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時間:2022-08-15 來源:本站 點擊:258次

Why shorting China over Q3 economic data is misleading******

BEIJING, Oct. 19 (Xinhua) -- Those shorting China due to slower GDP growth in the third quarter (Q3) are misleading the market and could miss future opportunities, as the Chinese economy remains resilient, with new growth drivers booming and potentials yet to be fully unleashed.

China's GDP grew 4.9 percent year on year in Q3, slower than the growth of 18.3 percent in Q1 and 7.9 percent in Q2. In the first three quarters, the country logged a 9.8 percent GDP expansion, well above its annual growth target of "over 6 percent," data from the National Bureau of Statistics (NBS) shows.

"It is not just China, but the whole world that faces a slower economic recovery in Q3 compared with Q2," said Yao Jingyuan, a research fellow at the Counsellors' Office of the State Council.

In its October forecast, the International Monetary Fund (IMF) said that the Chinese economy will grow by 8 percent in 2021, while the growth of the world economy will moderate to 5.9 percent, both down by 0.1 percentage points from July's forecast.

The IMF has also lowered its projection for advanced economies from 5.6 percent to 5.2 percent.

The 8 percent projection is higher than that for the world economy and major economies, indicating that "the global community is upbeat about the prospects of the Chinese economy," said NBS spokesperson Fu Linghui at a press conference.

The projection also reflects the strong resilience and huge potentials of the Chinese economy, considering a high comparison base last year, Fu noted.

Admittedly, challenges including a power crunch, a resurgence of COVID-19 cases and severe floods in certain regions could weigh on the Chinese economy, but experts said that the impact is short-lived and can be solved.

"China's power shortage is only temporary, and its impact on the economy is under control," Fu said, citing NBS data showing that the country's power generation accelerated in September, climbing 4.9 percent year on year last month compared with a year earlier.

"Such short-term challenges do not indicate that China's economy lacks internal growth impetus," said Yao, adding that the country is capable of stabilizing the economy.


In the first three quarters, the fast expansion of new growth drivers such as high-tech manufacturing continued despite multiple headwinds.

The output of the high-tech manufacturing sector jumped 20.1 percent year on year in the first nine months, faster than the growth pace of the overall industrial output, NBS data shows.

Specifically, the output of new-energy vehicles logged a sharp increase of 172.5 percent in the Jan.-Sept. period, while that of industrial robots and integrated circuits surged 57.8 percent and 43.1 percent, respectively.

On the demand side, China's retail sales of consumer goods went up 16.4 percent year on year in the first three quarters of this year.

The job market, a key pillar for personal income and consumption growth, continued to be generally stable, with the country creating 10.45 million new jobs in its urban areas in the Jan.-Sept. period, achieving 95 percent of the annual target.

Moreover, foreign investors continued to expand their footprints in China, with foreign direct investment into the Chinese mainland, in actual use, rising 22.3 percent year on year in the first eight months of the year.

Looking forward, the Chinese economy could still maintain the relatively stable growth momentum in Q4 despite downward pressure, said Xu Xianchun, a professor at the School of Economics and Management at Tsinghua University.

The country's policymakers are actively coping with the current difficulties, employing measures to boost the electricity supply, incentivize consumption and facilitate foreign trade.

Fiscal policies should be better leveraged to stabilize growth, experts said. "There is still 1 trillion yuan (about 155.5 billion U.S. dollars) of quotas for special local government bonds to be issued in Q4, which is expected to shore up infrastructure investment," Xu said.

Efforts should also be made to promote the digital transformation of enterprises, improve the business environment and strengthen support for new business modes, such as cross-border e-commerce and the industrial internet, Xu said. Enditem

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Tianjin continues winning streak in Chinese Women's Volleyball League******

JIANGMEN, China, Dec. 18 (Xinhua) -- Defending champions Tianjin trounced Henan 3-0 here on Saturday for their ninth consecutive win in the 2021-22 Chinese Women's Volleyball Super League.。

Led by Li Yinying, Yuan Xinyue and Wang Yuanyuan, Tianjin opened the game with a 13-point lead in the first set, and rode the the momentum to ease past Henan 25-12, 25-14, 25-15.。

Guangdong beat Beijing 3-0 (25-12, 25-10, 25-20) to rank second in the Group C, thanks to Wang Yifan who scored a game-high 15 points, followed by Chen Peiyan and Li Yao with 14 points respectively.。

Jiangsu beat Hebei 3-0 for its eighth straight win this season, hammering its opponents 25-16, 25-7, 25-15. Jiangsu's Yang Jia scored a team-high 14 points to win the MVP.。

In Saturday's other match, Kim Yeon-koung had 21 points for Shanghai, who beat Sichuan 3-0 (25-15, 25-16, 25-10). Shandong defeated Shenzhen 3-0 (25-12, 25-17, 25-23), while Liaoning beat Zhejiang 3-1 (26-28, 25-11, 25-21, 25-16). Enditem。














  “红色 研学旅行”成旅游经济畅销产品。

  伴随着红色旅游继续升温,全国各地红色旅游旅游景区和国防教育产业基地陆续发布系列活动,“红色 研学旅行”成暑期旅游销售市场受欢迎。

  结果显示,2021人气高的“红色 研学旅行”历史博物馆分别是我国国家博物馆、中国人民革命军事博物馆、九一八博物馆、西安半坡遗址历史博物馆、法国牢房纪念地历史博物馆、旅顺日俄牢房纪念地历史博物馆、武昌起义历史博物馆、大沽口炮台遗址博物馆、青岛市军事博物馆、井冈山革命博物馆等。

  2021人气值高的十大“红色 研学旅行”史料馆分别是毛主席朋友故宅、孙中山故居史料馆、鲁迅故居、上海市宋庆龄故居、杨家岭毛泽东旧居、周恩来故居、宋庆龄朋友故宅、叶剑英故居、彭德怀故宅史料馆、刘少奇故居。








  “在产品设计层面,可以对于红色資源的差异特点,设计方案不一样种类的商品。比如可将长征中通过陕西省的城镇、产生战事的旧址遗址开展梳理,产生长征研学旅行路线,打造出‘重走长征路’旅游路线。”崔林说:“除此之外,‘演艺 红色旅游’‘高新科技 红色旅游’都能够开展设计方案和开发设计,产生情景剧,让游客感受那时候的情景,运用全息技术、VR、AR、5G等现代科学技术,持续扩展红色文化艺术的表达形式与主要表现方式,提升年青游客的参与性与体验感。”。

  崔林还提议开发设计红色文化创意产品,一枚红色印痕便签,一把具备历史意义的重大事件直尺等,都可以吸引住年轻群体的专注力。此外,许多年青人会由于一部杰出的红色电影关心到旅游景点从而去“打卡签到”红色旅游景点,因此,还能够机构拍照红色电影。本小组文稿由华商报小编 田蕾 采写。




1.江苏一男子欠债不还 12只小猫咪被法拍用于抵债

2.庆祝回归25周年 香港街头闪耀中国红



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