Abstract According to media reports, the National Energy Board on the 14th released the latest data show that from January to July this year, the country's total electricity consumption grew 0.8% in July, but the total electricity consumption fell by 1.3% year on year. Among them, the electricity consumption of the first industry increased by 7% year-on-year; the second production...
According to media reports, the latest data released by the National Energy Administration on the 14th shows that from January to July this year, the national total electricity consumption increased by 0.8% year-on-year, but the total social electricity consumption in July fell by 1.3%. Among them, the electricity consumption of the primary industry increased by 7% year-on-year; the electricity consumption of the secondary industry decreased by 3.3%; the electricity consumption of the tertiary industry increased by 4.4%; the electricity consumption of urban and rural residents increased by 3.8%.

Since the electricity consumption of the secondary industry accounts for more than 70% of the total electricity consumption of the whole society, the change in the electricity consumption of the secondary production has a great impact on the fluctuation of electricity consumption in the whole society. In the case that the primary and tertiary industries and residential electricity consumption have shown a certain increase, the total social power consumption in July is still falling, because the secondary industry's electricity consumption has declined, and the decline rate has reached 3.3%.

The secondary industry, also known as industry, is the everyday real economy. As one of the most important indicators in Keqiang Economics, electricity consumption is also considered to be one of the most reliable and difficult to dope indicators for measuring the quality of economic operations. If the electricity consumption indicator declines, it means that there is a problem in the operating conditions of the industry. The greater the decline, the greater the problem. On the contrary, it means that there is no problem, or it indicates that the development is overheating.

In July, the electricity consumption of the secondary industry showed a significant decline, which further confirmed the difficulties faced by the economy, which confirmed the weakness and shortage of market demand. Because, after the market continues to weaken, the operating rate of the entity is obviously insufficient. There should be no more problems of supply and demand caused by excessive supply. More is the lack of demand, which leads to the imbalance of supply and demand, which leads to production and consumption. Not coordinated.

The same is true. The most fundamental reason why the economy has been in the downward channel is that the real economy is sluggish and the real economy has constrained the economic recovery. Although the financial crisis broke out at the beginning of the period, with the full support of central enterprises, the economic downturn was not very fast, and the trend was not very obvious. However, as the financial crisis continues to prolong, the support capacity of central enterprises is also weakening, so that in the first half of this year, state-owned enterprises can not only play the role of support, but begin to drag on. For example, the profit growth rate of state-owned enterprises is much lower than that of private enterprises. In China, some enterprises in import and export trade are also less effective than private enterprises. and many more. Under such circumstances, the recovery of the real economy is even more important and urgent.

The problem is that from the recent data released, the recovery of the real economy is not ideal. This raises many questions. Why is the real economy still in serious dilemma under the slant of many policies? Why is the tilt policy not able to boost the real economy?

Obviously, this is a very complicated issue. First of all, I did not think that the sustained impact of the financial crisis will be so long and so serious. No matter the international economic situation or the domestic economic situation, it is difficult to be optimistic.

Second, the implementation of the policy is not strong and the implementation effect is not good. It is reasonable to say that the introduction of so many policies is enough to restore the real economy. However, from the current actual situation, the efficiency of implementation may not be as expected, and many policies have been discounted. For example, the implementation of the central budget investment project announced by the National Audit Office not long ago has relatively large problems. Other aspects of the policy also have varying degrees of poor implementation.

Moreover, the problem of marginalization of the real economy has not been effectively resolved. Since the beginning of the 21st century, with the rapid development and expansion of the real estate industry, the real economy has been squeezed and gradually marginalized. Not only are people paying attention to the real economy less and less, and many capitals are beginning to withdraw. The real economy. Because of the impact and impact of the financial crisis, the real economy is running hard and there are fewer people willing to invest in the real estate industry.

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