CCTV News: In 2023, the mainland will comprehensively deepen reform and opening up, increase macroeconomic regulation and control, focus on expanding domestic demand, optimizing structure, boosting confidence, preventing and resolving risks, the economy will rebound, and high-quality development will be solidly promoted. People from all walks of life believe that this year's economic operation and economic work achievements have fully confirmed the correctness and foresight of the Party Central Committee with Comrade Xi Jinping as the core in judging the situation and relevant decisions, and effectively demonstrated the huge development resilience and potential of the mainland's economy. Today (December 15), a series of authoritative data was released, which fully verifies this.
[Looking at the development through data, the mainland's economic recovery continues to consolidate]
The Information Office of the State Council held a press conference today (December 15), and the data released by the National Bureau of Statistics showed that in November, the national economy continued to rebound, production and supply rose steadily, and employment prices were generally stable. In November, the recovery of industrial production accelerated, the service industry grew rapidly, and the added value of industrial enterprises above designated size increased by 6.6 percent year-on-year, 2 percentage points faster than the previous month. Among them, the equipment manufacturing industry increased by 9.8%, and the growth rate of more than sixty percent of the industry and nearly half of the products rebounded from the previous month. In November, the service industry production index increased by 9.3% year-on-year, 1.6 percentage points faster than the previous month. Market demand continued to improve, with the total retail sales of consumer goods reaching 4,250.5 billion yuan, up 10.1 percent year-on-year, and the retail sales of services increasing by 19.5 percent year-on-year from January to November.
From January to November, investment in manufacturing increased by 6.3 percent, 0.1 percentage point faster than in the previous 10 months, and investment in high-tech industries increased by 10.5 percent year-on-year, maintaining a relatively rapid growth.
The mainland's foreign trade operation is still expected to continue to maintain an overall positive trend
According to a spokesman for the National Bureau of Statistics today, judging from the foreign trade data of the first 11 months, the characteristics of the mainland's stable export scale and share have not changed, and its important position in the global industrial chain and supply chain has not changed, and China is still an important force driving world economic growth and promoting the development of globalization.
In November, the mainland's total import and export volume increased by 1.2 percent year-on-year, 0.3 percentage points faster than the previous month. Among them, the export value increased by 1.7% year-on-year, ending the decline for six consecutive months.
From January to November, the import and export volume of general trade with longer industrial chains and relatively high added value accounted for 64.8 percent of the total import and export volume, an increase of 1 percentage point over the same period of last year, and the import and export volume of private enterprises, the largest body of foreign trade, increased by 6.1 percent year-on-year, an increase of 3.1 percentage points over the same period of last year.
The space for economic and trade cooperation has been effectively expanded. From January to November, the import and export volume between the mainland and the "Belt and Road" countries increased by 2.6% year-on-year, continuing to outpace all imports and exports.
The new momentum of exports maintained growth. From January to November, the mainland's exports of mechanical and electrical products increased by 2.8%, accounting for 58.6% of the total export value, providing strong support for export growth.
The employment situation is generally stable and the employment of migrant workers continues to improve
Since the beginning of this year, under the continuous effect of various policies and measures to stabilize employment, with the continuous recovery of economic operation, the service industry, especially the contact-type agglomeration service industry, has recovered rapidly, the employment space has been effectively expanded, and the employment situation has been generally stable. At today's press conference, the spokesperson of the National Bureau of Statistics also introduced this.
In November, the surveyed urban unemployment rate was 5 percent, down 0.7 percentage points from the same period last year. From January to November, the average surveyed unemployment rate in urban areas was 0.4 percentage points lower than that of the same period last year. The employment situation is generally stable.
Employment of migrant workers continued to improve. In November, the surveyed urban unemployment rate of migrant agricultural household registration labor force decreased by 0.2 percentage points from the previous month and 1.6 percentage points from the same period last year, which was at a low level in recent years.
Liu Aihua said that from the next stage, although the structural contradictions in employment still exist, the favorable conditions for promoting employment stability are also accumulating and increasing.
Liu Aihua, spokesperson of the National Bureau of Statistics: In accordance with the arrangements of the CPC Central Committee and the State Council, we will give more prominence to the priority orientation of employment, continue to implement various measures to stabilize employment, expand employment space through multiple channels, strengthen vocational skills training, optimize employment services, ensure the stability of employment for key groups, and continuously consolidate the stable employment situation.
Residents' Consumption Demand Has Been Unleashed The scale of consumption has continued to expand
With the full return to normal operation of the economy and society since the beginning of this year, under the effect of a series of pro-consumption policies, residents' consumption demand has been released, and the scale of consumption has continued to expand.
In November, the total retail sales of consumer goods reached 4,250.5 billion yuan, a year-on-year increase of 10.1 percent. Among them, the retail sales of urban consumer goods and rural consumer goods increased by 10.0% and 10.4% respectively year-on-year. In terms of consumption type, retail sales of goods were 3,692.5 billion yuan, up by 8.0 percent, and catering revenue was 558.0 billion yuan, up by 25.8 percent. Among the retail sales of units above designated size, the retail sales of clothing, shoes and hats, knitted textiles, communication equipment, sports and recreational goods, automobiles, and gold, silver and jewelry increased by 22.0 percent, 16.8 percent, 16.0 percent, 14.7 percent, and 10.7 percent respectively.
From January to November, the total retail sales of consumer goods 427945 billion yuan, a year-on-year increase of 7.2%, 0.3 percentage points faster than that from January to October. The national online retail sales 139571 billion yuan, a year-on-year increase of 11.0%. Retail sales of services increased by 19.5% year-on-year, 0.5 percentage points faster than that from January to October. From the perspective of consumption patterns, the proportion of service consumption has rebounded, and the demand for entertainment, information and medical care has increased significantly.
Electricity consumption in November increased by 11.6% year-on-year
Today, the National Energy Administration released data on the electricity consumption of the whole society in November. In November, the electricity consumption of the whole society was 763 billion kilowatt hours, a year-on-year increase of 11.6%. By industry, the electricity consumption of the primary industry was 9.6 billion kWh, up 12.2 percent year-on-year, the electricity consumption of the secondary industry was 527.7 billion kWh, up 9.8 percent year-on-year, the electricity consumption of the tertiary industry was 132.1 billion kWh, up 20.9 percent year-on-year, and the domestic electricity consumption of urban and rural residents was 93.6 billion kWh, up 10.0 percent year-on-year.
In November, the scale of civil aviation cargo hit a record high
According to data from the Civil Aviation Administration of China, in November, the civil aviation industry completed 719,000 tons of cargo and mail transportation, a record high. Among them, the cargo and mail traffic volume of domestic routes increased by 7.4% month-on-month, and the cargo and mail traffic volume of international routes increased by 5.4% month-on-month.
[The Belt and Road Initiative has a strong momentum of cooperation and fruitful results for common development]
Practical cooperation on the Green Silk Road has been further promoted
Today, at a special press conference held by the National Development and Reform Commission, the "Belt and Road" series of blue books were officially released, which showed that in the past ten years, the construction of the Green Silk Road has achieved positive results, the concept of green development has been deepened, the international cooperation platform has been continuously improved, and pragmatic cooperation measures have been deepened, and green has become the distinctive background color of the "Belt and Road" cooperation.
According to the Blue Book, China has successively issued policy documents such as strengthening the environmental management of overseas projects, promoting the green development of the Belt and Road Initiative, promoting international cooperation in green energy, and not building new overseas coal-fired power projects, clarifying the key tasks and work arrangements for the construction of the Green Silk Road, and focusing on strengthening policy guidance.
Together with the co-construction countries, China has implemented a number of green, low-carbon and sustainable wind and solar power generation projects, which have injected strong impetus into the development of the energy supply of the co-construction countries in an efficient, clean and diversified direction. A number of landmark projects jointly carried out by China and the co-construction countries, such as the Mombasa-Nairobi Railway, the China-Laos Railway, the Tsingshan Industrial Park in Indonesia, and the Saiseta Low-Carbon Demonstration Zone in Vientiane, Laos, have widely integrated green concepts and Chinese technologies, which have played an important role in reducing pollution and greenhouse gas emissions and driving local economic development, and have been widely praised by the governments and people of the co-construction countries.
China has built 24 agricultural technology demonstration centers in Africa
Today, at a special press conference held by the National Development and Reform Commission, the relevant person in charge said that 52 of the 53 countries with diplomatic relations in Africa have signed cooperation documents with the mainland to jointly build the "Belt and Road", and have completed a number of major landmark projects and "small but beautiful" livelihood projects, which have promoted the economic and social development and improvement of people's livelihood in African countries.
The person in charge said that a number of major landmark projects such as the Mombasa-Nairobi Railway in Kenya and the Lekki Port in Nigeria have effectively improved Africa's infrastructure. In terms of poverty alleviation and benefiting the people, China has built 24 agricultural technology demonstration centers in Africa, and promoted more than 300 advanced and applicable technologies, such as dense corn planting, which have increased local crop yields by 30%-60% on average, helping African countries improve their agricultural development. In addition, a number of "small but beautiful" livelihood projects such as the "Brightness Walk" activity and the "Luban Workshop" have effectively promoted the improvement of people's livelihood in African countries.
The Belt and Road cooperation between China and Latin America and the Caribbean has gained strong momentum
The relevant person in charge of the National Development and Reform Commission said that among the 26 countries that have diplomatic relations between China and Latin America and the Caribbean, 22 countries have joined the Belt and Road Initiative, and the cooperation between China and Latin America and the Caribbean has shown a strong momentum of development.
The person in charge said that China and Latin American and Caribbean countries continue to promote the "four-in-one" interconnection of land, sea, space and network, and have successfully built a number of landmark projects such as the North-South Highway in Jamaica and the Chancay Port in Peru.
At the same time, the level of unimpeded trade has been continuously improved. China's trade in goods with Latin American and Caribbean countries has increased from US$261.39 billion in 2013 to US$485.79 billion in 2022, with an average annual growth rate of 7.1%, and China has become a major trading partner of more than 10 Latin American and Caribbean countries. By the end of 2022, China's stock of direct investment in Latin American and Caribbean countries reached US$596.15 billion. Seven Latin American and Caribbean countries, including Brazil, Peru, Venezuela, Chile, Bolivia, Argentina and Ecuador, have joined the Asian Infrastructure Investment Bank.
China has formed about 180 pairs of sister city relations with 17 Latin American and Caribbean countries, and the frequency and number of students from China and Latin America have been increasing.
[Policy "combination punch" to release the potential of economic growth]
The People's Bank of China conducts reverse repo and medium-term lending facility operations
Today, the People's Bank of China carries out open market reverse repo operations and medium-term lending facility (MLF) operations to maintain reasonable and sufficient liquidity in the banking system.
Today, the website of the People's Bank of China announced that in order to maintain reasonable and sufficient liquidity in the banking system, hedge the impact of short-term factors such as government bond issuance and payment, and appropriately supply medium and long-term base money, the People's Bank of China launched a 50 billion yuan open market reverse repurchase operation and a 1.45 trillion yuan medium-term lending facility (MLF) operation on December 15, 2023, and the winning interest rate was the same as before.
As 197 billion yuan of reverse repurchase and 650 billion yuan of medium-term lending facility (MLF) expire today, this means that the medium-term lending facility (MLF) will continue to make a net investment of 800 billion yuan, a new high in the year.
The reporter learned from the People's Bank of China that since the beginning of this year, the medium-term lending facility (MLF) has been renewed month by month, with a cumulative increase of more than 1.7 trillion yuan in the first 11 months, which strongly supports reasonable and abundant liquidity.
The State Administration of Foreign Exchange (SAFE) has expanded the pilot program for high-level opening-up of cross-border trade and investment
The State Administration of Foreign Exchange (SAFE) today expanded the pilot program for high-level opening-up of cross-border trade and investment to Shanghai, Jiangsu Province, Guangdong Province, Beijing Municipality, Zhejiang Province and Hainan Province, with specific measures including eight measures to facilitate the receipt and payment of foreign exchange funds under the current account and exemption of registration for domestic reinvestment of foreign-invested enterprises, which will facilitate more business entities to handle cross-border trade and investment business in compliance with regulations.
The Hong Kong-Zhuhai-Macao Bridge was officially opened for trial operation
Today (December 15) is the first day of the trial operation of the Hong Kong-Zhuhai-Macao Bridge, and more than 800 tourists have passed the border inspection and customs departments to visit the bridge. At present, the bridge tour must be in the form of group tours, group entry and group exit, a total of two types of personnel are open: one is the mainland residents holding a valid resident identity card, and the other is the Hong Kong and Macao residents who have entered the mainland and hold a valid mainland travel permit for Hong Kong and Macao residents.
Editor: Wu Jiahong
Source: CCTV