CCTV News:Today (October 24th), "News Network" broadcast the related news of the 2nd Global Digital Trade Expo, the development of outdoor sports industry and the National Energy Administration. In connection with the good news released in the fields of aerospace, finance, consumption and foreign trade today, China’s economy has blossomed in all fields, showing a trend of sustained recovery both internally and externally. Below, let’s learn more about it together.
First of all, the various forms of the exhibition reflect China’s determination and confidence in opening wider to the outside world.

The 2nd Global Digital Trade Expo was held in Hangzhou at the end of November.
The State Council Information Office held a press conference today to introduce that the second Global Digital Trade Expo will be held on November 23rd — It will be held in Hangzhou on the 27th, when more than 100 activities such as artificial intelligence creativity will be held.
The first Asian General Aviation Exhibition will be held next month.
Today, the first Asian General Aviation Exhibition held a press conference in Zhuhai, introducing the preparations for this year’s air show. At the same time, several air show teams participating in this year’s air show also introduced the flight show schedule and performance subjects.

The first Asian General Aviation Exhibition is scheduled to be held on November 23rd — It was held at Zhuhai International Air Show Center on 26th. This year’s air show attracted enterprises from nearly 20 countries and regions including the United States, Britain and Germany. According to the plan, there will be a 70-minute flight show and demonstration flights of prototypes such as drones and helicopters every day.
The 134th Canton Fair gathered thousands of businessmen to share business opportunities.
Yesterday, the second phase of the Canton Fair was launched as scheduled. According to official statistics, as of 17: 00 yesterday, the cumulative number of overseas buyers attending the meeting exceeded 129,000, a substantial increase over the same period last year. At the same time, this figure has exceeded the total number of overseas buyers attending the three exhibition periods of the last Canton Fair.

From online to offline, exhibitors are constantly seeking innovation and change. Faced with many uncertainties in the foreign trade environment, the brand "Made in China" is constantly taking a more active stance to seize the opportunities and show its tenacity and vitality.

The Canton Fair has attracted many exhibitors from countries that have jointly built the Belt and Road Initiative. This is not only a dazzling achievement of the Canton Fair itself, but also a clear evidence of the steady development of China’s international trade, and it also shows China’s determination to share development opportunities and common prosperity with the world.
The scale of the 6th China International Import Expo(CIIE) Highlights Enterprise Exhibition reached a new high.
According to the relevant person in charge of the Ministry of Commerce, the 6th China International Import Expo(CIIE) will be held on November 5th — It was held in Shanghai on the 10th. This year’s China International Import Expo(CIIE) is expected to welcome guests from 154 countries, regions and international organizations. More than 3,400 exhibitors and 394,000 professional visitors have registered.

69 countries and 3 international organizations have confirmed that they will participate in the 6th National Exhibition in China International Import Expo(CIIE). Among them, 11 countries participated in the exhibition for the first time, 34 countries participated offline for the first time, and five countries including Honduras, Kazakhstan, Serbia, South Africa and Vietnam served as guest countries.

The exhibition area of this year’s China International Import Expo(CIIE) Enterprise Exhibition is about 367,000 square meters, and the number of the world’s top 500 enterprises and leading enterprises in the industry has reached 289, all exceeding the previous level. Fifteen global vehicle brands, ten industrial electrical enterprises, ten medical equipment enterprises, three mining giants, four grain merchants and five shipping companies have all confirmed their participation.

Through various forms of exhibitions, we feel that China’s high-level opening to the outside world is striding, and the opportunities brought by China’s continuously open big market are valued by all parties, so as to participate in and share the development achievements. In addition, the enhancement of China’s endogenous power and the vitality of generate in many fields make everyone full of confidence in the development prospects.
China successfully launched Remote Sensing Satellite 39.
At 04: 03 Beijing time today, China successfully launched the remote sensing satellite No.39 at xichang satellite launch center by using the Long March II carrier rocket, and the satellite successfully entered the scheduled orbit, and the launch mission was a complete success. This mission is the 492nd flight of the Long March series of launch vehicles.

The total scale of outdoor sports industry will reach 3 trillion yuan in 2025.
Recently, the National Development and Reform Commission and other departments issued the Action Plan for Promoting the Construction and Service Improvement of Outdoor Sports Facilities (2023— In 2025), it is proposed that by 2025, the total scale of outdoor sports industry will reach 3 trillion yuan.

By the end of September, the cumulative installed capacity of power generation in China was about 2.79 billion kilowatts.
According to the data released by the National Energy Administration, by the end of September, the cumulative installed power generation capacity in China was about 2.79 billion kilowatts, up 12.3% year-on-year. Among them, the installed capacity of solar power generation is about 520 million kilowatts, a year-on-year increase of 45.3%; The installed capacity of wind power is about 400 million kilowatts, a year-on-year increase of 15.1%. The installed capacity of new energy shows a rapid growth trend.
The role of consumption in economic development has been enhanced, and the contribution rate of final consumption expenditure in the third quarter reached 94.8%
The reporter learned from the Ministry of Commerce today (October 24) that in September, with a series of activities to promote consumption, policies and measures to promote automobile and household consumption were refined, and the basic role of consumption in economic development was enhanced, showing a sustained recovery trend. The contribution rate of final consumption expenditure to economic growth in the third quarter reached 94.8%.
Commodity sales have increased steadily. In September, the retail sales of commodities increased by 4.6% year-on-year, and the growth rate was 0.9 percentage points faster than that in August. From the perspective of commodity categories, the year-on-year growth rate of over 60% of the retail sales of commodities is faster than that in August. The sales of basic livelihood commodities remained stable, and upgraded and green smart products were favored. The retail sales of grain, oil, food and beverages of units above designated size increased by 8.3% and 8.0% respectively year-on-year, while sports and entertainment products and gold, silver and jewelry increased by 10.7% and 7.7% respectively. Sales of new energy vehicles increased by 27.7% year-on-year, accounting for 31.6% of new car sales.

Service consumption continued to pick up. Residents’ strong willingness to travel has driven the rapid growth of service consumption such as catering, accommodation, tourism and transportation. In the first three quarters, the retail sales of services increased by 18.9% year-on-year, and the growth rate was 13.4 percentage points higher than the retail sales of goods; The per capita service consumption expenditure of residents increased by 14.2% year-on-year, accounting for 46.1% of the per capita consumption expenditure. In September, the national catering revenue was 428.7 billion yuan, a year-on-year increase of 13.8%; The box office revenue of movies exceeded 2.8 billion yuan, an increase of about 1.2 times.

Characteristic pedestrian streets and key business districts are popular, and physical retail sales are growing steadily. The retail sales of department stores, convenience stores, specialty store and brand stores above designated size increased by 7.7%, 7.5%, 4.3% and 3.1% respectively.
Urban and rural consumption has increased simultaneously. In the first three quarters, the per capita consumption expenditure of urban and rural residents increased by 8.6% and 9.3% respectively. In September, the retail sales of urban consumer goods increased by 5.4%, and the retail sales of rural consumer goods increased by 6.3%.
Central Huijin Company buys trading open index funds.
Central Huijin Company issued an announcement yesterday (October 23rd) to buy transactional open-end index funds.
In the announcement, central huijin said that he would buy traded open-end index funds (ETFs) and will continue to increase his holdings in the future.

Tian Lihui, Dean of Financial Development Research Institute of Nankai University:ETF (Transactional Open Index Fund) tracks the market index and reflects the overall market situation. Huijin’s increase in holdings at this moment is conducive to the recovery of market confidence. The increase in holdings of large-cap blue-chip ETF (transactional open-end index fund) has a more direct supporting effect on relevant blue-chip indexes and a more direct boost to the overall market sentiment.
A few days ago, central huijin increased its holdings of banking stocks by 477 million yuan. Agricultural Bank of China, Bank of China, China Construction Bank and Industrial and Commercial Bank of China issued announcements one after another, and Huijin Company increased its holdings of A shares in this bank, and indicated that it intends to continue to increase its holdings in the secondary market in the next six months.

Experts said that in the near future, Huijin’s continuous increase in holdings conveyed a clear and positive signal, which is an important measure to activate the capital market, which will help to repair the valuation of the stock index.
Positive foreign trade indicators show China’s economic resilience.
In the third quarter, the busy port production and the "stable quantity and rising quality" of import and export goods all reflected the positive changes of China’s foreign trade. According to the data of the General Administration of Customs, the export of the "new three" products of electric vehicles, photovoltaic cells and lithium batteries has maintained double-digit growth for 14 consecutive quarters. In the first three quarters of this year, the market share, competitiveness and influence of the advantageous export industries such as ships and household appliances have been consolidated and improved.

According to a survey conducted by the Customs, the number of enterprises whose new import and export orders increased or remained flat in September was higher than that of last month, which showed that the orders and confidence of Chinese enterprises were improving. These positive changes showed the resilience, potential and vitality of China’s economy.
Harvest in successive years is hard to come by every year.
This year’s grain output is expected to reach a new high, which is hard to come by. This year, summer grain suffered from "rotten field rain", and the main producing areas tried their best to grab the harvest and try their best to reduce the losses. In addition, the increase in autumn grain production effectively affected the "rotten field rain".
Since 2015, China’s annual grain output has been stable at more than 1.3 trillion Jin for eight consecutive years, and the difficulty of increasing production this year has obviously increased. Under the deployment of the CPC Central Committee, all localities continued to do a good job in the articles on cultivated land and seeds, and grasped the key points of increasing production.

We still have a long-term goal to ensure food security. The Party Central Committee put forward the idea of "increasing the production capacity by another 100 billion Jin". It takes many years of continuous efforts to achieve this goal, and this year is a key step in this continuous effort.

Harvest year after year, every year is hard to come by. Every year’s harvest does not mean that the next year’s harvest can come automatically. There is a bumper harvest in the field, and we must strive to make the farmers’ pockets harvest. Pursuing a bumper harvest and grasping a bumper harvest require us to show an endless persistence.
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