In recent discussions, ChinaEconomyBecome a sensitive topic, but we have to see the shining point in it, for ChinaEconomyCheer up, pass on confidence. According to the latest data released by the National Bureau of Statistics, the country's industries above designated size in NovemberCorporate profitsA year-on-year increase of 295%, and achieved positive growth for 4 consecutive months. These data are a positive signal that ChinaThe real economyContinued recovery. Next, we will look at China from a different perspectiveEconomyand look forward to future developments.
IndustrialCorporate profitsThe growth is ChinaThe real economyThe embodiment of vitality, tooEconomyAn important indicator of recovery. November IndustrialCorporate profitsA year-on-year increase of 295%, exceeding market expectations. This increase in growth rate shows that the orders received by enterprises are profitable, which stimulates entrepreneurs to expand their business and increase investment. This rebound is mainly due to the recovery of domestic and foreign demand and the support policies of the first country.
On the side of domestic and foreign demand,Ministry of CommerceThe spokesperson said on December 15 that China's cargo** has shown signs of recovery in recent months, and the volume of cargo** has been increasing. Especially since August, the export volume has turned from a decline to an increase, and the export volume in November increased by 12%, reaching the highest peak since the second quarter. As the world's factory, China's export growth is not easy, especially globallyEconomyAgainst the backdrop of a recession, this growth is all the more valuable. An increase in orders as wellCorporate profitsgrowth, shownThe real economyRecovering is underway.
In addition, the e-commerce industry is developing well in ChinaThe real economyAn important factor in recovery. In recent years, China's cross-border e-commerce has developed rapidly, and the import and export value of cross-border e-commerce in the first three quarters reached 17 trillion yuan, driving the growth rate of foreign trade exports by 1%. This move is essentially a dimensionality reduction blow to foreign markets by Chinese e-commerce and the opening of foreign markets. In addition,Ministry of CommerceThe support for the introduction and utilization of foreign investment was also mentioned, and the growth rate of Canadian investment in China was 1103%, and the growth of British and French investment in China is also higher. These investments are mainly used to build factories and invest in real enterprises, which has played an important role in supporting the development of China's manufacturing industry.
China ** in recent years has taken a seriesEconomygrowth measures, of which tax and fee reductions are the most obvious. This year, China has launched more than 50 tax and fee reduction measures, which have greatly reduced the burden on enterprises and reduced costs. According to statistics, the first 10 months of this year have been reducedTaxes1.66 trillion yuan, these were originally the cost of enterprises, reduced after the enterpriseProfitsThe rate has been increased. In addition, ** also provides a variety of financial support, which is given according to different industries.
* Also increasedPrivate economyThe strength of support. Private economyIt's ChinaEconomyThe important components of its development, which are guaranteed for employment and income, for:EconomyEnergize. ** Introduced to promotePrivate economy25 measures for the development of loans, by increasing the intensity of loans, providingFinancial servicesand other ways to supportPrivate economydevelopment. These initiatives are designed to inspire:Private economyto provide it with more funding and loan support. ** support measures were givenPrivate economyMore confidence and motivation to push furtherThe real economyof resuscitation.
One of the major issues faced by the operation of physical enterprises is the high interest rate on loans and the interest on debt. In recent years, the People's Bank of China has stepped up its support for micro, small and medium-sized enterprisesRRR cutCut interest rates to stimulateEconomyto provide financial support. Judging from the data of recent years, 2020 began China's interest rate cut cycle, and the central bank has carried out comprehensive measures many timesRRR cutto give blood to the market. Facedomestic economysituation, the central bank began to increase the intensity of water release, put it for 14 daysReverse repo1 trillion yuan of funds to meet the liquidity needs at the end of the year. The purpose of interest rate reduction and water release is to reduce the production and operating costs of enterprises and improve enterprisesProfitsRate. Judging from the performance of the data in the last 4 months, the performance of physical enterprisesProfits**, it shows that the measures to reduce costs and increase efficiency are effective. Therefore, the reason why the central bank keeps cutting interest rates is to inject more liquidity into the market and avoid ChinaEconomyThe risk of falling into deflation and "quasi-deflation".
InMacroAt the level, ChinaEconomyOne of the important advantages of breaking through the dilemma of development is China's positioning as the "world's factory". With a large manufacturing base and strong industrial chains, China is one of the world's largest producers and exporters of goods. The development of China's manufacturing industry has shifted from low-end manufacturing to mid-to-high-end manufacturing, and has made important progress in technological innovation and product upgrading. This manufacturing layout and upgrading for ChinaEconomyThe development of the country is crucial.
On the other hand, China is promoting new infrastructure andDigital economydevelopment, by pushingCloud computingInternet of ThingsThe application of artificial intelligence and other technologies will accelerate the digital transformation and upgrading of traditional industries, thereby improving industrial efficiency and competitiveness. The development of these emerging industries will be for ChinaEconomyInject new impetus and vitality.
In a word, ChinaEconomyThe rebound is inseparableThe real economyrecovery and policy support. Corporate profitsThe growth and the increase in orders are indicatedThe real economyIt's picking up. **Take tax and fee reductions, supportPrivate economy, interest rate cuts and other measuresThe real economyStrong support was provided. In addition, China is promoting new infrastructure andDigital economydevelopment, forEconomyThe transformation and upgrading has provided new impetus. ChinaEconomyThere are some challenges, but there are also many opportunities and potentials. We should see ChinaEconomyThe positive factors for the continued recovery are ChinaEconomyDevelopment cheers up and conveys confidence.