It's another crucial moment in the middle of the year. On July 16th, the National Bureau of Statistics released the performance of the national economy in the first half of 2020. The world economy under the impact of the new crown pneumonia epidemic is undergoing profound changes. Under the complex and severe domestic and foreign situation, what kind of "half-year test" answer papers China has to hand over has attracted the attention of the world.
From negative to positive, China’s economic "half-year test" results exceeded expectations
Looking through the "big data" of China's economy, my country's economy first fell and then rose in the first half of the year, and the economic operation recovered steadily. In the second quarter, economic growth turned from negative to positive, and market expectations generally improved. Many experts and scholars said in an interview with People's Daily Online that "turning from negative to positive" has become a key word in the operation of the national economy in the first half of the year. Xu Qiyuan, a researcher at the Chinese Academy of Social Sciences, believes that in the context of the impact of the epidemic and the global economic recession, the growth rate of industrial production in the second quarter was still significantly higher than expected.
"It should be noted that the spring can only bounce back to the original level, and cannot jump higher." Liu Shangxi, president of the Chinese Academy of Fiscal Sciences, pointed out that we cannot simply think that rebound will become an inevitable trend. To continue the rebound, it is necessary to solve the problem of insufficient stamina and build the internal driving force of the Chinese economy.
Significant results, policy efforts to stabilize the economic fundamentals
In the second quarter, China’s GDP grew by 3.2% year-on-year. Experts agreed in interviews that this was due to China’s effective overall promotion of epidemic prevention and control and the active use of policy tools to stimulate new impetus for the "stop loss and recovery" of economic development and make the economy recover. To a stable and positive track.
"Successful prevention and control of the epidemic is the biggest prerequisite for ensuring economic stability." Teng Tai said that China has effectively reduced the impact of the epidemic in the process of epidemic prevention and control. In addition, after the epidemic is under control, we have made every effort to promote and promote the resumption of production and work. Therefore, the supply side of China's economy was the first to recover in the first half of the year, and the resumption of production and work rate of the manufacturing industry basically returned to the level before the epidemic.
In addition to making good use of the "policy toolbox," new economic kinetic energy also plays an important role in responding to the impact of the new crown epidemic and economic recovery. During the new crown epidemic, due to travel restrictions, online consumption has flourished, and new consumption models represented by online shopping and sharing platforms have developed rapidly.
In this year's government work report, the construction of "two new and one heavy" was taken as the implementation of the strategy of expanding domestic demand and became an important measure to accelerate the transformation of economic development mode. "As the new crown epidemic has led to a decline in traditional investment demand, it is of great significance and necessity to take new infrastructure investment as the future direction of infrastructure construction. Under the background of epidemic prevention and control, it provides a powerful starting point for investment. It plays an important role in stimulating economic growth." Xu Xianchun said.
Full of resilience, the basic trend of long-term improvement has not changed
With the opening of the third quarter, in the face of the global epidemic and the uncertainty brought about by the slowdown of global economic growth, how to answer the Chinese economic "second half" exam paper in 2020?
In interviews, experts believe that the long-term trend of China's economy has not changed. In the face of a complex environment, it is necessary to maintain the strength of economic development, remove institutional barriers, and stimulate endogenous development momentum. Looking ahead to the economic trend in the second half of the year, Liu Shangxi pointed out that taking into account the long-term factors of the potential growth rate decline, the short-term factors of the epidemic impact, and international factors, the Chinese economy may show a stable development trend in the second half of the year. We must maintain a cautiously optimistic attitude. Promote high-level opening up through reforms.
However, the facts have and will continue to prove that no matter how the external situation changes, if you maintain your determination to do your own affairs, China's economic development is still resilient, with huge potential, and the long-term positive development is irresistible.
Source of this article: http://finance.people.com.cn/n1/2020/0717/c1004-31786889.html
