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CCB News, Beijing, December 18 (Reporter Du Ximeng, Ling Shu, Li Jia) According to the “National News Network” report of China Voice of China Central Radio and Television, General Secretary Xi Jinping pointed out that to prevent and resolve various risks hidden and actively respond to external risks. The key to the impact and challenges caused by environmental changes lies in managing one’s own affairs well, improving the quality of development, improving international competitiveness, increasing the country’s overall solidity and resistance to risks, effectively maintaining security. and achieve economic stability and long-term social harmony and stability. Since the beginning of this year, the Central Committee of the Party, with Comrade Xi Jinping at the center, has taken charge of the general situation, united and led hundreds of millions of people to fight the epidemic, protect the media from people’s lives and promote development. In the first 11 months, China’s economy weathered the impact of the new corona pneumonia epidemic and many indicators rose to the best of the year. The recovery of various industries has accelerated, showing strong resilience and great potential.
In the digital workshop of a new energy aluminum auto parts manufacturer in Ningbo, Zhejiang, there are several production lines running at full capacity. The company’s CFO Lu Jianbo said that despite the impact of the epidemic on the global industrial chain, its performance has grown against trend, with a net profit of more than 230 million yuan in the first three quarters. He said, “Our sales and profit this year are very good, with sales increasing 40% and profit 70% year-on-year.”
These products going overseas from Ningbo Zhoushan port are a dazzling element in China’s economic indicators.
In November, the country’s total import and export volume increased 7.8% year-on-year, and the growth rate was 3.2 percentage points faster than that of October. In the first 11 months, the total value of China’s goods imports and exports exceeded 29 trillion yuan, an increase of 1.8% year-on-year, which has been continuous positive growth maintained for 6 months.
At the same time, in November, total retail sales of consumer goods reached 3.951.4 billion yuan, an increase of 5.0% year-on-year, and the growth rate was 0.7 percentage points higher than that of October. .Market sales have been growing positively for four consecutive months; Investment in assets (excluding rural households) increased 2.6% year-on-year in 2019, an acceleration of 0.8 percentage points from January to October; Investment in the high-tech manufacturing and high-tech services industries increased 12.8% and 10.0%, respectively.
In the last month of 2020, investment data continues to rise. On the morning of December 15, the Wuhan Industrial Port project was officially launched, which plans to introduce a host of cutting-edge technologies such as 5G, big data, and the Internet of Things. Chen Qiao, general manager of Wuhan Iron and Steel Group Logistics Co., Ltd., said that this smart port area based on the golden Yangtze River waterway will be completed in five years and transformed into a “cloud” in the future. “Utilizing the qualifications of the Wuhan Industrial Port as a national open port, connecting the domestic and international areas, and radiating to Central China, where iron, water and air are collected, the Wuhan Industrial Port will build a 100 million ton park from current throughput of 60 million tonnes. “
In the first three quarters, China’s GDP grew from -6.8% to 3.2% and then 4.9% year-on-year, showing a V-shaped reversal from negative growth to continued upward growth , which shows the resilience of the Chinese economy. Liu Wei, chairman of the Renmin University of China and a member of the Monetary Policy Committee of the People’s Bank of China, said the general rebound in investment and consumption is confidence in China’s economic recovery. He noted: “China’s economy has strong countercyclical capabilities and strong anti-fight capabilities. Investment plays an important role. Now we are in the accelerated growth period of new industrialization, urbanization, computerization and agricultural modernization.”
As the only major economy in the world to achieve positive growth this year, under the new pattern of development, the virtuous cycle of China’s economy has accelerated and the market potential has been fully stimulated. Li Xuesong, deputy director of the Institute of Industrial Economics of the Chinese Academy of Social Sciences, said that in the future, the role of Chinese market consumption in driving economic growth is expected to be further strengthened, and there will be more demand for more diversified and high-quality products, technologies and services from around the world. He said: “China’s economic operation is gradually returning to normal, the growth of products and industries is expanding, the supply chain of the industrial chain is basically stable, measures to stabilize employment and protect the livelihoods of People have achieved obvious results, the conversion of new and old kinetic energy has been accelerated, the new kinetic energy of economic growth has been significantly improved, and the vitality of development has continued to improve. In the future, we must continue to deepen the structural reforms of the On the supply side, use reforms to expand consumer demand, create a higher level of dynamic equilibrium in which demand drives supply and supply creates demand, and improve the overall effectiveness of the national economic system. “
