In 2022, China's economic aggregate will be the second in the world, with a year-on-year growth of 3%. On January 17, the annual report of China's economy in 2022 was released. According to the preliminary calculation, the gross domestic product (GDP) of the whole year last year increased by 3% over the previous year at constant prices. From a quarterly perspective, the first quarter saw a year-on-year increase of 4.8%, the second quarter saw a year-on-year increase of 0.4%, the third quarter saw a year-on-year increase of 3.9%, and the fourth quarter saw a year-on-year increase of 2.9%. "Last year, China's total economic output exceeded 120 trillion yuan, and its economic growth was faster than that of most major economies," said Kang Yi, director of the National Bureau of Statistics, at the press conference of the National New Office of the People's Republic of China on January 17. What about the total amount of 120 trillion yuan? The comprehensive national strength has reached a new level, and we will continue to strive for 2022. The total economic volume of our country is calculated at the average annual exchange rate, and 120 trillion yuan is equivalent to about 18 trillion dollars, ranking the second in the world. "It is not easy to hand over such a report card in the face of many unexpected factors, such as frequent outbreaks of epidemic, extreme high temperature weather, etc., under the complex situation of the century's changes and the century's epidemic situation." Kang Yi said. Improve the quality and efficiency of industrial development. The added value of the national industry reached 40.2 trillion yuan, and the added value of the manufacturing industry reached 33.5 trillion yuan, both ranking first in the world; The contribution rate of industry to economic growth reached 36%. The infrastructure has been improved. By the end of 2022, the operating mileage of national railways has reached 155000 kilometers, of which 42000 kilometers of high-speed railways are the world's leading. China has also built the world's largest and technologically advanced network infrastructure. The scale of domestic demand continues to expand. Despite the repeated impact of the epidemic, the total retail sales of consumer goods stabilized at around 44 trillion yuan last year, including 12 trillion yuan of online retail sales. Kang Yi said that China is still the second largest consumer market and the first largest online retail market in the world, and the advantage of large-scale market is still obvious. Last year, China's investment in fixed assets exceeded 57 trillion yuan, an increase of 5.1% over the previous year, providing strong support for sustained economic growth. In terms of per capita level, China's per capita GDP will reach 85698 yuan in 2022, an actual increase of 3% over the previous year. According to the report of the 20th National Congress of the Communist Party of China, by 2035, the overall goal of China's development is to significantly increase its economic strength, scientific and technological strength and comprehensive national strength, and to raise the per capita GDP to a new level. "At present, China's per capita GDP is only 12700 US dollars. To achieve the goal, we need to work harder and continue to struggle," Kang Yi said. What about the 3% growth rate? The economic operation is generally stable, and high-quality development is firm and powerful. Last year, China's GDP grew by 3% year on year. What about this growth rate? From the perspective of multiple challenges, it is not easy to achieve this growth rate because the epidemic needs to be prevented, the economy needs to be stabilized and the development needs to be safe. In the early part of the second quarter of last year, the national economy declined for a time under the impact of some unexpected factors.