Annual economic targets can be completed

Urban unemployment rate declines, manufacturing investment growth rate rises

The National Bureau of Statistics announced on the 14th that China’s October economic data showed that indicators such as investment, consumption, and industrial growth slowed down, but the urban unemployment rate fell, new employment reached the full-year target ahead of schedule, manufacturing investment growth rebounded, and real estate sales area increased. The first time within the growth of growth. Liu Aihua, spokesperson of the National Bureau of Statistics, said that the downward pressure on the economy has continued to increase, but the economic operation is generally stable and stable. The main indicators are operating within a reasonable range. Economic growth has a long-term basis and short-term support. Basic, conditional, and confident to achieve the expected goals for the year.

According to Liu Aihua, data showed that industrial added value fell to 4.7% year-on-year in October, down 1.1 percentage points from September, but the growth rate of the automobile manufacturing industry hit a new high for more than a year and continued to grow for three consecutive months; The growth rate of consumption in the month fell 0.6 percentage points from the previous month to 7.2%. The cumulative growth rate of investment continued to remain at a low level, down 0.2 percentage points from the previous three quarters to 5.2%. However, the growth rate of the manufacturing industry rebounded slightly, and the growth rate of real estate sales this year. For the first time, it has turned from negative to positive, with an annual increase of 0.1%, and the leading indicators such as real estate boom have rebounded.

Liu Aihua said that from the overall situation in the first 10 months of this year, the indicators in the major economic sectors including industry, service industry, investment and consumption, the cumulative growth rate in the first 10 months was basically the same as that in the first three quarters, indicating that the overall economic situation did not occur. The change still maintains a smooth running situation.

Future economic situation: opportunities and challenges coexist

With the gradual effective effect of the counter-cyclical adjustment policy, it will help to gradually bring out the medium and long-term opportunities and advantages of the Chinese economy, and the potential for future growth will gradually accumulate.

For the future economic trend, Liu Aihua believes that in the long run, after long-term development, it has accumulated a solid material foundation, infrastructure is becoming more and more perfect, the industrial system is gradually complete, human resources are very rich, high-quality talents are increasing, and the market scale is also Growing up in cultivation. From these perspectives, the Chinese economy has sufficient resilience, great potential, and vigorous vitality.

In the short run, the economy continues to maintain a stable operation and still has a lot of support

The consumption potential continued to be released, the industrial upgrading momentum continued to accumulate, the openness continued to emerge, and the policy effects continued to emerge.


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