The Future Growth Trend Of China'S Economy Is Still Optimistic.

The difficulties faced by China in 2008 did not change the fundamentals of China's economic development. China's economy is developing towards the direction of macro regulation and control. Fiscal revenue and corporate profits have maintained a relatively fast growth, and the quality and efficiency of development have been further improved.

　　經濟高速發展　運行質量進一步提高

Under the condition of weak global economy and complex internal and external environment, China's economy has maintained a 10.4% growth in the first half of this year, and continues to be the main driving force for world economic growth.

Experts pointed out that, compared with the high growth rate of 11% to 12% last year, the decline of China's economic growth means that the risk of overheated China's economy has been partly released, and China's economy has entered a reasonable growth interval.

At the same time, the quality of China's economic development has been further improved, financial revenue has continued to achieve high growth, and the profits of industrial enterprises and the income of urban and rural residents have maintained a relatively rapid growth.

According to the latest data from the Ministry of finance, the national fiscal revenue reached 4 trillion and 470 billion yuan from 1 to August this year, an increase of 28.4% over the same period last year.

The growth of fiscal revenue is mainly due to the steady and rapid operation of our economy, and also the conditions for giving full play to the role of fiscal policy in macroeconomic regulation and control.

Statistics show that the major economic indicators, such as the industrial added value, the total retail sales of social consumer goods, the profits of enterprises, the total import and export volume and so on, which have a relatively large correlation with fiscal revenue, have increased rapidly, which is the economic foundation for increasing fiscal revenue, thus driving the rapid growth of value-added tax, corporate income tax and import link tax.

Economic growth is the foundation of financial revenue.

In recent years, the development of various industries in China has been developing rapidly. A large number of fixed assets investment has begun to form capacity, coupled with timely adjustment of the economic structure, has laid a good foundation for China's fiscal revenue to enter the "harvest period".

The growth of fiscal revenue has provided a larger space for fiscal policy to further tilt towards the people's livelihood and strengthened support for education, social security and other fields. At the same time, it also effectively protected the needs of disaster relief, post disaster reconstruction and key expenditures.

With the rapid growth of fiscal revenue, another highlight of China's national economy is the summer harvest of grain and oil, and the harvest of autumn grain is in sight.

China's summer grain output reached 120 million 410 thousand tons this year, an increase of 3 million 40 thousand tons over the previous year, an increase of 2.6%.

This is in the case of rising agricultural prices and frequent natural disasters, China's summer grain production has been increasing for fifth consecutive years.

　　經濟結構更加優化　 發展更趨平衡

Since the beginning of this year, China's economy has maintained a steady and fast growth trend, but there have also been some new difficulties and challenges. In particular, the global financial market turbulence caused by the subprime mortgage crisis, the slowdown of world economic growth and the contraction of external demand have caused a great impact on some export-oriented export enterprises in China.

It is noteworthy that in the face of the pressure of development, more and more enterprises are trying to overcome the difficulties of weakening external demand and increasing costs by adjusting the industrial structure and speeding up the pformation of traditional industries.

Data show that China's trade structure is experiencing positive changes. In the first 8 months of this year, China's cumulative trade surplus was 151 billion 990 million US dollars, down 6.2% from the same period last year.

The export growth of traditional commodities such as textiles, clothing, footwear and so on showed signs of slowing down, but the export of electromechanical products and high-tech products increased well, and exports increased by 24.7% and 21.3% from 1 to August.

From 1 to July, China's high-tech manufacturing industry grew by 17.5%, an acceleration of 0.4 percentage points over the same period last year, 1.4 percentage points higher than that of industrial growth above all scale.

In terms of comparable prices, the proportion of high-tech manufacturing industry in all above scale industries was 10%, up 0.1 percentage points from the same period last year.

At the same time, the growth rate of the production of "two high one capital" products has dropped, and it also shows the positive effects of the adjustment and upgrading of the industrial structure.

From 1 to July, the production of six high energy consuming industries in China increased by 14.4%, and the growth rate dropped 5.3 percentage points year-on-year, 1.7 percentage points lower than that of industrial growth above all scale.

According to the comparable price, the proportion of the high energy consuming industry accounts for 32.3% of all scale industries, down 0.5 percentage points from the same period.

The head of the Ministry of Finance said that since the beginning of this year, the Ministry of finance has promulgated a series of policies and measures to continue to support enterprises in enhancing their capability of independent innovation and promoting the upgrading of electromechanical and high-tech industries and structural adjustment.

At the same time, we should actively guide SMEs to pform their growth pattern.

This year, the size of the central government's funds to support the development of SMEs will reach 3 billion 500 million yuan, an increase of 20.3% over the previous year.

　　經濟效益繼續提升　未來增長依舊看好

This year, influenced by market factors at home and abroad, the pressure of rising raw materials, energy and human resources has brought challenges to China's industrial and enterprise production.

Nevertheless, from 1 to August this year, China's Industrial Enterprises above Designated Size still realized a profit of 18685 billion yuan, an increase of 19.4% over the same period last year, an increase of 12.8% in terms of industrial added value, an increase of 21.9% in total retail sales of social consumer goods, and an increase of 25.7% in imports and exports.

According to the Ministry of finance data, in the first 7 months of this year, the state owned enterprises achieved a total operating income of 12 trillion and 200 billion yuan, an increase of 27.1% over the same period last year, and realized a profit of 873 billion 690 million yuan, an increase of 1.5% over the same period last year.

Among them, the central enterprises realized a total profit of 609 billion 50 million yuan, down 5.6% compared to the same period last year, and the total profit of local state-owned enterprises was 264 billion 630 million yuan, up 22.7% over the same period last year.

Li Rongrong, director of the SASAC, said that since the beginning of this year, the central enterprises have been calm in dealing with all kinds of complicated situations, and have fully promoted the work of production and operation. The overall development quality has been upgraded, and the business revenue growth has accelerated, and the revenue growth is better than expected.

In view of the grim situation of rising energy raw materials and rising labor costs, central enterprises have intensified management, reduced expenditure and striving to reduce costs and increase efficiency.

However, faced with achievements, analysts pointed out that the current and future economic situation is not optimistic.

Looking from the outside, the international economic environment is more complex, the financial turbulence is aggravating and the economy decelerated obviously. Internally, the pressure of domestic price rise is still very large, the agricultural foundation is still very weak, some industries and enterprises have difficulty in production and operation, and there are many hidden dangers in the financial field.

In response, Premier Wen Jiabao said at the Tianjin summer Davos forum in 2008 that there are many favorable conditions for maintaining sustained and rapid growth of China's economy.

China is in the stage of accelerated development of industrialization and urbanization, and the potential for economic growth is great.

For a long time to come, China's development is still in an important period of strategic opportunities.

Schwab, chairman of the world economic forum, believes that China's rapid economic growth has played a crucial role in the current world economic environment.

"Even if the world economy is slowing down, China's economic growth is still fast.

China will become the leading force of global economic growth in the future.