Aspects Of The Economy in The Middle Of The Year
Jul 24, 2023
On July 17, the 2023 China Economic Semi-Annual Report was released.
Since the beginning of this year, as the economy and society have fully resumed normal operation, my country's economic operation has gradually stabilized and improved, and the quality of development has steadily improved, but it is also facing some risks and challenges.
How do you view the recovery trend in the first half of the year? What policy measures are worth looking forward to in the second half of the year? Xinhua News Agency launched the "China Economic Roundtable" large-scale all-media interview program on the 17th. The first episode invited Fu Linghui, director of the National Economic Comprehensive Statistics Department of the National Bureau of Statistics, Li Hui, deputy director of the National Economic Comprehensive Statistics Department of the National Development and Reform Commission, and Liu Yuanchun, president of Shanghai University of Finance and Economics.
recovery in the world economic downturn
Opening the semi-annual report, the GDP increased by 5.5% over the same period last year, the total retail sales of consumer goods increased by 8.2% year-on-year, and the added value of the tertiary industry increased by 6.4% year-on-year...A number of indicators show that my country's economic operation continues to recover. At the same time, the slowdown in the growth rate of some indicators such as prices and exports has also attracted attention.
"Generally speaking, the economic operation is recovering and the quality of development is steadily improving." Fu Linghui said in an interview at the "China Economic Roundtable". The economic growth in the first half of this year was significantly faster than the whole of last year.
The executive meeting of the State Council held on June 16 studied a number of policy measures to promote the sustained recovery of the economy, including four aspects: increasing the intensity of macro-policy regulation, focusing on expanding effective demand, strengthening and optimizing the real economy, and preventing and defusing risks in key areas.
"These policies take into account supply and demand, focus on the present and the long-term, and coordinate development and security, reflecting the pertinence and operability of the policy." Li Hui said that the National Development and Reform Commission will promote relevant parties to introduce relevant policies and measures as soon as possible, promote the joint efforts of stock policies and incremental policies, and ensure that the policies are implemented and form a joint force. On the basis of full research, new reserve policies will be planned, and the policy toolbox will be continuously enriched to ensure that they can be obtained, used, and effective at critical moments.
China's economy has never been on a smooth road. We have continued to strengthen our health and grow stronger in the process of coping with a series of risks and challenges. In this process, the government has also accumulated very rich experience in macro-control. "Li Hui said.
