China's GDP growth rate in the first half of the year is higher than the global average, showing strong resilience

The International Monetary Fund raised China’s economic growth forecasts for 2017 for the third time this year; Bloomberg increased China’s economic growth forecasts for the third and fourth quarters by 0.1 percentage points; Standard Chartered Bank raised China’s annual economic growth forecast from 6.6% to 6.8%, and It is expected that China is expected to achieve accelerated growth for the first time since 2010; JPMorgan Chase stated that 'China is expected to continue to be the'stabilizer' of the global economy'... This midsummer, China's economic mid-year answer sheet is very eye-catching, and the GDP growth rate in the first half of the year will continue to be 6.9%. , Which is significantly higher than the global average, and the unexpected economic data has won praise from many international institutions. It is the strong resilience of the Chinese economy to get such a beautiful report card. The strong economic resilience benefits from structural optimization.　　In the first half of the year, the contribution rate of final consumption expenditure to China's economic growth was 63.4%; the contribution rate of service industry growth to the national economic growth was 59.1%. Consumption continues to play a fundamental role in economic growth, and the service industry continues to play the role of the main engine of economic growth, which has become the key to the resilience of the Chinese economy. China's economic growth rate has remained within the range of 6.7% to 6.9% for eight consecutive quarters. Strong economic resilience stems from power conversion. In Shanghai, the streets and lanes can be easily scanned. 13 types of shared bicycles including yellow, orange, green, and white have become the favorites of the people in transportation; in Beijing, the Boston lobster in the 'Hema Xiansheng' e-commerce store has become a hot commodity, the 'cooking area' Lined up; in Shenzhen, the export volume of drones hit a new high of 4.69 billion yuan in half a year, a year-on-year increase of nearly doubled. DJI alone accounted for 70% of the global consumer drone market... Since the beginning of the year, with innovation To drive the implementation of development strategies, new technologies, new industries, and new business formats nurture growth. New momentum represented by strategic new industries and sharing economy continues to grow and become a new force supporting economic growth. Strong economic resilience is inseparable from good fundamentals. As the largest developing country and the second largest economy in the world, China has a solid material foundation, rich human capital, and vast market space. It is in the process of simultaneous development of new industrialization, informatization, urbanization, and agricultural modernization, and will continue to grow its economy. Inject huge energy. Full of resilience and surging momentum, it does not fall from the sky, nor does it rely on 'overwhelming flooding'The key to achieving relatively good results in the first half of the year is that since the 18th National Congress of the Communist Party of China, the Party Central Committee has made a major judgment that economic development has entered a new normal state, solved the problem of how everyone thinks about the economic situation, and put forward a new development concept. In order to guide the policy framework of supply-side structural reform as the main line, while adhering to the general tone of the work of seeking progress while maintaining stability. The trend of economic stability and improvement once again proves that the Party Central Committee’s major judgments on the economic situation and the economic work made Major decisions and major adjustments to the thinking and methods of economic work are completely correct and in line with reality.' said the relevant responsible comrade in the Office of the Central Financial and Economic Leading Group.　　 Reform promotes transformation, activates power, reduces risks, and increases confidence. In the first half of the year, there were about 16,000 newly registered companies nationwide on a daily basis, more than twice the number before the reform of the commercial system, which strongly promoted innovation and entrepreneurship. In the second quarter, the prosperity index of my country's small and micro industrial enterprises was 96.5%, the highest value in two years. In the first half of the year, the value added of the industrial enterprises above designated size increased by 6.9% year-on-year in real terms, setting the best performance in industrial operation since 2015, indicating that the revitalization of the real economy has achieved initial results and the gold content of development is getting higher and higher.　　 'China's economic miracle has not ended, but has entered the second stage.' The judgment of the US 'Forbes' magazine reflects the world's confidence and expectations in China's economy. China's economic train is running steadily on the track. Source: People's Daily