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The New Crown Pneumonia Epidemic Does Not Change Long-term Growth Trends Of China

Mar 06, 2020

What is the impact of the epidemic on the economy? Expert: Do not change long-term growth trends

According to the National Bureau of Statistics, the manufacturing PMI in February was 35.7%, a decrease of 14.3 percentage points from the previous month; the non-manufacturing PMI was 29.6%, a decrease of 24.5 percentage points from the previous month.

Zhang Liqun, a researcher at the Development Research Center of the State Council, analyzed: "The PMI index fell sharply in February, reflecting the impact of the new crown pneumonia epidemic on China's economic operation. Based on the changes in the PMI index from January to February, the major economic indicators for January to February are expected to increase year-on-year There will be a decline. It must be fully estimated and a response plan prepared. "

But don't worry too much. Zhao Qinghe, senior statistician of the Service Industry Survey Center of the National Bureau of Statistics, Zhao Qinghe emphasized that a series of policies and measures such as tax and fee reductions, financial services, rent reductions and job stabilization subsidies recently introduced in response to the epidemic have been gradually implemented. It will effectively alleviate the difficulties brought by the epidemic to the production and operation of the enterprise, further boost the confidence of the enterprise, and accelerate the pace of resuming production and production. It is expected that China's purchasing manager index will improve in March.

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