Here I mainly say four sentences How to see the economic situation in the first half of the year

First sentence: the overall stable trend has not changed

In the first three quarters we particularly value one word - stable.

With the effects of a series of national and provincial policies and measures to stabilize growth gradually appearing, the province's economy has maintained a stable and healthy development.

First, agricultural production is stable.

The second is the steady growth of investment. The first three quarters of the whole society fixed asset investment growth of 10.8%, than the first half of the fall of 0.5 percentage points, but higher than the annual target task of 0.8 percentage points, the key is the private investment, industrial investment, technological transformation investment are more stable.

Third, industrial growth stabilized. The volatility of the province's regulated industrial value added growth rate decreased, the first three quarters grew 8%, 0.1 percentage points lower than the first half of the year. Need to be mentioned in particular, wine, beverages and refined tea manufacturing industry and other traditional advantages continue to maintain the first half of the recovery growth momentum, automotive, electronic information manufacturing industry gradually rebound.

Fourth, the consumer market is stable. The total retail sales of consumer goods in the first three quarters grew by 12%, 0.2 percentage points higher than the first half of the year, and the contribution of consumption to economic growth reached about 50%.

Fifth, the service industry is growing better. Growth in the first three quarters was 9.5%, 0.4 percentage points faster than the first half, higher than the GDP and industrial growth.

Sixth, the sales of commercial properties continue to pick up. Sales area has been picking up for seven consecutive months since March this year, growing 5.9% in the first three quarters, 1.6 percentage points higher than the first half of the year.

Second sentence: Positive factors for steady progress are increasing

We insisted on making every effort to stabilize growth in parallel with structural adjustment, transformation and upgrading, and accelerated the nurturing of new kinetic energy for economic growth.

One is the "double creation" work to form a boom. The potential of entrepreneurship and innovation in all aspects is being fully stimulated by the extensive activities of mass entrepreneurship and innovation across the province, as well as by the activities of rural migrant workers and rural entrepreneurs returning to their hometowns to start their own businesses and Sichuan merchants returning home.

The second is the accelerated development of new industries and new products. In the first three quarters, the added value of high-tech industries accounted for 11.7% of the proportion of the industrial sector, an increase of 0.1 percentage points; the aerospace equipment manufacturing industry, the output value of the information security industry have achieved rapid growth; the production of new energy vehicles has increased exponentially, and the production of smart phones has increased by 3.4 times.

Thirdly, new modes of business are accelerating growth. In the first three quarters, e-commerce turnover exceeded 1.2 trillion yuan, an increase of 34%, online retail sales increased by 35.5%; the level of e-commerce application has increased significantly, the province every 6 minutes to increase 1 online store; total tourism revenue increased by 27.1%.

Fourth, the non-public economic vitality is released in an orderly manner. Various types of market entities grew by 11.3% in the first three quarters and registered capital by 33%, on the basis of explosive growth in 2014. in July, August and September, the province's newly registered enterprises grew at a level of about 470 per day.

Fifth, energy saving and consumption reduction is remarkable. Energy consumption per unit of GDP fell by about 6 percent in the first three quarters, with the rate of decline expanding by about 1.5 percentage points year-on-year.

The third sentence: continuously increasing downward pressure is still

Since the third quarter, the difficulty of stabilizing growth is still increasing, and contradictions and problems continue to grow.

One is not enough economic activity. In the first three quarters, railroad, highway and waterway freight traffic has dropped compared to the first half of the year; industrial electricity consumption has dropped, and the total amount of imports and exports has been growing negatively since January this year; the factory price index of industrial products (PPI) has been falling for 41 consecutive months, and the purchasing managers' index of the manufacturing industry (PMI) has been under the Rongquan line.

The second is the production and operation difficulties of some enterprises. 993 industrial enterprises in the province ceased production at the end of September; from January to August, the loss of 12.6% of the enterprise; total profits fell by 3.9%.

Third, the economy's cumulative risk gradually appeared. In the first three quarters, the local general public **** budget revenue growth rate is lower than the expected target, the tax revenue growth rate fell year-on-year; the province's financial institutions non-performing loan rate climbed continuously. In addition, from the industrial, investment, consumption, finance and several other indicators, about one-third of the city (state) growth rate is lower than the average level of the province, and some of the decline is larger.

On the economic trend in the coming period, the provincial government looks at it this way--

Objectively, the uncertainty of economic development is indeed increasing, and the economic situation is more intricate and complex. At present, China's economy is in the stage of transformation of old and new kinetic energy, the market effective demand is insufficient, the business operation is difficult, the development of new growth points and new industries is not enough to offset some of the decline of traditional industries.

In September, the national manufacturing purchasing managers' index (PMI) was 49.8%, which is at the low level of the year; the factory price index of industrial products (PPI) fell by 5.9%, which has been negative for 43 consecutive months, and the deflationary trend is very obvious. Capital market shocks, exchange rate market fluctuations, foreign exchange reserves decline and other factors, will continue to have a sustained impact on China's economy.

It can be said that, at present and in the coming period, economic development will encounter great difficulties, the challenges will be a lot, we must have a clear understanding and full preparation.