China News Service, August 14 According to the website of the National Bureau of Statistics, the national economy continued to recover steadily in July. In July, all regions and departments coordinated epidemic prevention and control and economic and social development, production and supply continued to recover, market demand gradually recovered, employment prices were generally stable, new drivers were growing, market confidence tended to increase, and national economic operations maintained a stable recovery trend.

Industrial production grew steadily, and equipment manufacturing and high-tech manufacturing grew rapidly

  In July, the value added of the industrial enterprises above designated size increased by 4.8% year-on-year, the growth rate was the same as in June; the month-on-month increase was 0.98%. From January to July, the national industrial added value above designated size fell by 0.4% year-on-year, and the rate of decline narrowed by 0.9 percentage points from January to June. In July, in terms of economic types, the value added of state-owned holding companies increased by 4.1% year-on-year; joint-stock companies increased by 4.2%, foreign, Hong Kong, Macao and Taiwan-invested companies increased by 7.6%; private companies increased by 4.2%. Divided into three categories, the value added of the mining industry fell by 2.6%, the manufacturing industry increased by 6.0%, and the electricity, heat, gas and water production and supply industries increased by 1.7%. In July, the added value of the equipment manufacturing industry and high-tech manufacturing industry increased by 13.0% and 9.8% year-on-year, respectively, 8.2% and 5.0% faster than those of the above-scale industries. In terms of product output, the output of mining, shoveling and transporting machinery, automobiles, industrial robots, smart phones, and microcomputer equipment increased by 46.1%, 26.8%, 19.4%, 19.2%, and 17.8% respectively.

  From January to June, the national industrial enterprises above designated size achieved a total profit of 2,511.5 billion yuan, a year-on-year decrease of 12.8%, and the rate of decrease was 6.5 percentage points narrower than that from January to May. In June, the total profit achieved by industrial enterprises above designated size increased by 11.5% year-on-year. The speed was 5.5% faster than that in May.

The recovery of service industry production is accelerating, and the growth of modern service industry is good

  In July, the national service industry production index increased by 3.5% year-on-year, an increase of 1.2 percentage points from June. From January to July, the service industry production index fell by 4.7% year-on-year, and the rate of decline narrowed by 1.4 percentage points from January to June. In terms of major industries, in July, the production index of information transmission, software and information technology services increased by 13.7% year-on-year, and the growth rate was the same as in June; the production indexes of the financial, real estate, and other service industries increased by 10.4%, 7.8%, 3.3%, up by 2.9, 3.9, and 2.3 percentage points respectively over June. In July, the service industry business activity index was 53.1%, which was above the threshold.

  From an industry perspective, the business activity index of postal express, accommodation, catering, telecommunications, securities and other industries was higher than that in June, and the business volume increased. The business activity index of culture, sports and entertainment industry and resident service industry were 51.9% and 51.1% respectively, which were 6.1 and 1.9 percentage points higher than that in June. From January to June, the operating income of service industry enterprises above designated size fell by 4.7% year-on-year, and the rate of decline narrowed by 1.7% from January to May. Among them, the operating income of information transmission, software and information technology services increased by 9.7%.

Market sales continue to pick up, and the monthly year-on-year growth rate of commodity retail has turned from negative to positive

  In July, the total retail sales of consumer goods totaled 3.220.3 billion yuan, a year-on-year decrease of 1.1%, and the rate of decline narrowed by 0.7 percentage points from June; an increase of 0.85% from the previous month. From January to July, the total retail sales of consumer goods was 20,445.9 billion yuan, a year-on-year decrease of 9.9%, and the rate of decline narrowed by 1.5 percentage points from January to June. In July, according to the location of the business unit, the retail sales of consumer goods in urban areas was 282.5 billion yuan, a year-on-year decrease of 1.1%; the retail sales of consumer goods in rural areas was 417.8 billion yuan, a decrease of 1.3%. In terms of consumption types, catering revenue was 328.2 billion yuan, a decrease of 11.0%; retail sales of goods was 289.2 billion yuan, and the growth rate changed from negative to positive for the first time in the year, increasing by 0.2%. The sales of basic life commodities grew rapidly. In July, among the retail sales of commodities above designated size, beverages, grains, oils and foodstuffs, and daily necessities increased by 10.7%, 6.9%, and 6.9% respectively. The sales of consumer upgrading products continued to improve. In July, automobile products increased by 12.3%, and in June fell by 8.2%; communication equipment and cosmetics products increased by 11.3% and 9.2% respectively. Online retail continues to improve. From January to July, the national online retail sales reached 6,078.5 billion yuan, a year-on-year increase of 9.0%, an increase of 1.7 percentage points from January to June. Among them, the online retail sales of physical goods increased by 15.7%, an increase of 1.4 percentage points from January to June.

The decline in fixed asset investment continues to narrow, and investment in high-tech industries and social fields has grown rapidly

  From January to July, the national investment in fixed assets (excluding rural households) was 3,2921.4 billion yuan, a year-on-year decrease of 1.6%, and the rate of decline narrowed by 1.5 percentage points from January to June; the month-on-month increase in July was 4.85%. In terms of sectors, infrastructure investment fell by 1.0% year-on-year, manufacturing investment fell by 10.2%, and the rate of decline was narrowed by 1.7 and 1.5 percentage points from January to June; investment in real estate development increased by 3.4%, 1.5 percentage points faster than from January to June . The sales area of ​​commercial housing nationwide was 836.31 million square meters, a year-on-year decrease of 5.8%; the sales of commercial housing was 8142.2 billion yuan, a decrease of 2.1%, and the rate of decline was 2.6 and 3.3 percentage points respectively lower than that in the first six months.

  In terms of industries, investment in the primary industry increased by 7.7%, 3.9 percentage points faster than that from January to June; investment in the secondary industry fell by 7.4%, and the rate of decline narrowed by 0.9 percentage points from January to June; investment in the tertiary industry increased by 0.8%. From January to June, it was down 1.0%. Investment in high-tech industries increased by 8.0%, an acceleration of 1.7 percentage points from January to June; among them, investment in high-tech manufacturing and high-tech service industries increased by 7.4% and 9.1% respectively. In the high-tech manufacturing industry, the investment in the pharmaceutical manufacturing industry and the electronics and communication equipment manufacturing industry increased by 14.7% and 7.3% respectively; in the high-tech service industry, the investment in the e-commerce service industry and the technological achievement transformation service industry increased by 26.4% and 24.4% respectively. The investment in the social sector increased by 8.7%, 3.4 percentage points higher than that in the first six months; the investment in health and education increased by 18.2% and 13.5%, respectively, 3.0 and 2.7 percentage points higher than those in the first six months. The stamina of investment growth is relatively sufficient. From January to July, the total planned investment in newly-started projects increased by 15.8% year-on-year, and the investment funds in place increased by 2.1%.

Import and export of goods grew rapidly, and the vitality of trading entities increased

  In July, the total value of imports and exports of goods was 2,927 billion yuan, a year-on-year increase of 6.5%. Among them, exports were 1,684.6 billion yuan, an increase of 10.4%; imports were 1,242.4 billion yuan, an increase of 1.6%. The trade balance was 442.2 billion yuan, an increase of 113.3 billion yuan from June. From January to July, the total value of imports and exports of goods was 17,165 trillion yuan, a year-on-year decrease of 1.7%. Among them, exports were 9398.1 billion yuan, down 0.9%; imports were 7.7669 billion yuan, down 2.6%. The trade method continued to adjust, and the vitality of the main body increased. From January to July, general trade imports and exports accounted for 60.3% of total imports and exports, an increase of 0.7 percentage points over the same period last year. The import and export of private enterprises accounted for 45.6% of the total import and export volume, an increase of 3.8% over the same period last year.

The employment situation is generally stable, and the urban surveyed unemployment rate remains flat

  From January to July, 6.71 million new jobs were created in cities and towns across the country, a decrease of 1.96 million compared with the same period last year. In July, the surveyed unemployment rate in cities and towns across the country was 5.7%, which was the same as in June. Among them, the surveyed unemployment rate for 25-59 years old was 5.0%, a decrease of 0.2%; but the unemployment rate in the youth population survey increased. The surveyed unemployment rate in 31 major cities and towns was 5.8%, the same as in June. In July, the average weekly working hours of employees in enterprises nationwide was 46.8 hours, the same as in June.

Consumer prices are basically stable, and the drop in factory prices for industrial producers has narrowed

  In July, the national consumer prices rose by 2.7% year-on-year, an increase of 0.2 percentage points over June; the month-on-month increase was 0.6%. From January to July, the national consumer prices rose by 3.7% year-on-year, which was 0.1 percentage point lower than that from January to June, and remained stable overall. In terms of categories, in July, food, tobacco and alcohol prices rose 10.2% year-on-year, clothing fell 0.5%, housing fell 0.7%, daily necessities and services fell 0.1%, transportation and communications fell 4.4%, education, culture and entertainment rose 0.3%, and medical Health care rose 1.6%, and other supplies and services rose 5.1%. Among food, tobacco and alcohol prices, pork rose by 85.7%, fresh vegetables by 7.9%, grain by 1.6%, and fresh fruits by 27.7%. After deducting food and energy prices, the core CPI rose by 0.5%, 0.4 percentage points lower than in June.

  In July, the national factory prices for industrial producers fell by 2.4% year-on-year, and the rate of decline narrowed by 0.6 percentage points from June; it rose by 0.4% month-on-month. The purchase price of industrial producers fell by 3.3% year-on-year, and the rate of decline narrowed by 1.1 percentage points from June; it rose by 0.9% month-on-month. From January to July, the national ex-factory price of industrial producers and the purchase price of industrial producers fell by 2.0% and 2.7% respectively.

  In general, the national economy continued to recover steadily in July, and major economic indicators continued to improve. However, the global new crown pneumonia epidemic is still spreading, and the international economic environment is severe and complex; domestic structural, institutional, and cyclical contradictions coexist, and development faces many difficulties and challenges.