Economic recovery trend continues to rise and still need to be reinforced

"In July, my country's economy continued to recover, and its operation was basically stable. However, we must also see that due to the influence of multiple factors, the economic recovery momentum slows down and the foundation of consolidating economic recovery still needs to be forces." On August 15th, national statistics, national statistics The bureau spokesman Fu Linghui said when interpreting the national economic data in July.

From this paragraph, two layers of meaning can be read. The first layer of meaning is that the fundamental fundamentals of my country's economy have not changed. The meaning of the second floor is that the current economy is still in the process of recovery, and it is still facing difficulties and challenges. Therefore, it is necessary to take multiple measures to strengthen the foundation of the economic recovery.

On the same day when the National Bureau of Statistics stated that "the foundation of consolidating the rise of the economy still needs to be strengthened", the central bank launched 400 billion yuan in mid -term borrowing convenience (MLF) operation and the 2 billion yuan open market reverse repurchase operation. 2.0%, all decreased by 10 basis points from the previous time, which is also the second time MLF interest rate has been lowered since this year. The central bank's operation is released to the market to release positive signals to alleviate the downward pressure of the economy, care for the real economy, and boost market confidence.

Although some economic data indicators in July are not as expected as market expectations, the main indicators still reflect the toughness of economic development.

Injecting new kinetic energy is to invest in steady growth. From January to July, the national fixed asset investment (excluding farmers) increased by 5.7%year -on -year. From a month -on -month perspective, in July, the national fixed asset investment (excluding farmers) increased by 0.16%.

Among them, the growth rate of infrastructure investment has accelerated for three consecutive months. From January to July, infrastructure investment increased by 7.4%year -on -year, and the growth rate accelerated for three consecutive months. In addition, the "big project" (planning total investment of 100 million yuan or above) has obvious investment in investment. From January to July, the planned total investment of 100 million yuan and above to complete investment will increase by 10.8%year -on -year, and the growth rate has accelerated for two consecutive months. The contribution rate to all investment growth is as high as 95.4%, driving the entire investment growth of 5.5 percentage points.

Consumption continues to improve economic growth momentum. In July, although the consumer market was influenced by factors such as the multi -point epidemic and the decline in sales of travel products, the growth of market sales slowed down. However, the highlight is that the sales of upgraded goods have grown rapidly, new consumption is steadily good, and contact services such as catering and other contact services continue to recover.

Data show that in July, the sales of upgrades such as gold and silver jewelry, sports entertainment products, home appliances and audiovisual equipment, cultural office supplies such as gold and silver jewelry, sports and entertainment products, and the retail sales increased by 22.1%, 10.1%, and 10.1%year -on -year, respectively. 7.1%and 11.5%, the growth rate accelerated by 14.0 percentage points, 0.4 percentage points, 3.9 percentage points and 2.6 percentage points from June.

In addition, from the perspective of economic transformation and upgrading. The development of industrial upgrading, the growth trend of new kinetic energy, and the rapid development of high -tech industries. From January to July, the added value of high -tech manufacturing industry increased by 9%year -on -year, and investment in high -tech industries increased by 20.2%.

Although my country still faces multiple risks and challenges, under a series of policies and measures, the economy is expected to recover better and run in a reasonable range.

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