China’S Economy Accelerated In The First Eight Months, With Many Data Showing Impressive Performance
Recently, multiple authoritative departments released statistical data from January to August this year. A number of data performed brilliantly, demonstrating the resilience and vitality of our country's economy.
Data released by the Ministry of Commerce show that from January to August this year, my country’s foreign non-financial direct investment was 585.61 billion yuan, a year-on-year increase of 18.8%. Among them, the non-financial direct investment of Chinese enterprises in the “Belt and Road” countries was 140.37 billion yuan, a year-on-year increase of 22.5%.
Data from the China Electricity Council shows that from January to August this year, electricity consumption in my country's high-tech and equipment manufacturing industries increased by 9.6% year-on-year. Among them, electricity consumption in new energy vehicle manufacturing and photovoltaic equipment and component manufacturing increased significantly. In terms of industries, electricity consumption in the pharmaceutical manufacturing industry increased by 10.3% year-on-year, and electricity consumption in the automobile manufacturing industry increased by 14.7% year-on-year. Among them, electricity consumption in the manufacturing of new energy vehicles increased by 42.2% year-on-year, and electricity consumption in the manufacturing of photovoltaic equipment and components increased by 42.2% year-on-year. Electricity increased by 74.6% year-on-year. In August, the electricity consumption of the whole society was 886.1 billion kilowatt hours, a year-on-year increase of 3.9%.
In addition, data released by the China Federation of Logistics and Purchasing show that from January to August this year, the total amount of cold chain logistics in my country was 3.7 trillion yuan, a year-on-year increase of 3.95%. The total investment and construction of cold chain logistics infrastructure exceeded 29.95 billion yuan, a year-on-year increase of 9.1%. From January to August this year, more than 28 cold chain logistics-related policies were issued at the national level, significantly strengthening support for the development of cold chain logistics. In addition to policy support, consumption has gradually picked up this year, which has also driven the rapid development of cold chain logistics.
Cui Zhongfu, Vice President of China Federation of Logistics and Purchasing: Cold chain is a very important measure to support and support consumption upgrades. With the support of the cold chain, our agricultural products and aquatic products can be circulated on a wider scale, and fresh seafood can be eaten in inland areas. In some places that do not produce fruits, fresh fruits can be eaten as soon as possible. In fact, the cold chain supports our consumption upgrade.