At 10 am on the 22nd, the National Bureau of Statistics released economic data for the third quarter. In the critical period when China's economy is stabilizing and recovering, the economic data in the third quarter is particularly attractive. The data shows that GDP growth in the third quarter was 8.9%, slightly lower than the expectation of a 9% increase in market GDP.
The data shows that the GDP in the first three quarters was 21.78 trillion yuan, a year-on-year increase of 7.7%. In the quarter, the first quarter increased by 6.1%, the second quarter increased by 7.9%, and the third quarter GDP increased by 8.9%.
Li Xiaochao, spokesperson of the Statistics Bureau and director of the National Statistics Department, said: "We can be sure that the goal of achieving 8% for the whole year is sure, and there is no suspense."
In the first three quarters, China's CPI fell by 1.1% year-on-year. Among them, September rose by 0.4%. In the first three quarters, China's PPI fell by 6.5% year-on-year, of which the PPI rose by 0.6% in September.
In the first three quarters, China's total fixed asset investment increased by 33.4% year-on-year, 6.4 percentage points higher than the same period last year.
In the first three quarters, the total retail sales of consumer goods in China increased by 15.1% year-on-year. After deducting the price factor, it increased by 17.0% year-on-year.
In the first three quarters, China's above-scale industries increased by 8.7% year-on-year, with a year-on-year increase of 12.4% in the third quarter.
The speed of China's economic recovery seems to be beyond the expectations of many foreign investment banks. Since the signs of recovery in the Chinese economy in the second quarter, they have begun to raise their expectations for China's economic growth.
In the first report of late September, Sun Mingchun, chief economist of Nomura Securities, raised his expectations for China's economic growth again. He raised his real GDP growth forecast for 2009 from 8.1% to 8.5%, including GDP for the second half of this year. The increase can reach 9.3%, and the 2010 forecast is raised from 10.0% to 10.5%.
Foreign investment banks and institutions that raise their expectations for China's economy include: Asian Development Bank, Morgan Stanley, International Monetary Fund (IMF), Goldman Sachs, UBS, HSBC, Royal Bank of Scotland, etc., although only from existing According to macroeconomic data, there are still many uncertainties in China's economic operation, but economists in foreign investment banks are still full of confidence in the future direction of the Chinese economy.
The data shows that the GDP in the first three quarters was 21.78 trillion yuan, a year-on-year increase of 7.7%. In the quarter, the first quarter increased by 6.1%, the second quarter increased by 7.9%, and the third quarter GDP increased by 8.9%.
Li Xiaochao, spokesperson of the Statistics Bureau and director of the National Statistics Department, said: "We can be sure that the goal of achieving 8% for the whole year is sure, and there is no suspense."
In the first three quarters, China's CPI fell by 1.1% year-on-year. Among them, September rose by 0.4%. In the first three quarters, China's PPI fell by 6.5% year-on-year, of which the PPI rose by 0.6% in September.
In the first three quarters, China's total fixed asset investment increased by 33.4% year-on-year, 6.4 percentage points higher than the same period last year.
In the first three quarters, the total retail sales of consumer goods in China increased by 15.1% year-on-year. After deducting the price factor, it increased by 17.0% year-on-year.
In the first three quarters, China's above-scale industries increased by 8.7% year-on-year, with a year-on-year increase of 12.4% in the third quarter.
The speed of China's economic recovery seems to be beyond the expectations of many foreign investment banks. Since the signs of recovery in the Chinese economy in the second quarter, they have begun to raise their expectations for China's economic growth.
In the first report of late September, Sun Mingchun, chief economist of Nomura Securities, raised his expectations for China's economic growth again. He raised his real GDP growth forecast for 2009 from 8.1% to 8.5%, including GDP for the second half of this year. The increase can reach 9.3%, and the 2010 forecast is raised from 10.0% to 10.5%.
Foreign investment banks and institutions that raise their expectations for China's economy include: Asian Development Bank, Morgan Stanley, International Monetary Fund (IMF), Goldman Sachs, UBS, HSBC, Royal Bank of Scotland, etc., although only from existing According to macroeconomic data, there are still many uncertainties in China's economic operation, but economists in foreign investment banks are still full of confidence in the future direction of the Chinese economy.
Steel Cross,Stainless Steel Cross,Corbon Steel Cross,Pipe Fitting Cross
Cangzhou Youlong Pipe Fitting Manufacturing Co., LTD , https://www.youlongpipe.com