Chinanews client, Beijing, January 18th (Reporter Li Jinlei) On the 18th, China's 2020 annual economic report was released.

  In 2020, China's economy has handed over an answer sheet that has attracted the attention of the world. Looking at this report card, many data exceeded expectations.

Drawing by Zhang Jianyuan

1015986 billion yuan

GDP exceeded 100 trillion yuan for the first time

  According to data from the National Bureau of Statistics, preliminary calculations show that the

annual gross domestic product is 101,5988.6 billion yuan, which is an increase of 2.3% over the previous year at comparable prices.

  Looking at the growth trend of China's economic aggregate, it reached a level of 10 trillion yuan in 2000, broke 50 trillion yuan in 2012, 60 trillion yuan in 2014, 70 trillion yuan in 2016, and 80 trillion yuan in 2017 In 2018, it exceeded 90 trillion yuan. In 2020, it will exceed the 100 trillion yuan mark, and China’s economic aggregate will hit a record high.

  GDP has exceeded 100 trillion yuan, what does it mean for China?

Ning Jizhe, director of the National Bureau of Statistics, believes that this means that my country's economic strength, scientific and technological strength, and overall national strength have jumped to a new level.

It is of very important and symbolic significance for building a well-off society in an all-round way and starting a new journey of building a socialist modern country in an all-round way.

At the same time, we must also be soberly aware that my country is still the largest developing country in the world, and its per capita GDP is still slightly lower than the world average, and there is still a big gap compared with major developed countries.

China's GDP trend chart from 2019 to 2020.

2.3%

Expected to be the world's only major economy with positive economic growth

  From the perspective of GDP growth, the annual GDP grew by 2.3%. In quarterly terms, the first quarter fell by 6.8% year-on-year, the second quarter grew by 3.2%, the third quarter grew by 4.9%, and the fourth quarter grew by 6.5%.

  Although the GDP growth rate in the first quarter fell and became negative, China's economy quickly recovered. Amidst the sound of steel collisions at construction sites, amidst the raging fireworks, and the bustling lights, China's economy took a step forward. V" curve.

  Ning Jizhe said that the annual economic growth was 2.3% and it is expected to become the only major economy in the world to achieve positive economic growth.

There are 18 major economies in the world with more than $1 trillion. The data for most countries have not yet come out. According to the data of the first three quarters, we are the only positive growth, and the only positive growth throughout the year.

The data picture shows the Haicang Container Terminal of Xiamen Port.

Photo by China News Agency reporter Wang Dongming

32,155.7 billion yuan

The scale of foreign trade hit a record high

  Foreign trade imports and exports in 2020 were significantly better than expected, and the scale of foreign trade hit a record high.

Statistics show that the total import and export of goods for the year was 3,1557 trillion yuan, an increase of 1.9% over the previous year.

Among them, exports amounted to 17.9326 billion yuan, an increase of 4.0%; imports amounted to 14,233.1 billion yuan, a decrease of 0.7%.

The trade balance was 3709.6 billion yuan in surplus.

  In 2020, China has become the only major economy in the world that has achieved positive growth in trade in goods. The contrarian growth of foreign trade has pushed my country's international market share to a record high, and my country's status as the largest country in trade in goods has been consolidated.

  Lian Ping, chairman of the China Chief Economist Forum, analyzed that my country's export performance in 2020 has exceeded expectations.

Since June 2020, my country's exports have experienced large-scale growth due to the rebound in overseas demand, continuous orders for epidemic prevention materials, and the supply substitution effect caused by the epidemic.

11.86 million

The annual employment target was overfulfilled

  Statistics show that 11.86 million new jobs were created in cities and towns throughout the year, which was significantly higher than the expected target of over 9 million people and completed 131.8% of the annual target.

  In December, the nationwide surveyed unemployment rate in urban areas was 5.2%, which was the same as the same period last year. Among them, the 25-59 year old population survey unemployment rate was 4.7%, which was the same as the same period last year.

The average urban surveyed unemployment rate in 2020 is 5.6%, which is lower than the expected target of around 6%.

In December, the surveyed unemployment rate in 31 major cities and towns was 5.1%.

At the end of 2020, the urban registered unemployment rate was 4.24%, which was lower than the expected target of around 5.5%.

The picture shows tourists lining up to shop in Sanya International Duty Free City.

Photo by Yin Haiming

32189 yuan

Resident income growth and economic growth basically synchronized

  Statistics show that the national per capita disposable income of residents was 32,189 yuan for the whole year, a nominal increase of 4.7% over the previous year, and an actual increase of 2.1% after deducting price factors, basically in line with economic growth.

The national median per capita disposable income of residents was 27,540 yuan, a nominal increase of 3.8% over the previous year

  At the same time, the per capita income ratio of urban and rural residents continued to shrink.

The ratio of per capita income of urban and rural residents was 2.56, a decrease of 0.08 from the previous year.

2.5%

Control the price increase within the expected target

  In 2020, consumer prices will rise by 2.5%, which is lower than the 2.9% increase in the previous year and also lower than the expected annual target of 3.5%.

  In the past year, the price increase has been high and then low.

Affected by the epidemic, the CPI in January 2020 reached a high of 5.4% year-on-year, and then began to fall back. In June and July 2020, affected by the southern floods, there was a slight rebound, and then fell again, and successively fell below "2%", " 1%" mark, there was a negative growth in November 2020, and a slight rebound in December 2020.

Night view of Haixinsha in Guangzhou (data map).

Photo courtesy of Guangzhou Culture, Radio, Film and Tourism Bureau

Why did the "transcript" exceed expectations?

  Ning Jizhe believes that major strategic results have been achieved in the prevention and control of the epidemic in 2020, and the main objectives and tasks of economic and social development have been completed, and the completion is better than expected.

The "13th Five-Year Plan" has come to a successful conclusion, and the victory of building a well-off society in all respects is in sight.

  In the face of severe and complex domestic and foreign environments, especially the severe impact of the new crown pneumonia epidemic, why can the Chinese economy achieve such results?

  Ning Jizhe pointed out that through the joint efforts of the whole country, my country has taken the lead in controlling the epidemic, resuming work and production, and taking the lead in realizing positive economic growth.

In late March, the spread of the local epidemic was basically blocked. In mid-April, the operating rate of enterprises above designated size exceeded 90%.

GDP grew by 3.2% in the second quarter, turning from negative to positive.

The third quarter increased by 4.9%, the fourth quarter increased by 6.5%, and the annual economic growth was 2.3%.

  Wen Bin, chief researcher of China Minsheng Bank, told Chinanews.com that China’s economy has strong resilience and potential, and has a complete industrial system. It is the only country in the world that has all the industrial categories in the United Nations Industrial Classification. Market space and strong self-adjustment ability can effectively deal with the impact of the epidemic.

Moreover, many new industries, new formats and new models have been spawned during the epidemic, which has also promoted the recovery, transformation and upgrading of China's economy.

  During the epidemic, there is a crisis.

  The epidemic has spawned new business models and accelerated the integration of online and offline. New technologies such as 5G, artificial intelligence, and the Internet of Things have been widely used. Online entertainment and online marketing such as short videos and live broadcasts have grown against the trend. Remote office and online New models such as education and Internet healthcare have grown and expanded, injecting new vitality into economic development.

  The results are hard to come by, but the problem cannot be ignored.

As the main engine of economic growth, consumption in 2020 is still in a state of negative growth. Statistics show that the total retail sales of consumer goods for the year were 391981 trillion yuan, down 3.9% from the previous year.

  The National Bureau of Statistics also reminded that at the same time, it should be noted that there are many uncertainties in the changes in the epidemic and the external environment, and the foundation for my country's economic recovery is not yet solid.

Data map: On October 2, 2020, Beijing, a bright moon gradually rises at night.

Photo by China News Agency reporter Sheng Jiapeng

What is the trend of China's economy in 2021?

  The International Monetary Fund recently announced that China has introduced strong epidemic prevention measures and quickly launched policy actions to alleviate the impact of the crisis, in order to support the sustained economic recovery from the crisis.

China's economic activities continue to return to normal, the domestic epidemic is under control, and the GDP growth rate in 2021 is expected to be 7.9%.

  The World Bank released the latest "Global Economic Outlook" report on January 5, which also predicts that China's economy will grow by 7.9% in 2021.

  The Economic Blue Book recently released by the Chinese Academy of Social Sciences predicts that due to the low base in 2020, China's economy will experience compensatory growth in 2021.

In the absence of a new epidemic, China's economy still maintained a growth trend, with the annual economic growth rate showing a trend of high and then low.

  Wen Bin believes that the domestic epidemic prevention and control should not be taken lightly. The rebound of the epidemic situation in individual areas is not expected to affect the overall process of economic recovery.

In the next stage, accelerating the recovery of consumption is still the key to boosting domestic demand. The recovery of service consumption still has a lot of room for improvement. The employment and income of low- and middle-income groups will affect consumption trends. Improving the quality of employment and ensuring residents' income remains the key.

  Ning Jizhe pointed out that fiscal, currency, employment, investment, consumption, regional, industrial and other policies will be implemented more accurately and effectively, overcome difficulties and problems on the road ahead, maintain economic operations within a reasonable range, and achieve sustained health of the Chinese economy development of.

(Finish)