China Economic Semi Annual Report: Second Industry Growth Rate Is Higher Than Third Industry

The first point is: the growth rate of the second production is higher than that of the three production, especially the heavy industry, which shows that the task of adjusting the structure is still very arduous.

In the first half of this year, GDP grew by 11.1%, of which the first industry grew by 3.6%, the second industry grew by 13.2%, and the third industry grew by 9.6%.

In the GDP of 172840 billion yuan, the added value of the second industry reached 85830 billion yuan, a ratio of 49.66%, third industries (42.6%) and 7 points.

We always say we need to improve.

In the second industry, heavy industry growth is higher.

Second major points: the growth of financial and corporate profits is still far higher than the growth of residents' income, and it has become a top priority to accelerate the reform of income distribution.

In the three party relationship of income distribution, the total fiscal revenue in the first half of the year was 4 trillion and 334 billion 979 million yuan, an increase of 27.6%; in 1-5 months, the profits of Industrial Enterprises above Designated Size reached 15397 billion yuan, an increase of 81.6%; the per capita disposable income of urban residents increased by 10.2% (the actual growth rate of 7.5% was deducted from price factors), and the per capita cash income of rural residents increased by 12.6% (with a real increase of 9.5% after deducting the price factor).

Obviously, residents' income growth is relatively slow.

According to the statistics released by the Census Bureau, the per capita disposable income of urban residents is 9757 yuan, and the number of urban population (by the end of 2009, the same below) is over 6.2 million, plus the average cash income per capita of rural residents is 3078 yuan, which is more than 7.1 billion rural people.

In the meantime, the fiscal revenue reached 4 trillion and 334 billion 979 million yuan in the same period, and the profits of enterprises (only industrial or 1-5 months) amounted to 15397 billion yuan. The gap between ordinary people's income and the government and enterprises was hard to express in words. This is also the fundamental reason why consumption has always been difficult to become the first engine of economic growth.

Third big point: in the income structure of residents, property income has become the fastest growing pole, puzzling.

Statistics show that in urban households' per capita gross income, wage income has increased by 9.7%, pfer income has increased by 13.2%, operating net income has increased by 8.6%, property income has increased by 20.7%, and property income has increased the fastest.

Similarly, in the rural household's cash income, wage income increased by 18%, household operating income increased by 8%, property income increased by 21.3%, and pfer income increased by 18.6%.

For our Chinese, property income mainly comes from the stock market and the real estate market, and mainly the stock market.

This year, China's stock market has the worst performance in the world, and ten of the stock market has made nine losses. Taking the index, the Shanghai Composite Index fell by 18% at the end of June last year at 2929 at the end of June this year. The Shenzhen component index was 11516 at the end of June last year, and 9386 at the end of June this year. It dropped by 18.5%. When the index fell by nearly 2, how could property income increase by more than 2? Although the price of property has soared in recent years, the investment property is still a minority among the residents, and up to now, the relevant departments do not have accurate data.

The only explanation is that since June last year, 300-400 new high priced new shares have been issued, creating thousands of billionaires and tens of millions of millionaires. It is just a few people who get rich overnight. The property income of hundreds of millions of investors who lose money is miraculously "increased" by more than 2.

Property income has increased by more than 2. Is it laying the groundwork for the upcoming property tax and property tax?