男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

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

China's economy continues recovery, shows resilience

Xinhua | Updated: 2021-09-16 10:15
Share
Share - WeChat
A worker passes a row of hydrogen fuel cell heavy trucks at the Tangshan Port Economic Development Zone in North China's Hebei province in April. [Photo/XINHUA]

BEIJING -- China's economy maintained the trend of recovery in August despite disruptions from the COVID-19 epidemic and natural disasters, showing the resilience of the world's second largest economy.

The country's industrial output showed stable growth in August this year, with the value-added industrial output, a key indicator reflecting industrial activities and economic prosperity, expanding 5.3 percent year-on-year, according to the National Bureau of Statistics (NBS).

The figure was up 11.2 percent from the level in August 2019. In the first eight months, industrial output gained 13.1 percent year-on-year, resulting in an average two-year growth of 6.6 percent, NBS data shows.

High-tech manufacturing became a shining point in the industrial output as the country strived for industrial and technological upgrading. Last month, the output of the sector jumped 18.3 percent year-on-year, accelerating by 2.7 percentage points compared with the figure registered in July.

China's retail sales of consumer goods went up 2.5 percent year-on-year in August, down by 6 percentage points from the previous month.

The sporadic outbreaks of COVID-19 and natural disasters such as floods hindered travel and held back consumption during the summer holiday, NBS spokesperson Fu Linghui said, adding that the high base factor also resulted in the steep year-on-year drop.

However, the cumulative growth for the last eight months showed that retail sales gained 18.1 percent year-on-year, which means consumption remained generally stable and the recovery trend was unchanged, said Fu.

With the containment of the Delta variant outbreak in early September, retail sales growth may rebound in September, Nomura Securities said in a research note.

Fu is optimistic about future consumption activities, considering the upgrading demands of the large middle-income group of over 400 million people, the stable job market and the increasing profitability of enterprises.

China's job market remained generally stable, with the surveyed urban unemployment rate standing at 5.1 percent in August, unchanged from that in July.

During the first eight months of this year, the country created 9.38 million new jobs in its urban areas, achieving 85.3 percent of the annual target.

The surveyed unemployment rate of young people saw an apparent drop in August, bolstered by the country's economic recovery and a series of policies to support job-seeking by college graduates. The unemployment rate of those aged between 16 and 24 was down by 0.9 percentage points from that in July to 15.3 percent, NBS data shows.

China's fixed-asset investment went up 8.9 percent year-on-year in the first eight months of this year, with the average growth rate over the past two years standing at 4 percent. Investment in the manufacturing sector stood out, with a 15.7-percent yearly increase during the period.

Fu said that, despite the recovery, the international environment is still complex and severe, and the sporadic COVID-19 outbreaks and natural disasters such as floods have affected the country's economy.

"The foundation of the economic recovery still needs to be consolidated," Fu added.

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: 佳木斯市| 石屏县| 全南县| 长顺县| 石嘴山市| 纳雍县| 桂林市| 霍州市| 都兰县| 光泽县| 吉隆县| 科技| 岑溪市| 泰安市| 河源市| 白城市| 卢湾区| 潜江市| 云安县| 贵南县| 梅河口市| 承德市| 托里县| 都江堰市| 巴彦淖尔市| 濮阳县| 和政县| 沛县| 隆林| 阿拉善右旗| 广东省| 筠连县| 保山市| 河曲县| 察雅县| 夏津县| 六盘水市| 西和县| 巴里| 青冈县| 彰化县|