China News Service, Beijing, December 15 (Reporter Pang Wuji) The Institute of Industrial Economics of the Chinese Academy of Social Sciences released on the 15th the "Chinese Economist Hotspot Survey" for the fourth quarter of 2020, saying that the Economist predicts that economic growth is expected to continue in the fourth quarter of this year It rebounded with a year-on-year growth of 5.4%. It is predicted that the annual economic growth rate will be 3.7%, and the economy has been out of the impact of the epidemic.
Participants in the survey included college teachers, college students, companies, government agencies and affiliated research institutions, financial institutions, etc.
According to the survey, 40.4% of Economists who judge China’s growth rate of 6.0% or above in the fourth quarter of 2020, 43.1% of Economists between 5.0% and 5.9%, and Economists below 5.0% only Accounted for 16.5%, of which almost no economist believes that there will be negative growth.
Economists in eastern, central and western China have predicted average economic growth rates for the fourth quarter of 2020 at 5.4%, 5.5%, and 5.4%, respectively, and the national comprehensive forecast value is about 5.4%.
Judging from the economic forecast for the whole year, the survey shows that the Economist forecasts that the economic growth rate for the whole year of 2020 will be 3.7%.
It is estimated that the economic growth rate for the whole year of 2020 will be in the range of 2.0%-5.0%. Economists accounted for 62.4%, Economists at 5.0% and above accounted for 27.5%, and those at 0% and below only accounted for 1.8%.
Economists in the eastern, central and western regions of China have predicted average economic growth rates of 3.6%, 3.8% and 3.8% for the full year of 2020, respectively, and the national comprehensive forecast value is about 3.7%.
From the perspective of several economic indicators such as foreign trade, prices, and employment, this survey shows that the Economist's foreign trade prosperity index for this period is 92, an increase of 33 points from the previous quarter's survey, which is a new high since the second quarter of 2018.
The Economist predicts that the overall foreign trade situation will continue to improve.
China's Economist Employment Index was 41, a slight increase of 2 points from the previous quarter's survey, and basically recovered to the level of the end of 2018 and the beginning of 2019.
The Economist predicts that the employment situation is stable and improving.
The Chinese Economic Figure Price Index was 127, a decrease of 31 points from the previous quarter’s survey and the lowest level in recent years.
The Economist predicts that inflationary pressures may ease.
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