China's economic acceleration in the first 8 months has shown impressive performance with multiple data points
On September 22nd, multiple authoritative departments released statistical data from January to August this year. Multiple data shows impressive performance, highlighting the resilience and vitality of China's economy.
China's outward investment continued to grow in the first eight months of this year
![China's economic acceleration in the first 8 months has shown impressive performance with multiple data points](https://a5qu.com/upload/images/ed66a2558a2dede698dbc06249bd8a60.jpg)
According to data released by the Ministry of Commerce, from January to August this year, China's outward non-financial direct investment was 585.61 billion yuan, a year-on-year increase of 18.8%. Among them, the non-financial direct investment of Chinese enterprises in the "the Belt and Road" co construction country was 140.37 billion yuan, up 22.5% year on year.
China's high-tech and equipment manufacturing industry has seen a significant increase in electricity consumption
![China's economic acceleration in the first 8 months has shown impressive performance with multiple data points](https://a5qu.com/upload/images/ba7bf83b4f407e2edc2993d6725f2029.jpg)
According to data from the China Electricity Council, the electricity consumption of China's high-tech and equipment manufacturing industry increased by 9.6% year-on-year from January to August this year. Among them, the electricity consumption of new energy vehicle manufacturing and photovoltaic equipment and component manufacturing increased significantly. Looking at different industries, the electricity consumption in the pharmaceutical manufacturing industry increased by 10.3% year-on-year, while the electricity consumption in the automotive manufacturing industry increased by 14.7% year-on-year. Among them, the electricity consumption in the manufacturing of new energy vehicles increased by 42.2% year-on-year, and the electricity consumption in the manufacturing of photovoltaic equipment and components increased by 74.6% year-on-year. In August, the total electricity consumption in society was 886.1 billion kilowatt hours, a year-on-year increase of 3.9%.
Policy driven consumption recovery helps improve cold chain logistics
![China's economic acceleration in the first 8 months has shown impressive performance with multiple data points](https://a5qu.com/upload/images/3d7d4dc388355ba3d5c598fda26ff550.jpg)
In addition, data released by the China Federation of Logistics and Purchasing shows that from January to August this year, the total amount of cold chain logistics in China was 3.7 trillion yuan, a year-on-year increase of 3.95%. The total investment and construction of cold chain logistics infrastructure exceeded 29.95 billion yuan, a year-on-year increase of 9.1%. From January to August this year, more than 28 policies related to cold chain logistics were released at the national level, significantly increasing support for the development of cold chain logistics. In addition to policy support, this year's gradual recovery in consumption has also driven the rapid development of cold chain logistics.
Cui Zhongfu, Vice President of the China Federation of Logistics and Purchasing, said that cold chain is a very important measure to support and support consumer upgrading. With the support of the cold chain, our agricultural and aquatic products can circulate on a wider range, and fresh seafood can only be enjoyed in inland areas. In some areas that do not produce fruits, fresh fruits can be eaten at the first time. In fact, the cold chain has supported the upgrading of our consumption.
![China's economic acceleration in the first 8 months has shown impressive performance with multiple data points](https://a5qu.com/upload/images/9653b9f6aef3795d98ac0468027dc6ac.jpg)