The economy continued to operate within a reasonable range in July

"Overall, the economy continued to operate within a reasonable range in July, maintaining an overall steady, steady and positive trend."National bureau of statistics spokesman liu aihua said.

The main features of economic operation in July can be summarized as three stable and three excellent.

Employment stability.From January to July, 8.8 million urban jobs were created, 250,000 more than the same period last year, and 80% of the target for the year was achieved.The national urban survey unemployment rate was 5.1 percent in July, up 0.3 percentage points from the previous month and unchanged from the same month last year.The survey unemployment rate of the population aged 25 to 59, the main working group in the country, remains low at 4.4%, and the employment situation is relatively stable.

Prices are stable.The consumer price index rose 2.1% in July from a year earlier, making prices stable.The rise in the producer price index fell slightly, rising 4.6 per cent year-on-year in July, down 0.1 percentage points from the previous month, helping to ease pressure on costs in the middle and lower reaches.

Production stability.In July, industrial added value increased by 6.0% year-on-year, unchanged from the previous month.The service sector production index rose 7.6 percent, down 0.4 percentage points from last month."A wide range of high-temperature, rainy and flood-prone disasters occurred in July across the country, which affected the normal production order of some service industries, such as transportation, and therefore decreased by 0.4 percentage points in the month.""Liu aihua said.

Supply structure continued to improve.From January to July, the added value of high-tech manufacturing increased by 11.6% year on year, that of equipment manufacturing increased by 9%, and that of strategic emerging industries increased by 8.6%.Looking at the service sector, information transmission, software and information technology services have maintained a growth rate of more than 30 percent, while the modern service sector has witnessed a relatively rapid growth.

Demand structure is constantly optimized.From January to July, the retail sales of communications equipment and cosmetics continued to increase by double digits, while the service consumption maintained a rapid growth.From January to July, manufacturing investment grew by 7.3% year-on-year, half a percentage point faster than the previous month.Private investment rose 8.8 per cent, also a small gain for the second consecutive month."The rebound in growth in manufacturing and private investment indicates that the investment structure is improving and the endogenous dynamic structure is improving.""Liu aihua said.

Business efficiency continued to improve.In terms of the profits of industrial enterprises above the scale, the profits of industrial enterprises above the scale increased by 17.2% in the first half year on year, which was further accelerated from January to may.Operating profit of service enterprises above the scale increased by 22.6% in the first half, which also maintained a high growth rate.

"It is commendable that the economic operation in July remains within a reasonable range, given the severe and complex situation at home and abroad, significant changes in the external environment and solid progress in domestic structural adjustment, as well as the disturbance caused by various factors such as climate in July.""Liu aihua said.