Home » October National Economic Report Card Released, Economic Operation Overall Stable and Continued to Recover_Linghui

October National Economic Report Card Released, Economic Operation Overall Stable and Continued to Recover_Linghui

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Original Title: October National Economic Report Card Released, Economic Operation Overall Stable and Continued Recovery

CCB News, Beijing, November 15 (Reporter Tang Jing) On the morning of the 15th, the State Information Office held a press conference and the National Bureau of Statistics introduced the national economy in October 2021. In October, my country’s national economy continued to recover. The employment situation was generally stable, the overall consumer price level was stable, the balance of payments was better than expected, structural adjustments were made solidly, people’s livelihoods continued to improve, and economic operations were generally stable.

“The overall steady and continuous recovery of economic operations” is a summary by Fu Linghui, spokesperson of the National Bureau of Statistics and Director of the Department of Comprehensive Statistics of the National Economy, on my country’s national economic development in October this year.

Specifically, in terms of agriculture, Fu Linghui said that despite the impact of the epidemic and unfavorable flood conditions, my country’s agricultural production still maintains a steady increase in output. This year’s summer grain and early rice have achieved a double increase in production. In October, the autumn grain harvest is nearing completion. Judging from the actual harvest in various regions, the autumn grain production is expected to increase. Fu Linghui said: “Based on the 5.93 billion catties increase in summer grain production and 1.45 billion catties in early rice, the country’s total grain output is expected to reach more than 1.3 trillion catties.”

In terms of industrial production, in the third quarter, due to factors such as the epidemic, flood conditions, and tight supply of some energy and raw materials, industrial production slowed down. Fu Linghui said that since October, with the easing of phased and restrictive factors, the market has increased its efforts to maintain supply and stabilize prices, and industrial production has undergone positive changes. In October, the value added of the industrial enterprises above designated size increased by 3.5% year-on-year, 0.4 percentage points faster than the previous month, and an average growth rate of 5.2% over the two years, 0.2 percentage points faster than the previous month.

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From the perspective of consumption, in October, the total retail sales of consumer goods in my country was 4,045.4 billion yuan, a year-on-year increase of 4.9%, an acceleration of 0.5 percentage points from the previous month, and a rebound for two consecutive months. Fu Linghui said that the resilience of my country’s consumption recovery continues to show up, mainly reflected in the steady recovery of commodity sales, the relatively sufficient internal driving force for consumption, and the more obvious role of new consumption patterns in boosting consumption growth. Fu Linghui said: “The living standards of residents have improved and the development of upgraded consumption is improving. The rapid development of online shopping and online consumption has driven the expansion of consumption. In the first 10 months of this year, online retail sales of physical goods increased by 14.6% year-on-year, accounting for The proportion of total retail sales of consumer goods reached 23.7%.”

In terms of foreign trade, my country’s import and export growth maintained a relatively rapid growth in October. The total value of imports and exports of goods was 3335.7 billion yuan, a year-on-year increase of 17.8%, an increase of 2.4 percentage points from the previous month. Among them, the export growth rate is obvious, an increase of 20.3%, 0.4% faster than last month. Fu Linghui said that the rapid growth of my country’s imports and exports is mainly due to the following factors: “First, my country’s industrial system is complete, production has recovered well, and supply capacity is relatively strong, which lays the foundation for maintaining rapid growth in imports and exports. The second is the overall recovery of the world economy, the increase in overseas demand, and the continued growth of shopping during the Christmas season. From the perspective of the new export order index in the manufacturing PMI, the new export order index in October rebounded from the previous month The third is that the policy of stabilizing foreign trade continues to exert force, and the development of new foreign trade formats continues to be active. According to the situation in the first nine months, cross-border e-commerce imports and exports have maintained rapid growth, with a growth rate of more than 20%. “

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It is worth noting that in October, the increase in CPI and PPI both expanded, of which CPI rose 1.5% year-on-year, an increase of 0.8 percentage points from the previous month. PPI rose by 13.5% year-on-year, an increase of 2.8 percentage points from the previous month. The scissors gap between PPI and CPI in October reached 12 percentage points, a record high. Fu Linghui said that in the face of rising international commodity prices and tight supply in some domestic industries, relevant departments have introduced a series of measures to increase market security and price stability.

Fu Linghui said: “At present, the effect is gradually showing, the supply of major energy products is also increasing, and the price situation has improved. From the price situation in the circulation field in late October and early November, the price of coal has appeared on a month-on-month basis. A relatively significant decline.”Return to Sohu to see more

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