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Five Main Indicators Showing the Stable Economic Situation with Improvement

Submit Time:30-10-2017 | Zoom In | Zoom Out

Author:Zhang Yi | Source:Guangming Daily (September 15, 2017)

Abstract:

Spokeswoman Liu Aihua of the State Statistics Bureau pointed out at the press release of the State Council Information Office on the 14th September that, the indicators on five aspects of growth, employment, price, structure and quality and efficiency showed that the economic growth of China during January to August was still kept in an appropriate range, the restructuring was deepened further, the overall quality and efficiency increased continually, and the economic performance still maintained the situation of stable development with progress and improvement.  

Liu Aihua elaborated the main features of the national economy performance in the first 8 months by interpreting the indicators on five aspects:  

——Steady growth. During January to August, the added value of industrial enterprises above designated scale grew by 6.7% on a year-on-year basis, 0.7 percentage points more than that of the same period last year; the production index of the service industry was 8.3%, 0.2 percentage points higher than that of the same period last year; the fixed asset investment grew by 7.8% on a year-on-year basis, with investment in areas to strengthen weak areas maintained a fairly high growth rate; and import and export maintained a two-digit growth rate.  

——Improving employment. In August, the urban surveyed unemployment rate in 31 big cities was kept below 5%, slightly lower than that of the previous month; during January to August, 9.74 million people got new jobs in cities and towns, 260,000 people more than that of the same period of previous year.  

——Mild price. In August, the CPI increased by 1.8% on a year-on-year basis, and by 0.4% from that of the previous month, at a fairly mild level compared with either the same period in the recent years, or the main economies in the world.  

——Optimizing structure. In the industrial structure, high-tech sectors in the industry still maintained rapid growth, while the growth of high energy-consuming manufacturing sectors slowed down to a certain extent; in demand, products for upgrading consumption grew fairly rapidly; optimization of investment structure became more apparent, investment in high-tech areas grew rapidly, more efforts were made in the transition an upgrading of traditional industries, and the investment in infrastructure and weak areas continued fairly rapid growth.  

——Improving quality. During January to July, profits in industrial enterprises above designated size improved continually, operation profits in the service industry continued rapid growth, and financial revenue has maintained a fairly satisfactory growth rate this year.  


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