Xu Hongcai, deputy director of the Economic Policy Committee of the China Policy Science Research Association, pointed out in an interview that Chinese consumption has a strong rebound in January to February, but "structural" is mainly reflected in daily life in daily life.In terms of life, the consumption of two traditional major consumption of cars and housing is still weak.He said: "If the consumption of cars and housing cannot start, the consumption rebound will be greatly reduced."
As the epidemic prevention policy turns, the Chinese economy shows a recovery momentum.The National Bureau of Statistics released macro data on Wednesday shows that the major economic indicators in the first two months of this year have improved from December last year.
The data released by the National Bureau of Statistics of China shows that from January to February this year, the added value of industrial industries above designated size increased by 2.4%year -on -year, which was 1.1 percentage points accelerated from December 2022, but slightly lower than market expectations; national service industry production production; national service industry production production; national service industry production production; national service industry production production; national service industry production production; national service industry production production; national service industry production production; national service industry production production; national service industry production production; national service industry production production; national service industry production production; national service industry production production; national service industry production production; national service industry production production; national service industry production production; national service industry production production; national service industry production production; national service industry production production; national service industry production production; national service industry production production; national service industry production production; national service industry production production; national service industry production production; national service industry production production; national service industry production production; national service industry production productionThe first two months of the index increased by 5.5%year -on -year, of which the business activity indexes of road aviation transportation, accommodation and other industries were located in a high boom range of more than 60.0%.
At the end of last year, after the crown disease epidemic was rapid, the momentum of consumption recovery also performed obviously. In the first two months, retail sales of consumer goods increased by 3.5%year -on -year, of which catering revenue rebounded strongly, an increase of 9.2%year -on -year.
Due to the support of government policy, the real estate market that drags China's economic growth is significantly narrowed significantly in the first two months of this year; especially in residential sales, it has increased slightly by 3.5%year -on -year, reversing 2022 2022 2022The annual decline of 28.3%.
China's economic activity rebounded from the downturn from January to February, but the economic recovery is still fragile.Scholars predict that China's economic growth is expected to reach about 5.5%or even higher this year, but the recovery process may not be smooth.Among them, employment pressure, the continuous weakness of the real estate market, and insufficient confidence in private investment are prominent shortcomings in the economic recovery.
Fu Linghui, a spokesman for the National Bureau of Statistics of China, frankly admitted at a press conference yesterday that about 5%of the economic growth goal of this year "meets the actual and needs of China's development", but it is still "stressful, challenging", especially for especiallyThe impact of the three -year epidemic, "Enterprise is still the problem of damage to the personal balance sheet, it will take time to repair."
The population unemployment rate of the ages of 16 to 24 rose to 18.1%
He also said that due to the epidemic, the average growth rate of China's economy in the past three years was 4.5%, and "employment pressure was relatively high."This year's new employment goal is about 12 million people, which is the highest in the years, and the employment pressure is difficult to relieve.According to yesterday, the data announced by the national urban survey in February rose to 5.6%, of which the unemployment rate of the population between 16 and 24 rose to 18.1%, the highest in September last year.
Xu Hong, deputy director of the Economic Policy Committee of the China Policy Science Research Association, pointed out in an interview that Chinese consumption has rebounded strongly from January to February, but "structural" is mainly reflected in daily life.The traditional consumption is still weak.
He said that Chinese consumption data will be performed well in March and April, but the consumption of cars and housing remains to be observed.He said: "If the consumption of cars and housing cannot start, the consumption rebound will be greatly reduced."
The People's Bank of China yesterday passed the mid -term borrowing facilities (MLF) large amount of net for 281 billion yuan (RMB, the same below, or about 56 billion yuan) for medium- and long -term funds, which was the largest efforts since December 2020.Analysts interviewed by Bloomberg pointed out that as an important policy observation window after the two conferences of China, the excess launch of MLF will supplement the medium and long -term basic currency and reflect the policy orientation of supporting the stable recovery of the economy.
