Affected by the closure of the crown disease, China's economic growth rate in the second quarter fell to the lowest 0.4 % in two years.The interviewed economists believe that China is expected to achieve a growth target of about 5.5 % this year. The senior management of the Communist Party of China may reduce the expected economic growth forecast for the year at the end of the month.
The data released by the National Bureau of Statistics of China on Friday (July 15) shows that the GDP in China (GDP) in the first half of the year increased by 2.5 % year -on -year, and the second quarter of GDP decreased by 2.6 % compared with the first quarter.A year -on -year increase of 0.4 %.Prior to this, the worst performance of China's economic quarter was that the first quarter of 2020 and the outbreak of Wuhan fell 6.8 %.
A spokesman for the National Bureau of Statistics, Fu Linghui, pointed out at a press conference that the downward pressure on the economic downturn in the second quarter of this year increased significantly.April affected by super -expected factors in April, the main economic indicators fell significantly.Since then, with the prevention and control of the epidemic and the significant effect of steady growth policies and measures, the economy stopped in May in May, and the main indicators in June stabilized and rebounded.It maintained "very difficult" in the second quarter.
The total retail sales of Chinese social consumer goods fell 6.7 % from May to 3.1 % in June.However, the total number of social zero in the first half of the year still declined by 0.7 % year -on -year, of which the most serious catering revenue was reduced by 7.7 %.
In the first half of the real estate sector, the loss was heavy in the first half of the year. The real estate development investment decreased by 5.4%year -on -year.The prices of commercial housing in 70 large and medium -sized cities fell for 10 consecutive months, and house prices in June fell 0.1 % from May.
In June, the national urban survey unemployment rate fell from 5.9%in May to 5.5%, but the population survey rate of population aged 16 to 24 rose from 18.4%in May to 19.3%in June, highlighting the current currently currentThe employment situation of graduates is severe.
Fu Linghui admits that the difficulty of China's economic growth has reached potential levels. This year, it has challenged the annual economic growth expectations, and maintaining stable economic growth "still pays hard work."
Economists surveyed by Bloomberg believe that China will achieve about 5.5%of the growth goals this year, and it is expected that GDP growth for the whole year is only slightly higher than 4%.
Xie Dongming, director of the Research Director of the Greater China of Overseas Chinese Bank, predicts that this year's growth may be between 4.5 % and 5 %.The Politburo Conference held at the end of this month is particularly worthy of attention and will be guided by the economic policy in the second half of the year.
(Reporter is a special agent in Shanghai Morning Post)
