consumer price (CPI) rose 2.5% year on year, 0.2 percentage points lower than that of last month. "Despite the positive changes in the main indicators, the foundation for domestic economic recovery is still not solid and is at the critical juncture of economic recovery." Meng Wei said that, according to the deployment of the CPC Central Committee and the State Council, we will seize the moment to implement various policies, promote the relevant measures to be taken early and quickly, make every effort, and achieve results as soon as possible. Steady investment, accelerate the first batch of policy oriented development financial instruments worth 300 billion yuan to form physical workload as soon as possible, while making good use of the newly added policy oriented development financial instruments worth more than 300 billion yuan, do a good job in project screening and recommendation, speed up capital investment, urge the local government to seize the construction window, and promote the project construction as soon as possible. Promote consumption, accelerate research and promote the introduction of policies and measures, actively create new consumption scenarios, and accelerate the recovery of consumption. Helping enterprises to rescue, focusing on deferring part of administrative fees and deposits
Edit:Luo yu Responsible editor:Zhou shu
Source:People's Daily
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