High-frequency data shows residents’ willingness to consume steadily picked up in the third quarter

Report from this newspaper, Beijing, October 10 (Reporter Liu Zhiqiang) High-frequency data released by the National Information Center of the National Development and Reform Commission shows that in the third quarter, existing policies and incremental policies worked together and were integrated and effective, promoting the economy to maintain a trend of steady progress and stability, and growth momentum continued to accumulate.

In terms of consumption, offline consumption big data shows that the amount of various consumer payments in the third quarter increased by 2.6% year-on-year, and the growth rate increased by 0.7 percentage points from the second quarter, of which commodity consumption increased by 4.5%. In September, offline payment amount increased by 3.1% year-on-year, and the growth rate increased by 0.5 percentage points from August, rising for three consecutive months. Data from "Shouqianba", which reflects the vitality of small and medium-sized merchants, show that the payment amount in September increased by 5.7% year-on-year, and the growth rate increased by 1.3 percentage points from the previous month. Since the third quarter, my country's various consumption-promoting policies have continued to expand and strengthen, residents' willingness to consume has steadily picked up, and market consumer demand has continued to be released.

In terms of investment, in the third quarter, especially in September, various policies to stabilize investment were implemented in a coordinated manner, and the guarantee of investment funds was significantly enhanced. Capital investment data shows that the amount of capital investment in cutting-edge fields such as artificial intelligence and humanoid robots increased by 184.1% year-on-year in the third quarter and 198.7% year-on-year in September.

In terms of foreign trade, the boom continues to remain high. In the third quarter, the departure and arrival loads of cargo ships at major ports increased by 43.1% and 0.3% respectively year-on-year, 43.0 and 0.7 percentage points higher than the second quarter. Among them, the year-on-year growth in September was 53.2% and 4.5% respectively.