the State Council at 10 a.m. on the 15th, Fu Linghui, spokesman of the National Bureau of Statistics and director of the National Economic Comprehensive Statistics Division, introduced the operation of the national economy in August 2023.
In August, under the strong leadership of the Party Central Committee with Comrade Xi Jinping as its core, all departments in various regions resolutely implemented the decision-making and deployment of the Party Central Committee and the State Council, adhered to the general tone of steady progress, completely, accurately and comprehensively implemented the new development concept, accelerated the construction of a new development pattern, and strived to promote high-quality development and precise and effective implementation. Efforts have been made to stabilize growth, employment and risk prevention, accelerate the recovery of the national economy, steadily increase production supply, gradually improve market demand, generally stabilize employment prices, and make new progress in high-quality development.
First, industrial production accelerated and the growth rate of equipment manufacturing industry rebounded
. In August, the value added of industries above the national scale increased by 4.5% year-on-year, 0.8 percentage points faster than last month; In terms of three categories, the added value of mining industry increased by 2.3%, manufacturing industry by 5.4%, electricity, heat, gas and water production and supply industry by 0.4%, and equipment manufacturing industry by 5.4%, 2.1 percentage points faster than last month; The value-added of high-tech manufacturing industry increased by 2.9%, accelerating the growth. 2. In terms of economic types, the value-added of state-owned holding enterprises increased by 5.2%, joint-stock enterprises increased by 5.7%, and foreign and Hong Kong, Macao and Taiwan-invested enterprises increased by 0.8%; Growth of private enterprises 3. In terms of products, the output of solar cells, service robots and optoelectronic devices increased by 77.8%, 73.7% and 29. From January to August, the value added of industries above the national scale increased by 3. In August, the purchasing manager index of manufacturing industry was 49.7%, up 0.4 percentage points from the previous month;
In August, the national service industry production index increased by 6.8% year-on-year, faster than previous month. 1. In terms of industries, accommodation and catering, information transmission, software and information technology services. Transportation, warehousing and postal services, leasing and business services, financial industry production index increased by 16.1%, 11.5%, 9.0%, 8.1% and 7.1-August respectively, the national service industry production index increased by 8.1-July year-on-year, and the business income of service enterprises above the scale increased by 7.8-August year-on-year. The business activity index of the service industry was 50.5%, and the business activity expectation index was 57.
Third, the recovery of market sales was accelerated, and service consumption grew rapidly
. In August, the total retail sales of social consumer goods was 3793.3 billion yuan, an increase of 4.6% over the same period last year, an increase of 2.1 percentage points over the previous month; According to the location of business units, the retail sales of consumer goods in cities and towns were 3297.4 billion yuan, an increase of 4.4% over the same period last year; the retail sales of consumer goods in rural areas were 495.9 billion yuan, an increase of 6. According to the types of consumption, the retail sales of commodities were 3372.1 billion yuan, an increase of 3.7%; Food and beverage revenue was 421.2 billion yuan, an increase of 12. Among the retail sales of commodities above designated size, the retail sales of cosmetics, communication equipment, gold, silver and jewelry, and furniture increased by 9.7%, 8.5%, 7.2%, and 4. From January to August, the total retail sales of social consumer goods was 302.81 billion yuan. Year-on-year growth 7. The national online retail sales amounted to 9538.7 billion yuan, an increase of 12. Among them, the online retail sales of physical goods amounted to 7982.1 billion yuan, an increase of 9.5%, accounting for 26% of the total retail sales of social consumer goods. From January to August, the retail sales of services increased by 19.
4. Investment in high-tech industries maintained a relatively rapid growth
from January to August, and the national fixed assets investment (excluding farmers) was 3270.42 billion yuan, an increase of 3.2% over the same period last year, which was 0% lower than that in January-July. Investment in real estate development declined 8. The sales area of commercial housing in China was 739.49 million square meters, down 7.1% from the same period last year; Commercial housing sales amounted to 7815.8 billion yuan, down 3. In terms of industries, investment in the primary industry decreased by 1.3%, investment in the secondary industry increased by 8.8%, investment in the tertiary industry increased by 0. Private investment decreased by 0. Investment in high-tech industries increased by 11.3%. Among them, investment in high-tech manufacturing and high-tech services increased by 11.2% and 11% respectively. In high-tech manufacturing, investment in medical equipment and instrumentation manufacturing, electronic and communication equipment manufacturing increased by 17.5% and 12.8% respectively; In the high-tech service industry, the investment in the transformation service industry of scientific and technological achievements and the professional and technical service industry increased by 42.1% and 28. In August, the investment in fixed assets (excluding farmers) increased by 0.
5. The decline in imports and exports of goods narrowed year-on-year, and the trade structure continued to optimize
in August. The total import and export volume of goods was 3,588.7 billion yuan, down 2.5% from the same period last year, and the decline was 5% narrower than that of the previous month. Among them, the export volume was 20384 billion yuan, down 3.2%, and the import volume was 1,550.4 billion yuan, down 1. The trade surplus was 488 billion yuan. From January to August, the total volume of imports and exports of goods was 2,708.33 billion yuan, down by 0. Among them, the 15466 of exports was 700 million yuan, up by 0.8%; Imports of 11616.6 billion yuan, down 1.1-August, general trade imports and exports increased by 1.7% year-on-year, accounting for 65.4% of the total imports and exports, an increase over the same period last year. 1. Private enterprises imports and exports increased by 6.0%, accounting for 52.9% of the total imports and exports, an increase over the same period last year. 3. Mechanical and electrical products exports increased by 3.6%. The
employment situation is generally stable, and the surveyed urban unemployment rate has declined
. In August, the national surveyed urban unemployment rate was 5.2%, down 0 from the previous month. The unemployment rate of the local household registration labor force was 5.3%; The unemployment rate in the survey of migrant household registration labor force was 4.8%, of which the unemployment rate in the survey of migrant agricultural household registration labor force was 4.31, and the surveyed urban unemployment rate in major cities was 5.3%, down 0 from the previous month.
The year-on-year decline in industrial producer prices narrowed
in August, with the national consumer price index (CPI) rising by 0.1% year-on-year and falling by 0.3% last month; In terms of categories, food, tobacco and alcohol prices fell by 0.5%, clothing prices rose by 1.1%, housing prices rose by 0.1%, daily necessities and services prices fell by 0.5%, transportation and communication prices fell by 2.1%, education, culture and entertainment prices rose by 2.5%, and medical care prices rose by 1.2%. Prices of other goods and services rose 3. Among food, tobacco and alcohol prices, pork prices fell 17.9%, fresh vegetable prices fell 3.3%, grain prices rose 0.6%, and fresh fruit prices rose 1. Consumer prices rose by 0.
In August, producer prices fell by 3. 0% year-on-year, 1.4 percentage points narrower than previous month; month-on-month prices rose by 0. Purchase prices fell by 4. 6% year-on-year, 1.5 percentage points narrower than previous month; From January to August, the ex-factory price and purchase price of industrial producers in China decreased by 3.2% and 3% respectively compared with the same period last year.
Overall, in August, the main indicators improved marginally, the national economy recovered well, the high-quality development was steadily promoted, and the positive factors accumulated. However, we should also see that there are still many uncertainties in external instability, domestic demand is still insufficient, and the foundation for economic recovery still needs to be consolidated. In the next stage, we should adhere to the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, adhere to the general tone of steady progress, focus on the primary task of promoting high-quality development, and speed up the implementation of policies and measures around stable growth, stable employment and risk prevention. Continuously promote the continuous improvement of economic operation, the continuous enhancement of endogenous power, the continuous improvement of social expectations, and the continuous resolution of potential risks, so as to promote the effective improvement of economic quality and the rational growth of quantity.
Real estate investment, sales, Market operation will gradually tend to improve
Fu Linghui said that in August, the real estate market is still in the adjustment stage, and market sales and real estate investment are still declining. In the first eight months, the sales area of commercial housing declined 7. The sales volume of commercial housing declined 3. From the investment point of view, in the first eight months, the investment in real estate development declined 8.
In view of the changes in the real estate market situation in China since this year, in late July, the meeting of the Political Bureau of the Central Committee clearly pointed out that. "In order to adapt to the new situation of great changes in the supply-demand relationship of China's real estate market, we should adjust and optimize the real estate policy in time, make good use of the policy toolbox according to the city, better meet the rigid and improved housing needs of residents, and promote the steady and healthy development of the real estate market.".
Fu Linghui said that recently, various departments in various regions have earnestly implemented the spirit of the meeting of the Political Bureau of the Central Committee, and successively introduced optimization measures such as first-home loans, "recognizing houses but not recognizing loans" and adjusting the minimum down payment ratio of housing loans to support residents'rigid and improved housing demand, which is conducive to boosting market confidence and improving the operating expectations of housing enterprises. With the effectiveness of policies and measures to adjust and optimize the real estate market and the economic recovery, real estate investment, sales and market operation will gradually improve in the next stage.