NEWS
Highlights of China's Economic Highlights in 2017 A big step forward
Source: | Author:pmo962398 | Publish time: 2018-01-25 | 545 Views | Share:
The 19th National Congress of the Communist Party made it clear that our economy has shifted from a period of rapid growth to a period of high-quality development. The year 2017 is an important year for implementing the "13th Five-Year Plan" and a deepening year for the supply-side structural reforms. It can be said that the biggest highlight of our economy in 2017 is that the trend of transformation and development has gradually stabilized and a big step forward in high-quality development has taken place.
Economic growth exceeded expectations, laying a solid foundation for winning a comprehensive and well-to-do society. In 2017, China's gross domestic product grew by 6.9%. Its growth rate is still at the forefront of the world's major economies, significantly higher than that of the developed economies such as the United States, the European Union, Germany, the United Kingdom and Japan, but also higher than those emerging economies such as India, Indonesia and Turkey Market countries. China's annual gross domestic product reached 82.7 trillion yuan. At constant prices, China's GDP in 2017 is equivalent to 4.54 times of that of 2000, far exceeding the target of doubling the GDP by 2020 proposed by the report of the party's 16th National Congress to complete the party's The target set by the 18th National Congress of the Communist Party of China to achieve 83.2% of its GDP target of doubling its GDP in 2020 over the next two years will be achieved as long as the average annual economic growth is above 6.3% over the next three years. In 2017, per capita domestic production Which is equivalent to 4.13 times that of 2000. Three years ahead of schedule, the goal of quadrupling GDP per capita by 2020 from the report of the 17th National Congress of the Communist Party of China has been laid, laying a solid foundation for winning a comprehensive and well-to-do society.
Economic efficiency continued to improve, economic power to speed up the conversion. The level of corporate profits continues to improve, positive changes in quality and efficiency. From January to November 2017, the profit of industrial enterprises above designated size increased by 21.9% over the same period of last year, while the operating profit of service enterprises above the designated size increased by as much as 30.4%. In 2017, the profit of central enterprises exceeded 1.4 trillion yuan for the first time, an increase of 15.2% over the same period of last year. The incremental and growth of benefits are the best in 5 years and play a leading role in deleveraging. By the end of November 2017, the asset-liability ratio of industrial enterprises above designated size was 55.8%, down 0.5 percentage point from the same period of previous year, The quality of economic operation gradually improved. In the meantime, the impetus for economic growth has accelerated the shift. First, consumption plays a major role in stimulating economic growth. The final consumption expenditure in 2017 contributed 58.8% of the GDP growth. Second, investment maintained a steady growth and the structure was further optimized. In 2017, the national investment in fixed assets increased by 7.2% over the same period of the previous year, the investment in infrastructure increased by 19.0%, the investment in high-tech manufacturing increased by 17% over the same period of last year, and the investment in social fields such as healthcare, pension, education, culture and sports increased by 17% . Thirdly, the export structure has been continuously optimized and the main force of export has shifted from labor-intensive enterprises to technology-intensive ones. In 2017, the export of electromechanical products accounted for 58.4% of the total export volume. High-speed railway, marine equipment, nuclear power equipment and satellites have become the new export-oriented industries in China. From these data, the consumption and high-tech industries have become the driving force of China's economic development and have played an increasingly prominent role in stabilizing the macro-economy and improving the well-being of people's livelihood.
Create first-mover advantage in science and technology, accelerate the industrial structure towards high-end. According to the World Intellectual Property Organization Global Innovation Index report, the ranking of China's innovation index rose from 34th in 2012 to 22nd in 2017. In 2017, the number of applications for invention patents in China was 1,382,000, ranking the first in the world. The number of applications for international patent agreements (PCTs) was 51,000. World Intellectual Property Organization Director Francis Gurry said: "China is gradually becoming a global leader in innovation and branding." In the field of advanced science and technology, which is fiercely competitive in various countries of the world today, artificial intelligence has become a parallel person who synchronizes with the United States. According to Elsevier, one of the world's largest literature publishers, among the top 100 artificial intelligence research institutions in 2012-2016, there are 30 in the United States, 15 in China and 1 in Japan. The Chinese Academy of Sciences Papers in this area are cited in the third place in the world. In addition, China has or is pioneering the fields of basic physics, stem cells, nanotechnology, spaceflight, deep ocean, deep ground, supercomputer, world-wide information network, quantum communication and quantum computer, brain science and brain-like research Advantages, the contribution rate of scientific and technological progress rising. With the supportive role of innovation in development significantly enhanced, China's high-end industries accelerated their growth. In 2017, the added value of high-tech industries and equipment manufacturing industry grew by 13.4% and 11.3% respectively, much higher than the industrial enterprises above designated size. "Made in China 2025" has achieved remarkable results. The advanced rail equipment represented by "Renaissance" and the third-generation nuclear power technology represented by "Hualong No.1" have reached the international advanced level and successfully entered into the international high-end market. In 2017, the output of industrial robots in our country exceeded 120,000 sets, up by 68.1% over the same period of previous year, ranking the first in the world in terms of output; the landmark industrial innovation such as the first successful C919 passenger plane continued to emerge, marking that China's manufacturing industry is moving toward the middle and high- Accelerate the process of building a powerful nation to accelerate.
The digital economy accumulates new momentum and creates new digital dividends. Our country has become the largest country in the world for digital subscribers and the largest country in mobile payment. As of June 2017, the number of netizens in China reached 751 million, accounting for one fifth of the total number of Internet users in the world. The Internet penetration rate was 54.3% and the number of mobile Internet users reached 724 million. China has built the world's largest 4G network with an average user experience rate of 13.5 Mbit / s. In 2017, China's global Internet speed rose by more than 50, ranking the 23rd in the world. The accumulation of new kinetic energy in the digital economy has created three major digital dividends: First, create a consumption growth bonus. China's mobile payment transaction has surpassed 81 trillion yuan, ranking the first in the world. In 2017, the online retail sales nationwide reached 7.18 trillion yuan, an increase of 32.2% over the same period of previous year, representing a growth of more than 20 percentage points over the total retail sales of social consumer goods, indicating that the digital economy Greatly stimulate the market consumption. The second is to create a digital economy dividend. In-depth "Internet +" action and national big data strategy, emerging industries driven by digital technologies such as the Internet, cloud computing and big data, have become the new pillar industries of the economy. The third is to create digital employment start-up dividend. Driving a large number of direct employment, driving explosive growth of new consumption patterns such as online medical services, online education and catering take-outs, and becoming a veritable new economic growth point.
Reform of the commercial system to release the system dividend, creating the world's largest "business country." The reform of the commercial system started in 2014 brought a significant institutional dividend to investment and entrepreneurship. As of September 2017, the total number of real enterprises in the country was 29,972,300 with a registered capital of 274.31 trillion yuan, equivalent to 3.4 times of the GDP, already the largest country in the world in industrial capital. Among them, there are actually 26,072,900 private-owned enterprises with a registered capital of 165.38 trillion yuan, accounting for 89.7% and 60.3% of the total number of enterprises and the total registered capital respectively. China has become the largest "business kingdom" in the world and has become the largest "entrepreneurial country" in the world. The excellent business environment and environment for innovation and entrepreneurship have brought about an unprecedented return of overseas students in China. The percentage of returned overseas students who have studied abroad has exceeded 80% and the average annual number has exceeded 400,000. There has also been an unprecedented upsurge of studying in China and studying abroad in China The average annual number of people has exceeded 400,000. The number of experts and technicians visiting China has exceeded 900,000 each year. China is becoming an important country attracting talents in the world. According to a survey conducted by the Pew Research Center in the United States, China is gradually overtaking the United States in the global popularity.
Ensuring and improving people's livelihood in development is one of the fastest-growing countries in the world in creating new jobs and the highest income growth of the residents. Employment is the greatest livelihood. My country has been one of the countries in the world that has created the largest number of new jobs and is one of the few countries that has achieved its full employment goal (unemployment rate below 5%). Since the outbreak of the international financial crisis, the biggest challenge facing the world is the high unemployment rate. At present, the unemployment rate in the world is still around 5.8% and the number of unemployed people exceeds 200 million. From January to October 2017, the number of new jobs in urban areas in China hit 11.91 million, exceeding the target of 11 million or more new jobs by the beginning of the year. The registered urban unemployment rate remained within 4%, in line with the annual control of 4.5% Within the expected goal. Income growth can bring the most real sense of gain to the people. In 2017, the per capita disposable income of our residents actually increased by 7.3%. The per capita disposable income of urban residents and rural residents actually increased by 6.5% and 7.3% respectively. The growth rate of resident income continued to outperform the economic growth. Our country continued to become the world's resident income growth One of the fastest countries. Continue to deepen the reform of the household registration system. Based on the settlement of 16 million people in urban areas in 2016, it is estimated that an additional 13 million people will be added in 2017, and the urbanization rate of the household population will continue to increase.
The remarkable achievement of ecological civilization construction has led to the negative growth of global carbon emissions. Energy-saving and emission reduction targets were achieved. In 2017, energy consumption per unit of GDP dropped by 3.7% year on year, exceeding the binding target of 3.4% for the full year. The discharge of major pollutants continued to decrease. It is estimated that the four major pollutants (chemical oxygen demand , Ammonia nitrogen, sulfur dioxide, nitrogen oxides) year on year decline will exceed the full year binding targets. The production capacity of eco-products has obviously improved. The average growth rate of the output of environmental protection equipment manufacturing industry has reached over 20% in the past five years. In 2017, China's forest coverage rate reached 21.66%, making it one of the fastest growing countries in the world in forest resources. According to the "World Energy Outlook 2017 China Special Report" issued by the International Energy Administration, China's energy structure has gradually shifted to clean power generation, and more and more rely on renewable energy, natural gas and electricity, and coal demand continued to fall. This means that China will enter a green energy era, driving the negative growth of global carbon emissions.
Provide important impetus to the world economic development and play a leading role in the double recovery of world economy and trade. China's economic bright spot is also a bright spot in the world economy. In 2017, China will continue to provide an important impetus to the world economic development and play a leading role in the double recovery of world economy and trade. In 2017, the world economy showed the strongest growth since the outbreak of the international financial crisis and the Chinese economy contributed. The global economic growth rate is expected to rise from 3.1% in 2016 to 3.5% in 2017, and its share of the world's GDP will rise from 14.8% in 2016 to 15.3% in 2017. The contribution to world economic growth Will reach about 35%. In 2017, the total volume of China's import and export increased by 14.2% over the previous year, reversing the two consecutive years of decline. It is estimated that the share of world import and export of goods will increase from 11.45% in 2016 to 12.71 in 2017 %, The contribution to world trade growth will be as high as 45%, driving the global import and export market to resume growth.
China is stable, the world is stable; China is advanced and the world is advanced; China is good and the world is good. China has never approached the center of the world stage as it is today and has never been the anchor of the source and stability of the world's economic growth as it is today. The Central Economic Work Conference held at the end of last year made it clear that the promotion of high-quality development is a fundamental requirement for determining the development train of thought, formulating economic policies and implementing macro-control at a current and future time. In 2017, the Chinese economy has taken a solid step toward high-quality development.