Your current location:HOME >travel >(China Economic Roundtable) Chinese Economy Sees Hard 正文
TIME:2024-05-21 08:54:53 Source: Internet compilationEdit:travel
Contact Us HomeNewsHighlightACWF NewsSocietyWom
Photo shows a scene at the China Economic Roundtable in Beijing, capital of China. China Economic Roundtable is an all-media talk platform launched by Xinhua News Agency, with the first episode featuring the Chinese economy. [Xinhua/Jin Liangkuai] |
BEIJING, July 17 (Xinhua) — China's economic performance in the first half (H1) of 2023 showed signs of recovery in the face of various challenges, guest speakers told the China Economic Roundtable hosted by Xinhua News Agency.
China's gross domestic product (GDP) grew 5.5 percent year on year in the first half of 2023, data from the National Bureau of Statistics (NBS) showed Monday.
Fu Linghui, the NBS spokesperson, said the economic growth had significantly accelerated compared with that of last year, which is quite remarkable given the global economic fluctuations and downturns.
In the January-June period, production supply of agriculture and industry continued to increase, the service industry and consumption grew rapidly, and high-quality development made steady progress, he said.
Since April, international organizations and institutions, such as the United Nations, the World Bank, and the OECD, have raised their expectations for China's economic growth this year, reflecting the world's confidence in China's economic development prospects.
"Facing sluggish global economic growth and a slowdown in global trade, China's economic growth in H1 saw an increased contribution of domestic demand to the GDP compared with the same period last year and the entire 2022," said Li Hui, a senior official with the National Development and Reform Commission.
She noted that the growth rate of industrial added value of the equipment manufacturing industry, above the designated size, had exceeded the overall industrial growth rate. The production of solar cells, new energy vehicles, and charging piles also surged.
Investment in high-tech industries and private investment in infrastructure and manufacturing all exhibited faster growth rates than that of the total investment, Li said, adding that these highlights all prove China's high-quality economic development.
Globally, world economic growth continues to slow down and inflation pressures remain high, leading to divergent economic trends among countries.
Liu Yuanchun, president of Shanghai University of Finance and Economics, said that China's H1 economic performance undoubtedly represents an example of high-speed growth among major economies.
According to Liu, it is essential to understand this round of recovery from a global and historical perspective, particularly taking the pandemic, disasters and major changes into consideration.
"The recovery in the post-pandemic era is different from the normal and cyclical recoveries we've seen in the past," he said, noting this round of recovery begins from society and transactions, and then moves on to profit and balance sheet, which will be a long process involving fluctuations.
Li agreed that despite adverse effects resulting from global changes, China's economy has witnessed a rebound, with stable prices and financial stability. Enditem
Editor's note: China Economic Roundtable is an all-media talk platform launched by Xinhua News Agency, with the first episode featuring the Chinese economy. Distinguished guests are Fu Linghui, spokesperson of the National Bureau of Statistics, Li Hui, senior official with the National Development and Reform Commission, and Liu Yuanchun, president of Shanghai University of Finance and Economics.
Related:
(China Economic Roundtable) Chinese economy to forge ahead with full confidence in H2
(China Economic Roundtable) New drivers expected to propel China's future economic growth
Photo shows Liu Yuanchun, president of Shanghai University of Finance and Economics, attending the China Economic Roundtable in Beijing, capital of China. China Economic Roundtable is an all-media talk platform launched by Xinhua News Agency, with the first episode featuring the Chinese economy. [Xinhua/Jin Liangkuai] |
Photo shows Li Hui, a senior official with the National Development and Reform Commission, attending the China Economic Roundtable in Beijing, capital of China. China Economic Roundtable is an all-media talk platform launched by Xinhua News Agency, with the first episode featuring the Chinese economy. [Xinhua/Jin Liangkuai] |
Photo shows Fu Linghui, spokesperson of the National Bureau of Statistics, attending the China Economic Roundtable in Beijing, capital of China. China Economic Roundtable is an all-media talk platform launched by Xinhua News Agency, with the first episode featuring the Chinese economy. [Xinhua/Jin Liangkuai] |
(Source: Xinhua)
32.3KPlease understand that womenofchina.cn,a non-profit, information-communication website, cannot reach every writer before using articles and images. For copyright issues, please contact us by emailing: [email protected]. The articles published and opinions expressed on this website represent the opinions of writers and are not necessarily shared by womenofchina.cn.
Baby Reindeer's real2024-05-21 08:40
Li Bingjie Wins Women's 400m Freestyle at Hangzhou Asiad2024-05-21 08:34
Chen Yufei Wins Women's Singles Title at 2023 Indonesia Open2024-05-21 08:11
Ladies Claim Relay Gold2024-05-21 08:04
Elon Musk gets approval from FDA to implant his Neuralink brain chip into a second patient2024-05-21 08:02
Helping Women Villagers Embroider Better Lives2024-05-21 07:32
Zhang Yufei Wins Women's 100m Butterfly at Hangzhou Asiad2024-05-21 07:27
Chinese vice premier stresses implementation of projects funded by gov't bonds2024-05-21 07:24
A warrant for Netanyahu’s arrest was requested. But no decision was made about whether to issue it2024-05-21 06:59
From Migrant Worker to Reform Pioneer2024-05-21 06:08
Four people killed in a house explosion in southwestern Missouri2024-05-21 08:47
Woman Quits Consulting Job to Give Grandfather Experiences of a Lifetime2024-05-21 08:40
Chinese vice premier stresses implementation of projects funded by gov't bonds2024-05-21 08:38
Across China: Never Too Late! 662024-05-21 08:16
US overdose deaths dropped in 2023, the first time since 20182024-05-21 08:04
Feature: ALS Sufferer Inspires Others with 15,0002024-05-21 07:54
Turning Paper into Art, One Sculpture at a Time2024-05-21 07:17
Women in wealthier areas are twice as likely to receive HRT, research finds2024-05-21 07:03
Everybody may love Raymond, but Ray Romano loves Peter Boyle2024-05-21 06:29
Wang Shanshan Named Chinese Women's Footballer of the Year2024-05-21 06:23