Chinanews client, Beijing, August 16 (Reporter Li Jinlei) Under the multiple impacts of the domestic epidemic and flood, is China's economy okay?

  On August 16, the National Bureau of Statistics announced the answer: In July, the national economy continued to recover stably.

On August 16, the State Council Information Office held a press conference on the operation of the national economy in July 2021.

Photo by Chinanews reporter Li Jinlei

Some major indicators have fallen but are still in a reasonable range

  In July, due to the increase in external uncertainties and the impact of domestic flood conditions and epidemics, the growth rate of some major indicators declined.

  Among them, in July, the total retail sales of consumer goods increased by 8.5% year-on-year, down 3.6 percentage points from June; from January to July, national fixed asset investment (excluding rural households) increased by 10.3% year-on-year, down 2.3 percentage points from January to June.

  "However, from a cumulative point of view, the main macro indicators are still in a reasonable range, and the economy as a whole continues to recover." Fu Linghui, a spokesman for the National Bureau of Statistics, judged this way.

  From the perspective of the "troika" that drives economic growth, investment has grown steadily. From January to July, investment increased by 10.3% year-on-year, and the two-year average growth rate was 4.3%.

Market sales continued to grow. The total retail sales of consumer goods from January to July increased by 20.7% year-on-year, and the two-year average growth rate was 4.3%, which remained basically stable.

Imports and exports grew rapidly. The total value of imports and exports of goods from January to July increased by 24.5% year-on-year, and the two-year average growth rate was 10.6%.

  The reporter noticed that there were two major projects with phased breakthroughs. From January to July, the national online retail sales exceeded 7,110.8 billion yuan, breaking through the 7 trillion yuan mark; commercial housing sales of 10.643 billion yuan, breaking through the 10 trillion yuan mark.

Lei Yuzhu Drawing

People's livelihood indicators such as employment prices are generally stable

  From the perspective of employment and commodity prices, which are closely related to the people's livelihood indicators, the overall stability has been maintained.

  Urban employment continues to increase.

From January to July, 8.22 million new jobs were created in cities and towns across the country, completing 74.7% of the annual target.

In July, the nationwide surveyed unemployment rate in urban areas was 5.1%, an increase of 0.1 percentage point from June.

  Fu Linghui pointed out that 5.1% is not only lower than the level of the same period last year, but also lower than the level of the same period in 2019.

In July, due to the concentration of college graduates entering the labor market, the unemployment rate will generally rise relatively sharply from June to July.

But this year, comparing July to June, the increase in unemployment rate was lower than the level before the epidemic, indicating that the overall employment situation has remained stable.

  Consumer prices rose moderately.

In July, the national consumer price (CPI) rose by 1.0% year-on-year, and the increase was 0.1 percentage point lower than in June.

Among them,

pork prices dropped significantly by 43.5%.

  From the perspective of future price trends, Fu Linghui believes that agricultural production is generally stable, the supply capacity of industry and service industries is relatively strong, and the measures to ensure supply and stabilize prices are strong, and consumer prices are expected to maintain a moderate increase.

Data map.

Photo by Chinanews reporter Li Jinlei

The annual economic growth rate is expected to be high and then low

  In July, the national economy continued to recover stably.

However, it should also be noted that the current global epidemic is still evolving, the external environment is becoming more complex and severe, the spread of domestic epidemics and natural disasters have affected the economy of some regions, and the economic recovery is still unstable and uneven.

  Regarding the economic situation in the next stage, Fu Linghui judged that from the second half of the year, the economy was affected by the epidemic last year, and the overall trend was low and high. This year, affected by the base, the

main economic growth rate for the whole year will show high and high. Low condition.

  He pointed out that judging from the situation in the first half of this year, the two-year average growth rate has generally maintained an acceleration trend.

In the first half of this year, the economy grew by an average of 5.3% in two years, 0.3 percentage points faster than in the first quarter, indicating that the economy as a whole has maintained a recovery trend.

On the whole, my country's economy will continue to maintain a stable recovery trend in the second half of the year, the main macro indicators will remain within a reasonable range, and the quality of development will continue to improve.

  From the perspective of consumption, with the increase in residents' income and the improvement of the consumption environment in the second half of the year, residents' consumption will continue to pick up.

From the perspective of investment, this year is the first year of the implementation of the "14th Five-Year Plan", and some major projects in the "14th Five-Year Plan" will start construction one after another.

From the perspective of imports and exports, the world economy is generally recovering.

The improvement of the global economic and trade environment is conducive to the growth of imports and exports.

(Finish)