Summary of the statistical data on the national economy
On October 18th, the State Council Information Office held a press conference, where Fu Linghui, spokesperson for the National Bureau of Statistics and director of the Department of Comprehensive Statistics of the National Economy, introduced the overall situation of the national economy in the first three quarters of 2021. According to preliminary calculations, the gross domestic product in the first three quarters was 82313.1 billion yuan, calculated at comparable prices, with a year-on-year increase of 9.8% and an average growth rate of 5.2% in the two years, which is 0.1 percentage points lower than the average growth rate in the first half of the year.
From a quarterly perspective, the year-on-year growth in the first quarter was 18.3%, and the average growth in the two years was 5.0%; The year-on-year growth in the second quarter was 7.9%, with an average growth of 5.5% in the two years; The year-on-year growth in the third quarter was 4.9%, and the average growth in the two years was 4.9%.
In terms of industries, the added value of the first industry in the first three quarters was 5143 billion yuan, a year-on-year increase of 7.4%, and an average increase of 4.8% in the two years; The added value of the secondary industry is 32094 billion yuan, a year-on-year increase of 10.6%, and an average growth of 5 7%; The added value of the tertiary industry is 45076.1 billion yuan, a year-on-year increase of 9.5%, and an average growth rate of 4.9% over the past two years.
From a month on month perspective, the gross domestic product grew by 0.2% in the third quarter. From the perspective of the plastic industry, it is basically in line with the above statistics, and the growth trend in the second half of the year has significantly slowed down.
Under the combined impact of the COVID-19, excessive currency, energy crisis, and stepping on the brakes, the rise of raw materials and the shortage of imported components are becoming increasingly serious. The market competition strategy of low quality and low price will be further challenged.
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