is under pressure, but more motivated. This may be a true portrayal of my country's economic development in 2022. On the one hand, the uncertainty brought about by the frequent epidemics in many places, the weak rebound caused by the lagging recovery of residents' consumption, and the weakening of external demand caused by the gradual slowdown of the global economy...
This caused my country's economic growth rate to plummet to 0.4% in the second quarter. It is expected that the economic growth rate in the third quarter will only be between 3% and 4%, and is expected to recover to above 4% in the fourth quarter. In 2022, my country's economic growth rate is expected to be around 3.2% - the forecast of IMF.
Compared with last year, the international environment this year has become more complex and severe, with domestic demand shrinking, offline consumption scenarios sluggish, supply has been impacted, and economic growth expectations have weakened. However, my country's economy still has strong development resilience and will show a development trend of "high at both ends and high in the middle" throughout the year.
Since the beginning of this year, my country's three major industries have continued to recover and develop, the economic structure is optimized, and the quality and efficiency continue to improve. In particular, emerging industries including semiconductors, new energy, new materials, big data, artificial intelligence , Internet information technology and services, equipment and equipment manufacturing, etc. are still developing rapidly.
Take new energy vehicles as an example: from January to September, my country's new energy vehicle production and sales reached 4.717 million and 4.567 million respectively, both of which doubled; driven by the booming development of new energy vehicles, my country's automobile export volume has jumped to second place in the world.
At the 2022 Paris International Auto Show, China's new energy vehicle brand became the protagonist of the exhibition. French media reported that in the field of new energy vehicles, China has invested far more than any other country, and has achieved breakthroughs in key technologies, from previous catching up to surpassing.
In the past decade, global consumers, including China and Europe, seem to have "break the boundaries between purchasing fuel vehicles and new energy vehicles." European car companies realized it later, but China and the United States quickly seized the market, and have both become important forces leading the electrification transformation of the automobile industry.
my country's hydraulic, wind and solar power generation rank first in the world. 60% of the global market wind power equipment is supplied by China. The output of solar electromagnetic panels and other equipment accounts for almost 80% of the world's total output, and China's "energy storage equipment" has contributed 90% of the chemical and physical "energy storage equipment"...
There are also semiconductor industry that netizens are concerned about, and have also made major breakthroughs. Faced with layered suppression from the United States, my country's 14-nanometer advanced process chips have successfully achieved large-scale mass production; substantial breakthroughs have also been made in the development of core materials such as gallium nitride , and it is expected to expand the domestic substitution rate...
Nansheng also noticed that in the first half of this year, the nominal GDP completed by the whole society in my country has reached nearly 8.7 trillion US dollars, although it is still far lower than that of the United States. However, the GDP created by my country's manufacturing industry achieved a breakthrough of US$2.5 trillion, and is expected to exceed US$5 trillion in 2022.
will be close to or reach 1.9 times the scale of the US manufacturing industry, and is expected to exceed the total manufacturing industry of the three core developed countries, the United States, Japan and Germany. In terms of output level of real economy, my country has long achieved "catching up with Britain and surpassing the United States" and is actively seizing the commanding heights of the supply chain.
Nan Sheng always believes that wave-like progress is the norm of economic development. In the face of short-term pressures and risks, we must unswervingly promote recovery momentum, respond scientifically and reasonably to cyclical and structural shocks, stimulate industrial transformation, and lay the foundation for sustainable economic development.
Under the influence of various internal and external uncertainties, my country's future development path is not expected to be smooth sailing, full of hardships and twists and turns, but Nansheng believes that "the Chinese people have the spirit and ability to overcome any difficulties and obstacles" and looks forward to and witness our country's real rise.
The economy has grown by 3.2%, so how much will GDP reach?
has grown by 3.2% this year. After the growth momentum continues to be released, my country's economic growth rate will recover to 4.4% in 2023. This is the estimate given by International Monetary Fund in the new version of the World Economic Outlook Report. At the same time, the IMF also gave my country's GDP and per capita GDP 2.
my country's economic scale is expected to expand to US$18.32 trillion in 2022, and per capita GDP is expected to increase to around US$13,000. Next is the question of interacting with netizens. Do you know how the IMF predicts the United States, India, Japan and other countries? This article is written by Nan Sheng. Please do not reprint or plagiarize without authorization!
