Su Wei, Deputy Secretary-General of the National Development and Reform Commission: China's steady economic recovery has brought new opportunities for China-Japan economic and trade cooperation

Beijing, October 26 (Reporter Huang Yuling) On the 26th, at the 17th "Beijing-Tokyo Forum", Su Wei, deputy secretary general of the National Development and Reform Commission, gave a brief introduction to the current trend of China's economy and the prospects for future Sino-Japanese economic and trade cooperation.

Su Wei, deputy secretary general of the National Development and Reform Commission, delivered a speech (Photo by Huang Yuling, reporter of the Central Broadcasting Network)

Su Wei introduced that in the first three quarters, China's economic situation continued to recover and develop, despite the epidemic, the gross domestic product increased by 9.8% year-on-year, of which the third quarter increased by 4.9% year-on-year. The Consumer Price Index rose 0.6% year-on-year, with a 0.8% increase in the third quarter. The number of new jobs in cities and towns reached 10.45 million, and the urban survey unemployment rate was roughly 4.9% in September, and the average was 5.2% in January-September. Foreign exchange reserves remained at $3.2 trillion at the end of September. From the perspective of production supply, the situation of agricultural production is relatively good. The growth of industry and service industries is also generally stable. The production of important agricultural products such as grain is stable and improving, summer grain and early rice have achieved increased production, the output of pigs, cattle, sheep and poultry meat is also growing, and the supply of eggs, milk, vegetables and fruits in the market is very sufficient.

Su Wei said, "Next, there will be many opportunities and opportunities for economic and social development. From the perspective of demand, with the acceleration of the construction of a new development pattern and the in-depth promotion of the strategy of expanding domestic demand, China's economic cycle will be further smoothed, and the demand potential will continue to be released. From the supply side, with the deepening of supply-side structural reform, some bottlenecks affecting high-quality supply will also be accelerated, supply quality and supply efficiency will be further improved, and supply growth will have strong support. Overall, with the in-depth implementation of the 14th Five-Year Plan and the continuous release of cross-cycle adjustment policy effects, we are fully capable of achieving more than 6% of this year's expected economic growth target, and have the confidence, ability and conditions to promote stable, healthy and sustainable economic development. ”

Su Wei said: "China's steady economic recovery has also brought new opportunities for Sino-Japanese economic and trade cooperation, and the door of China's opening up will not be closed, but will only open wider and wider." The Chinese market has a vast space and strong growth potential, China's ties with the world economy will be closer, and the market opportunities for other countries will be broader. During the 14th Five-Year Plan period, we will focus on building a higher level of open economic system in the fields of investment, trade, finance, and innovation that is more comprehensively and deeply connected with international rules. Promote more adequate and effective fair competition among all kinds of market players, and make commodity elements more safe, orderly, and free flow. We also very much welcome Japanese enterprises, as well as enterprises from all over the world, including Japanese enterprises, to participate more in China's opening up to the outside world, expand bilateral and multilateral economic and trade exchanges, and share China's development achievements and growth opportunities. ”