With its own certainty, the Chinese economy has once again injected confidence into the global economy with increased uncertainty.

 

The data released on the 16th showed that China's economy achieved 6.8% growth in the first half of the year. Although some structural and local problems still exist, and the external environment facing development is complicated, China's economy continues to be generally stable and stable, and the economy has started well towards high-quality development.

 

The economy maintains a steady "ground color"

 

Shenyang, Liaoning, an important industrial town, has witnessed a seven-quarter consecutive increase in regional GDP growth rate, an increase in the value-added of industrial enterprises above designated size for 17 consecutive months, and a fixed-asset investment growth rate for 13 consecutive months. The growth rate of production in May was stable, and the growth rate of investment, general public budget expenditures, passenger and freight transportation, etc., all accelerated from the first quarter.

 

From the development trend of one north to one south, it is enough to get a glimpse of the basic economic operation. The main indicators of the fresh "fired" on the 16th showed that China's economy continued its overall stable and stable development.

 

In terms of growth rate, the GDP in the first half of the year achieved 6.8% growth, of which the growth in the second quarter was 6.7%, and has been operating in the middle and high speed range of 6.7% to 6.9% for 12 consecutive quarters.

 

In terms of employment, the unemployment rate in the national urban survey in June was 4.8%, which has been below 5% for three consecutive months. This is also the lowest level since the establishment of the national monthly labor force survey system by the National Bureau of Statistics in 2016.

 

From the perspective of commodity prices, national consumer prices rose by 2% year-on-year in the first half of the year, and industrial producers' ex-factory prices rose by 3.9%. Market supply and demand were basically balanced, and demand remained stable.

 

"Overall, the national economy continued its overall stable and stable development in the first half of the year, and the accumulation of favorable conditions to support the economy's high-quality development increased, laying a good foundation for achieving the main economic and social development goals for the year." The country Statistics Bureau spokesman Mao Shengyong said.

 

However, some changes in macro indicators have also raised concerns about the “downward pressure on the Chinese economy”. The latest data shows that the growth rate of consumption, investment and other demand indicators fell slightly compared with the first quarter, and the growth rate of industrial added value also fluctuated in the short term.

 

In this regard, Mao Shengyong analyzed that the fluctuation in the growth rate of the total retail sales of social consumer goods was mainly due to the impact of the adjustment of automobile import tariffs on July 1 and the short-term decline in sales of automobile products. "Domestic demand is the decisive factor, and external demand remains an important variable.