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GDP growth of 12.7% in the first half of the year
Published:7/16/2021 3:27:30 PMViews: 88
On July 15, the State Bureau of statistics released the report card of the national economic operation in the first half of the year. According to preliminary accounting, in the first half of the year, the GDP was 53216.7 billion yuan, which was 12.7% higher than that of the previous year, which was 5.6% lower than that in the first quarter; The average growth rate in two years was 5.3%, 0.3 percentage point faster than that in the first quarter. In terms of quarters, the growth rate in the first quarter was 18.3% year-on-year, and the average growth rate in the two years was 5.0%; It grew by 7.9% in the second quarter and 5.5% on average in two years.
Experts generally believe that the economic data of the first half of the year show that China's economy is still in a stable recovery range. After the outbreak of the epidemic, various departments in various localities have issued a series of rescue measures in time to protect the main body of the market and the supply chain. At the same time, macro policies remain stable and moderate, accurately support weak links and key areas, and win space and confidence for high-quality development.
Referring to the economic trend in the second half of the year, tangjianwei, chief researcher of the financial research center of the Bank of communications, said that due to the influence of the 2020 base, the economic trend in the whole year is expected to be high and stable. It is expected that economic growth in the next stage will present four characteristics: first, the transition from rapid recovery to steady growth after the epidemic; Second, the compound average growth rate of economy in recent two years has gradually accelerated; The third is to adjust and improve the structure of economic growth; Fourth, macro-control policies can ensure that the economy operates in a reasonable range.
Positive factors increase in economic operation
From a quarterly perspective, the average growth rate of the economy in the second quarter was higher than that in the first quarter, and the economy continued to recover, among which the structural optimization and adjustment, the enhancement of innovation momentum and other highlights deserve attention.
On July 15, Liu Aihua, a spokesman for the State Bureau of statistics and director of the General Statistics Department of national economy, introduced at a press conference held by the state new office that the optimization of economic structure mainly reflected in the strengthening of industrial support, the enhancement of consumption pull, and the rapid growth of investment in the short board area. Specifically, the contribution rate of added value of service industry to economic growth in the first half of the year was 53%, 2.1 percentage points higher than that in the first quarter; The added value of manufacturing industry accounted for 27.9% of GDP, 1.3 percentage points higher than that in the same period of last year. In the first half of the year, the contribution rate of final consumption expenditure to economic growth reached 61.7%, 42.5 percentage points higher than that of total capital formation.
The main body of new market is growing rapidly, new industries, new products and new modes are growing. According to the statistics of the basic unit directory database of the Bureau of statistics, the number of legal persons exceeded 30million for the first time at the end of June, an increase of 16.6% year-on-year. In the first half of the year, the added value of high-tech manufacturing industry above Designated Size grew by an average of 13.2% in two years, 0.9 percentage point faster than that in the first quarter. The output of new energy vehicles, industrial robots and integrated circuits has maintained a rapid growth year on year.
With the stable recovery of the economy, the overall improvement of the quality and efficiency of enterprises, and the continuous improvement of people's livelihood security. In the first half of the year, the average unemployment rate in cities and towns nationwide was 5.2%, 0.6% lower than that in the same period of last year and 0.2% lower than that in the first quarter; 6.98 million new urban employment was added in the whole country, 63.5% of the target tasks of the whole year were completed; China's per capita disposable income increased by 12% year-on-year, with an average growth of 5.2% in two years, basically keeping pace with economic growth.