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Shushuo Economy: Multiple data maintain positive trend, foreign trade exports improve in quality and stabilize in quantity

Have already visited: 9607/17/2024  

In terms of industries, the added value of the primary industry reached 3.066 trillion yuan, a year-on-year increase of 3.5%; The added value of the secondary industry was 2.3653 trillion yuan, an increase of 5.8%; The added value of the tertiary industry was 34964.6 billion yuan, an increase of 4.6%. By quarter, the gross domestic product (GDP) grew by 5.3% year-on-year in the first quarter and 4.7% in the second quarter. From a month on month perspective, the gross domestic product (GDP) grew by 0.7% in the second quarter.

The growth of new quality productivity is accelerating. In the first half of the year, the added value of industries above designated size in China increased by 6.0% year-on-year, and the added value of high-tech manufacturing industries above designated size increased by 8.7% year-on-year. The added value of modern service industries represented by information transmission, software, and information technology services maintained double-digit growth.

Consumer demand is showing a steady upward trend with sustained recovery. In the first half of the year, the total retail sales of consumer goods reached 2.3596 trillion yuan, a year-on-year increase of 3.7%. New and green consumption grew rapidly, while service consumption remained active.

In the first half of the year, the national fixed assets investment was 24539.1 billion yuan, up 3.9% year on year, and the investment in high-tech industries grew rapidly; The total import and export volume of goods increased by 6.1% year-on-year, and the trade structure continued to optimize.

National Bureau of Statistics: China's import and export scale steadily expanded in the first half of this year

The reporter learned from the National Bureau of Statistics that since the beginning of this year, against the backdrop of weak global economic growth momentum, external uncertainty, and increasing instability factors, China's foreign trade exports have steadily improved in quality and quantity, and the import scale has steadily expanded, making positive contributions to economic growth.

In the first half of this year, the export value of products such as automobiles, ships, and integrated circuits increased by 22.2%, 91.1%, and 25.6% year-on-year, respectively; The import and export volume of private enterprises increased by 11.2%, accounting for 55% of the total import and export volume, and the main force of foreign trade continued to develop and grow.

In the first half of the year, the contribution rate of net exports of goods and services to economic growth was 13.9%. China has actively expanded the "circle of friends" of world economic and trade cooperation. In the first half of the year, the total import and export volume of countries jointly building the "the Belt and Road" increased by 7.2% year on year; The cumulative operation volume of China Europe freight trains exceeded 10000 trains 19 days earlier than the previous year, and the cumulative amount of goods sent increased by 11%. At the same time, the scope of visa free countries in China continued to expand in the first half of this year, and the popularity of foreigners coming to China for business, tourism, and visiting relatives and friends has increased, leading to closer exchanges between Chinese and foreign personnel.

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In the first half of the year, there were over 14 million foreign visitors entering various ports across the country, with the number of foreign visitors entering through visa free entry nearly doubling year-on-year.

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Wang Liwei, Associate Researcher at the Institute of Economics at the Chinese Academy of Macroeconomics, stated that the potential for opening up is accelerating and the vitality of opening up is constantly increasing. In the first half of the year, China's import and export of goods exceeded 21 trillion yuan for the first time in history, and the growth rate of imports and exports showed a gradually accelerating trend. The continuous optimization of foreign trade structure demonstrates the resilience and vitality of China's foreign trade.

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