China News Service, Beijing, July 18 (Reporter Xing Liyu) China's economic data for the first half of 2022 has been announced recently.

In this regard, Liu Shangxi, member of the National Committee of the Chinese People's Political Consultative Conference and president of the Chinese Academy of Fiscal Sciences, pointed out in Beijing on the 18th that from the monthly data, there are many positive changes, and it is stabilizing and improving. "It should be said that the economy is gradually recovering."

From the perspective of the first half of the year, there are many bright spots in the Chinese economy, "these bright spots also reflect the resilience of the Chinese economy."

  On the same day, the media meeting of the Economic Committee of the National Committee of the Chinese People's Political Consultative Conference was held in Beijing with the theme of "Concentrating on the Development, CPPCC Members Talking about the Economy".

Liu Shijin and Miao Wei, deputy directors of the Economic Committee of the National Committee of the Chinese People's Political Consultative Conference, Hu Xiaolian, a member of the Standing Committee of the National Committee of the Chinese People's Political Consultative Conference, and Liu Shangxi, a member of the National Committee of the Chinese People's Political Consultative Conference attended the meeting. In view of the current economic situation, they focused on helping to do a good job in economic work in the future and interact with media reporters.

Great resilience potential, the fundamentals of China's long-term economic growth have not changed

  Talking about the highlights of China's economy in the first half of the year, Liu Shangxi gave an example: high-tech manufacturing increased by 9.6%, and new energy vehicles, solar cells, base station equipment, etc. increased quite rapidly.

National residents' disposable income increased by 3%, faster than the 2.5% economic growth in the first half of the year.

In terms of income comparison between urban and rural areas, the growth of disposable income of rural residents is faster than that of urban residents, and the income gap between urban and rural areas is further narrowed.

In terms of unemployment and employment, the urban surveyed unemployment rate has declined.

  "Although the economy did not reach the normal level of growth in the first half of the year, we should see these positive changes and boost our confidence," said Liu Shangxi.

  He emphasized that under the impact of various unexpected factors, China's economy still achieved positive growth, especially in the second quarter, there were many unexpected factors.

"This also shows that China's economy has great resilience and potential, and the fundamentals of long-term improvement have not changed."

Three pressures and new shocks China's economy should play a leading role in investment

  Talking about the main pressures facing China's economy in the first half of the year, Hu Xiaolian, a member of the Standing Committee of the National Committee of the Chinese People's Political Consultative Conference and former chairman of the Export-Import Bank of China, pointed out that since the beginning of this year, China's economic development has faced triple pressures of shrinking demand, supply shocks and weakening expectations.

In the first half of the year, three new shocks were added, that is, the changes in the new crown epidemic, the conflict between Russia and Ukraine, and the rapid rise in global inflation.

  Hu Xiaolian said that in the face of these difficulties, the Party Central Committee has made a strategic plan to coordinate epidemic prevention and control and economic and social development, and the State Council has issued a series of specific measures.

Judging from the economic data released in the first half of the year, these measures have begun to have a positive effect. The main economic indicators began to stabilize in May and turned for the better in June.

  For the next step in the development of consumption, investment and other fields that are most affected under pressure and impact, Hu Xiaolian suggested that investment should play a leading role.

In China's development over the past 40 years, investment has played an extremely important role in leading economic growth.

She emphasized that in order to play a leading role in investment, it is necessary to solve the problem of imbalance and make up for the shortcomings.

The development of the digital economy has significantly highlighted its leading role in the economy and society

  When discussing the impact of the rapid development of the digital economy on China's economic development with the media, Miao Wei, deputy director of the Economic Committee of the National Committee of the Chinese People's Political Consultative Conference and former minister of the Ministry of Industry and Information Technology, pointed out that since the 18th National Congress of the Communist Party of China, China has implemented the strategy of strengthening the country through the Internet, "Internet + "The action plan, the national big data strategy and the digital economy development strategy have accelerated and improved the construction of new infrastructure, promoted digital industrialization and industrial digitization, and achieved remarkable results in the development of the digital economy, and its role in driving and leading the economy and society has become increasingly prominent.

  For example, he pointed out that the foundation of China's digital economy is constantly growing.

In terms of the number of users, the number of Chinese netizens has ranked first in the world for 13 consecutive years, reaching 1.032 billion in 2021, and the Internet penetration rate will reach 73%.

In terms of infrastructure construction, China has built the world's largest and technologically advanced network infrastructure.

The scale of 4G base stations accounts for more than half of the world, and the number of 5G base stations accounts for more than 60% of the world.

In addition, the quality of the digital economy continues to improve; the role of digital economy empowerment is increasingly prominent.

  The scale of China's digital economy has also grown from 11.2 trillion yuan (RMB, the same below) in 2012 to 45.5 trillion yuan in 2021, ranking second in the world in total for many years.

The digital economy will account for 39.8% of GDP by 2021, becoming the main engine of economic growth.

"These all strongly support and lead the high-quality development of the economy." Miao Wei said that at present, China's digital economy has entered a new stage of development, and it is necessary to unswervingly regard the development of the digital economy as promoting high-quality economic development and building a new development pattern important content, and actively promote the digital economy to continue to become stronger, better and bigger.

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