Oct 19, 2021 07:57 AM (GMT+8) · EqualOcean
Although the economic growth in the third quarter fell due to the epidemic situation, flood conditions and the rise of the base, China's economy has strong toughness and vitality. "Generally speaking, the trend of sustained economic recovery and high-quality development will not change, and we have the ability and conditions to complete the expected objectives and tasks of economic and social development throughout the year," said Fu Linghui, spokesman of the National Bureau of statistics and director of the Department of comprehensive statistics of the national economy. According to the report of the world intellectual property organization, China ranked 12th in the global innovation index in 2021, an increase of 2 places over the previous year. In the first three quarters, new products, new technologies and new models grew rapidly, with full potential for high-quality development.