National Development and Reform Commission: annual GDP growth target will be successfully realized

Economy economic growth science and technology private enterprises

beijingshangbao· 2017-10-22 10:13:42

The effectiveness of

" economic reforms continue to release, in China this year for the three consecutive quarter of the economy has maintained rapid growth for the completion of the annual development goals of confidence. In the afternoon of October 21st, the nineteen major news centers held fourth press conferences, with the theme of "promoting the stable, healthy and sustainable development of China's economy."". At the meeting, party secretary, director of the national development and Reform Commission He Lifeng released China's confidence on economic growth this year, he said the situation, since this year, the economy steady progress, steady positive trend is expected to continue to consolidate, expected growth target of about 6.5% of the year will be realized, and can get better results, at the end of this year in China the economy will be more than 80 trillion yuan.


within a month, the central bank and the national development and Reform Commission repeatedly expressed confidence in the completion of the annual economic growth of the expected goal, which is rarely seen in the past.

under the background of the difficult recovery of the global economy, China's economy has increased by an average of 7.2% over the past 4 years, and the total economic output has steadily increased from 54 trillion yuan in 2012 to 74 trillion yuan last year. In recent years, China's economy has maintained rapid growth, among the major countries in the world, Chinese economy accounted for about 15% of the total global economy, but the annual contribution to global economic growth rate of more than 30%, ranking first in the world. "He Lifeng said.

and specific to this year, He Lifeng used a number of "stability" word to describe the development of China's economy. He said, according to the current development momentum is expected this year, Chinese economy will be more than 80 trillion yuan, an increase of five years 20 trillion yuan, an average annual increase of 4 trillion -5 trillion yuan, this year is likely to increase more than 6 trillion yuan, equivalent to the total economy a year of a medium-sized developed country, there are about 800 billion -9000 billion dollars, "it is not easy, although the rate of economic growth by the rapid growth of a smooth transition to the high growth, but the absolute amount of annual economic growth than the previous year, with great development. "

is worth noting that, compared to the overall economic growth to achieve gratifying situation, in the latest data released by the national development and Reform Commission, China's investment growth is slightly weak. In response, the deputy director of the national development and Reform Commission Zhang Yong responded: "China's fixed asset investment in general remain in a reasonable range, private investment also maintained a stable, sustained growth.". "

Zhang Yong, data show that 1-9 months of this year, the scale of investment in fixed assets in China was 45 trillion and 850 billion yuan, an increase of 7.5%, 0.3 percentage points lower than the previous 8 months, but the decline narrowed by 0.2 percentage points, of which, infrastructure investment is still growing in a stable, high, and real estate it is in a relatively stable state of growth.

"objectively speaking, China has carried out large-scale construction for more than 30 years, and the infrastructure construction of industry, material base and equipment has been greatly improved and perfected. Therefore, the future will enter a relatively high growth period. At the same time, China's investment structure has been better improved, especially the high-tech industry has been rapid development. "Zhang Yong said.

for private investment, Zhang Yong analysis said that China's private investment, especially the reform and opening up these years has been rapid growth, in the entire national economy has played an important role. In the past five years, private investment accounted for more than 60% of the total investment in fixed assets in the whole society, reaching 65.4% at the highest level and falling back in the 1-9 month of this year, keeping it at 60.5% level. "The private economy to accommodate 80% jobs, providing 60% GDP, 50% of the tax, at the same time, China's overseas investment of 70% from the investment of private enterprises, it should be said that the private enterprises have become a very important part of the whole national economy. "Zhang Yong said, private enterprises, especially private investment has slowed, there is a certain relationship and the whole society investment slowdown, but also has some characteristics, because the private investment is concentrated mainly in the field of manufacturing industry and real estate industry. The two industries are indeed relatively weak at this stage, manufacturing involves transformation and upgrading, real estate related to inventory, with its objectivity.

however, Zhang Yong also said, in general, the 1-9 months of this year, China's private investment growth is 6%, compared with last year, increased by 3.5 percentage points, has been in a stable development trend.

structure adjustment release bonus

optimistic statement behind, is the economic restructuring, a number of data to the good emboldened. He Lifeng said that since 2012, Chinese economy has maintained steady progress, steady for the good development trend, especially in several aspects. In addition to economic indicators steady, prices also remained stable in recent years, CPI growth remained at around 2%, the price of agricultural and sideline products is very stable; employment stability, in recent years the average annual increase of 13 million jobs out of poverty; steady, China's annual implementation of more than 1000 people out of poverty, poverty incidence at the end of this year will drop to below 4%.

he Lifeng further explained that in five years the economy of our country continuously adjust and optimize the structure, realizes the demand structure of consumption over investment and industrial structure three produced more than two, support the role of final consumption and service industry to further enhance economic development. "In the first three quarters of this year, the contribution rate of consumption to economic growth was 64.5%, and the service sector accounted for 52.9%," He Lifeng said. At the same time, the old and new economy of the real economy was orderly

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