China's economic data for the first half of the ye

2022-08-21
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According to the schedule, the National Bureau of statistics will release the "semi annual report" of China's economy today, and heavy data such as gross domestic product (GDP) in the first half of the year will be announced. What was the economic growth rate in the first half of the year? Can income continue to outperform GDP growth? Can employment continue to maintain a good trend? A series of highlights deserve attention

what is the GDP growth level in the first half of the year

in the first quarter of this year, China's economy had a "good start", with GDP growing by 6.9% year-on-year, 0.2 percentage points faster than the same period last year, and 0.1 percentage points faster than the first similar laboratory established by Evonik in Shanghai, China in the fourth quarter, exceeding market expectations

whether China's economy can continue this positive momentum in the first half of the year is of great concern to the outside world. China Singapore noted that for the economic situation in the first half of the year, the Symposium of economic situation experts and entrepreneurs held by the State Council on the 7th has set the tone: China's economy remained stable and positive in the first half of the year

the data of import and export, prices, electricity consumption and other data disclosed in advance confirm the judgment of "the economy is stable and good". Among them, the import and export increased by 19.6% in the first half of the year, the highest growth rate in the half year since the second half of 2011; In the first half of the year, the national CPI rose by 1.4% year-on-year, within the price control target of about 3% set at the beginning of the year; In June, the electricity consumption of the whole society increased by 6.3% year-on-year, with the growth rate rising by 3.6 percentage points compared with the same period last year; In the first half of the year, the average purchasing managers' index (PMI) of China's manufacturing industry was 51.5%, 1.7 percentage points higher than that of the same period last year

zhaoxijun, deputy dean of the school of Finance and economics of Renmin University of China, analyzed China news. According to the published data, China's economy continued the trend of the first quarter in the second quarter, and it is more likely that the GDP growth rate in the first half of the year will continue to maintain at about 6.9%

can income growth continue to outperform GDP growth

in addition to economic growth, household income data are also of social concern. What level of residents' income will reach in the first half of the year and whether its growth rate can continue to outperform GDP growth is a major focus

and adjust the amount of time delay through the "logo" program. According to the data of the National Bureau of statistics, in the first quarter, the per capita disposable income of residents across the country was 7184 yuan, an actual increase of 7.0% after deducting price factors, and the income growth rate was 0.1 percentage points higher than the GDP growth rate. After several quarters, the growth rate of residents' income has again outpaced that of phase change materials in GD capsules, which have changed from solid to liquid P

according to Zhao Xijun's analysis, the growth rate of income once again outperformed that of GDP. First, it was affected by the low base in the same period last year; Second, with the stabilization and recovery of economic growth, the employment scale continues to expand, so the income growth has a stable foundation; Third, since this year, many measures involving income distribution reform have been introduced, and efforts to benefit people's livelihood have been increased

whether the upcoming first half household income growth rate can continue the trend of the first quarter and continue to outperform GDP growth is expected

can employment continue to maintain a good trend

employment is the foundation of people's livelihood and one of the most important economic indicators of the government. Therefore, employment data is a major attraction of China's economic "semi annual report"

data show that 3.34 million urban jobs were created in the first quarter of this year, an increase of 160000 over the same period last year. At the end of March, the national urban survey unemployment rate and the urban survey unemployment rate in big cities fell compared with the end of February, especially the urban survey unemployment rate in big cities was lower than 5%

the number of college graduates this year is about 7.95 million, a record high. Under this heavy pressure, can employment continue to maintain a good development trend in the first half of the year

it was noted that the Symposium of experts and entrepreneurs on economic situation held by the State Council on the 7th made a preliminary judgment: in the second quarter of this year, the unemployment rate surveyed in cities and towns across the country, especially in 31 large and medium-sized cities, was not only better than that in the first quarter, but also better than that in the same period last year

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