Investment growth dropped slightly
Total fixed asset investment of industrial enterprises in the third quarter increased by 20.7 percent year on year, 3.1 percentage points lower than that in the last quarter and failed to keep the rebounding trend. Among the sub-industries within the industry, food production and furniture manufacturing industry related with consumption and equipment manufacturing industry related with industrial upgrading enjoyed a rapid investment growth; industries like steel and ship owned a slow investment growth.
It was a response to the slower investment growth of the whole society and also a self adjustment of overcapacity. It indicates that the round of measures for stabilizing growth pay equal attention to growth stabilization, structural adjustment and industrial transformation.
Employment growth kept slowing down
On the basis of initial seasonal adjustment, up to the end of the third quarter, the amount of employment in the industries above a designated scale increased by 1.3 percent year-on-year, 1.2 percentage points lower than that in the second quarter with the drop range keeping slowing down.
Among them, the amount of employment in the labor intensive industries greatly influenced by export began to reduce while the one in the heavy industries still increased somewhat.
In view of the high growth of employment in 2011, the current amount of employment in industrial enterprises still tends to increase, plus with the drop trend of the working-age population proportion in the Chinese population, which indicates that the current drop of economic growth does not affect the social employment significantly.
Landmark building should respect the public's feeling
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