In 2023, we have experienced a very turbulent year, and it can also be said that it is very tangled, the question is **? Recently, we have been trying to find the answer, what is the blockage point of China's economy in 2023? At present, I see many answers, which are not direct enough or even unreliable. Some people say, is our economy bad in 2023? If you look at the data, GDP grew by 52%，cpi **0.2%, this is a stable economic growth, there is no inflation, quite beautiful, this is the economic achievement that developed countries today dream of. But why do many people feel that the economy is not good, or even feel bad?
The data on GDP growth will not be fake, even if the preliminary statistics are biased and need to be revised later, there will not be too much difference, especially in the past few years, we are still relatively honest, and there have been inaccurate economic data from time to time in previous years. So, it's a lot of tangling. If you want to say that the economy is bad in 2023, it is not objective, and if you want to say that the economy is good, it is not like that. Let's put this matter aside for a while, first explain another thing clearly, and then gradually reveal the answer. Let's look for the question now, what is the blockage point of China's economy in 2023? Some people say that it is due to internal weakness and weak consumption, but this is a cliché, or this is the result of the economy, not the cause. The economic situation in all aspects ultimately led to poor domestic demand and weak consumption, and it was not this reason that led to the bad feeling of the economy.
In other words, it is the economic situation that makes people feel bad, so they adopt a conservative consumption style, and they dare not invest in the future. So in the past few decades, the real estate industry, which has been the most powerful industry we have invested in the future, has also stopped. So what exactly is the answer to this question? Let's break down the relevant data, and the answer to the question will come out automatically. First of all, in 2023, state-owned capital investment and state-owned enterprises will be the pillars, or rather, the true character of risk heroes, and they will play an important role as the mainstay in times of crisis. Let's just name a few numbers to prove it. A few days ago, the National Committee released data that in 2023, the cumulative investment in fixed assets of central enterprises will be as high as 509 trillion yuan, an increase of 114%。Among them, strategic emerging industries have completed investment 218 trillion yuan, a year-on-year increase of 321%。
Second, private enterprises are generally more difficult, and some small and medium-sized enterprises have not even come out of the business predicament from the beginning of the year to the end of the year. The data also easily illustrates the problem. In 2023, the total revenue of the top 500 private enterprises will be 3983 trillion yuan, an increase of only 394%, net profit after tax, 164 trillion yuan, down 486%。In 2023, the number of small and medium-sized industrial enterprises above designated size in the country will increase, with a year-on-year increase of 47%, of which private enterprises account for the majority. In 2023, private investment in fixed assets will be 25,354.4 billion yuan, a year-on-year decrease of 0.4%。In 2023, the PMI, which represents the manufacturing climate index, has been significantly higher than that of small and medium-sized enterprises. For example, the PMI of large enterprises was 50 in December0%, and the PMI for small and medium-sized enterprises is 487% and 473%。This shows that the small and medium-sized manufacturing enterprises, mainly private enterprises, are not prosperous.
Among the famous enterprises, the most contact and feelings of the people are small and medium-sized enterprises and individual industrial and commercial households, especially physical stores, and the rent exchange rate is relatively high, which is the most intuitive feeling of the people to the economy. To a large extent, these private enterprises have solved the employment problem in our country and provided a large number of job opportunities, especially for fresh graduates and new people in society, which is a very important employment channel. Therefore, the real blockage of the economy in 2023 is that the recovery of private enterprises is relatively slow. If private enterprises are in difficulty, it will be difficult to ensure the stability of employees' jobs and incomes, and even layoffs. Jobs don't guarantee stability, let alone income growth.
Ordinary people's jobs are unstable, and their incomes are also unstable, let alone growing, which will directly affect consumption at the end. If private enterprises recover, people's work and income are stable, and even their income increases, confidence will rise, consumption will naturally rise, and a virtuous circle can be formed. Therefore, supporting and accelerating the recovery of private enterprises and stabilizing people's jobs and incomes are the top priorities of the economy in 2024.