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National Bureau Of Statistics: China'S GDP Grew 5.5% Year-On-Year In The First Half Of The Year

2023/7/19 15:31:00 0

According to the data released by the National Bureau of Statistics recently, the gross domestic product (GDP) in the first half of the year was 59303.4 billion yuan, an increase of 5.5% year on year at constant prices, 1 percentage point faster than that in the first quarter, 3% faster than last year's economic growth, and 4.5% faster than the average growth rate in the three years of the epidemic. Economic growth has kept rising.

"In the first quarter of this year, the GDP of the United States, the euro area, Japan and Brazil increased by 1.8%, 1%, 1.9% and 4% year on year respectively. Even considering the situation in the second quarter, China's economic growth in the first half of the year was still the fastest among the major economies." Fu Linghui, spokesman of the National Bureau of Statistics, said.

Investment and consumption data show that domestic demand has shown a bottoming and stabilizing trend. In the first half of the year, the total retail sales of consumer goods reached 22758.8 billion yuan, up 8.2% year on year, 2.4 percentage points faster than that in the first quarter. By the location of the business unit, the retail sales of urban consumer goods reached 19753.2 billion yuan, up 8.1% year on year; The retail sales of rural consumer goods reached 3005.6 billion yuan, up 8.4%. By type of consumption, retail sales of goods reached 20325.9 billion yuan, up 6.8%; Catering revenue was 2432.9 billion yuan, up 21.4%.

The sales of basic living commodities grew steadily, and the retail sales of clothing, shoes, hats, needles, textiles, grain, oil and food commodities of units above the designated size increased by 12.8% and 4.8% respectively. The sales of upgraded commodities grew rapidly, and the retail sales of gold, silver and jewelry, sports and entertainment products, and cosmetics of units above the designated size increased by 17.5%, 10.5%, and 8.6% respectively. The national online retail sales reached 7162.1 billion yuan, up 13.1% year on year.

Among them, the online retail sales of physical goods reached 6062.3 billion yuan, up 10.8%, accounting for 26.6% of the total retail sales of consumer goods. In June, the total retail sales of consumer goods increased by 3.1% year on year and 0.23% month on month.

How to view the operation of China's national economy in the first half of the year? Can the annual economic growth target be achieved?

At the July press conference held by the National Development and Reform Commission on the morning of July 18, Li Hui, Deputy Director of the National Economic Comprehensive Department of the National Development and Reform Commission, responded that China's economy is strong in resilience, great in potential, and full of vitality. The fundamentals of long-term improvement have not changed, and positive factors promoting the overall improvement of the economy are accumulating. "Looking back at the economic operation in the first half of the year, the first quarter achieved a good start, and the second quarter continued to recover, and China's economy showed a recovery trend," she said.

"The world's political and economic situation is complex. The global economy is facing great downward pressure. There are many unstable and uncertain factors, which have many impacts on China's development. At the same time, domestic economic development is also facing some risks and challenges, and the foundation for sustained economic recovery is not yet stable." Li Hui stressed, but more importantly, China's economy has strong resilience, great potential, and sufficient vitality, The fundamentals of long-term improvement have not changed, and positive factors promoting the overall improvement of the economy are accumulating.

Jin Xiandong, director of the Policy Research Office of the National Development and Reform Commission, said that since this year, the economy and society have resumed normal operation in an all-round way, and the policies and measures to restore and promote consumption have continued to be effective. The consumer market as a whole has shown a good recovery trend. Consumption in catering, tourism and other fields has exceeded the pre epidemic level, and the final contribution of consumer spending to economic growth has reached 77.2%, This is significantly higher than last year.

He said that at the same time, we should also see that there are still problems such as relatively weak consumption capacity and consumption expectations, infrastructure and consumption environment to be improved, and solving these problems is the key direction to promote consumption at present and in the future.

Next, the National Development and Reform Commission will work together with relevant parties to do four key jobs to address the pain points and obstacles that restrict residents from "being able to consume, daring to consume and willing to consume".

First, improve the consumption policy. "Since this year, we have issued a series of policies on building a high-quality charging infrastructure system and better supporting new energy vehicles to go to the countryside. We will continue to promote these policies to take effect, improve infrastructure and service environment, and make great efforts to stabilize consumption in key areas such as automobiles." He said that in view of the outstanding problems in the current consumption field, We will promptly formulate and issue policies to restore and expand consumption, and introduce a number of practical and effective policies and measures to stabilize mass consumption, promote automobile consumption and electronic product consumption, expand rural consumption, and optimize the consumption environment, and promote the implementation of effective policies and measures as soon as possible.

Second, improve consumption capacity, continue to do a good job in stabilizing employment and increasing income, implement detailed and stable employment policies and measures, and promote the employment of youth and other key groups; At the same time, relying on the mechanism of deepening the inter ministerial joint meeting of the reform of the income distribution system, we will systematically promote the key work in the area of income distribution, strengthen the support and assistance of key groups, increase the income of low-income people, and actively explore effective ways to promote the increase of residents' income.

Third, optimize consumption supply, promote the integration and innovation of digital technology, application scenarios and business models, cultivate and expand new business types and models of consumption, promote the upgrading of life consumption quality, and enrich and expand consumption scenarios; At the same time, we will continue to promote the formulation and revision of national and relevant industry standards in the field of people's livelihood consumption, and promote the improvement and upgrading of consumption supply.

Fourth, improve the consumption environment. With regard to the system and mechanism of restricting consumption, relevant departments will work with relevant parties to study and formulate policy documents on creating a secure consumption environment, improve the standard quality management system, strengthen quality and safety supervision, strengthen the construction of the consumer credit system, improve the diversified resolution mechanism of consumer disputes, and online consumer dispute resolution mechanism, Strive to create a comfortable and satisfactory consumption environment for consumers.