Growth is steady, employment is expanding, inflation is moderate, income growth is increasing and reform is deepeningIn the first half of this year, China's economic performance has maintained a stable, medium and good momentum, and China has started to move towards high-quality development.
Several indicators are improving
Although China's GDP growth figures for the first half of this year have not been officially released, the overall picture of China's economy is clear and clear in the eyes of experts who have long studied the macro-economy.
"China's GDP grew 6.8 per cent in the first quarter of this year compared with the same period last year and has maintained a growth space of 6.7 per cent to 6.9 per cent for 11 consecutive quarters.I believe GDP growth will remain in this range in the first half of the year.The overall situation of China's economy has been steady and moving towards high quality.Wang changlin, executive vice President of the China institute of macroeconomics, told reporters.
Since the beginning of this year, China's supply-side structural reform has advanced in depth, and a series of reform and innovation policies and measures have continued to make progress. The quality, efficiency and impetus of economic development have been effectively improved.
"As the supply side structural reform deepening and accelerating consumption upgrade, support improving service industry development policy, service industry continued rapid growth in China, the modern service industry development momentum, service companies operating income growth, the market is expected to continue to improve.""Said xu jianyi, director of the service department of the national bureau of statistics.
According to wang, the core indicators of high quality development include GDP growth, labor productivity and corporate benefits, household income, employment rate and environmental protection.At present, China's economic growth remains within a reasonable range, with household income outpacing GDP, industrial profits growing steadily, and macro-leverage and debt ratios fallingA number of economic data have shown that the economy has improved its internal stability and coordination, achieved outstanding results in transformation and upgrading, and maintained robust growth of new drivers and improved quality and efficiency.
The people's sense of empowerment has been increasing
"The pension is going up again."At present, Beijing, Shanghai, liaoning and other places announced pension adjustment plans, China has raised the pension level for 14 consecutive years.In the second half of this year, the national pension adjustment will be fully paid out, with an estimated 114 million retirees benefiting.
Income is not only an important economic indicator, but also an important social indicator.The sustained growth of household income is based on the steady progress of the macro-economy and on the improvement of the people-centered income distribution system.
At present, new industries, which represent the new round of technological revolution and the direction of industrial reform, are growing stronger, and play a leading role in promoting the overall economic and social development.At the same time, our country has entered the new stage of the consumption structure to speed up the upgrading, the rising consumer demand effectively boost the service industry growth, prosperous industry an increase in income, consumption upgrade to drive industry development into a virtuous cycle.
In the first quarter, China's per capita disposable income reached 7,815 yuan, an increase of 6.6 percent in real terms after adjusting for prices.Among them, the per capita disposable income of urban residents was 10,781 yuan, an increase of 5.7 percent in real terms.The per capita disposable income of rural residents was 4,226 yuan, up 6.8 percent in real terms and continuing to grow faster than that of urban residents.