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the economy was generally stable in august, but faced challenges

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however, at the same time, the adverse effects of changes in the external environment have gradually emerged, domestic effective demand is still insufficient, and the economy still faces many difficulties and challenges in its continued recovery.

industry analysis:

  • the added value of mining industry increased by 3.7% year-on-year, showing the potential for mineral resource utilization and industrial development.
  • manufacturing grew by 4.3%, which shows that china's manufacturing industry continues to play an important role in global competition.
  • the electricity, heat, gas and water production and supply industry grew by 6.8%, indicating that the energy industry continues to be active and provides impetus for social and economic development.

economic type analysis:

  • the added value of state-controlled enterprises increased by 3.6% year-on-year, indicating that state-controlled industries play an important role in steady development.
  • shareholding enterprises increased by 5.0%, which shows that private enterprises are constantly innovating in market competition and contributing to economic development.
  • foreign-invested enterprises and enterprises invested by hong kong, macao and taiwan increased by 2.8%, indicating that international investment still plays a significant role in promoting china's economy.
  • private enterprises grew by 4.5%, showing the booming development of china's private economy.

technology industry performance:

  • on september 17, the three major u.s. stock indexes closed with mixed gains and losses. the nasdaq fell 0.52%, the s&p 500 rose 0.13%, and the dow jones industrial average rose 0.55%, setting new historical highs.
  • large technology stocks were mixed, with apple falling more than 2%, nvidia and tesla falling more than 1%, meta rising more than 1%, and intel rising more than 6%.
  • this wave of ups and downs in technology stocks reflects the market's expectations for technological innovation and development prospects, and also highlights the fierce competition in the global science and technology field.

new stock market:

  • the china securities regulatory commission approved the registration of an initial public offering of shares by a company, marking the continued activity of the new stock market.
  • on september 13, the website of the china securities regulatory commission disclosed the approval for the registration of the initial public offering of wuhan gangdi technology co., ltd.
  • on wednesday (september 18), the beijing stock exchange's new stock tongguan mining construction was subscribed. the issue price was 4.33 yuan, the subscription code was 920019, the subscription limit was 2.1533 million shares, and the maximum subscription market value was 21.533 million yuan.
  • on thursday (september 19), the subscription for shenzhen stock exchange chinext changlian technology was carried out at an issue price of 21.12 yuan, with the subscription code 301618, the maximum subscription limit of 16,000 shares, and the maximum subscription market value of 160,000 yuan.

market volatility:

  • 10 this week, restricted shares with a market value of over 26 billion yuan were released. data showed that this week (september 16th to september 20th), a total of 45 companies had their restricted shares released, with a total of 2.982 billion shares released.
  • in terms of the market value of unblocked shares, the top three are: centec communications-u (5.152 billion yuan), waifu holdings (3.719 billion yuan), and newway cnc (3.09 billion yuan).
  • in terms of the proportion of unblocking, the top three are: metersbonwe (75%), newway cnc (75%), and shanghai port (68.42%).

summarize:

china's economic operation is generally stable, but it still faces multiple challenges. under the adverse impact of changes in the international environment, domestic effective demand is still insufficient, and the continued recovery of the economy still requires efforts to overcome difficulties in order to achieve the goal of high-quality development.