Summary
[CITIC Securities: It is expected that the two-year average GDP growth rate in the third quarter will continue to improve]CITIC Securities Research Report believes that the second quarter GDP growth rate was 7.9%, and the two-year average growth rate was 5.5%, which was 0.5% faster than the first quarter. From a trend point of view, the economy has formed a recovery trend of stability and consolidation. From a structural point of view, investment in manufacturing, which is more representative of the dynamics of the economy, is clearly improving. Even if it is disturbed by the local epidemic in Guangzhou and Shenzhen, consumption has maintained a gradual improvement trend, which will also play a role in the subsequent steady recovery of the economy. With a strong supporting role, it is expected that the average GDP growth rate in the third quarter will continue to improve in two years. (Securities Times)
CITIC SecuritiesResearch reportThink that the second quarterGDPAn increase of 7.9%, an average increase of 5.5% in two years, a further 0.5 percentage point increase over the first quarter. From a trend point of view, the economy has formed a recovery trend of stability and consolidation. From a structural point of view, investment in manufacturing, which is more representative of the dynamics of the economy, is clearly improving. Even if it is disturbed by the local epidemic in Guangzhou and Shenzhen, consumption has maintained a gradual improvement trend, which will also play a role in the subsequent steady recovery of the economy. With a strong supporting role, it is expected that the average GDP growth rate in the third quarter will continue to improve in two years.
(Source: Securities Times)
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