The National Bureau Of Statistics Announced That The National Economy Continued To Recover In October

　 The National Bureau of Statistics announced that the national economy continued to recover in October

In October, under the strong leadership of the CPC Central Committee with Comrade Xi Jinping at the core, all regions and departments resolutely implemented the decisions and arrangements of the CPC Central Committee and the State Council, adhered to the general tone of seeking progress while maintaining stability, fully implemented the new development concept, accelerated the construction of a new development pattern, solidly promoted high-quality development, and the macro-control policies continued to work effectively, Production supply has increased steadily, market demand has continued to improve, employment prices are generally stable, transformation and upgrading have been steadily promoted, and the national economy has continued to recover.

1、 Industrial production has accelerated, and the equipment manufacturing industry has continued to recover

In October, the added value of industries above designated size nationwide increased by 4.6% year on year, 0.1 percentage points faster than that of last month; The month on month growth was 0.39%. In terms of three categories, the added value of the mining industry increased by 2.9% year on year, the manufacturing industry increased by 5.1%, and the power, heat, gas and water production and supply industries increased by 1.5%. The added value of equipment manufacturing industry increased by 6.2% year on year, 0.7 percentage points faster than that of last month, rising for three consecutive months. By economic type, the added value of state-owned holding enterprises increased by 4.9% year on year; Joint stock enterprises increased by 5.6%, and enterprises invested by foreign businessmen, Hong Kong, Macao and Taiwan increased by 0.9%; Private enterprises grew by 3.9%. In terms of products, the output of solar cells, service robots and integrated circuits increased by 62.8%, 59.1% and 34.5% year on year respectively. From January to October, the added value of industries above designated size increased by 4.1% year on year. From January to September, the total profit of industrial enterprises above designated size nationwide decreased by 9.0% year on year, 2.7 percentage points lower than that from January to August, with an increase of 11.9% year on year in September. In October, the purchasing managers' index of manufacturing industry was 49.5%, and the expected index of enterprise production and operation activities was 55.6%.

2、 The service industry is growing well, and the modern service industry is growing rapidly

In October, the national service industry production index increased by 7.7% year on year, 0.8 percentage points faster than the previous month. In terms of industries, the production index of accommodation and catering industry, transportation, warehousing and postal services, information transmission, software and information technology services, wholesale and retail, and financial industry increased by 21.3%, 13.2%, 10.9%, 10.0% and 7.8% year on year respectively. From January to October, the national service industry production index increased by 7.9% year on year. From January to September, the operating revenue of service enterprises above designated size increased by 7.1% year on year. In October, the business activity index of the service industry was 50.1%, and the expected business activity index was 57.5%. Among them, the business activity index of railway transportation, air transportation, postal service, telecommunications, radio and television, and satellite transmission services and other industries was at a high boom range of more than 60.0%.

3、 The growth of market sales is accelerating, and the service consumption continues to grow rapidly

In October, the total retail sales of consumer goods reached 4333.3 billion yuan, up 7.6% year on year, 2.1 percentage points faster than the previous month; 0.07% month on month growth. By the location of the business unit, the retail sales of consumer goods in urban areas were 3747.9 billion yuan, up 7.4% year on year; The retail sales of rural consumer goods reached 585.4 billion yuan, up 8.9%. By type of consumption, retail sales of goods reached 3853.3 billion yuan, up 6.5%; Catering revenue was 480 billion yuan, up 17.1%. Among the retail sales of goods above the designated size, the retail sales of sports and entertainment goods, communication equipment, automobiles and gold, silver and jewelry increased by 25.7%, 14.6%, 11.4% and 10.4% respectively. From January to October, the total retail sales of consumer goods reached 38544 billion yuan, up 6.9% year on year. The national online retail sales reached 12291.5 billion yuan, up 11.2% year on year. Among them, the online retail sales of physical goods reached 1030.1 billion yuan, up 8.4%, accounting for 26.7% of the total retail sales of consumer goods. From January to October, the retail sales of services increased by 19.0% year on year, 0.1 percentage points faster than that from January to September.

4、 The scale of investment in fixed assets continued to expand, and investment in high-tech industries grew rapidly

From January to October, the national fixed asset investment (excluding farmers) was 41940.9 billion yuan, up 2.9% year on year, 0.2 percentage points lower than that from January to September. In terms of sectors, infrastructure investment increased by 5.9% year on year, manufacturing investment increased by 6.2%, and real estate development investment decreased by 9.3%. The sales area of commercial housing nationwide was 925.79 million square meters, down 7.8% year on year; The sales of commercial housing reached 9716.1 billion yuan, down 4.9%. In terms of industries, the investment in the primary industry decreased by 1.3% year on year, the investment in the secondary industry increased by 9.0%, and the investment in the tertiary industry increased by 0.4%. Private investment dropped by 0.5%, 0.1 percentage point lower than that from January to September; Excluding real estate development investment, private investment increased by 9.1% year on year. Investment in high-tech industries increased by 11.1% year on year, of which investment in high-tech manufacturing and high-tech service industries increased by 11.3% and 10.5% respectively. In the high-tech manufacturing industry, the investment in aviation, spacecraft and equipment manufacturing, medical equipment and instrumentation manufacturing increased by 19.0% and 16.7% respectively; In high-tech service industry, investment in scientific and technological achievements transformation service industry and professional technology service industry increased by 37.3% and 29.1% respectively. In October, fixed asset investment (excluding farmers) grew 0.10% month on month.

5、 The import and export of goods increased from a decrease year on year, and the trade structure continued to be optimized

In October, the total import and export of goods was 3541.7 billion yuan, up 0.9% year on year, and down 0.7% last month. Among them, the export was 1973.6 billion yuan, down 3.1%; Imports reached 1568.1 billion yuan, up 6.4%. Import and export balance, trade surplus 405.5 billion yuan. From January to October, the total import and export of goods was 34319.9 billion yuan, up 0.03% year on year. Among them, exports reached 19554.3 billion yuan, up 0.4%; Imports reached 14765.6 billion yuan, down 0.5%. From January to October, the import and export of general trade increased by 1.8% year on year, accounting for 64.9% of the total import and export volume, 1.1 percentage points higher than the same period last year. The import and export of private enterprises increased by 6.2%, accounting for 53.1% of the total import and export, 3.1 percentage points higher than the same period last year. The export of mechanical and electrical products increased by 2.8%, accounting for 58.5% of the total export.

6、 The employment situation is generally stable, and the survey unemployment rate in large cities and towns has declined

In October, the unemployment rate of the national urban survey was 5.0%, the same as last month. The unemployment rate of local registered labor force survey is 5.0%; The unemployment rate of migrant registered labor force is 4.9%, of which the unemployment rate of migrant agricultural registered labor force is 4.6%. The unemployment rate in 31 major cities and towns was 5.0%, 0.2 percentage points lower than that of the previous month. The average weekly working hours of enterprise employees nationwide are 48.7 hours.

7、 Consumer prices have declined steadily, and the year-on-year decline of industrial producer prices has slightly expanded

In October, the national consumer price (CPI) fell 0.2% year on year and 0.1% month on month. By category, the prices of food, tobacco and alcohol decreased by 2.1% year on year, the prices of clothing increased by 1.1%, the prices of housing increased by 0.3%, the prices of daily necessities and services decreased by 0.6%, the prices of transportation and communication decreased by 0.9%, the prices of education, culture and entertainment increased by 2.3%, the prices of medical care increased by 1.3%, and the prices of other supplies and services increased by 3.6%. Among the food, tobacco and wine prices, the price of pork dropped by 30.1%, the price of fresh vegetables dropped by 3.8%, the price of grain rose by 0.6%, and the price of fresh fruits rose by 2.2%. After deducting food and energy prices, the core CPI rose 0.6% year on year. From January to October, the national consumer price rose 0.4% year on year.

In October, the ex factory price of industrial producers across the country dropped 2.6% year on year, and remained flat month on month. The purchase price of national industrial producers fell 3.7% year on year and rose 0.2% month on month. From January to October, the ex factory price and purchase price of industrial producers across the country decreased by 3.1% and 3.6% respectively year on year.

On the whole, in October, the national economy continued to recover, the main indicators continued to improve, and the overall economic operation was stable. However, it should also be noted that there are still many external instability and uncertainty factors, domestic demand is still insufficient, and the foundation for economic recovery needs to be consolidated. In the next stage, we should adhere to the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, adhere to the general tone of seeking progress while maintaining stability, solidly promote high-quality development, accurately and effectively implement macro-control, focus on expanding domestic demand, boosting confidence, preventing risks, and constantly promote the continuous improvement of economic operation, the continuous enhancement of endogenous momentum, and the continuous improvement of social expectations The risks and hidden dangers will continue to be resolved, and the economy will achieve effective improvement in quality and reasonable growth in quantity.

note appended

(1) The added value of industries above designated size and the growth rate of their classified projects are calculated at comparable prices, which is the actual growth rate; Unless otherwise specified, other indicators are calculated at current prices and are nominal growth rates.

(2) The statistical scope of industries above designated size includes industrial enterprises with annual main business income of 20 million yuan and above.

As the scope of industrial enterprises above designated size changes every year, in order to ensure that the data of this year is comparable with that of last year, the number of the same period used to calculate the year-on-year growth rate of various indicators such as product output is as consistent as possible with the statistical scope of enterprises in this period, and there is a difference in caliber with the data published last year. Main reasons: First, the range of statistical units has changed. Every year, some enterprises reach the scale and are included in the scope of investigation, while some enterprises withdraw from the scope of investigation due to smaller scale, as well as the impact of newly built enterprises, bankruptcy, injection (suspension) and sales enterprises. Second, the product output data of some enterprise groups (companies) has the phenomenon of cross regional duplicate statistics. According to the special survey, the cross regional duplicate output of enterprise groups (companies) has been eliminated.

(3) The service industry production index refers to the output change of the service industry in the reporting period relative to the base period after excluding the price factor.

(4) The statistical scope of total retail sales of social consumer goods covers corporate enterprises, industrial activity units and self-employed individuals engaged in retail activities or providing catering services. Among them, units above the designated size refer to wholesale enterprises (units, self-employed enterprises) with annual main business income of 20 million yuan and above, retail enterprises (units, self-employed enterprises) with annual main business income of 5 million yuan and above, and accommodation and catering enterprises (units, self-employed enterprises) with annual main business income of 2 million yuan and above.

Since the scope of wholesale and retail enterprises above the designated size, accommodation and catering enterprises (units, self-employed households) changes every year, in order to ensure that the data of this year is comparable with that of the previous year, the number of the same period used to calculate the year-on-year growth rate of various indicators such as retail sales of consumer goods per unit above the designated size is consistent with the statistical scope of enterprises (units, self-employed households) in this period, There is a difference in caliber from the data published last year. The main reason is that every year, some enterprises (units and self-employed enterprises) are included in the scope of investigation when they reach the quota standard, while some enterprises (units and self-employed enterprises) withdraw from the scope of investigation because they cannot reach the quota standard due to their smaller scale, as well as the impact of newly opened enterprises, bankruptcy, and registered (suspended) enterprises (units and self-employed enterprises).

Online retail sales refer to the sum of retail sales of goods and services realized through public online trading platforms (including self built websites and third-party platforms). Goods and services include physical goods and non physical goods (such as virtual goods, service goods, etc.).

Total retail sales of consumer goods include online retail sales of physical goods, excluding online retail sales of non physical goods.

(5) Retail sales of services refer to the total value of services directly provided by enterprises (industrial activity units, self-employed households) to individuals and other units for non production and non business purposes in the form of transactions. The purpose is to reflect the value of services sold by service providers in monetary form that belong to consumption, including the retail sales of service activities in transportation, accommodation, catering, education, health, sports, entertainment and other fields.

(6) The growth rate of fixed asset investment is calculated on a comparable basis.

(7) The import and export data are from the General Administration of Customs.

(8) Employed personnel refer to those who are 16 years old and above, have the ability to work, and are engaged in certain social labor for the purpose of obtaining labor remuneration or operating income.

(9) Some data are not equal to the total due to rounding.

Schedule