International online coverage: according to the website of the national statistical office, a preliminary accounting of the gross domestic product (GDP) of 41,86. 1 billion yuan in the first half of the year represents an increase of 6. 8 per cent at comparable prices. On a quarterly basis, there was an increase of 6. 8 per cent in the first quarter and 6. 7 per cent in the second quarter, with 12 consecutive quarters remaining between 6. 7 and 6. 9 per cent. In terms of subsectors, the value of the primary sector increased by 22. 8 billion yuan, or 3. 2 per cent over the same period; the value of the secondary sector increased by 169. 2. 9 billion yuan, or 6. 1 per cent; and the value of the tertiary sector increased by 22. 776 billion yuan, or 7. 6 per cent。
I. Optimization of farming structures and production situation
Food cultivation has been restructured and the national summer food harvest is expected to yield better. Structural reforms on the agricultural supply side have deepened, with an increase in cotton and soybean sowing areas. Livestock production is stable. In the first half of the year, there was an increase of 3. 995 million tons, or 0. 9 per cent over the same period, of which 2,6140,000 tons, or 1. 4 per cent, were produced. There are 40. 904 million pigs in the field, a decrease of 1. 8 per cent over the same period, and 33. 42 million pigs in the field, an increase of 1. 2 per cent。
Ii. Overall industrial growth is stable and the structure continues to optimize
During the first half of the year, the value added by industries of national size and above increased by 6. 7 per cent in real terms, at a rate of 0. 1 percentage points lower than in the first quarter. The value added of state-owned holdings increased by 7. 6 per cent over the same period, collective enterprises decreased by 1. 9 per cent, joint-stock enterprises grew by 6. 7 per cent and foreign and hong kong-australian investment enterprises grew by 6. 2 per cent. In three broad categories, the mining sector grew by 1. 6 per cent over the same period, manufacturing by 6. 9 per cent and electricity, heat, gas and water production and supply by 10. 5 per cent. The value added of the high-technology industry and the equipment manufacturing industry increased by 11. 6 per cent and 9. 2 per cent, respectively, faster than the industry of 4. 9 and 2. 5 percentage points, respectively, above its size. In june, the value added of industries above scale increased by 6. 0 per cent over the same period. In january and may, total profits were 27,29. 8 billion yuan, an increase of 16. 5 per cent over the previous year, for industrial enterprises of all sizes and above, and a profit margin of 6. 36 per cent for the main business of industrial enterprises of all sizes, an increase of 0. 35 percentage points over the same period of the previous year。
Iii. Faster growth of services and dynamic growth of emerging services
In the first half of the year, the national service production index increased by 8. 0 per cent over the same period, falling by 0. 1 percentage points over the first quarter and maintaining a faster rate of growth. Among them, information transmission, software and information technology services, leasing and business services continued to grow relatively rapidly. In june, the national service production index increased by 8. 0 per cent over the same period. In january-may, the business income of enterprises above the size of the service sector increased by 13. 3 per cent over the same period, an increase of 0. 2 percentage points over the same period of the previous year; of these, the business income of strategic and emerging services, sti services and high-technology services increased by 18. 1 per cent, 17. 5 per cent and 15. 4 per cent respectively, an increase of 2. 4, 5. 0 and 4. 5 percentage points, respectively, over the same period of the previous year。
IvHousehold consumptionAnd market sales grew steadily and consumption-upgrade commodities grew faster
In the first half of the year, per capita consumption by the population increased by 8. 8 per cent in nominal terms, 1. 2 percentage points more than in the first quarter, 6. 7 per cent more in real terms, and 1. 3 percentage points more, excluding price factors. Among them, per capita consumption by urban residents increased by 6. 8 per cent in nominal terms, accelerating by 1. 1 percentage points, while per capita consumption by rural residents increased by 12. 2 per cent in nominal terms, accelerating by 1. 2 percentage points. In the first half of the year, retail sales of social consumer goods totalled $180. 18 billion, representing an increase of 9. 4 per cent over the same period and a decline of 0. 4 percentage points over the first quarter. By location of business unit, the retail value of urban consumer goods increased by 9. 2 per cent, by 15. 9 billion yuan; the retail value of rural consumer goods increased by 10. 5 per cent. By type of consumption, revenues from catering increased by 9. 9 per cent to 1945. 7 billion yuan, while merchandise retail sales increased by 9. 3 per cent to 160. 661 billion yuan. The sales of consumer-upgrading goods have grown more rapidly, with an increase of 10. 6 per cent, 10. 6 per cent and 14. 2 per cent, respectively, for household appliances and audio-visual equipment, communications equipment and cosmetics above the threshold, an increase of 0. 2, 0. 5 and 2. 9 percentage points, respectively, over the same period of the previous year. In june, total retail sales of social consumer goods increased by 9. 0 per cent over the same period, an increase of 0. 5 percentage points over the previous month。
V. Steady growth in fixed-asset investment, private investment and manufacturing investment back litres
In the first half of the year, the national fixed-asset investment (excluding farmers) stood at 29,731. 6 billion yuan, an increase of 6. 0 per cent over the same period, a rate of 1. 5 percentage points lower than in the first quarter. Of this amount, private investment amounted to $184. 539 billion, an increase of 8. 4 per cent over the same period, an increase of 1. 2 percentage points over the same period of the previous year. In the case of the subsectors, investment in the primary sector grew by 13. 5 per cent; investment in the secondary sector grew by 3. 8 per cent, of which investment in manufacturing rose by 6. 8 per cent for three consecutive months, rising by 3. 0 percentage points more than in the first quarter and by 1. 3 percentage points more than in the same period the previous year; and investment in the tertiary sector grew by 6. 8 per cent, with infrastructure investment increasing by 7. 3 per cent. Investment in high-technology manufacturing grew by 13. 1 per cent over the same period, which was 7. 1 percentage points faster than total investment. In the first half of the year, the national investment in real estate development was 555. 3 billion yuan, an increase of 9. 7 per cent over the previous year. The total area sold in commercial houses nationwide was 7,71. 43 million square metres, an increase of 3. 3 per cent. The national sales of commercial houses increased by 13. 2 per cent by 669. 45 billion yuan。
The balance of exports and imports of goods is narrow and the structure of trade continues to improve
In the first half of the year, total imports and exports of goods amounted to 14,122. 7 billion yuan, an increase of 7. 9 per cent over the previous year. Of this, exports amounted to $7512 billion, representing an increase of 4. 9 per cent, while imports amounted to $661. 7 billion, an increase of 11. 5 per cent. The surplus of imports and exports was $901. 3 billion, which was 26. 7 per cent narrower than the same period the previous year. The structure of trade was further optimized, with exports and imports of general trade increasing by 12. 2 per cent, or 59 per cent of total imports and exports, an increase of 2. 3 percentage points over the same period of the previous year. Exports of electromechanical products grew by 7 per cent, accounting for 58. 6 per cent of total exports. For the top three trading partners, exports and imports have increased by 5. 3 per cent, 5. 2 per cent and 11 per cent, respectively, to the european union, the united states and asean, which together account for 41 per cent of our total exports and imports. During the same period, our exports and imports to the 16 countries of central and eastern europe increased by 14. 7 per cent, which is 6. 8 percentage points higher than the total volume of imports and exports of goods. In june, exports and imports totalled $2493. 6 billion, an increase of 4. 3 per cent over the same period. Of these, exports increased by 3. 1 per cent to rmb 137. 7 billion, while imports increased by 6. 0 per cent to rmb 1115. 8 billion. In the first half of the year, industrial enterprises of more size achieved an export delivery value of $5,716. 2 billion, an increase of 5. 7 per cent over the previous year. In june, industrial enterprises above the scale achieved an export delivery value of $105. 47 billion, an increase of 2. 8 per cent。
Vii. Sustainable employment and employment
In the first half of the year, the population had an disposable income of $14,063, an increase of 8. 7 per cent in nominal terms and 6. 6 per cent in real terms, excluding price factors. On a permanent basis, urban residents have an disposable income of 19770 yuan, an increase of 7. 9 per cent in nominal terms over the same period, and a real increase of 5. 8 per cent, excluding price factors; rural residents have an disposable income of 7142 yuan, an increase of 8. 8 per cent in nominal terms over the same period, and a real increase of 6. 8 per cent, excluding price factors. The per capita income of urban and rural residents is 2. 77, which is 0. 02 less than the same period in the previous year. The median disposable income per inhabitant of the country was $12186 or 8. 4 per cent in nominal terms. In june, the national urban survey unemployment rate stood at 4. 8 per cent, at the same rate as the previous month, a decrease of 0. 1 percentage points as compared with the previous year; in 31 major cities and towns, the survey unemployment rate was 4. 7 per cent, at the same rate as the previous month, a decrease of 0. 2 percentage points as compared with the previous year. At the end of the second quarter, the total rural labour force for migrant workers was 1. 822 million, an increase of 1. 49 million, or 0. 8 per cent, over the same period the previous year. The migrant labour force earns an average of $3661 per month, an increase of 7. 5 per cent over the same period。
Viii. Moderate rise in consumer prices and flat rise in industrial prices steady
In the first half of the year, the national consumer price increased by 2. 0 per cent over the same period, a decrease of 0. 1 percentage points over the first quarter. By category, the price of food, tobacco and alcohol increased by 1. 4 per cent over the same period, clothing by 1. 1 per cent, residence by 2. 3 per cent, supplies and services by 1. 6 per cent, transport and communications by 1. 2 per cent, educational culture and recreation by 2. 1 per cent, health care by 5. 5 per cent and other goods and services by 1. 1 per cent. In june, the national consumer price increased by 1. 9 per cent over the same period, an increase of 0. 1 percentage points over the previous month and a decrease of 0. 1 per cent in the ring. In the first half of the year, the price of out-of-fact industrial producers increased by 3. 9 per cent over the same year, an increase of 0. 2 percentage points over the first quarter, and the price of incoming industrial producers increased by 4. 4 per cent over the same year. In june, the price of out-of-work for national industrial producers increased by 4. 7 per cent over the same period, an increase of 0. 6 percentage points over the previous month and 0. 3 per cent over the ring; and the purchase price for national industrial producers increased by 5. 1 per cent over the same period, an increase of 0. 4 per cent over the ring。
Ix. Effective effects of transition enhancing new resources
The economic structure continues to be optimized. In terms of industrial structure, the value added of the tertiary sector grew by 1. 5 percentage points faster than that of the secondary sector in the first half of the year; the share of GDP was 54. 3 per cent, an increase of 0. 3 percentage points over the same period of the previous year and 13. 9 percentage points above that of the secondary sector. In terms of demand structure, final consumption expenditure contributed 78. 5 per cent to economic growth, up from 47. 1 percentage points of total capital formation. New industries are growing rapidly. In terms of industrial structure, the value added of strategic and emerging industrial industries increased by 8. 7 per cent in the first half of the year, or 2. 0 percentage points faster than industries above scale. New energy vehicle production grew by 88. 1 per cent, industrial robots by 23. 9 per cent, and integrated circuits by 15. 0 per cent. New consumption has flourished. In terms of the structure of trade, over the first half of the year, the national online retail volume was 40. 8 billion yuan, an increase of 30. 1 per cent over the same period. Of this amount, 31,277 million yuan was sold online, an increase of 29. 8 per cent, representing 17. 4 per cent of total retail sales of social consumer goods, an increase of 3. 6 percentage points over the same period, and 95. 33 billion yuan was sold online for non-physical goods, an increase of 30. 9 per cent. Green development is advancing steadily. In terms of energy efficiency reductions, energy consumption per unit of GDP decreased by 3. 2 per cent in the first half of the year。
Supply-side structural reforms are advanced and markets are expected to be generally positive
Structural decapitation continues to deepen. In the first half of the year, the national industrial capacity utilization rate was 76. 7 per cent, an increase of 0. 2 percentage points over the first quarter and 0. 3 percentage points over the same period of the previous year. It's a good deal to lose. At the end of june, there was a 14. 7 per cent decrease in the area to be sold in the country's commodity houses. Business leverage and costs continue to decline. At the end of may, the asset liability rate for industrial enterprises above scale was 56. 6 per cent, a decrease of 0. 6 percentage points over the same period. In january-may, the cost of operating income per cent of the main business of industrial enterprises of more than one hundred yuan was $84. 49, a decrease of $0. 31 per year. There has been a rapid increase in investment in the short-board sector. In the first half of the year, the ecological conservation and environmental governance sector and investment in agriculture increased by 35. 4 per cent and 15. 4 per cent, respectively, faster than total investment by 29. 4 and 9. 4 percentage points, respectively. The market is expected to stay on track. In june, the composite pmi output index stood at 54. 4 per cent, the manufacturing procurement manager index at 51. 5 per cent and the non-manufacturing business activity index at 55. 0 per cent, which continued to operate between expansion zones。
In general, the continuation of the national economy in the first half of the year has been generally smooth and steady, with the accumulation of favourable conditions that have underpinned the economy's progress towards high-quality development, and has provided a good basis for achieving the main economic and social development goals of the year. It is important to note, however, that uncertainty in the external environment has increased and that domestic restructuring is at a critical juncture. In order to maintain the overall thrust of the steady and medium-to-medium-forward process, to maintain a strategic focus, to maintain the supply-side structural reforms, to sustain the expansion of effective demand, to focus on revitalizing the real economy, to respond positively to external challenges, to guard against risks, to guide the stabilization of social expectations, and to integrate science in the promotion of steady growth, reform, structural adjustment, livelihood and risk prevention efforts to ensure a smooth and healthy functioning of the economy。
