In August, my country's major economic indicators improved (authoritative release)

Policy efficiency has been accelerated, and the national economy continues to resume the development trend

In August, my country's major economic indicators improved (authoritative release)

The industrial production has rebounded, the growth rate of the service industry production index has increased by 1.2 percentage points from last month. The growth rate of the total retail sales of social consumer goods is 2.7 percentage points from last month ... September 16, the National Bureau of Statistics announced the operation of the national economic operation in August Most indicators are better than last month.

"In summary, under the influence of multiple factors such as external demand contraction, domestic epidemic distribution, extreme high -temperature weather, etc., the pressure of China's economy has continued to recover and runs in a reasonable range. At the press conference of the National New Office held on the 16th, Fu Linghui, spokesman for the National Bureau of Statistics, said.

The growth rate of manufacturing investment has accelerated, and the growth rate of infrastructure investment has risen for 4 consecutive months.

In August, with the implementation of a policy of stable economy and continuous policy measures, the policy efficiency was accelerated, and the national economy continued to resume the development trend. Most indicators were better than last month, of which investment data attracted much attention.

From January to August, the investment in fixed assets in the country increased by 5.8%year -on -year, which was 0.1 percentage points accelerated from the previous July.

The growth rate of manufacturing investment has accelerated. Affected by complex external uncertainty, the problem of poor industrial chain supply chain this year is more prominent. In the face of this situation, the investment in the manufacturing industry's reissue chain has increased. In the first August, manufacturing investment increased by 10.0%, a 0.1 percentage point accelerated from the previous July. The bank's medium- and long -term loans of the manufacturing industry have maintained rapid growth, and it also supports the rapid growth of manufacturing investment.

High -tech industry investment has grown rapidly. In the first August, investment in high -tech industries increased by 20.2%, of which investment in high -tech manufacturing and high -tech service industries increased by 23.0%and 14.2%, respectively. In the high -tech manufacturing industry, the investment in electronics and communication equipment manufacturing, medical instruments, equipment and instrument manufacturing industry increased by 28.0%and 27.4%, respectively; among high -tech service industries, investment in the service industry of scientific and technological achievements, research and development design service industries increased by 20.0, respectively. %, 16.9%.

Infrastructure investment has risen significantly. The use of local special bonds has been accelerated, the policy and development of financial instrument funds are effectively launched, and localities have actively promoted the construction of infrastructure and new infrastructure of transportation, energy, logistics, agriculture and rural areas, and promoted the accelerated growth of infrastructure investment. In the first August of this year, infrastructure investment increased by 8.3%, 0.9 percentage points accelerated from January to July, and the growth rate rose for 4 consecutive months.

Faced with the complex economic situation this year, the Party Central Committee and the State Council have introduced a series of policies and measures to stabilize economic operations, but insufficient demand is still a prominent contradiction in the current economic operation. Recently, the executive meeting of the State Council proposed to increase the amount of policy development of more than 300 billion yuan more than 300 billion yuan. At the same time, it was required to use more than 500 billion yuan in special debt deposit limits.

"These policies will help expand investment in fixed assets, especially infrastructure investment, and promote economic recovery." Fu Linghui said that preliminary statistics have been implemented in the early stage of the project's policy development financial instruments. There are more than 900 investment projects, and the total investment of the project has a total investment of more than 3 trillion yuan.

With the acceleration of the use of new local special bonds, localities have stepped up to implement special debt docking projects, which has effectively guaranteed the construction funds of investment projects. From January to August of this year, among the funds in the fixed asset investment, funds in the national budget increased by 36.2%year -on -year, and infrastructure investment funds increased by 17.4%year -on -year, which was 1.7 percentage points accelerated from the previous July.

"As the construction funds such as special bonds are gradually in place, infrastructure projects have begun, and investment progress has been accelerated." Fu Linghui introduced that from January to August this year, the number of new projects started in infrastructure reached 52,000, compared with the same period last year last year last year The increase of 12,000, an increase of 7,896 from the previous July; the total investment of newly started projects in infrastructure investment increased by 16.6%year -on -year, of which the total investment of newly started project plans for 100 million yuan and above increased by 18.8%year -on -year.

Resident consumer prices are basically stable

Since the beginning of this year, global inflation pressure has continued to increase. Because my country has not adopted the policy of "big water" in the early stage, this year has continued to increase the efforts of market preservation and stable prices. The supply of domestic goods and services is generally sufficient, and the consumer prices of residents are basically stable. In August, the consumer price (CPI) rose from 0.5%to 0.1%from the previous month to 0.1%, an increase of 2.5%year -on -year, and the increase fell 0.2 percentage points from the previous month.

From a month -on -month perspective, the CPI rises from rising, mainly due to the increase in the price of pork and fresh vegetables. In August, the price of pork rose 0.4%month -on -month, and the increase of 25.2 percentage points from the previous month; although the high temperature weather in the south had a certain impact on the supply of vegetables, the large number of vegetables in northern vegetables were listed, which caused the price of fresh vegetables to increase by 2%last month. 8.3 percentage points fell last month.

From a year -on -year perspective, the increase in CPI's increase is mainly due to the impact of the price increase of energy and fresh vegetables. In August, the year -on -year increase of energy prices in CPI fell 2.3 percentage points from the previous month, down the CPI increase of 0.16 percentage points; the price of fresh vegetables rose 6%, the increase fell by 6.9 percentage points from the previous month, and the CPI increased by 0.12 percentage points.

"In the next stage, the impact of international commodity prices on domestic prices is still uncertain, and the domestic economic recovery of prices will also increase. There are good conditions for stable prices. "Fu Linghui said. In August, the core CPI after deducting food and energy prices rose 0.8%year -on -year, the same as last month. Does the core CPI continue to be at a lower level, does it mean that internal demand is insufficient?

Fu Linghui said that since this year, affected by multiple factors such as the impact of the epidemic and changes in the external environment, domestic demand recovery is relatively slow than that of production recovery, and the contradictions of insufficient current demand are still relatively prominent. However, with the continuous landing of a policies and measures for the stability of the economy, the growth rate of consumption and investment in August has been rebounded in August. Among them, the total retail sales of consumer goods in August increased by 5.4%year -on -year, which was 2.7 percentage points accelerated from last month. The total retail sales of consumer goods in the first August increased by 0.5%year -on -year, and the cumulative growth rate from negative to positive.

"With the gradual emergence of these policy effects, the core CPI is at a low position." Fu Linghui said.

Active changes in the real estate market

On July 28, the Political Bureau of the Central Committee of the Communist Party of China held a meeting that it was necessary to stabilize the real estate market and insist on the positioning of the house to live and not for speculation. Demand, compact local government responsibilities, keep interactive buildings and stabilize people's livelihood.

Fu Linghui introduced that policy effects such as supporting rigidity and improving housing, making good use of policy toolboxes, flexible use of phased credit policies and special borrowing of insured relations are gradually emerging.

The decline in market sales has narrowed. From January to August this year, the sales area of ​​commercial housing nationwide decreased by 23%year -on -year, and the decline was narrowed by 0.1 percentage points from the previous July; the sales of commercial houses fell by 27.9%, a narrowing of 0.9 percentage points.

Investment projects have maintained growth. The local insurance diplomacy has steadily advanced, and the effect is gradually emerging. From January to August, the growth rate of real estate development projects, which is about to enter the delivery stage for more than 2 years, has accelerated compared with the previous July.

The decline in the funds of enterprises has narrowed. From January to August, real estate development companies have decreased by 25%year -on -year funds this year, and the decline is narrowed by 0.4 percentage points compared to the previous July.

"Although there have been some positive changes in the real estate market, we must also see that the real estate market is still downward, and the decline in real estate development investment has expanded year -on -year." Fu Linghui said that in the first August of this year, real estate development investment decreased by 7.4 year -on -year %.

Source: People's Daily Author: Lu Yanan

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