The "11" holiday has come to an end, and the release of macroeconomic data for the third quarter is now on the horizon. With the second-quarter GDP growth rate dropping to 7.5% year-on-year, market expectations are high for signs of recovery in the third quarter. Many institutions believe that with the continued implementation of stable growth policies, economic performance is likely to improve slightly, with GDP growth expected to reach around 7.7%.
According to the macroeconomic research team led by Zhu Jianfang, the third quarter saw a rebound in demand driven by steady growth policies, which helped industries recover—especially the secondary sector. The real estate market remained relatively stable, while the tertiary industry experienced moderate growth due to government restrictions on "three public" consumption. As a result, the GDP growth for the quarter is projected to be 7.7%.
The National Information Center’s macroeconomic research group recently released a report stating that since July, the domestic economy has shown clear signs of stabilization. They expect the third-quarter growth rate to rebound to approximately 7.8%. This optimism is fueled by the central government's clear policy targets, which have boosted market confidence, along with ongoing reforms that have reinvigorated market activity and accelerated corporate inventory replenishment.
Wang Tao, UBS Securities’ chief economist for China, believes that the upcoming September data will reflect strong real economic activity, though the growth momentum may slow slightly. He predicts that trade volumes will remain stable, real estate activities will continue to grow moderately, and industrial output will rise by 10% year-on-year. Overall, he anticipates a GDP growth of 7.7% for the third quarter. Similar forecasts have been made by other institutions, including AVIC Securities and Bank of Communications.
During the "11" holiday period, the National Bureau of Statistics Service Industry Research Center and the China Federation of Logistics and Purchasing released the September manufacturing PMI, which stood at 51.1%, up 0.1 percentage points from the previous month. This marks the third consecutive month of improvement, signaling a positive trend for the economy. Analysts generally agree that the sustained recovery in PMI has laid a solid foundation for GDP growth in the third quarter.
While the overall economic recovery seems inevitable, structural imbalances persist. Zhao Qinghe, a senior statistician at the National Bureau of Statistics' Service Industry Research Center, noted that the rising PMI indicates a steady recovery in the manufacturing sector. However, challenges remain, as large and medium-sized enterprises are stabilizing, while small and micro businesses still face operational difficulties. Continued support in terms of financing and cost reduction is essential to help these smaller entities thrive.
Auxiliary Agent For Concrete Retarder
Classification by structure:
(1) Sugar: sugar calcium, gluconate, etc
(2) Citric acid, tartaric acid and their salts
(3) Zinc salt and phosphate
(4) lignosulfonate
Hardening effect
(1) Influence on strength, excessive incorporation will cause the concrete to remain unsolidified for 24 hours or even 72 hours, thus affecting the need for early strength of concrete and delaying the construction progress. No obvious effect was found on the concrete of suitable age.
(2) The effect on contraction, the appropriate use of the contraction has no significant effect. Excessive use will cause the top concrete to dry and shrink due to excessive water evaporation and shrinkage cracks.
(3) The effect on frost resistance durability is similar to that of concrete without adding retarder. [1]
Detection index
Increased turnover: 8
Initial setting time difference: +60~+120
Compressive strength ratio 7 days: 120
Compressive strength ratio 28 days: 120
Softening coefficient: 0.55
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Shanghai Hongyun New Construction Materials Co., Ltd , https://www.hongyunpce.com