China News Service, Beijing, October 24 (Reporter Wang Enbo) The National Bureau of Statistics of China announced on the 24th that preliminary calculations showed that China's gross domestic product (GDP) in the first three quarters was 87,026.9 billion yuan (RMB, the same below), calculated at constant prices , an increase of 3.0% year-on-year, 0.5 percentage points faster than the first half of the year.

Officials said that China's economic recovery in the third quarter was improving, which was significantly better than that in the second quarter.

  In terms of different industries, the added value of the primary industry was 5477.9 billion yuan, a year-on-year increase of 4.2%; the added value of the secondary industry was 35018.9 billion yuan, an increase of 3.9%; the added value of the tertiary industry was 46.53 trillion yuan, an increase of 2.3%.

On a quarterly basis, GDP grew by 4.8% year-on-year in the first quarter, 0.4% in the second quarter, and 3.9% in the third quarter.

On a month-on-month basis, GDP grew by 3.9% in the third quarter.

  Specifically, the recovery of industrial production accelerated, and equipment manufacturing and high-tech manufacturing grew rapidly.

In the first three quarters, the added value of industrial enterprises above designated size increased by 3.9% year-on-year, 0.5 percentage points faster than that in the first half of the year.

The added value of high-tech manufacturing and equipment manufacturing increased by 8.5% and 6.3% year-on-year respectively, 4.6 and 2.4 percentage points faster than that of all industries above designated size.

  Market sales were gradually improved, and the sales of basic living goods were relatively fast.

In the first three quarters, the total retail sales of consumer goods was 32,030.5 billion yuan, a year-on-year increase of 0.7%, and a year-on-year decrease of 0.7% in the first half of the year.

The growth of basic living consumption was good, and the retail sales of grain, oil, food, and beverages by units above designated size increased by 9.1% and 6.9% respectively.

The national online retail sales reached 9,588.4 billion yuan, an increase of 4.0%.

  Investment in fixed assets rose steadily, and investment in high-tech industries grew rapidly.

In the first three quarters, the national fixed asset investment (excluding farmers) was 42,141.2 billion yuan, a year-on-year increase of 5.9%.

Investment in high-tech industries increased by 20.2%, of which investment in high-tech manufacturing and high-tech service industries increased by 23.4% and 13.4% respectively.

  The employment situation is generally stable.

In the first three quarters, the national urban surveyed unemployment rate averaged 5.6%, of which the average in the third quarter was 5.4%, down 0.4 percentage points from the second quarter.

In September, the national urban surveyed unemployment rate was 5.5%, up 0.2 percentage points from the previous month.

  Residents' income grew steadily.

In the first three quarters, the per capita disposable income of national residents was 27,650 yuan, a nominal increase of 5.3% year-on-year; a real increase of 3.2% after deducting price factors, 0.2 percentage points faster than the first half of the year.

  The National Bureau of Statistics pointed out that, in general, China's economy has overcome the adverse effects of multiple unexpected shocks, the main indicators have returned to stability and remained within a reasonable range, and positive factors have accumulated and increased.

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