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China-Economy/2018 H1
Beijing, China - July 16, 2018 (CCTV - No access Chinese mainland)
1. Various of press conference about Chinese economy in progress
2. SOUNDBITE (Chinese) Mao Shengyong, spokesman, National Bureau of Statistics (NBS)(starting with shot 1):
"The national economy in the first half of the year sustained the development momentum of turning for a better prospect in overall stability. Favorable conditions supporting the economy to move for high-quality development increased, laying a good foundation for the realization of major socioeconomic development targets of the year."
3. Various of press conference
4. SOUNDBITE (Chinese) Mao Shengyong, spokesman, National Bureau of Statistics (NBS):
"All the achievements were made under a backdrop in which there were more uncertainties in external environment and industrial restructuring, transformation and upgrade were carried out at home. That is to say, those were hard-earned achievements."
5. Various of press conference
FILE: China - Exact Location and Date Unknown (CCTV - No access Chinese mainland)
6. Various of manufacturing plants of automobile
7. Various of automatic robots working
8. Various of chips being processed
9. Various of Gongrenmei working
10. Machine working
China's economy expanded steadily in the first half of 2018, according to the National Bureau of Statistics (NBS).
The country's gross domestic product (GDP) expanded 6.8 percent year on year in the first half of 2018, well above the government's annual growth target of around 6.5 percent, according to the data released by the NBS on Monday.
Although China's GDP year-on-year growth rate of 6.7 percent in the second quarter was slightly lower than the 6.8 percent from the previous quarter, the GDP growth rate maintained within the range of 6.7 to 6.9 percent for the 12th straight quarter, according to the NBS data.
"The national economy in the first half of the year sustained the development momentum of turning for a better prospect in overall stability. Favorable conditions supporting the economy to move for high-quality development increased, laying a good foundation for the realization of major socioeconomic development targets of the year," said Mao Shengyong, spokesman of the NBS.
In terms of industrial structure, the service sector expanded 7.6 percent year on year in H1, against the 3.2-percent growth of the primary industry and 6.1 percent of the secondary industry.
Industries related to technological advancement and transformation and upgrade all recorded a rather high grow rate, as high-tech industry, equipment manufacturing industry and strategic emerging industries realized a growth rate of 11.6, 9.2 and 8.7 percent respectively.
New energy vehicle production increased by 88.1 percent year on year, while industrial robots increased by 23.9 percent, and integrated circuits increased by 15 percent.
In terms of employment, the national urban unemployment rate remained below five percent for three consecutive months, the lowest level since 2016.
The domestic job market remained stable in June, with the surveyed unemployment rate in urban areas at 4.8 percent, the same as that of May and down 0.1 percentage point from June last year.
Consumption continued to play a more prominent role in driving the economic growth in H1, with final consumption contributing 78.5 percent of the economic expansion in the period, up from 77.8 percent in Q1 and 58.8 percent last year.
The energy consumption per unit of GDP declined 3.2 percent year on year in H1, better than the initial target of having energy consumption per unit of GDP cut by at least 3 percent in 2018.
"All the achievements were made under a backdrop in which there were more uncertainties in external environment and industrial restructuring, transformation and upgrade were carried out at home. That is to say, those were hard-earned achievements," said Mao.
China-Economy/2018 H1
Dateline : July 16, 2018/File
Location : Beijing,China
Duration : 2'18
Beijing, China - July 16, 2018 (CCTV - No access Chinese mainland)
1. Various of press conference about Chinese economy in progress
2. SOUNDBITE (Chinese) Mao Shengyong, spokesman, National Bureau of Statistics (NBS)(starting with shot 1):
"The national economy in the first half of the year sustained the development momentum of turning for a better prospect in overall stability. Favorable conditions supporting the economy to move for high-quality development increased, laying a good foundation for the realization of major socioeconomic development targets of the year."
3. Various of press conference
4. SOUNDBITE (Chinese) Mao Shengyong, spokesman, National Bureau of Statistics (NBS):
"All the achievements were made under a backdrop in which there were more uncertainties in external environment and industrial restructuring, transformation and upgrade were carried out at home. That is to say, those were hard-earned achievements."
5. Various of press conference
FILE: China - Exact Location and Date Unknown (CCTV - No access Chinese mainland)
6. Various of manufacturing plants of automobile
7. Various of automatic robots working
8. Various of chips being processed
9. Various of Gongrenmei working
10. Machine working
China's economy expanded steadily in the first half of 2018, according to the National Bureau of Statistics (NBS).
The country's gross domestic product (GDP) expanded 6.8 percent year on year in the first half of 2018, well above the government's annual growth target of around 6.5 percent, according to the data released by the NBS on Monday.
Although China's GDP year-on-year growth rate of 6.7 percent in the second quarter was slightly lower than the 6.8 percent from the previous quarter, the GDP growth rate maintained within the range of 6.7 to 6.9 percent for the 12th straight quarter, according to the NBS data.
"The national economy in the first half of the year sustained the development momentum of turning for a better prospect in overall stability. Favorable conditions supporting the economy to move for high-quality development increased, laying a good foundation for the realization of major socioeconomic development targets of the year," said Mao Shengyong, spokesman of the NBS.
In terms of industrial structure, the service sector expanded 7.6 percent year on year in H1, against the 3.2-percent growth of the primary industry and 6.1 percent of the secondary industry.
Industries related to technological advancement and transformation and upgrade all recorded a rather high grow rate, as high-tech industry, equipment manufacturing industry and strategic emerging industries realized a growth rate of 11.6, 9.2 and 8.7 percent respectively.
New energy vehicle production increased by 88.1 percent year on year, while industrial robots increased by 23.9 percent, and integrated circuits increased by 15 percent.
In terms of employment, the national urban unemployment rate remained below five percent for three consecutive months, the lowest level since 2016.
The domestic job market remained stable in June, with the surveyed unemployment rate in urban areas at 4.8 percent, the same as that of May and down 0.1 percentage point from June last year.
Consumption continued to play a more prominent role in driving the economic growth in H1, with final consumption contributing 78.5 percent of the economic expansion in the period, up from 77.8 percent in Q1 and 58.8 percent last year.
The energy consumption per unit of GDP declined 3.2 percent year on year in H1, better than the initial target of having energy consumption per unit of GDP cut by at least 3 percent in 2018.
"All the achievements were made under a backdrop in which there were more uncertainties in external environment and industrial restructuring, transformation and upgrade were carried out at home. That is to say, those were hard-earned achievements," said Mao.
ID : 8085626
Published : 2018-07-17 11:15
Last Modified : 2018-07-19 10:54:00
Source : China Central Television (CCTV)
Restrictions : No access Chinese mainland
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