Chinese Academy of Social Sciences report: China's economic growth is expected to continue to pick up

　　China News Service, Beijing, September 15 (Reporter Zhou Rui) The journal "ChinaEconomist" of the Institute of Industrial Economics of the Chinese Academy of Social Sciences released the results of the "Chinese Economist Hotspot Survey" for the third quarter of 2020 on the 15th.

The survey found that the Economist predicts that China's economic growth is expected to continue to rebound, the foreign trade situation is generally improving, the employment situation is gradually easing, but inflationary pressures are still rising.

　　In terms of GDP growth, the Economists who judged that the growth rate of 6.0% and above in the third quarter of 2020 accounted for 41.5%, and the Economists with 3.5%-5.5% accounted for 39.6%, which was lower than 3.5%. Only 11.3%, of which no economist thinks there will be negative growth.

Economists in eastern, central and western China have predicted average economic growth rates in the third quarter of 2020 at 5.2%, 5.5%, and 4.6%, respectively, and the national comprehensive forecast is 5.2%.

　　In addition, the current economic sentiment index of China's Economist is 68, an increase of 51 points from the previous quarter's survey, which is the highest since the second quarter of 2018.

　　In terms of foreign trade, the Economist predicts that the overall foreign trade situation will improve.

This issue of the Chinese Economist's foreign trade prosperity index is 59, an increase of 35 points from the previous quarter's survey. It is already higher than the foreign trade prosperity index for the first and second quarters of 2019, and slightly lower than the foreign trade prosperity index for the fourth quarter of 2019.

(The foreign trade prosperity index for the fourth quarter of 2019 was 63).

　　In terms of prices, the Economist predicts that inflationary pressures will continue to rise.

67.0% of economists believe that the price level in the third quarter will rise compared with the same period last year, and 23.6% of economists believe that the price level will remain basically the same.

The price index of Chinese economic figures in this issue is 158, an increase of 14 points from the previous quarter's survey, which is basically the same as the pressure of rising prices in the same period in 2019 (the price index in the third quarter of 2019 was 160).

　　The Economist predicts that the employment situation will gradually ease.

16.0% of the economists believe that the employment situation in the third quarter will be basically the same as the same period last year, and 67.9% of the economists believe that the employment situation will be worse than the same period last year.

This issue of China’s Economist Employment Index is 39, an increase of 29 points from the previous quarter’s survey, and has basically returned to the level of the end of 2018 and the beginning of 2019.

　　Regarding the next trend of the Chinese economy, 63.2% of economists believe that efforts should be made to expand domestic consumer demand through the improvement and optimization of social security and service systems such as medical care, pensions, and housing; 60.4% of economists believe that efforts should be made to promote independent innovation. Break through key core technologies and realize the controllability of key production links. (Finish)