We must look at the total, but also the quality

Updated: October 20, 2015  Views: 30

For in the 'three overlay' special period Chinese economy is indeed no longer the 'speed theory of development' can not just stare at the expansion of the number and size, and to establish in order to enhance the development of quality-oriented objectives, quality indicators to push down the growth rate, hold employment, livelihood baseline income and employment can be sufficient, profitable business, finance to increase, improve people's livelihood, the risk can be controlled, environmentally sustainable resources, and constantly develop new kinetic energy savings

National Bureau of Statistics recently released data show that the first three quarters of this year, China's GDP 48.7774 trillion yuan, calculated at comparable prices, an increase of 6.9%, which is below the 7% GDP growth for the first time since the second quarter of 2009. Under the global economic recovery was significantly less than expected, downward pressure on the domestic economy in a difficult situation, China's economy to achieve this growth rate, and the main economic indicators run in a reasonable range, the hard-won achievements.

From the total point of view, China's economy continues to enter a new stage, ranking second in the world. By 2014, China's economic aggregate had exceeded 60 trillion yuan mark for the first three quarters of this year GDP growth of 6.9%, although lower than level of growth in previous years, but this is an increase in the $ 10 trillion economy on the basis of scale achieved, the corresponding constant price increment scale, has been far greater than the level of the 1990s of the last century, it is also greater than the previous the size of more than 7% annual growth.

Observe the operation situation of an economy, only to see the size and the total amount is not enough. For a long time, China's economic and social development over-reliance on large consumption of resources and energy, the extensive mode of economic development in driving the rapid economic and social development It also gradually exposed many problems and contradictions, especially in the new economic normality, growth and efficiency, growth and ecological environment and other issues become more prominent. Observation of Chinese economy under the new normal, not only depends on its economic growth the number of indicators, taking into consideration its economic growth rate and size, should be concerned about the quality and effectiveness indicators, to focus on its subsequent economic development momentum.

The data from the third quarter, the quality and efficiency of China's economic development is increasing steadily, the internal driving force for economic development and further enhance toughness. For example, the first three quarters, China's tertiary industry grew by 8.4%, higher than the industry a 2.4 percent share of GDP reached 51.4%, higher than the same period last year 2.3 percentage points from the internal industrial structure, from January to September of high-tech industrial added value growth rate still reached 10.4%, compared with the above-scale industrial growth rate It was up 4.2 percent.

Again, in terms of energy saving, the first three quarters, China's per unit GDP energy consumption fell 5.7% in the field of new energy photovoltaic power generation, wind power installed capacity was added grew by 100% and 48%, and scale are the highest in the world.

Enhance the quality and efficiency of economic development, the ultimate goal is to get a sense of enhanced masses, so that the people share the achievements of reform and development, access to real benefits. According to the integration of urban and rural household survey, the country in the first three quarters of residents per capita disposable income 16,367 yuan, up 9.2% nominal growth after deducting price factors, the actual growth of 7.7%, up 0.1 percentage points over the first half.

Increase income, but also help improve the quality of economic development in the first three quarters, China's domestic structure was further improved, final consumption expenditure contribution to GDP growth rate of 58.4 percent, 9.3 percentage point increase over the previous year.

These indicators suggest that the current pace of development of China's economy, although break '7', but the quality of economic development on a higher level, the ability to adapt to new economic normality is increasing due to changes in the environment, structural adjustment, the kinetic energy conversion, as long as the macro-economic to maintain the overall running on a reasonable range, even if the growth rate high and low, the development has ups and downs, is a normal phenomenon, not worth the fuss, not to panic. Look out of the total mass, out of trend indicators, we have reason to China confident about the prospects for sustainable economic development.

For in the 'three overlay' special period Chinese economy is indeed no longer the 'speed theory of development' can not just stare at the expansion of the number and size, and to establish in order to enhance the development of quality-oriented objectives, quality indicators to push down the growth rate, hold employment, livelihood baseline income and employment can be sufficient, profitable business, finance to increase, improve people's livelihood, the risk can be controlled, environmentally sustainable resources, and constantly develop new kinetic energy savings, improve quality and efficiency of economic development, so that the long-term economic and social development of a more robust and sustainable.


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