Have confidence to realize the overall improvement of economic operation -- Kang Yi, Director of the National Bureau of Statistics, talks about current economic hotspots

2023-03-13

How do you view China's economic performance in 2022? What do you think of the economic situation in 2023? Kang Yi, Director of the National Bureau of Statistics, responded at the third "ministerial channel" of the first session of the 14th National People's Congress held on the 12th. Kang Yi said that China's gross domestic product (GDP) will reach 121 trillion yuan and per capita GDP will reach 12700 dollars in 2022; The annual consumer price index (CPI) rose only 2%; The unemployment rate in urban survey fluctuated from month to month, dropping to 5.5% at the end of the year; Foreign exchange reserves remained above US $3 trillion. It is reported that in 2022, the total social research and experimental development (RD) investment will exceed 3 trillion yuan, with a ratio of 2.55% to GDP; The contribution rate of domestic demand to economic growth reached 82.9%, 4.8 percentage points higher than the previous year; The energy consumption per unit of GDP decreased by 0.1% compared with the previous year... "In the face of complex situations and difficulties last year, we did not relax in promoting high-quality development, anchored the direction of high-quality development, and pushed forward high-quality development, which has achieved very obvious results." Kang Yi said. 2023 is the first year to fully implement the spirit of the 20th CPC National Congress. The work report of the government has made it clear that one of the main expected goals of China's development this year is to increase the gross domestic product by about 5%. "I am full of confidence in the overall improvement of the economic operation and the realization of the expected growth target of about 5%." Kang Yi said that this confidence comes from two aspects, one is the judgment of the basic aspects of economic development, and the other is the observation of the basic situation of economic operation since more than two months this year. In the medium and long term, China is still a developing country, with huge development space and potential, obvious advantages in the super-scale market, sufficient labor supply, and unchanged long-term fundamentals. "Many experts, scholars and research institutions at home and abroad are studying the potential growth rate of China's economy, and the estimation of the potential growth rate of China's economy is basically between 5% and 6%. As the normal order of production and life speeds up, China's economic growth is expected to return to the potential growth level," Kang Yi said. From the first two months of this year, market expectations are improving. For example, the purchasing managers' index of China's manufacturing industry rose to 52.6% in February, and some international organizations and institutions also raised their economic growth expectations. Economic indicators showed a trend of improvement, such as railway freight volume, power generation, and RMB loan balance all grew steadily. "However, the Chinese economy still faces many uncertainties, the development environment is very complex, and there are still some deep-seated and structural contradictions and problems in the domestic economic operation." Kang Yi said that the new development concept should be fully, accurately and comprehensively implemented in accordance with the deployment of the central economic work conference and the government work report, so as to accelerate the construction of a new development pattern and promote high-quality development. Statistics is a basic and comprehensive work for economic and social development. Kang Yi said that this year's statistical work is mainly to adhere to serving Chinese path to modernization and focus on promoting the reform of statistical modernization. "This year, we will organize the implementation of the fifth national economic census. This economic census will carry out an input-output survey as a whole for the first time. It is not only to investigate the economic aggregate and layout, but also to understand our" family background ", as well as the structure."

Edit:He Chuanning    Responsible editor:Su Suiyue

Source:Xinhua

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