Development and Reform Commission: the ability to achieve annual economic goals

Data from the official and Internet platforms show that the haze of China's hard landing is dissipating.

 

National Development and Reform Commission website published an article on the 22nd, said China has the ability to achieve the desired annual economic development targets. From the civil data is the best footnote, netizens interest in small and medium enterprises began to recover, consumer price index began to rise.

 

7% of the formation of the incremental far more than double-digit growth period

 

National Development and Reform Commission's article said that the current economic operation is generally stable, continue to be in a reasonable range. China's economy grew 7% in the first half of the year, unchanged from the first quarter, in line with the expected growth target for the year. "This 7% is achieved on the basis that the total economy has exceeded $ 10 trillion, resulting in a much higher growth than double-digit growth."

 

In the structural adjustment, innovation-driven development of the institutional mechanisms to further improve the market, the main business innovation enthusiasm. The first seven months of domestic invention patent licensing increased by 56.7%; strategic emerging industry enterprises to maintain rapid growth in revenue and profits.

 

Official and private data confirm each other

 

According to a preliminary benchmark developed by Baidu, the recent interest rate for small and medium-sized businesses began to recover after the lowest level since 2010. Baidu handled more than 6 billion searches per day.

 

In the external concern of the consumption data, the official data and civil data have also been confirmed.

 

In the first half of the year, China's contribution to economic growth has reached 60%, an increase of 5.7 percentage points year on year. Alibaba's research department developed indicators show that in August this year, the price of all online sales of goods increased by 7.4%. Among the 10 categories tracked in Alibaba, a category, including collectibles and financial services, grew 14.1 percent year on year, entertainment and education grew 13.7 percent, and food grew 13.1 percent.

 

Reform efforts to increase the intensity is the driving force

 

Another positive signal is that industrial-oriented service industry-led transition trend is obvious. In the first half of China's service sector grew by 8.3%, accounting for the proportion of GDP rose to 52.5%. New energy vehicles, industrial robots, smart TV, rail transportation equipment and other production to achieve double or even double growth.

 

National Development and Reform Commission's article said that the reason why structural adjustment has made positive progress, largely due to the increasing efforts to reform, the market for the decisive role of resource allocation to further play. Comprehensive analysis of the second half of China's economy will continue to run in a reasonable range, the overall trend will not change the smooth, the annual economic growth is expected to remain at around 7%. In the overall economic growth is stable, the market supply and demand situation is basically stable, the job will continue to increase, the overall price level rose modestly, the annual economic development of the main expected goals can be achieved.