In the first half of 2021, the GDP increased by 12.7% year-on-year, and the main macro indicators were in a reasonable range;

　　The average unemployment rate in urban surveys across the country is 5.2%, and the employment situation is generally stable;

　　The contribution rate of final consumption expenditure to economic growth reached 61.7%, and the driving effect of consumption has increased;

　　The added value of the high-tech manufacturing industry above designated size increased by an average of 13.2% in two years, with rapid growth of new kinetic energy;

　　……

　　 A series of data show that my country's economy is stabilizing and strengthening, and stabilizing and improving.

　　 Chess over the middle game to observe the trend. In the second half of the year, my country will continue to firmly grasp the strategic basis of expanding domestic demand, accelerate investment in key areas of major projects, accelerate the release of consumption growth potential, and continue to provide strong support for the steady progress of China's economy.

　　 The pace of recovery is accelerating

　　Domestic demand contributes over 80% of the economy

　　 In August, a number of major projects are stepping up construction across the country, and construction sites are surging everywhere.

　　In the West Coast New District of Qingdao, the first phase of the China Supply and Marketing Northern International Smart Logistics Port Project has been put into operation. It will build the largest aquatic product distribution center in northern China with the business philosophy of "smart agricultural batching and digital market".

　　In Hainan, the commercial center of the Haikou International Duty Free City project has completed the main structure and floor deck construction.

　　 Wuhan, which has just handed over its excellent "mid-term rolls", is launching a new offensive in project construction towards the "wonderful year". A few days ago, major projects in the third quarter of Wuhan started construction intensively, with a total investment of 161 projects reaching 215.8 billion yuan. The rapid momentum of newly started projects in the first half of the year has been maintained.

　　 On August 5, major projects in Gansu Province started in the second half of the year. In the first half of the year, Gansu's 208 provincial major projects have completed a total of 87.674 billion yuan of investment, an increase of 35.87% over the same period in 2020. A few days ago, 720 major projects in Shandong Province also ushered in concentrated construction, with a total investment of 432.8 billion yuan, involving advanced manufacturing, digital economy, rural revitalization, ecological environmental protection, and people's livelihood security.

　　 To increase stamina, make up for shortcomings, and promote vitality, a number of major engineering projects identified in the "14th Five-Year Plan" have been deployed and advanced one after another, injecting impetus into the continuous progress of China's economy.

Looking back at the first half of the year, my country’s independent third-generation nuclear power unit "Hualong No. 1" was put into commercial operation, my country’s first self-operated exploration and development of the first ultra-deep water gas field, “Deep Sea No. 1” was officially put into operation, and the world’s second largest hydropower station-Baihetan Hydropower Station The first batch of units were put into operation for power generation...

　　In the first half of the year, my country’s investment in fixed assets increased by 12.6% year-on-year, with an average growth rate of 4.4% in two years. In particular, investment in new kinetic energy and short-board investment increased rapidly, and investment in high-tech industries increased by 23.5%.

　　Driven by large projects, the investment growth momentum is strong. Consumption, the other wing of domestic demand, is also continuing to recover.

　　In the first half of the year, the sales of duty-free goods on Hainan’s outlying islands reached 30.26 billion yuan, an increase of 2.2 times year-on-year, driving Hainan’s total retail sales of consumer goods by 23.5 percentage points. The latest research report released by McKinsey & Company predicts that Hainan's duty-free market is expected to grow 10 times from 2020 to 2025, and it will become one of the world's largest travel retail markets.

　　 Hainan has become a window for observing my country's consumption growth potential. In the first half of the year, my country’s total retail sales of consumer goods reached 21.2 trillion yuan, an increase of 23% year-on-year, and an average growth rate of 4.4% over the two years. The contribution rate of final consumption expenditure to economic growth reached 61.7%, and the “ballast stone” played a prominent role. Sales of automobiles, home appliances and other major categories of goods rebounded, and online shopping continued to be hot. Chinese-made and domestic brands have become the first choice of nearly 70% of Chinese consumers.

　　The potential of the strong domestic market has been continuously released, and the contribution rate of domestic demand to economic growth has reached 80.9%, which has become a powerful driving force supporting the sustained recovery of the Chinese economy. The pace of China's economy moving forward steadily has become firmer and stronger, and the momentum of "stability" has been further strengthened.

      Data shows that in the first half of the year, China's GDP grew by 12.7% year-on-year, and the main macro indicators were within a reasonable range; the nationwide surveyed unemployment rate averaged 5.2%, and the employment situation was generally stable; the contribution rate of final consumption expenditure to economic growth reached 61.7% , The consumption-stimulating role has been enhanced; the added value of the high-tech manufacturing industry above designated size has increased by 13.2% on average in two years, and the new momentum has grown rapidly...The economy has continued to recover steadily and stabilized and improved, which is mainly reflected in the continuous recovery of economic growth, economic structural adjustment and optimization, Innovation momentum continues to increase, overall quality and efficiency are improved, and people's livelihood security continues to improve.

　　 High-level openness goes further

　　 China's strong market attractiveness increases

　　 In Baoshan District, Shanghai, a hydrogen production station with a high-purity hydrogen output of 6000 standard cubic meters per hour has started construction. This is the advanced hydrogen purification technology and overall solution provided by Honeywell for Shanghai Bao Hydrogen Gas Industry Co., Ltd. It is planned to be put into operation in 2022.

　　 A number of iconic large projects such as Guangzhou Hyundai Motor Hydrogen Fuel Cell, Chongqing Bosch Hydrogen Power System, Hangzhou Thermo Fisher Scientific, and Shanghai Legoland have landed. According to data from the Ministry of Commerce, in the first half of the year, there were 602 large projects with foreign investment of more than 100 million US dollars in my country's newly established and capital increase contracts, an increase of 81.3% year-on-year and an increase of 76% year-on-year.

　　 China’s economy has shown steady strengthening and steady improvement, and its determination to promote high-level opening up to the outside world has provided support for the global economic rebound. The international community has praised one after another, and foreign-funded enterprises have also used practical actions to cast a vote of confidence.

　　 Since the beginning of this year, the global economy has gradually recovered, but the recovery of various economies has been uneven. Experts pointed out that after becoming the only major economy that achieved positive growth last year, China's economy continued to lead the world in the first half of this year. In the new issue of the World Bank's Global Economic Outlook released in June, the forecast for global economic growth in 2021 was raised to 5.6%, and the forecast for China's economic growth was raised to 8.5%.

　　 Bo Haotian, President and CEO of Air Liquide (China) Investment Co., Ltd. believes that China is the world's first major economy to resume growth during the epidemic, and Air Liquide has benefited from this and achieved very good performance in the Chinese market. "The boost in demand in the Chinese market has played a significant role in promoting the Group's business in the Asia Pacific."

　　 Intel’s global vice president and president of China, Yang Xu, said that the Chinese market is huge and consumers are the most tolerant of innovative products. The technology and products of multinational corporations and the advantages of China’s scale are conducive to the formation of a larger market. Over the past 40 years of reform and opening up, China has built a sound infrastructure, created a complete industrial chain, and cultivated a large number of skilled industrial talents; the government has vigorously supported innovation, and industrial innovation is accelerating; The service is full of enthusiasm, which has further strengthened the confidence of multinational companies to develop in China.

　　 Many executives of multinational companies pointed out that the important factor that attracts them to invest in China is the huge development potential of China's domestic market.

       Experts pointed out that to build a new development pattern and implement a high-level opening to the outside world, it is necessary to have a strong domestic economic cycle system and a stable basic disk, and to form a strong attraction to global factor resources and a strong competitiveness in fierce international competition. , A strong driving force in the allocation of global resources.

　　 China has a population of more than 1.4 billion and a middle-income group of more than 400 million. It is the largest market with the greatest potential in the world. The formation of a strong domestic market and the establishment of a new development pattern are a major strategic arrangement of the "14th Five-Year Plan" and are of great significance to the second centenary goal. Zhang Liqun, a researcher at the Macroeconomic Research Department of the Development Research Center of the State Council, said that China is a super-large-scale economy with long-term high growth and is an important source of power for world economic growth. The Chinese economy has very typical characteristics of a major country economy, that is, the integrity of the economic system is strong and the ability to self-circulate is strong. Relying on the docking between my country's production capacity and the domestic market to fully unblock the domestic economic cycle is conducive to driving the continuous recovery of China's economy, and it also plays an important role in promoting the development of the world economy.

　　 Favorable factors continue to accumulate

　　 China's economy is moving forward steadily

　　 "Adhere to the strategic basis of expanding domestic demand", the Central Economic Work Conference at the end of 2020 will make this a key task in 2021. This year's government work report further made arrangements and proposed to focus on improving people's livelihood to expand demand, promote the effective combination of consumption and investment, and achieve a higher level of dynamic balance between supply and demand.

        The Politburo meeting of the CPC Central Committee held on July 30 pointed out that it is necessary to tap the potential of the domestic market, support the accelerated development of new energy vehicles, accelerate the integration of the county and rural e-commerce system and express logistics distribution system, and accelerate the promotion of major engineering projects in the "14th Five-Year Plan" Construction, and guide enterprises to increase investment in technological transformation.

　　The roadmap for building a strong domestic market in the new phase is gradually improved. At the policy level, focusing on the strategic basis of expanding domestic demand, several ministries and commissions including the National Development and Reform Commission, the Ministry of Finance, the Ministry of Commerce, and the Ministry of Industry and Information Technology have launched a package of policy measures to continue to increase the potential for domestic demand.

　　Promote the implementation of more major engineering projects. Promote major projects for coordinated regional development, promote the construction of "two new and one heavy", and implement a number of major projects in transportation, energy, and water conservancy. This year, it is planned to arrange 3.65 trillion yuan in special bonds for local governments to optimize the use of bond funds and give priority to supporting projects under construction. 610 billion yuan is allocated for investment in the central budget.

　　To stimulate new consumption, rural consumption potential. Promote the accelerated development of new types of consumption, support and encourage traditional commercial enterprises to accelerate digital and intelligent transformation, and promote a wider and deeper integration of online and offline. Support the development of consumer-oriented electronic products such as ultra-high-definition video terminals, virtual reality/augmented reality devices, and wearable devices. Strengthen the construction of the county commercial system to promote rural consumption, and implement the "County Commercial Construction Action" to promote both the increase of farmers' income and rural consumption.

　　 At present, the endogenous driving force of my country's economy is gradually increasing, the confidence of market entities is continuously increasing, and the factors supporting the further recovery and improvement of the economy are gradually increasing.

　　 "The economy continued to recover steadily in the first half of this year, and the supply-demand cycle was smooth, laying a good foundation for economic operations in the second half of the year." said Liu Aihua, spokesperson for the National Bureau of Statistics and Director of the National Economic Comprehensive Statistics Department.

        Liu Aihua pointed out that while economic fundamentals, supply and demand are steadily improving, macro policies continue to support the real economy, and policies to support small and micro enterprises and individual industrial and commercial households are continuously being implemented. This is also conducive to Enterprises relieve difficulties and continue to inject vitality into the market. "In terms of overall fundamentals, from the perspective of supply and demand cycles, market confidence, and domestic demand continued to increase, China's economy is expected to maintain a sustained and stable recovery in the second half of the year."

       Experts in the industry pointed out that the fundamentals of my country’s economic stability and long-term improvement remain unchanged. The basic characteristics of my country’s economic potential, great resilience, strong vitality, large room for maneuver, and multiple policy tools have not changed. The many aspects of my country’s development have not changed. The advantages and conditions have not changed.

　　 The current global epidemic is still evolving, the external environment is becoming more complex and severe, and the domestic economic recovery is still unstable and uneven. To accurately grasp the new changes and challenges of the development environment, my country's economy faces many difficulties and challenges in the recovery and development, but it has greater potential and more advantages. In the second half of the year, my country will continue to firmly grasp the strategic basis of expanding domestic demand, accelerate investment in key areas of major projects, and accelerate the release of consumption growth potential. As the policy effects continue to be effective, it is expected that domestic demand will continue to recover, which will continue to provide strong support for China's economy to stabilize and improve. Based on the good momentum in the first half of the year, my country is able to consolidate the results of the overall planning of epidemic prevention and control and economic and social development, maintain economic operations within a reasonable range, and promote high-quality development.