Sea review: The main indicators improve, and the Chinese economy is "better than expected"

Author:Overseas network Time:2022.06.16

On June 15, the National Economic Operations data released by the National Bureau of Statistics of China showed that the supply of production and supply has gradually risen, domestic demand has recovered, and foreign trade import and export have accelerated significantly ... The Chinese economy is gradually overcoming unfavorable factors and showing a restoration momentum. The positive changes in China's economy have attracted widespread attention from foreign media.

U.S. Consumer News and Business Channel (CNBC) observed that many economic data indicators in China resumed the momentum of "over -expected" in May. According to the CNBC journal, in May, industries above designated size increased by 0.7%year -on -year, while market analysts had previously predicted by 0.7%; from January to May, fixed asset investment increased by 6.2%, higher than the expected 6%of market analysts. Although "difficulties and challenges still exist", China's economic data is better than the expectations of market analysts surveyed by Reuters.

6月15日,在山东自贸试验区青岛片区,货轮堆满港口,片区一派繁忙景象。(图源:视觉中国)_副本.jpg

On June 15th, in the Qingdao area of ​​the Shandong Pilot Free Trade Zone, the freighter was piled up in the port, and the area was busy. (Source: Visual China)

Many foreign media focus on China ’s foreign trade data in May -the total import and export of goods increased by 9.6%year -on -year, and the growth rate accelerated by 9.5 percentage points from last month. The United States CNN uses "strong" to describe China's foreign trade data in May. The Voice of Germany states that China's foreign trade has rebounded in May, and exports and imports are faster than market analyst expectations. Voice of America states that China's imports and exports have rebounded strongly in May, and China's trade with major trading countries has increased significantly. Reuters reported that China ’s foreign trade prospects are facing problems such as high raw material costs, uncertainty caused by the conflict between Russia and Ukraine, and weak overseas demand. Large economies have begun to plan a path to alleviate the global supply chain crisis.

The recovery momentum of the Chinese economy in May once again shows that although the Chinese economy has fluctuated, the long -term good fundamentals have not changed. CNBC quoted Francois Huang, a senior economist of Andlian trade, saying that he may see more signs of recovery in the Chinese economy in the second half of this year. In the latest issue of China Economic Report released by the World Bank recently, it also gives a judgment that makes people from the world feel very excited: the growth momentum of the Chinese economy is expected to rebound in the second half of the year.

With China's efficient coordinating epidemic prevention and control and economic and social development, and promoting the implementation of a set of policies and measures for steady growth, the reasonable growth of China's economy in the second quarter of this year is worth looking forward to.

Preparation/Wang Yiyi

Planning, reviewing school/Niu Ning Maoli

Copywriter/Wu Huimin

Late, operation/Lu Ningyuan

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