Economic Daily-China Economic Net, Beijing, July 19 (Reporter Gu Yang) The National Development and Reform Commission held a press conference on the 19th to respond to social concerns on hot topics in my country's macroeconomic operations in the first half of the year.

  "In the first half of the year, the national economy continued to recover steadily, the main macro indicators were within a reasonable range, and the economic development showed a trend of stabilization and improvement," said Jin Xiandong, a spokesperson for the National Development and Reform Commission and director of the Political Research Office. Soberly aware that there are still many contradictions and problems in the economic operation. In the second half of the year, we still need to make greater efforts to promote sustained economic recovery and high-quality development.

  In terms of electricity consumption, the nationwide electricity consumption in the first half of this year increased by 16.2% year-on-year.

Among them, 15 provinces have increased power consumption by more than 17%, and 7 provinces including Tibet, Hubei, Guangdong, Zhejiang, Yunnan, Jiangsu, and Jiangxi have increased by more than 20%.

  In the first half of the year, China-Europe freight trains operated 7,323 trains, a year-on-year increase of 43%. In May and June, the number of trains in a single month exceeded 1,300, and it remained above 1,000 trains for 14 consecutive months.

At the same time, the operating quality of China-Europe Express trains has been steadily improved, the channel value has been further highlighted, and the brand influence has continued to increase.

According to statistics, in the first half of this year, China-Europe freight trains carried a total of 701,000 TEUs, an increase of 52% year-on-year, and the comprehensive heavy container rate reached 98%.

  In response to the unreasonable increase in commodity prices, since May, relevant departments have taken measures such as interviews with relevant companies and industry associations, strengthened market joint supervision, and completed the first batch of national reserves such as copper, aluminum and zinc. The overall commodity prices have shown a downward trend.

According to Wan Jinsong, Director of the Price Department of the National Development and Reform Commission, in June, prices of steel, copper, etc. fell 3% to 14% from their highs in the year, driving the month-on-month increase of PPI in June by 1.3 percentage points from the previous month.

The market generally predicts that as the country's measures to maintain supply and stabilize prices continue to take effect, commodity prices will gradually return to a reasonable range.

  Affected by factors such as significant improvement in supply and declining demand, the price of live pigs has continued to fall recently.

In June, the National Development and Reform Commission issued two consecutive warnings and initiated temporary purchasing and storage.

Wan Jinsong introduced that after the price of pigs and grains entered the first-level warning range of excessive decline, the relevant departments immediately started the purchase and storage of pork reserves.

At present, the excessive decline in the price of live pigs has been initially curbed. Since the end of June, the price has rebounded significantly. The current price has rebounded by more than 15% from the previous low. The pig-to-food ratio briefly fell below 5:1 and then rebounded quickly. 1. The confidence of farmers has recovered, and the phenomenon of centralized slaughter has been eased.

  The "Opinions on Improving the Price Control Mechanism for Important Livelihood Commodities" has been issued and implemented after the review and approval of the Central Deep Reform Commission.

Wan Jinsong said that this year my country has had another bumper harvest of summer grains, the production of "vegetable baskets" is advancing steadily, and there is a solid foundation for ensuring the supply and price stability of important livelihood commodities.

In the next step, we will promote the establishment of "four beams and eight pillars" for the price control of important livelihood commodities in various places, and make every effort to ensure sufficient supply of important livelihood commodities and basically stable prices.

  With the introduction of carbon peak and carbon neutral targets, bonds with the theme of green and low-carbon circular development have attracted more and more attention from the capital market.

Yuan Da, Director of the Comprehensive Department of the National Development and Reform Commission, said that to achieve the goal of carbon peaking and carbon neutrality, and to promote a comprehensive green transformation of economic and social development, it is necessary to better play the leading and supporting role of green finance and guide more financial resources to be allocated to green. Low-carbon field.

In recent years, more and more Chinese-funded companies have gone abroad to issue related bonds, showing a significant increase in issuance, continuous innovation in varieties, and extended bond maturities.

  According to statistics, in 2020, Chinese-funded enterprises issued 19 green bonds overseas, with a total scale of approximately US$8.5 billion.

In the first half of this year, Chinese-funded enterprises have issued 29 green bonds overseas, raising about 10.2 billion U.S. dollars.

Since the beginning of this year, the overseas green bond market has rapidly heated up, providing more high-quality financial support for the green transformation of my country's economic and social development.

In addition to traditional green bonds, climate bonds, sustainable development bonds, etc., in recent years, innovative varieties such as carbon neutral bonds and sustainable development-linked bonds have been derived. The use of bond proceeds is relatively flexible.

At present, 2 Chinese-funded companies have issued 3 sustainability-linked bonds overseas, raising approximately US$1.55 billion.

  "In the future, focusing on achieving the carbon peak and carbon neutral requirements, we will support companies with strong comprehensive economic strength, high level of international operation, and sound risk prevention and control mechanisms to issue related bonds overseas, and strive to guide foreign debt funds to be used in a green and low-carbon cycle. Development, and further play the supporting role of green finance, and promote the green and low-carbon transformation of economic and social development." Yuan Da said.

  When answering the trend of China’s economic development in the second half of the year, Yuan Da said that from an international perspective, the global epidemic is still evolving, risks in the recovery process of the world economy are still accumulating, and economic trends and macro policies among different economies are diverging. Inflation has risen significantly; from a domestic perspective, production and operation of certain mid- and downstream industries and small, medium and micro enterprises are still relatively difficult, and the recovery of consumption of life services such as tourism and accommodation is relatively lagging, and hidden risks in some areas exist to varying degrees.

  "In the second half of the year, we will continue to implement scientific and precise macro-control, maintain the continuity, stability and sustainability of macro-policies, and take effective measures to keep the economy operating within a reasonable range. As various policies are implemented and their effects become more apparent, we Fully have confidence, ability, and conditions to achieve the annual economic and social development goals and tasks." Yuan Da said.

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