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    One Quarter Of China'S Economy, You Are Most Concerned About 10 Issues!

    2020/4/21 10:42:00 0

    China'S Economy In The First Quarter

    The press office of the State Council held a press conference on the morning of April 17th to introduce the operation of the national economy in the first quarter of 2020.



    What is the economic situation in the first quarter?


    The spread of local epidemic in China has basically been blocked, and the resumption of work and production has been accelerated. The basic industries and important products related to the national economy and people's livelihood have been steadily increasing. Basic people's livelihood is better protected. , Overall situation of economic and social development is stable


    Preliminary calculation, the first quarter GDP of 206504 billion yuan, calculated at comparable prices, down 6.8% over the same period. According to the industry, the added value of the primary industry is 10186 billion yuan, a decrease of 3.2%; the second industry added value of 73638 billion yuan, a decrease of 9.6%; third industrial added value of 122680 billion yuan, a decrease of 5.2%.


    The overall prevention and control of epidemic situation and economic and social development achieved remarkable results, and the main economic indicators in March were significantly narrowed.


    What is the trend of the next stage of economic development?


    The rally is expected to continue. Judging from some related indicators,


    ●? Electricity consumption In March, the decline in electricity consumption was narrower than in February, especially at the end of 3, including the power generation of the whole society.


    ●? National Bureau of Statistics More than 50 million yuan investment in warehousing projects The first quarter was 11477, an increase of 144 over the same period last year. In March, sales of excavators increased by 11.6% over the same period last year.


    ●? Import and export situation in March It is also significantly improved than in 1-2 months. From March, the chain ratio gradually improved. From the current investigation and understanding, the situation of import and export in early April is further improved than in March.


    ●? A series of policies promulgated earlier Policy measures to help businesses tide over difficulties and to help promote resumption and resumption of production are increasingly effective.


    Next, we will also launch some more vigorous policies according to the changing situation. So we can predict that. The next stage of the economy will continue to pick up and improve.


    How to respond to IMF's forecast of China's economic growth rate of 1.2% this year?


    In recent years, according to the current international epidemic situation and the current global economic performance, the International Monetary Fund has substantially reduced global economic growth expectations. The global economy is expected to drop by 3% this year. , China's growth is 1.2% , China is one of the few countries that are expected to grow positively in the world's leading economies. 。 International Monetary Fund China's economic growth rate is expected to be 9.2% in 2021. 。 It can be understood that this year and next year if the average should be over 5%, or that the Chinese economy will bring some losses due to the impact of the epidemic, some economic activities will be suppressed and may be released better next year.


    Will the two quarter become the turning point of this year's economic growth?


    Judging from the current economic situation, March was significantly better than 1-2. , This is a basic judgement. This trend of improvement in March should be able to continue. In particular, with the resumption of work and production to speed up co-ordination, more vigorous policies will be introduced, and the two quarter will be better. The two quarter will be better than the first quarter. This is a basic trend. If the global epidemic control is better, the second half should be better than the first half. Our goal is to push ahead with stable economic operation and overall social stability throughout the year.


    How is the progress of the enterprise recovery?


    With the promotion of resumption of work and production, Enterprises may still face difficulties in increasing logistics costs and reducing orders. 。 Objectively speaking, the resumption of the resumption of production is relatively smooth now, and the scale of enterprises returning to work above the scale is nearly 100%. At the same time, the level of SME recovery is better than imagined, and in general is more than 80%. So, The progress of resumption and resumption of production is generally better.


    What are the effects of consumer coupons?


    Some countries and regions have launched these policies. Some local governments in our country have tried out some of these policies. From Zhejiang, Jiangsu and other places, after launching the consumer voucher policy, they are right. Expand local consumption , Promoting market activity Still played a better role.


    Why did consumer price inflation fall?


    Consumer price inflation (CPI) rose in March. CPI ring ratio rose from 0.8% last month to 1.2%, while CPI rose 4.3% in the same month, down 0.9 percentage points from last month. The main reason for the fall in consumer prices is Food prices rise or fall In particular, the price of pork, including pork, fell and prices fell year-on-year. It shows that food supply is relatively abundant and social logistics is relatively smooth.


    What is the employment situation?


    The employment situation is generally stable. In March, the unemployment rate in the national survey decreased by 0.3 percentage points from last month. The unemployment rate of the 25-59 main employment groups decreased by 0.2 percentage points from last month. But employment pressure is still relatively large. Especially in the next stage, with the downward pressure on the economy, especially the reduction of orders, the demand is not too strong. The employment pressure of key groups including rural migrant workers and college students will be relatively large.


    In view of this situation, this year the state has been promoting the policy of giving priority to employment, and has constantly intensified its implementation. On the one hand, we should do everything possible to help enterprises tide over difficulties, stabilize their jobs through stable enterprises and stabilize the economy. On the other hand, we should increase assistance to key groups, such as increasing employment training for migrant workers and helping them return home to start their own businesses. Next, we should continue to flexibly promote employment and entrepreneurial innovation.


    In general, efforts should be made to promote employment more smoothly. The employment situation in March is clearly recovering and improving, and this trend should continue in April.


    Is the agricultural production situation optimistic?


    The situation of agricultural production is good. Judging from the current situation, spring planting and spring sowing in an orderly manner were not affected by the epidemic. Winter wheat, which accounts for more than 90% of summer grain, is in good shape. The current agricultural production conditions and agricultural production situation are generally favorable, which has created favorable conditions for grain harvest throughout the whole year. Over the past five years, grain output has been above 1 trillion and 300 billion jin, and grain production has reached a record high in 2019. Stocks are still plentiful. 。 Judging from the supply and demand situation of grain, the impact of the epidemic was so great in the first quarter, and the price of grain remained stable. There were no major fluctuations in the prices of some key epidemic areas, including Wuhan. From the perspective of animal husbandry, livestock production, especially pig production, is accelerating. From the end of the first quarter, pig farms increased by 3.5% over the previous year, of which 9.8% of the sows were able to reproduce, which is the two consecutive quarter of growth. There is nothing wrong with sticking the rice bowl firmly in your own hands.


    What is the biggest difficulty of economic growth?


    From the domestic perspective , Efforts should be made to help enterprises now. The market players, including small and medium-sized enterprises, should strengthen their precise support to help them tide over the difficulties and give support to taxation, cost, cost and financial support. It is possible for enterprises to stabilize their jobs and stabilize the economy before they can stabilize their jobs. Only then can they stabilize the economic market and ensure the smooth operation of the economy.


    From a global perspective The more difficult it is, the more countries around the world must strengthen cooperation, especially international cooperation in the field of epidemic prevention and control. Only when the epidemic is controlled, can we resume work and re production, including production and living order, to better and faster follow the normal track, and the world economy is more likely to enter the normal state.

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