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National Development and Reform Commission: China's economy rebounded significantly in the third quarter, and construction machinery orders increased substantially.

October 17, 2022

The press center of the 20th National Congress of the Communist Party of China held its first press conference on the morning of 17th.,Invite Party members of the National Development and Reform Commission、Deputy director Zhao Chenxin,Member of the Party Group of the National Development and Reform Commission、Secretary of the Party Group of the State Grain and Reserve Bureau、Director Cong Liang,Member of the Party Group of the National Energy Administration、Deputy Director Ren Jingdong introduced the implementation of the new development concept、Construct a new development pattern、Promoting high-quality development,Promoting the Great Rejuvenation of the Chinese Nation in an All-round Way with Chinese-style Modernization,And answer questions from reporters.。

In response to a Reuters reporter's question about China's economic situation,,Zhao Chenxin said,Since this year, especially in March,、April and July,By the external environment、Epidemic、Extreme weather and other unexpected factors,China's economy fluctuates from month to month。With the solid progress of the work of effectively coordinating epidemic prevention and control and economic and social development,,With the steady economic package policy continued to force.,The continuation policy was launched decisively.,Industry、Service industry、Investment、Consumption and other major economic indicators are recovering.,Maintain the overall recovery and development trend。

Zhao Chenxin said,Judging from the current situation,,China's economy picked up significantly in the third quarter。On a global scale,The performance of China's economy is still outstanding.。“Our consumer prices have risen moderately.,This is in sharp contrast to high global inflation.;Our employment situation is generally stable.;Basic balance of international payments,Foreign exchange reserves remain above US $3 trillion。”

Zhao Chenxin said,Difficulties and challenges in China's economic operation,But full of opportunities.。Facing the impact of unexpected factors,China's economy has stabilized and rebounded in a relatively short period of time.,Demonstrate great resilience and potential。Our country has a population of more than 1.4 billion.,The largest middle-income group in the world,It has the advantage of super-large-scale market.,Plus a complete industrial system.、Complete industrial chain、Increasingly modern infrastructure system,These basic conditions provide huge opportunities and broad market space for the development of all kinds of enterprises.。

He said,The policy-oriented and development-oriented financial instruments we have implemented have effectively supported infrastructure construction in key areas.。Weak links in the economy and society、Support for equipment renovation and transformation in weak areas,Policies are also increasing.。Driven by these policies and measures,We've been doing a lot of monitoring lately.,Energy Equipment in China、Petrochemical equipment、Mining Machinery、Construction machinery、CNC machine tool、Orders for key projects such as industrial robots are increasing substantially.,All these provide a rare opportunity for upstream and downstream enterprises.。

Zhao Chenxin said,Social stability、China's sustained, steady and healthy economic and social development,Development opportunities are everywhere。The 20th National Congress of the Communist Party of China was held successfully.,It has made great efforts to promote China's economic development.,New impetus has been injected.。We believe,In accordance with General Secretary Xi Jinping's goal of promoting the great rejuvenation of the Chinese nation in an all-round way with Chinese-style modernization.,With the in-depth implementation of the spirit of the 20th National Congress of the Party,With the efficient coordination of epidemic prevention and control and economic and social development, the results continue to show.,Macro policy effects continue to be released,China's economic stabilization and improvement will be further consolidated.。

Source:Xinhua News Agency

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