Xinhua News Agency, Beijing, January 17 Question: How to stabilize the economy?
How to tap the potential?
How to secure employment?
——Ning Jizhe, director of the National Bureau of Statistics, explained the current economic hotspots in China
Xinhua News Agency reporter Zou Duowei
The economic growth rate is 8.1%, the total economic volume has reached 114.4 trillion yuan, the per capita GDP has exceeded 12,000 US dollars, and 12.69 million new urban jobs have been created... In the face of the severe and complex domestic and foreign situation, the 2021 China Economic "Transcript" released on the 17th "It has attracted attention from all walks of life.
How do you view this economic annual report?
How to stabilize the macroeconomic market?
What is the strength of China's economy?
At the press conference of the State Council Information Office held on the same day, Ning Jizhe, director of the National Bureau of Statistics, responded to many current economic hotspots.
"Generally speaking, my country's economy will continue to recover steadily in 2021, economic development and epidemic prevention and control will maintain a leading position in the world, and the main indicators will achieve the expected goals." Ning Jizhe said that the total economic volume reaching 110 trillion yuan is a landmark event. , coupled with the corresponding increase in per capita GDP, these all mean that my country's comprehensive national strength, social productivity, and people's living standards have been further improved. It also means that my country's development has a stronger foundation, better conditions, and more motivation. At the same time, it also contributes to global development. China strength.
While affirming the achievements, we must also see the challenges.
Under the triple pressure of demand contraction, supply shock, and weakening expectations, how to continue to stabilize the fundamentals of the macro economy?
To stabilize the overall macro situation, the "troika" made positive contributions.
The data show that in 2021, final consumption expenditure, gross capital formation, and net exports of goods and services will drive economic growth by 5.3, 1.1, and 1.7 percentage points, respectively, contributing 65.4%, 13.7%, and 20.9% to economic growth.
Among them, the recovery of consumption is of particular concern: compared with the negative growth in 2020, the total retail sales of consumer goods in 2021 will exceed the 44 trillion yuan mark with an increase of 12.5%.
However, behind the data, consumption recovery still faces many challenges. How to tap the follow-up potential?
"Economic growth is mainly driven by domestic demand." Ning Jizhe said that my country has a population of more than 1.4 billion and more than 400 million middle-income groups. This is the foundation for us to cope with various risks and challenges and build a strong domestic market.
The total consumption reached 44 trillion yuan, which is a new level. Market players should be guided by world demand, work hard to produce and increase supply, so as to promote consumption and drive the economy.
Among the forces driving domestic demand, the growth rate of fixed asset investment will also be sluggish in 2021.
In 2022, with the acceleration of the issuance of special bonds and the start of construction of a large number of major projects, will the investment growth rate pick up?
Ning Jizhe said that from the perspective of my country's development stage, there is potential, space and motivation to expand effective investment.
On the one hand, the development gap between urban and rural areas in my country is still large, and there are still many weak links in infrastructure and people's livelihood areas, and there is a broad space for investment to make up for shortcomings. The continuous increase in investment contains huge investment motivation.
Ning Jizhe believes that with the acceleration of the issuance of local government special bonds last year and the accelerated release of investment in the central budget, 102 key projects identified in the "14th Five-Year Plan" have been launched one after another.
In addition, policy support such as fiscal and monetary investment has been strengthened, which is conducive to the steady recovery of fixed asset investment.
Employment is the biggest livelihood of the people, and stable employment is the foundation of stable economy.
In 2021, 12.69 million new jobs will be created in cities and towns, exceeding the annual target.
However, in the face of the severe situation that the number of college graduates in 2022 is expected to reach 10.76 million, how to alleviate the employment pressure?
Ning Jizhe said that the sustained economic recovery and development continued to create new jobs, laying the foundation for employment.
A series of policies to aid enterprises and stabilize jobs have played a positive role in the employment of key groups such as college graduates and rural migrant workers.
With the vigorous development of new forms of employment, there are currently about 200 million people in flexible employment in my country.
Ning Jizhe believes that new industries, new formats and new models continued to develop rapidly last year, and various flexible employment models also effectively guaranteed the employment of many laborers.
The employment "rice bowl" is stabilized, can the income of ordinary people increase simultaneously?
Ning Jizhe said that the data shows that in 2021, the income of Chinese residents will resume growth, and the income gap will be narrowed.
But at the same time, we must be soberly aware that the current downward pressure on my country's economy is still relatively large.
In the next stage, we must adhere to the policy of giving priority to employment and measures to promote income increase, build basic institutional arrangements for primary distribution, redistribution, and coordination of three distributions, continue to promote the equalization of basic public services, gradually narrow the income distribution gap, and solidly promote common prosperity.