Big data era, the operation and development of the national economy, every data, seemingly indistinct, but in fact is part of our daily life. It may come from the firewood, rice, oil and salt in our kitchen, may come from the analysis of the average income and employment situation of the whole society, and may also come from the summary of the operation and efficiency situation of our units and industries, and it will affect the next business investment, transformation and development, structural adjustment, and it will also affect each of us in our life and work. As Jack Ma said, big data is a resource. And attention to the national economy operation and development of every data, in fact, is to pay attention to our own life.
First, let's talk about the biggest data GDP. 7% year-on-year growth is both an objective reflection of the economic development into the new normal, but also reflects the scientific and predictive nature of the central government's GDP growth target set at around 7% when it prejudged the form of this year's economy at the beginning of this year. This shows that in the first half of the year, China's economic operations in general showed a slow stabilization, stable and good development trend. And the stability of this data, can give the country to all aspects of confidence assurance.
Again, the growth rate of fixed asset investment slowed down. The data show that in the first half of the year, the growth rate of fixed asset investment fell 2.1 percentage points from the first quarter. This, mainly the real estate development rate of retreat. For example, the growth rate of national real estate development investment fell 3.9 percentage points from the first quarter, the area of new housing construction fell 15.8% year-on-year, and the area of land purchased by real estate development enterprises fell 33.8% year-on-year. This is a sign that economic development is gradually abandoning the backward way of relying too heavily on investment. Following this, the pressure of inflation will be less and less, and the pattern of economic development will tend to be more and more healthy.
There are two more figures that are directly related to the people. First, consumer prices rose 1.3 percent year-on-year. This figure is the most intuitive portrayal of the price level, which shows that in the first half of this year, China's prices have avoided the risk of overly rapid increases. Second, in the first half of the country's per capita disposable income of 10,931 yuan, a year-on-year nominal increase of 9.0%, net of price factors, the actual growth of 7.6%. While residents' spending has been effectively controlled, their wallets will be more bulging than ever. This is undoubtedly capable of raising the social happiness index.
In terms of the structure of economic development, the added value of the tertiary industry accounted for 49.5% of GDP. This is another result of the current government's ongoing efforts to "adjust structure" and "stabilize growth". The secondary industry, especially the heavy industry, often sacrifices a large environmental cost, while the tertiary industry is mostly an environmentally friendly and green service industry. If the development level of tertiary industry can also represent the real economic development power of a country, then it can be said that the economic development of China will tend to be more healthy and reasonable. Of course, the proportion of the tertiary industry in the national economy needs to be increased, and the task of "structural adjustment" is still very difficult.
Don't say that these big data have nothing to do with you; don't say that they are just fairy data. In these data, we can read about some of the changes that society is experiencing, and we can also appreciate the responsibility of the government in the process of economic development. What's more, all of our ordinary life's daily necessities can be reflected in the data. Concerned about the national economic development of big data, not only is the embodiment of civic politics, but also care about our personal life and the environment in the necessary.