National Bureau of Statistics of China
15 March 2021
In the first two months, under the strong leadership of the Central Committee of the Communist Party of China (CPC) with Comrade Xi Jinping as the core, the efforts made by all regions and departments to coordinate both the epidemic prevention and control and the economic and social development continued to deliver results, the industry and exports grew fast, investment and consumption recovered steadily, employment and prices were generally stable, people’s basic livelihoods were safeguarded and the national economy sustained steady recovery. Compared with the same period last year, the year-on-year growth rates of major indicators were high due to a low base of the same period in 2020. After deducting the base effects, major indicators grew steadily and macro economic indicators were within reasonable range.
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Measures set to further unlock demand, enhance economic growth momentum
The advantages of China s huge domestic market will become even more prominent in 2021, as efforts to tackle the bottlenecks constraining domestic demand complement the continuous focus on supply-side reforms, a key part of Xi Jinping Thought on Socialist Economy with Chinese Characteristics for a New Era, officials and experts said.
With the policy measures to unlock the huge potential of domestic demand, the country is likely to head for more than 8 percent economic growth this year and share the benefits of its economic resilience with more foreign businesses and investors, they said.
Supply-side reform gets greater boost By OUYANG SHIJIA and ZHOU LANXU | CHINA DAILY | Updated: 2021-01-06 07:16 Share CLOSE
Measures set to further unlock demand, enhance economic growth momentum
The advantages of China s huge domestic market will become even more prominent in 2021, as efforts to tackle the bottlenecks constraining domestic demand complement the continuous focus on supply-side reforms, a key part of Xi Jinping Thought on Socialist Economy with Chinese Characteristics for a New Era, officials and experts said.
With the policy measures to unlock the huge potential of domestic demand, the country is likely to head for more than 8 percent economic growth this year and share the benefits of its economic resilience with more foreign businesses and investors, they said.