In 2017, China’s economic data announced on the 18 th that the total GDP is expected to exceed 80 trillion
Beijing, January 18 (Reporter Cheng Chunyu) According to the schedule, the National Bureau of Statistics will release heavy economic data such as gross domestic product (GDP) in 2017 today. According to the official forecast, China’s GDP is expected to exceed 80 trillion yuan in 2017, with an annual growth rate of about 6.9%, and the overall situation is better than expected.
In 2017, GDP is expected to exceed 80 trillion, an increase of about 6.9%.
Statistics from the National Bureau of Statistics show that China’s GDP increased by 6.9% year-on-year in the first three quarters of 2017, 0.2 percentage points faster than the same period of last year. Among them, in the first quarter, the second quarter and the third quarter, it increased by 6.9%, 6.9% and 6.8% respectively, and operated in the range of 6.7-6.9% for nine consecutive quarters, maintaining medium-high growth. How the "transcripts" of economic growth in 2017 have attracted worldwide attention.
On January 10th, Li Keqiang, Premier of the State Council of the People’s Republic of China attended the Lancang River in Cambodia — At the second leaders’ meeting of Mekong River Cooperation, it was stated that in the past year, China’s economy continued to develop steadily, and the overall situation was better than expected. The annual gross domestic product (GDP) is expected to increase by about 6.9%.
Li Keqiang said that in the past year, the survey unemployment rate in big cities and towns in China was the lowest in many years; Import and export reversed the decline for two consecutive years; Fiscal revenue, residents’ income and enterprise benefits have improved significantly; The bond market, stock market and housing market operated smoothly, foreign exchange reserves continued to increase, and the leverage ratio of enterprises declined steadily.
In terms of economic aggregate, China’s economic aggregate has steadily increased from 54 trillion yuan in 2012 to 74 trillion yuan in 2016. He Lifeng, director of the National Development and Reform Commission, said in October 2017 that the total economic output would exceed 80 trillion yuan by the end of this year. In the first three quarters of 2017, the total economic output of China has reached 59.33 trillion yuan.
At present, some 2017 indicator data have been disclosed. The data shows that in the first 10 months, 11.91 million new jobs were created in cities and towns, and the annual employment target was completed ahead of schedule; The annual consumer price index (CPI) rose by 2.0%, achieving the price control target of about 3% for the whole year; The total value of imports and exports increased by 14.2%, reversing the previous decline for two consecutive years; The profits of central enterprises exceeded 1.4 trillion yuan for the first time, an increase of 15.2%, and the increment and growth rate of economic benefits were the best in five years.
With the strong economic growth of China and the obvious pull of external demand, in the fourth quarter of 2017, the International Monetary Fund (IMF) and the World Bank successively raised China’s economic growth forecast. According to the World Economic Situation and Prospects in 2018 released by the United Nations recently, one third of the global economic growth in 2017 will come from China.
In 2018, China’s economy is expected to remain stable and positive.
"The current economic situation in China is generally stable and stable, and it will continue next year." Mao Shengyong, spokesman of the National Bureau of Statistics, said at the press conference of the State Council Office last month that the global economy as a whole is recovering and global trade is growing rapidly, which is a good external environment.
Mao Shengyong also said that from the inside, consumption can continue the good trend of sustained and rapid growth in scale, accelerated pace of structural upgrading and continuous improvement in contribution to growth. The current investment shows a trend of slowing down and stabilizing. Generally speaking, the manufacturing industry is accelerating its revitalization next year, manufacturing investment is likely to continue to pick up, infrastructure will remain relatively stable, and real estate investment will not have a big ups and downs, so the whole investment should be able to maintain a generally stable development trend.
At present, China’s economy has shifted from a high-speed growth stage to a high-quality development stage. The Central Economic Work Conference pointed out that in 2018, we should focus on promoting high-quality development, do a good job in deepening supply-side structural reforms, stimulating the vitality of various market players, implementing rural revitalization strategies, implementing regional coordinated development strategies, promoting the formation of a new pattern of comprehensive opening up, and improving security and improving people’s livelihood.
The 2018 Economic Blue Book of China Academy of Social Sciences pointed out that there are many positive factors in economic growth in 2018: a new round of opening up and the active promotion of the "Belt and Road" construction will stabilize and stimulate China’s external demand; The scale of employment in China has continued to expand, and the survey unemployment rate has remained at the lowest level since 2013; Social stability, steady growth of residents’ income, stable consumer expectations, rapid development of new consumption formats and continuous improvement of consumption quality.
The Blue Book predicts that China’s GDP growth rate will be 6.7% in 2018, and there will be no "hard landing". Because economic and social development has a good supporting foundation and many favorable conditions, employment and prices remain basically stable, and the quality and efficiency of development are expected to continue to improve, China’s economy will maintain a stable and positive development trend under the new normal. (End)