Chinanews client, Beijing, October 18th (Reporter Li Jinlei) The third quarterly report of China's economy was released on the 18th.
What is the next trend of China's economy?
What is the impact of real estate on economic growth?
Will curtailment of electricity and production affect the economy?
Will pork prices still fall?
For these hot topics of public concern, the National Bureau of Statistics responded at a press conference held on the 18th.
Data map.
Photo by China News Agency reporter Zhang Bin
China's economy is capable of fulfilling the annual target
According to the data, preliminary calculations show that the GDP of the first three quarters was 8,23131 billion yuan, a year-on-year increase of 9.8% at comparable prices, and an average growth rate of 5.2% in two years, which was 0.1 percentage point lower than the average growth rate in the first half of the year.
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Although the economic growth rate in the third quarter has been affected by various factors such as the epidemic situation, flood conditions, and base increase, China's economic development has shown strong resilience and vitality.
" Fu Linghui, a spokesperson for the National Bureau of Statistics, believes. On the whole, the economy continues to recover and the trend towards high-quality development is constantly changing, and it
has the ability and conditions to complete the expected goals and tasks for economic and social development throughout the year.
He pointed out that first, the economic recovery is supported.
From the perspective of consumption, employment is basically stable and residents' income continues to increase, which is conducive to the enhancement of consumption power.
The second is to maintain steady progress in industrial development.
Despite the impact of unfavorable factors such as the epidemic situation and flood conditions, the trend of industrial upgrading and upgrading has not changed.
The third is the continuous enhancement of innovation drive.
The reform of decentralization, management and service has been continuously deepened, and structural reforms on the supply side have been steadily advanced. The momentum of innovation and development in China is good, which has injected strong impetus into economic development.
Data map: real estate.
Photo by China News Agency reporter Zhang Bin
Housing prices are gradually stabilizing
Statistics show that in the first three quarters, the sales area of commercial housing nationwide increased by 11.3% year-on-year, and the average growth rate in the two years was 4.6%, down 1.3 percentage points from January to August.
Real estate development investment increased by 8.8% year-on-year, and the two-year average growth rate was 7.2%, a decrease of 0.5 percentage points from January to August.
In July and August, the increase in housing prices in 70 large and medium-sized cities also tended to decline overall.
Fu Linghui said that since the beginning of this year, by improving the long-term mechanism of the real estate market, suppressing unreasonable demand, promoting the steady release of rigid demand
, and restricting some real estate companies from relying on debt to expand blindly, the real estate market has generally stabilized. Housing prices gradually stabilized.
He pointed out that in the next stage, with multi-agent supply and multi-channel guarantees, the housing system for both purchase and rent will continue to improve, market players will become more rational, and the real estate market is expected to maintain stable development.
As for the impact of real estate on economic growth, Fu Linghui believes that in the first three quarters, the real estate added value increased by an average of 4.8% in two years, a drop of 1.3 percentage points from the first half of the year. The overall impact is limited.
Data map.
Photo by Yang Yongguang
Electricity and production restrictions have limited impact on economic growth
Recently, power and production restrictions have appeared in many parts of the country. Some companies and industry associations have indicated that production and exports have been greatly affected. How to evaluate the specific impact of power and production restrictions on economic growth?
Fu Linghui pointed out that since the beginning of this year, international energy prices have risen sharply, coal, natural gas, and crude oil prices have also repeatedly hit new highs. Domestic power and coal supplies have been tight. Various factors have led to recent power curtailments in some places. Caused a certain impact.
He said that relevant departments quickly introduced a series of reforms and measures to ensure supply and price stabilization.
With the gradual implementation of relevant measures, the tight supply of coal and electricity will be alleviated, and the constraints on economic operation will also be reduced.
"From the situation in September, the growth rate of power production has also accelerated. In
general, the tight energy supply is phased and the impact on the economy is controllable.
" Fu Linghui said.
Data map: Consumers are buying pork.
Photo by China News Agency reporter Zhang Yun
Will pork prices continue to fall?
Data show that pork prices in the first three quarters fell by 28% year-on-year, and pork prices have continued to decline recently, and farmers have already suffered losses.
Fu Linghui pointed out that since this year, live pig production has continued to recover, production capacity has continued to expand, and related prices have fallen.
Generally speaking, in the next stage,
as the demand for meat pickling in some areas continues to increase, coupled with the boosting effect of New Year's Day and Spring Festival holiday consumption, the demand for pork consumption will increase.
At the same time, the second round of frozen pork procurement and storage by the central government will be launched during the year, which is conducive to the stability of pork prices.
He pointed out that from the perspective of future development, the current large-scale breeding of live pig production is constantly improving.
These large-scale enterprises are improving their ability to grasp market changes and prevent and respond to market fluctuation risks.
At the same time, facing the live pig market, the national regulation mechanism is constantly improving, which is conducive to the stability of live pig production.
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