The National Bureau of Statistics released the latest economic data yesterday. In the first three quarters of this year, my country's GDP (GDP) was 87026.9 billion yuan. Based on the unchanging price of , increased by 3.0% year-on-year, 0.5 percentage points faster than the first half of the year. Data shows that my country's economy recovered in the third quarter, significantly better than in the second quarter, production demand continued to improve, employment prices were generally stable, people's livelihood guarantees were strong and effective, and the overall operation was within a reasonable range.
preliminary calculations, the GDP in the first three quarters was 87026.9 billion yuan, a year-on-year increase of 3.0%, an acceleration of 0.5 percentage points from the first half of the year. From a month-on-month perspective, after adjusting for seasonal factors, GDP in the third quarter increased by 3.9% month-on-month. By industry, the added value of the primary industry is 5477.9 billion yuan, an increase of 4.2% year-on-year; the added value of the secondary industry is 35018.9 billion yuan, an increase of 3.9%; the added value of the tertiary industry is 46530 billion yuan, an increase of 2.3%. By quarter, 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. From a month-on-month perspective, GDP grew by 3.9% in the third quarter. Zhao Tonglu, director of the National Economic Accounting Department of the National Bureau of Statistics, said that my country's economic operation continued to recover, the growth rate stabilized and rebounded in the third quarter, and the overall economy showed a positive recovery trend.
The three major demands continue to rebound
The recovery and development momentum is enhanced
Zhao Tonglu analyzed that with the support of steadily growing and promoting consumption policy , my country's consumption demand generally continues to recover and its fundamental role in economic development has gradually consolidated. In the first three quarters, final consumption expenditure contributed 41.3% to economic growth, driving GDP growth by 1.2 percentage points. Among them, the contribution rate of final consumption expenditure to economic growth in the third quarter was 52.4%, driving GDP growth by 2.1 percentage points.
As the package of policies to stabilize the economy and the effectiveness of continuous policies has been continuously released, my country's investment has also grown steadily, the construction of major projects has been accelerated, the scale of effective investment has continued to expand, and its key role in economic recovery has been enhanced. In the first three quarters, the total capital formation of contributed 26.7% to economic growth, driving GDP growth by 0.8 percentage points. Among them, the total capital formation contribution rate to economic growth in the third quarter was 20.2%, driving GDP growth by 0.8 percentage points.
Faced with the complex and severe international environment, my country has strengthened its efforts to improve efficiency by stabilizing foreign trade and foreign investment. Foreign trade has shown strong development resilience, and net exports have grown rapidly, making positive contributions to stabilizing the macroeconomic market. In the first three quarters, net exports of goods and services contributed 32.0% to economic growth, driving GDP growth by 1.0 percentage points. Among them, net exports of goods and services contributed 27.4% to economic growth in the third quarter, driving GDP growth by 1.1 percentage points.
Industrial production rebounded significantly
added value in the automobile manufacturing industry increased by 25.4% year-on-year
With the implementation of a package of policies and continuation policy measures to stabilize the economy, my country's industrial production overcomes the impact of adverse factors such as frequent epidemics and extreme high temperature weather in the third quarter, and shows a trend of positive recovery and continuous improvement. Jiang Yuan, deputy director of the Industrial Statistics Department of the National Bureau of Statistics, introduced that in the third quarter, my country's industrial chain and supply chain recovered steadily, and the national industrial added value of above-scale industrial enterprises increased by 4.8% year-on-year, up 4.1 percentage points from the second quarter.
It is worth mentioning that my country's automobile manufacturing industry has recovered rapidly. With the rapid recovery of the automobile industry chain and supply chain, my country's automobile manufacturing industry's capacity utilization rate reached 75.7% in the third quarter, a month-on-month rebound of 6.6 percentage points, and the added value turned from a decrease of 7.6% in the second quarter to a significant increase of 25.4%, which has a significant driving effect on the industrial economy. Automobile production turned from a year-on-year decrease of 8.5% in the second quarter to a growth of 31.4%.
Resident income has grown steadily
Employment situation improved in the third quarter
Data released yesterday showed that in the first three quarters, the per capita disposable income of Chinese residents was 327,650 yuan, a nominal increase of 5.3% year-on-year; the actual increase after deducting price factors was 3.2%, an acceleration of 0.2 percentage points from the first half of the year.
is divided into place of permanent residence, per capita disposable income of urban residents 37,482 yuan, a nominal increase of 4.3% year-on-year, and a real increase of 2.3%; the per capita disposable income of rural residents is 14,600 yuan, a nominal increase of 6.4% year-on-year, and a real increase of 4.3%.
Fang Xiaodan, Director of the Household Survey Department of the National Bureau of Statistics, said that the national growth rate of residents' income has steadily rebounded compared with the first half of the year. Under the influence of a series of policies to stabilize employment and ensure people's livelihood, residents' income growth is basically synchronized with economic growth. Among them, efforts to help enterprises alleviate difficulties continue to increase, efforts to ensure market entities, the employment situation is generally stable, and wage income continues to grow. By urban and rural perspective, the per capita wage income of urban residents increased by 4.2%, while the per capita wage income of rural residents increased by 5.9%. According to the national monitoring and survey of migrant workers, the number of rural labor force going out to work at the end of the third quarter was 182.7 million, basically the same as the same period last year; the average monthly income of migrant workers going out to work was 4,586 yuan, an increase of 3.0% over the same period last year.
In addition, the national urban surveyed unemployment rate in the first three quarters was 5.6%, of which the average was 5.4% in the third quarter, down 0.4 percentage points from the second quarter. Wang Pingping, director of the Population and Employment Statistics Department of the National Bureau of Statistics, said that the frequent outbreaks of the epidemic have had a certain impact on employment since this year, and the national urban surveyed unemployment rate has fluctuated. With the efficient coordination of epidemic prevention and control and economic and social development, and the implementation of various policies to stabilize growth and employment, the employment situation in the third quarter improved, the employment of key groups was strongly guaranteed, and the employment situation was generally stable.
text/Reporter Zhang Qin of this newspaper coordinated/Yu Meiying
photo provided by/ Visual China
