China's Macroeconomic Regulation And Control Is Effective &Nbsp, And The Economy Is Running Well.

Autumn is the harvest season, our country.

Through the good operation of the first three quarters of this year, as of now, China's national economy is in good shape, and the growth rate of industrial production has stabilized. The "three carriages" have performed well, especially in China.

Reasonable deceleration of economic operation

China's GDP grew by 11.9% in the first quarter, and GDP grew by 10.3% in the two quarter.

The GDP growth rate of two figures shows that China's economy is running well and has maintained a relatively high growth rate.

Although data for the three quarter have not yet been released, most of the experts are expected to maintain an increase of around 9.5%.

Under the background of macroeconomic regulation and control, China's economy is slowing down, but the latest data in August show that China's economic downturn has stabilized.

Experts generally expect GDP to grow at around 10% in the whole year.

As a pillar industry, the fluctuation of China's industrial production largely affects the operation of the economy.

Due to the impact of the international financial crisis, China's industrial production showed a "low front high" feature last year. Under the influence of this factor, China's industry has maintained a relatively high growth rate in the early stage of this year, and then it has continued to fall. The first rebound in August has attracted the intense attention of the market, which means that the trend of industrial production in China has stabilized.

Xin Guobin, director of the Ministry of industry's operation and Coordination Bureau, said recently that it was "low before and high after last year".

In the second half of this year, industrial growth will drop to a certain extent. It is expected to drop to around 10% in the second half of the year, and still reach about 13% a year.

In the "three carriages" of boosting economic growth, consumption has shown fairly good performance this year, which has basically continued the good momentum of last year, and the sustained and vigorous automobile market has played an important role in promoting it.

In August, the latest economic data showed that consumption has rebounded after a slight decline in several months, and the driving force of consumption will become the main driving force for China's economic growth this year.

Investment in the "carriage" slowed down this year.

In response to the international financial crisis in the same period last year, China implemented a package of stimulating economic plans, investing in the "carriage" to move forward rapidly, maintaining an increase of around 30%.

With this year's macroeconomic regulation and control targets more focused on economic restructuring and the pformation of the mode of economic development, China's investment growth has continued to fall, but it still maintains a growth rate of around 20%.

Data show that in August urban fixed asset investment growth rate dropped by only 0.1 percentage points.

China's import and export has maintained a good operation since it went out of the shadow of the international financial crisis earlier. Since the second half of this year, although there has been a certain decline, but from the data in August, the operation momentum is still good, exceeding the expectation that the import and export growth in the future will be affected by the impact of the European debt crisis.

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Structural adjustment has taken great strides forward. Since this year, China has continued to implement the package of measures to tackle the international financial crisis, and has continued to implement the proactive fiscal policy and moderately loose monetary policy. While maintaining steady and fast growth of our economy, China has intensified its efforts to pform the pattern of economic development and structural adjustment.

In terms of the drop in investment growth, China has strictly controlled new projects since the beginning of this year. At the same time, it has stepped up efforts to clean up local financing platforms. In order to curb the excessive growth of housing prices in some cities, China has been called the "most stringent" new macro regulation of real estate by the industry, and has also increased the intensity of overcapacity regulation. Many initiatives have inhibited investment growth, and the growth rate of investment in the future will continue to moderate.

However, we also see that, driven by the warming of private investment and the development of the western region, the growth rate of investment is only normal and will not fall sharply.

On the other hand, in order to optimize the industrial structure, handle the relationship between development and environment, and promote China's economy on the road of sustainable development, China has intensified its efforts to eliminate backward production capacity this year.

In August 8th, a list of "eliminating backward production capacity enterprises" on the website of Ministry of industry informatization has pushed the work of eliminating backward production capacity to a new climax.

A number of listed companies and related companies, some large state-owned enterprises have also been included in the project, which fully shows that the ability to eliminate backward production is unprecedented, and promote the pace of industrial restructuring in China.

The price of CPI has been rising steadily since the beginning of this year. The volatility of the CPI has always been the focus of attention of all parties. Especially in recent months, the CPI increase has exceeded 3% times, which makes people worry about whether the CPI increase will be controlled around this year.

However, judging from the trend of CPI from the beginning of this year, most of the experts expect the CPI increase to be near the high point. The moderate rise is still the basic characteristic of the whole year's prices. Most experts say that in the coming months, after the CPI reaches a high point, it will come down. The trend of CPI will appear to be inverted U in the whole year, and the target of controlling CPI will be around 3%.

According to the data in August, another important price index PPI has continued to fall from its high level and has dropped to 4.5%.

In the past 8 months, PPI has given us a inverted U font.

Because PPI needs a time lag to pmit to CPI, from this factor, the current CPI can be said to have been "the end of the battle".

Judging from the rise in CPI in recent months, the rise in agricultural prices is an important factor in driving up CPI. Besides, the impact of bad weather on food prices is also an important feature of price rise this year. With the passing of seasons, some seasonal factors will weaken, and its driving effect on price rise will also decrease.

Although the rise of CPI in the next few months is not ruled out, the pressure of rising prices is not great throughout the year.

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