Industrial growth in January-February this year increased by 8.6% year-on-year

Abstract The Voice of China "National Network News" reported that the National Bureau of Statistics today (13) announced in December this year, main indicators of economic performance data, where industrial growth continued to fall, an increase of 8.6% for 12 months The lowest value. National statistics...
According to China Voice's "National News Network" report, the National Bureau of Statistics announced today (13th) the data of the main indicators of the national economy from January to February this year. Among them, the industrial growth rate continued to fall, up 8.6% year-on-year, the lowest in 12 months. value. Sheng Laiyun, spokesperson of the National Bureau of Statistics, said that the decline in industrial growth was due to active adjustment, and the start was good. The situation of China's economy “steady and good” has not changed, and it is expected to maintain steady and healthy growth in the future.

From January to February this year, the added value of China's industrial enterprises above designated size increased by 8.6% year-on-year, the lowest value in 12 months. At the same time, national fixed asset investment increased by 17.9% year-on-year, and total retail sales of consumer goods increased by 11.8% year-on-year, both lower than last year's average. Sheng Laiyun, a spokesperson for the National Bureau of Statistics, said that the growth rate of some indicators fell slightly in anticipation. Overall, the start was good, and structural adjustment and transformation and upgrading made significant progress.

The growth rate of traditional industries, including some overcapacity industries, such as steel, cement, building materials, coal, and non-ferrous metals, has seen a significant decline in growth rate, but emerging industries, food, medicine, aerospace, etc. are significantly higher than those above designated size. Growth. The investment growth of the tertiary industry was 23.8%, which was three percentage points higher than the national investment growth rate.

Sheng Laiyun said that at present, China is in the period of increasing gear shifting period, structural adjustment pain period and policy digesting period. The slowdown of economic growth is a normal embodiment of the role of market economy law. From the perspective of the export situation, the recovery of the world economy is slower than expected, which also has a certain impact on China's economic development.

From January to February, the data released by the customs, we are falling, and the decline in export data has a certain impact on the domestic economy.

It is worth noting that according to the National Bureau of Statistics survey, the unemployment rate of 31 large and medium-sized cities is basically stable, which lays a good foundation for ensuring economic health. Sheng Laiyun introduced that it is necessary to face up to the problems and challenges, but China’s economy has stabilized and the situation has not changed.

The price growth rate has dropped slightly, and the financial and financial situation has been relatively stable. We have judged that the fundamentals of economic operations have not changed. The economic stability has not changed since last year, so I think the current situation is still good.

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