subject: State Information Center: The Economy Will Continue To Rebound In The Third Quarter - Home Appliance [print this page] According to the State Information Center predicted that the third quarter of this year, China's macro-economic policy remain stable, the national economy will continue to steadily rise, consumption continues to boom, investment fell by a little high, slow decline in external demand, industrial production has continued to improve, GDP growth will be higher than in the first half. As current economic development is at a critical period of stabilization and rebound, we must further seek and strive to science, an accurate grasp of the situation, so that macro-control toward a more favorable steady growth, achieving the goal to improve the development of the structure.
Macroeconomic stabilization and rebound This year, the International Financial Crisis spreading and deepening the context of economic development in China to contain the downward direction, the economy has stabilized warming trend is gradually strengthening.
? GDP growth better than expected. Macroeconomic policies with timely and effective implementation of the first half, China's GDP grew 7.1%, which in the second quarter rose by 7.9% last quarter to 1.8 percent, faster than expected economic recovery. In addition, estimates showed that the People's Bank, China's GDP in the second quarter, the chain was off 14.9%, 6.4 percentage points higher sequentially. Can be judged accordingly, the most difficult period has passed macroeconomic, GDP warming trend is gradually strengthening.
? A steady rebound in industrial production. From January to July, more than the scale of industrial added value grew 7.5% 1-2 months 3.8% to industrial production since 1991, the lowest monthly increase since rebounded 5 months, respectively 8.3%, 7.3% , 8.9%, 10.7% and 10.8%, 13.7% of the years approaching the industry average.
Significant expansion of domestic demand effect
2009 since investment and consumption become the major driving force to promote economic growth. In the first half, the contribution of investment to economic growth rate of 87.6%, driving GDP growth of 6.2 percentage points; final consumption's contribution to economic growth rate of 53.4%, driving GDP growth of 3.8 percentage points.
? Investment growth. January-July urban fixed asset investment has reached 9.5392 trillion yuan, up 32.9% over the same period the previous year to speed up by 5.6 percentage points. Round of government investment as an important force for high investment growth, 1-July on behalf of the state-owned and state-controlled investment increased 40.1%, 7.2 percentage points higher than the average; State Budget investment rose 84.3%, 51.4 percentage points higher than the average . Meanwhile, agriculture, railways, health care,
Environmental protection Areas such as investment in infrastructure and people's livelihood and a substantial increase in the investment structure has been optimized.
? Consumption steadily. Appliances to the countryside
Car to the countryside, improve the effectiveness of social security and other policies to expand consumption significantly, in the first half retail sales of social consumer goods increased by 15% after deducting price factors, the actual increase of 16.6%, the actual increase of 3.7 percentage points higher than the same period last year. Housing, cars and other consumer goods market, active in commercial real estate, 1-July
Sell Negative growth by the early growth rebounded to 37.1%, 70 cities housing sales price rose, the real estate process to speed up inventory; car sales 7.184 million, an increase of 23.4%, new car sales for 5 months first in the world; household appliances, building materials, furniture and other related products consumption in good shape. Data show that the pace of China's consumption structure upgraded the financial crisis did not stop, but the trend accelerated rendering.
Structural adjustment measures initial resultsThis year, the government in expanding domestic demand and maintain steady economic growth, the overall consideration of the structural adjustment targets, now three times the internal structure and industrial structure optimization of both.
? The tertiary industry increased. In the first half, the proportion of three industries in China were 8.6:50.1:41.3, the proportion of tertiary industry increased over 2008 by 1.2 percentage points, reaching the highest level since the past 6 years. From January to July, the tertiary industry grew 36.5%, 3.6 percentage points higher than the national level;
