日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Policies

Economic indicators for first half released

chinadaily.com.cn | Updated: 2017-07-18 13:29
Share
Share - WeChat

Photo taken on March 26, 2017 shows a glass production line of an enterprise in Shahe city, North China's Hebei province.[Photo/Xinhua]

China released a string of economic indicators for the first half of the year on Monday. Data showed China's economy expanded at a faster-than-expected 6.9 percent year-on-year in the first six months of 2017. Indicators related to people's livelihoods, such as jobs, income and CPI were also bright spots. Particularly, the growth of resident income exceeded GDP growth. Experts predicted that China's economy is set to remain stable during the second half of 2017.

Better-than-expected GDP data

China's gross domestic product rose 6.9 percent year-on-year to about 38.15 trillion yuan ($5.6 trillion) in the first half of 2017, data from the National Bureau of Statistics showed.

In the second quarter, China's GDP held steady, posting a rise of 6.9 percent year-on-year, flat from the first quarter and slightly higher than the previous market consensus of 6.8 percent.

Zhao Xijun, deputy dean of the School of Finance at Renmin University, attributed the strong GDP data to steady or increase of some key indicators such as consumption, imports and exports, private investment against the backdrop of supply-side structural reform and demand recovery at home and abroad.

China's retail sales of consumer goods grew 10.4 percent year-on-year in the first half of the year to 17.24 trillion yuan. This pace was slightly faster than the 10 percent for the first quarter, the National Bureau of Statistics said.

Exports in yuan-denominated terms rose 15 percent year-on-year in the first half of this year while imports increased 25.7 percent, customs data showed.

Fixed-asset investment grew 8.6 percent year-on-year in the first half, while private sector investment rose 7.2 percent to 17.02 trillion yuan, accounting for 60.7 percent of the total, according to the National Bureau of Statistics.

Resident income growth exceeds GDP growth

China's average per capita disposable income grew 8.8 percent year-on-year to 12,932 yuan in the first six months of the year, data from the National Bureau of Statistics showed. Deducting inflation, the growth was 7.3 percent, exceeding the country's GDP growth of 6.9 percent from January to June.

Strong income growth and lifestyle changes in previous years have helped boost China's consumer spending amid the government's efforts to shift the economy toward a growth model that draws strength from consumption, the service sector and innovation.

Xu Hongcai, an economist with the China Center for International Economic Exchanges, told China News Service website that the stable job market laid a solid foundation for income growth. Meanwhile, the government encouraged mass entrepreneurship and innovation, motivating new engines for economic growth.

Completing two-thirds of annual job goal

The crucial job market remained stable, with 7.35 million jobs created in urban areas in the first half of this year, 180,000 more than last year, according to the National Bureau of Statistics. That means China has already fulfilled 66.8 percent of its official goal of creating 11 million new jobs this year.

Meanwhile, both the national urban surveyed unemployment rate and the surveyed unemployment rate in 31 major Chinese cities stayed below 5 percent in June.

The government's promotion of mass entrepreneurship and innovation, an expanding service sector and the upgrade of the manufacturing sector offered strong support for employment, Zhao said.

Consumer inflation holds steady

China's consumer price index (CPI), a main gauge of inflation, rose 1.4 percent on average in the first half of the year. Excluding volatile food and energy prices, the core CPI increased 2.1 percent year-on-year.

Steady price data, well under the government's target of 3 percent, reinforced views on stabilization in the world's second-largest economy.

The monetary factor has a stable effect on prices as the central bank continues with prudent and neutral policies, Zhao said. Meanwhile, as market supply and demand remained stable and imported inflation factors lessen, Zhao said CPI may still remain low in the second half of the year.

Xinhua contributed to this story.  
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 日韩亚洲欧美一区 | 日韩欧美一区二区三区 | 四虎黄色网址 | 草久在线视频 | 日韩免费精品一级毛片 | 韩国资源视频一区二区三区 | 毛片毛片毛片毛片毛片毛片 | 夜夜操天天射 | 国产免费播放一区二区 | 哪里可以看免费的av | 亚洲欧美日韩中文字幕在线不卡 | 成人看片| 欧洲成人综合网 | 男女视频在线免费观看 | 国产精品久久久久久吹潮 | 成人国产精品齐天大性 | 日本一二三区视频 | 很黄很色又爽很黄很色又爽 | 特黄特色大片免费视频观看 | 三极片在线观看 | 色欧美片视频在线观看 | 色噜噜狠狠狠狠色综合久 | 激情av免费看 | 大ji巴好好爽好深网站 | 日韩久久一区二区三区 | 久久久久久www | 在线精品自拍亚洲第一区 | www.国产视频 | 精品成人免费一区二区在线播放 | 成在线人免费视频一区二区三区 | 亚洲精品一区henhen色 | 欧美不卡| 精品国产免费久久久久久 | 成人午夜免费视频毛片 | 色婷婷亚洲五月色综合色 | 奇米网久久| 精品视频一区二区三区四区 | 国产传媒网址 | 天堂网果冻传媒 | 国产一区二区三区四 | 亚洲综合一二三区 |