In 2008, China’s economy maintained a growth rate of 9% in spite of difficulties, and its contribution to world economic growth exceeded 20%.
In the fourth quarter, although the GDP growth rate took a sharp turn for the worse, in December, there were some positive changes in money and credit, consumption, investment, export and industrial production …
After experiencing several rare natural disasters in history and the test of the world economic recession caused by the American financial crisis, what kind of overall evaluation should be given to China’s national economy in 2008?
How to evaluate the overall economic performance throughout the year?
Ma Jiantang, director of the National Bureau of Statistics, who made his debut at the press conference of the State Council Information Office, was considerate, bringing not only detailed statistical data, but also his overall evaluation of the national economy in 2008: rapid growth, price stabilization, structural optimization and improvement of people’s livelihood.
At first glance, it is growing rapidly. According to preliminary accounting, GDP in 2008 increased by 9% over the previous year. Although vertically, it is 4 percentage points lower than the growth rate of 13% in 2007, compared with other countries in the world, the growth rate of 9% is still a relatively high speed. According to the latest estimate of the International Monetary Fund, the average growth rate of the world economy in 2008 was 3.7%. According to Ma Jiantang, it has been calculated that in 2008, China’s economy maintained a growth rate of 9% in spite of difficulties, and its contribution to world economic growth exceeded 20%.
Second, look at the price stabilization. In February, the price rise reached a peak, and the CPI rose by 8.7% that month. China government has taken a series of measures to increase supply, regulate demand, invigorate circulation and increase subsidies for low-and middle-income people. With these measures in place, it took about half a year to control the inflation rate from 8.7% to less than 5%, and it dropped to 1.2% in December.
Third, look at structural optimization. While the national economy has achieved rapid growth, the primary industry, especially agriculture, has developed well. In 2008, China’s total grain output and unit yield both reached the highest level in history, with grain reaching 1,057 billion Jin. "In such a difficult time, a bumper harvest of grain can be achieved, which further proves that Chinese can support itself, which is also the greatest contribution to the world." As a doctor of economics, Ma Jiantang still remembers the debate about "Who will feed China" provoked by some foreign economists a few years ago. In addition to the industrial structure, the regional structure is also being optimized. Last year, the investment and industrial growth rates in the central and western regions were faster than those in the east.
In 2008, energy conservation and emission reduction also made positive progress. From the perspective of energy consumption per 10,000 yuan GDP, it decreased by 4.21% in 2008. In the first three quarters of last year, sulfur dioxide emissions decreased by 4.2% and chemical oxygen demand emissions decreased by 2.7%. All these data indicate that China’s economy has made positive progress in building a resource-saving and environment-friendly society while overcoming difficulties and growing steadily.
Fourth, see the improvement of people’s livelihood. In 2008, the annual per capita disposable income of urban residents increased by 14.5%, with an actual increase of 8.4%; The per capita net income of rural residents increased by 15% in nominal terms and 8% in real terms. It is not easy to maintain such growth under such severe economic conditions. At the same time, social security is increasing. In 2008, the total income of five insurance funds, including basic pension, basic medical care, unemployment, work injury and maternity insurance, was 1,380.8 billion yuan, an increase of 27.7%. The basic pension level and the minimum wage level of enterprise retirees all over the country are improving.
Main economic data:
China’s GDP in 2008 was 30.067 trillion yuan, an increase of 9%.
In the fourth quarter of 2008, China’s economy grew by 6.8% year on year.
In 2008, the national consumer price level rose by 5.9%.
In 2008, the per capita income of urban and rural residents in China increased by 8.4% and 8.0% respectively.
In 2008, the sales prices of houses in 70 large and medium-sized cities in China increased by 6.5% over the previous year.
In 2008, the per capita income of urban and rural residents in China increased by 8.4% and 8.0% respectively.
In 2008, China’s economic data was released, and the economy showed a rapid growth trend.
In 2008, the total investment in fixed assets in China was 17,229.1 billion yuan.
Other data:
Last year, the price increase in large and medium-sized cities dropped by 1.1 percentage points year-on-year
In 2008, 11.13 million new jobs were created in cities and towns, and the registered unemployment rate at the end of 2008 was 4.2%.
In 2008, the contribution rate of China’s economy to world economic growth exceeded 20%.
Statistics Bureau: In 2008, the M2 balance of China increased by 17.8% compared with the end of last year.
In the first November of 2008, the profits of 31 industrial sectors in China increased year-on-year.
In 2008, the national economy as a whole maintained steady and rapid development.
In 2008, the added value of industrial enterprises above designated size increased by 12.9% over the previous year.
In 2008, the total retail sales of social consumer goods in China increased by 21.6% over the previous year.
In 2008, the ex-factory price of industrial products in China increased by 6.9% over the previous year.
In 2008, the energy consumption per 10,000 yuan GDP in China decreased by 4.21%.
In December 2008, the added value of industrial enterprises above designated size in China increased by 5.7% year-on-year.
Answer a reporter’s question:
Director of Statistics Bureau: The "consumption fever" will continue after the New Year.
Ma Jiantang, Director of Statistics Bureau: The expected target of consumer price in 2009 is 4%.
Chief economist of statistics bureau: the economy can get out of the downside in the second half of the year
Ma Jiantang said that China’s GDP has jumped to the third place in the world: this is an objective trend.
The National Bureau of Statistics is studying the establishment of a GDP growth ratio system.
Director of Statistics: The economic data in December began to show positive changes.
Director of Statistics Bureau: The final verification data of GDP in 2007 is scientific and accurate.
