Counting the economy: the data in many fields are bright. China’s economy has strong resilience, great potential and sufficient vitality

CCTV News:On July 12th, "News Network" reported a number of economic data of China in the first half of the year. The data showed that China’s economic operation continued to improve, with strong resilience, great potential and sufficient vitality.

China’s summer grain harvest

According to the data released by the National Bureau of Statistics on July 12th, in 2024, the total output of summer grain in China was 149.78 million tons, or 299.6 billion Jin, an increase of 7.25 billion Jin or 2.5% over 2023. The national summer grain harvest was good.

The sown area of summer grain remained stable. In 2024, the sown area of summer grain was 399.2 million mu, of which the sown area of wheat was 346.361 million mu, an increase of 475,000 mu compared with 2023.

The yield of summer grain has increased. The national summer grain yield reached 375.2 kilograms per mu, an increase of 9 kilograms or 2.5% over the previous year, of which the wheat yield reached 399.1 kilograms per mu, an increase of 2.6%. Regionally, among the 25 summer grain producing areas, 21 have increased their output.

In the first half of the year, China’s trade in goods exceeded 21 trillion yuan, a record high in the same period.

The General Administration of Customs announced on July 12th that in the first half of this year, the total import and export value of China’s goods trade increased by 6.1% year-on-year, the trade scale reached a new high, and the quarterly trend continued to improve.

According to customs statistics, in the first half of the year, the total import and export value of China’s goods trade was 21.17 trillion yuan, a year-on-year increase of 6.1%. Among them, the export was 12.13 trillion yuan, up 6.9%; Imports reached 9.04 trillion yuan, up 5.2%.

In terms of trade scale, in the first half of the year, the import and export scale of China’s goods trade exceeded 21 trillion yuan for the first time in the same period. The growth rate of import and export accelerated quarter by quarter, with an increase of 7.4% in the second quarter, which was 2.5 and 5.7 percentage points higher than that in the first quarter and the fourth quarter of last year respectively. The quality of import and export of goods continued to improve and the scale grew rapidly.

In terms of trade patterns, in the first half of the year, China’s general trade import and export was 13.76 trillion yuan, up 5.2%, accounting for 65% of China’s total foreign trade. In the same period, the import and export of processing trade was 3.66 trillion yuan, an increase of 2.1%, accounting for 17.3%. In addition, China’s import and export by bonded logistics was 2.96 trillion yuan, an increase of 16.6%.

From the perspective of trading partners, in the first half of the year, China and its largest trading partner — — The total trade value of ASEAN was 3.36 trillion yuan, up by 10.5%, accounting for 15.9% of China’s total foreign trade value. In the same period, China’s total import and export to countries that jointly built the "Belt and Road" was 10.03 trillion yuan, an increase of 7.2%.

From the perspective of business entities, in the first half of the year, the import and export of private enterprises was 11.64 trillion yuan, up 11.2%, accounting for 55% of China’s total foreign trade, up 2.5 percentage points over the same period last year. In the same period, the import and export of foreign-invested enterprises and state-owned enterprises both increased.

Financial support for the real economy remained stable in the first half of the year.

According to the data released by the People’s Bank of China on July 12th, the stock of social financing scale at the end of June was 395.11 trillion yuan, up 8.1% year-on-year. Among them, the balance of RMB loans to the real economy was 247.93 trillion yuan, up 8.3% year-on-year. Financial support for the real economy remained stable.

China’s civil aviation economy continued to improve in the first half of the year.

The reporter learned from the Civil Aviation Administration of China on July 12 that in the first half of the year, China’s civil aviation economy operated steadily and steadily. By the end of June, the investment in fixed assets in the whole industry was 61.52 billion yuan, up 33.2% year-on-year, and the total transportation turnover was 70.3 billion tons kilometers, up 32.2% year-on-year. The domestic and international markets of air transportation both exceeded the same period in 2019. The scale of international passenger transport recovered to 81.7% in the same period of 2019.

In the first half of the year, the number of passengers sent by national railways exceeded 2 billion.

The reporter learned from China State Railway Group Co.,Ltd. on July 12th that in the first half of the year, the national railways sent a total of 2.096 billion passengers, up by 18.4% year-on-year, and the railway passenger volume, passenger turnover and other indicators ranked first in the world. The daily average number of passenger trains was 10,256, a year-on-year increase of 9.4%.

In 2024, the Beijing-Hangzhou Grand Canal was successfully completed.

The reporter learned from the Ministry of Water Resources that recently, in 2024, the water replenishment task of the Beijing-Hangzhou Grand Canal was successfully completed. Since the full-line flow was realized on March 20, the full-line water state has been maintained at present, and the full-line water duration has exceeded 100 days for the first time. As of July 1st, the water supply sources have accumulated 1.536 billion cubic meters of water to the north section of the Yellow River of the Beijing-Hangzhou Grand Canal, completing 181.8% of the planned water supply.