Shenzhen TV: The National Bureau of Statistics yesterday released latest economic figures. In the first half of this year, China's GDP grew by 5 percent year-on-year. Analysts say that given the complex and severe external circumstances, the 5 percent growth has not been an easy feat and means more opportunities for the world. What's your comment? 

Lin Jian: Yesterday there was a similar question about China's latest economic figures. The statistics released by competent authorities were quite comprehensive. Anyone who is interested may check out those figures in detail.

In the first half of this year, macro indicators of China's economy generally maintained the momentum of steady growth. China's GDP expanded 5 percent year-on-year and surpassed RMB 60 trillion. The secondary industry and tertiary industry grew 5.8 and 4.6 percent year-on-year respectively, contributing 43.6 and 52.6 percent respectively to economic growth. In terms of the "troika" growth drivers, the contribution of the final consumption expenditure to growth was 60.5 percent, that of the gross capital formation 25.6 percent and that of the net exports of goods and services 13.9 percent. The total value of imports and exports of goods was RMB 21.2 trillion, setting a new record compared with the same periods of previous years. The nationwide per capita disposable income of households registered a real growth of 5.3 percent year-on-year. I believe we all have this feeling that judging by this scorecard, the Chinese economy did a pretty good job in the first half of 2024. Despite the rising instability and uncertainty in the global economy, China's economy withstood the pressure and played an important role as an anchor and source of strength.

Through steady efforts, our economy achieved both expanded output and better quality in the first half of this year. This has laid solid ground for hitting our growth target for the whole year. Our economy continues to benefit from a solid foundation, strong resilience, enormous potential and robust driving forces. The long-term trajectory of our economy remains steady and sound, the momentum of high-quality development remains strong, and our commitment to high-standard opening up remains as solid as ever. With the reassuring performance in the first half of this year and the sustained dynamism generated by deeper reforms on various fronts for high-quality development, we have the determination, capability and conditions to effectively upgrade the growth quality and achieve reasonable expansion of the size of our economy. We have full confidence in the future of China's economy.
__________________
ShanghaiEye focuses on producing top-quality contents.
Nobody knows SHANGHAI better than us.
Please subscribe to us ☻☻☻
__________________
For more stories, please click

■ What's up today in Shanghai, the most updated news of the city
   • Playlist  

■ Amazing Shanghai, exploring the unknown corners of the city, learning the people, food and stories behind them
   • Amazing Shanghai and China 淘宝魔都玩转中国  

■ What Chinese people's lives are like during the post COVID-19 period
   • COVID-19 新冠疫情  

■ Views of foreign scholars on China and its affairs
   • Voices, Let's Listen! 听她他说  

■ Foreign faces in Shanghai, people living in this city sharing their true feelings
   • Playlist  

■ Mini-docs showing why China is the country it is today
   • Stories & Documentary 奇闻逸事记录中国  

__________________
☎Leave us messages if you have any suggestions or questions!
Thank you!