China News Agency, Beijing, November 16 (Reporter Wang Enbo) Fu Linghui, spokesperson for the National Bureau of Statistics of China, said in Beijing on the 16th that the current trend of China's economic recovery can continue and that the fourth quarter may have more economic growth than the second and third quarters. accelerate.

  The State Council Information Office held a press conference on the operation of the national economy in October that day, Fu Linghui said at the meeting.

  He pointed out that, judging from the data in October, the steady recovery of China's economic operation continued.

For example, in terms of demand, infrastructure investment, real estate investment, and manufacturing investment all rebounded that month.

From the perspective of leading investment indicators, the total planned investment in newly started projects continued to accelerate year-on-year, with an increase of 14.9%.

From the perspective of capital protection, the fixed asset investment funds in place increased by 6% year-on-year from January to October, indicating that the rebound in investment is expected to continue.

  With the restoration of production and life order, the prospects for consumption are also strengthening.

The employment situation in China continued to improve in October. The surveyed unemployment rate in urban areas was 5.3%, a decrease from the previous month.

Employment improvement is conducive to the growth of residents' income. In the first three quarters, national residents' disposable income, after deducting price factors, increased by 0.6% year-on-year and is also picking up. This is conducive to the continuous improvement of spending power.

  In terms of production, in October, the national industrial added value above designated size increased by 6.9% year-on-year, an acceleration of 2.2 percentage points from the same period of the previous year, indicating that demand has increased production.

Driven by domestic demand, both the producer service industry and the life service industry have also seen significant improvements.

From the perspective of business expectations, both the manufacturing PMI and the non-manufacturing business activity index have stabilized above 50% for eight consecutive months, and the non-manufacturing business activity index in October reached a new high this year.

  Fu Linghui added that a series of official relief policies for companies and financial support for the real economy will continue to be effective this year. Tax cuts and fees for the whole year are expected to exceed 2.5 trillion yuan (RMB, the same below). Support for the real economy may also reach more than 1.5 trillion yuan.

"Based on the preliminary judgment of these factors, the growth in the fourth quarter may be further accelerated than in the second and third quarters." (End)