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Cheng Shi: In the second half of the year, the economy will enter a certain upward channel. In the third quarter, we will look at infrastructure construction in the fourth quarter, and we will look at real estate | Chief reading data

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First Financial 2022-07-15 17:26:37

Author: Huang Jingjing Yuan Yuli Editor in charge: Huang Jingjing

Cheng Shi, chief economist of ICBC International, said that in the first half of the year, the macro economy has shown strong resilience under the triple pressure that exceeded expectations. From a dynamic point of view, China’s economy will enter a certain upward channel in the second half of the year.

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Cheng Shi: In the second half of the year, the economy will enter a certain upward channel. In the third quarter, we will look at infrastructure construction in the fourth quarter, and we will look at real estate | Chief reading data

According to data released by the National Bureau of Statistics on July 15, according to preliminary calculations, China’s gross domestic product (GDP) in the first half of 2022 was 56,264.2 billion yuan, a year-on-year increase of 2.5% at constant prices. Cheng Shi, chief economist of ICBC International, said that in the first half of the year, the macro economy has shown strong resilience under the triple pressure that exceeded expectations. From a dynamic point of view, China’s economy will enter a certain upward channel in the second half of the year.

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