Affected by the high comparison base in the same period last year, the reduction of the hikes and the decline in pork prices, the CPI in October rose by 0.5% year-on-year, which is the first time that it has returned to "1" after 42 months since March 2017. At the same time, the kinetic energy of food structure pushing up CPI has been substantially alleviated. In October, the year-on-year growth rate of core CPI was the same as that of the previous two months, and the chain has remained in a positive growth range for three consecutive months, indicating that the current price center is running stably.

　　On November 10th, the National Bureau of Statistics released the data of national consumer price index (CPI) and industrial producer ex-factory price index (PPI) in October 2020. In October, CPI rose by 0.5% year-on-year, and returned to "1" for the first time after 42 months since March 2017; PPI decreased by 2.1% year-on-year, which was flat from the previous month.

　　The year-on-year increase of CPI dropped to 0.5%.

　　In October, CPI rose by 0.5% year-on-year, and the growth rate dropped by 1.2 percentage points from the previous month and 0.3% from the previous month.

　　Dong Lijuan, senior statistician of the Urban Department of the National Bureau of Statistics, said that the year-on-year increase of CPI dropped more, mainly due to the high base of comparison in the same period last year, the reduction of the hikes (that is, the price changes last year naturally transferred to this year) and the impact of pork prices from rising to falling. Among them, the price of food rose by 2.2%, which was 5.7 percentage points lower than that of last month, affecting the increase of CPI by about 0.49 percentage points. In food, the price of pork fell for the first time after rising for 19 months, falling by 2.8%. Non-food prices are flat. According to estimates, in the year-on-year increase of 0.5% in October, the impact of price changes last year was about 0.4 percentage points, down 0.8 percentage points from last month, and the impact of new price increases was about 0.1 percentage points.

　　Guo Liyan, director of the Market and Price Research Institute of China Macroeconomic Research Institute, also believes that the year-on-year increase of CPI in October narrowed significantly compared with last month, mainly due to the hikes.

　　"To measure the stability of the CPI hub, we generally look at the CPI excluding food and energy prices, that is, the core CPI. The core CPI can better reflect the macroeconomic operation situation, especially the dynamic balance between total supply and total demand. " Guo Liyan said.

　　The data shows that the core CPI excluding food and energy prices rose by 0.5% year-on-year in October, the same as last month. Guo Liyan said that the year-on-year growth rate of core CPI in October was the same as that in the previous two months, and the chain has remained in a positive growth range for three consecutive months, indicating that the current price center is operating stably. The prices of some goods and services that constitute the core CPI continued to rise slightly, such as housing, life services, education, cultural tourism and medical services, which all showed a slight positive growth month-on-month, among which the prices of air tickets and tourism rose more obviously month-on-month, reflecting the positive effect of the Mid-Autumn Festival on boosting consumption.

　　Guo Liyan believes that the kinetic energy of food structure pushing up CPI has been substantially alleviated. With the accelerated recovery of pig stocks and pork market supply, the current retail price of pork has been lower than that of the same period of last year, and the increase of pork price in CPI in October has turned from positive to negative year-on-year. In addition, seasonal fresh vegetables are on the market in large quantities, and the peak supply guarantee measures for National Day and Mid-Autumn Festival are in place. The price of pork and fresh vegetables have both declined, and food prices have become the main factor to lower the CPI growth rate.

　　Guo Liyan believes that energy prices are also a factor that narrows the year-on-year increase in CPI. International crude oil prices fell in the middle and late October, and the prices of gasoline and diesel in CPI dropped significantly year-on-year.

　　Industrial production prices are generally stable.

　　With the continuous recovery of domestic industrial production, the industrial production price was generally stable in October.

　　From a year-on-year perspective, PPI decreased by 2.1%, the same as last month. Among them, the price of means of production decreased by 2.7%, and the decline narrowed by 0.1 percentage point; The price of means of subsistence decreased by 0.5%, with a decrease of 0.4 percentage points. Among the major industries, coal mining and washing industries, as well as gas production and supply industries have narrowed the price decline. The price decline has expanded in the oil and gas mining industry and the oil, coal and other fuel processing industries. In addition, the price of non-ferrous metal smelting and rolling processing industry rose by 2.9%, the same as last month; The price of ferrous metal smelting and rolling processing industry turned from flat to rising, rising by 0.3%. The price of agricultural and sideline food processing industry rose by 1.9%, and the growth rate dropped by 2.0 percentage points.

　　According to estimates, in the year-on-year decline of 2.1% in October, the impact of price changes last year was about -0.1 percentage points, and the impact of new price increases was about -2.0 percentage points.

　　From the ring comparison, the PPI rose slightly from last month to be flat. Among them, the price of production materials rose by 0.1%, and the increase rate dropped by 0.1 percentage points; The price of means of subsistence decreased by 0.1%, the same as last month. From the survey of 40 industrial categories, there are 12 price increases, 3 fewer than last month; 18 decreased, a decrease of 1; Flat 10, an increase of 4.

　　Dong Lijuan pointed out that due to the temperature drop in the north, the demand for heating has gradually increased, and the prices of coal mining and washing industries, gas production and supply industries have increased by 2.1% and 0.4% respectively; The prices of chemical raw materials and chemical products manufacturing rose by 1.1%, the prices of chemical fiber manufacturing rose by 1.0%, and the prices of textile, paper and paper products industries and non-metallic mineral products industries all rose by 0.3%. Affected by the downward fluctuation of international crude oil prices, the prices of oil and natural gas mining industry decreased by 4.9%, and the prices of oil, coal and other fuel processing industries decreased by 1.6%. In addition, the prices of nonferrous metal smelting and rolling processing industry, ferrous metal smelting and rolling processing industry decreased by 0.3% and 0.1% respectively.

　　"PPI continued to shrink year-on-year in October, but it was the same as expected. The PPI was flat in October, which was slightly inconsistent with the price of raw materials purchased by PMI and the trend of international commodity prices, mainly due to the lower energy prices. " Zhou Maohua, an analyst in the financial market department of China Everbright Bank, believes that PPI will remain negative in the fourth quarter, but it is expected to continue the marginal improvement trend, mainly because domestic and overseas demand is still on the recovery track, especially the policy effect of supporting domestic demand continues to be released, exports show great resilience, and corporate confidence continues to increase.

　　Liu Xuezhi, a senior researcher at the Bank of Communications Financial Research Center, believes that although the rebound of PPI has weakened, it has not changed the overall trend. It is expected that with the recovery of the domestic economy, PPI is expected to return to positive growth next year.

　　The annual control target will be successfully achieved.

　　Guo Liyan said that the current overall price level is in line with the previous forecast of the trend of "before high and then low" and the expectations of most market institutions. In the first 10 months, the cumulative year-on-year growth rate of CPI was 3.0%. At present, the annual price control target of about 3.5% can be successfully achieved.

　　"Looking forward to the end of the year, the fourth quarter will be the low point of CPI for the whole year." Guo Liyan believes that with the acceleration and smoothness of the domestic economic cycle, especially the steady recovery of consumer goods and services consumption, the core CPI, which supports CPI, will continue to maintain a stable operation.

　　Zhou Maohua believes that although domestic demand is still weak relative to supply, the total retail sales of consumer goods in September increased positively for two consecutive months year-on-year, indicating that domestic demand is slowly recovering. From the trend, due to the gradual recovery of demand, seasonal factors will drive the price of meat and fruits and vegetables to rebound to a certain extent, but considering the good domestic supply conditions, prices will not fluctuate greatly.

　　Liu Xuezhi said that the year-on-year increase in CPI in October was significantly lower, in line with previous judgments, mainly due to the decline in pork prices, which led to a decline in food price increases. Non-food prices have remained basically stable, and the core CPI has remained at the level of 0.5% in recent months. Inflation is generally moderate, so there is no need to worry about deflation.

　　From the macro policy point of view, Liu Xuezhi believes that monetary policy will not be affected by the fluctuation of price level, and should remain flexible and accurate, and strive to serve the real economy.

　　Zhou Maohua believes that from the perspective of price performance, it is still necessary to increase support for the demand side. Under the background of normalization of epidemic prevention and control, monetary policy should continue to bail out enterprises, help small and medium-sized enterprises and manufacturing departments reduce financing costs, keep market players and stabilize employment. At the same time, the proactive fiscal policy should fill the shortcomings of infrastructure, guide industrial transformation and upgrading, improve policy efficiency, release the potential of domestic demand, and promote a more balanced and sustainable domestic supply and demand.

　　At the moment of tackling difficulties, call for ideological guidance; The journey of forging ahead requires more coordination.

　　On August 19, 2013, General Secretary of the Supreme Leader attended the National Conference on Propaganda and Ideological Work and delivered an important speech. Standing on the overall height of the party and the country, he profoundly expounded a series of major theoretical and practical issues related to the long-term development of propaganda and ideological work. This important speech echoed with his subsequent speeches at the symposium on literature and art work, the symposium on the work of news and public opinion of the Party, the symposium on network security and informatization work, and the symposium on philosophy and social science work, forming a consistent spiritual vein and constructing a systematic theory of ideological work.

　　The potential leads to a long cloud — —

　　In the past four years, facing the major strategic issues of China’s development, the theoretical circles have continuously expanded their horizons and made new generalizations, which has boosted the spirit of China’s development.

　　In the past four years, grasping the trend of media innovation and internet communication, the press code has kept pace with the times, demonstrating the appeal of mainstream thought and public opinion.

　　In the past four years, in response to the call of "people-centered" times, the literary and art circles have been constantly pursuing the spiritual gain of hundreds of millions of people with the times and the lens turning around the people.

　　In four years, Tao flew over the river, and the mountains were filled with gas. Under the leadership of the party, the propaganda and ideological front is drawing the greatest concentric circle and gathering the ideological power of casting souls; Expand the circle of friends, and integrate the story of China with the development of the world into a unified narrative.

　　Flag-raising orientation

　　"Strictly administering the party, is there any difference between ordinary party member and senior cadres of the party?" "What is the relationship between strictly administering the party in an all-round way and ordinary people?" … … On a winter afternoon in 2016, members of the Central Propaganda Group to study and implement the spirit of the Sixth Plenary Session of the Eighteenth Central Committee of the Communist Party of China sat together with community residents in the community of Qimen Street, Yulin Street, Chengdu, Sichuan Province, and exchanged ideas on studying and implementing the spirit of the Plenary Session like a family.

　　This is a microcosm of the propaganda activities of the Central Propaganda Group to study and implement the spirit of the Sixth Plenary Session of the 18th CPC Central Committee. From November 4 to 11, 2016, the Central Propaganda Group gave 34 lectures in various places and held more than 50 interactive exchange activities in various forms, with a direct and indirect audience of about 20 million people.

　　Since the 18th National Congress of the Communist Party of China, various forms of propaganda groups have been set up from the central government to the local government to carry out objective, differentiated and interactive propaganda. Every time the central propaganda group preached, it covered tens of millions of audiences and formed a cultural landscape that was competing to watch.

　　More and more people feel that mainstream public opinion is reshaping its influence through new genres, forms, methods and mechanisms, and socialist core values are entering the texture of cultural life in a spring breeze. When the cultural program "Seeing Words as Face" evokes the emotional resonance of millions of viewers with a few pages of letters, and when the political film "Carry out Reform to the End" makes the reform discourse surge on the Internet again, the historical significance of the national propaganda and ideological work conference in raising the flag has been deeply presented in practice.

　　The waves are ready, and the wind must rise first; The peaks and rocks are beautiful, and spring comes from the east.

　　People-centered development thought is the fundamental position of historical materialism and the fundamental purpose of the Communist Party of China (CPC) people. At the national conference on propaganda and ideological work, General Secretary of the Supreme Leader emphasized that Party spirit and people’s nature have always been consistent and unified. This has pointed out the general direction and set the main tone for propaganda and ideological work from the height of the overall development of the cause of the party and the country, from the height of historical vision and realistic observation, and from the height of being responsible to the party, the country and the people. Based on this, I answered a series of questions about the times of propaganda and ideological work in the new period.

　　How to always ensure the position and tone of the party’s propaganda and ideological work? The speech proposed to establish a people-centered work orientation. Thus, the fundamental problem of "for whom, who to rely on and who I am" has been effectively solved, and the general policy and requirements for propaganda and ideological and public opinion work have been formed.

　　How to strengthen the mainstream public opinion and form social harmony? The speech came straight to the point and made it clear that propaganda and ideological work is to consolidate the guiding position of Marxism in the ideological field and consolidate the common ideological foundation of the United struggle of the whole party and the people of the whole country. Therefore, it is clear that propaganda and ideological work must follow the important policy of "persisting in unity, stability and encouraging, giving priority to positive propaganda" and "carrying forward the main theme and spreading positive energy".

　　How to control the complicated situation of ideological work under the new communication pattern? The speech emphasized that we should focus on innovation in ideas, means and grass-roots work, strive to open up a new situation in work with a new leap in ideological understanding, actively explore new measures and methods that are conducive to solving work problems, and focus on innovation at the grass-roots level.

　　How to highlight China’s right to speak in the era of globalization? The speech put forward "four explicits" about Chinese culture, and called for careful publicity, innovative publicity methods, efforts to create new concepts, new categories and new expressions that integrate China and foreign countries, tell the story of China well and spread the voice of China well.

　　"Don’t believe in fortune, but believe in thought." General Secretary Supreme Leader’s important speech at the National Conference on Propaganda and Ideological Work deeply cultivated the field of propaganda and ideological work, which fully proved this maxim from the sages — —

　　Focusing on the major themes of China’s development, such as the Supreme Leader’s General Secretary’s new ideas, new ideas, new strategies, the "four comprehensive" strategic layout, and new development concepts, the propaganda and ideological front has been carrying out in-depth explanations and innovative theoretical expressions with the overall situation in mind, grasping the general trend, and focusing on major events.

　　In view of the topics related to people’s vital interests, such as the stock market, medical treatment, income tax, etc., news and public opinion workers integrate media resources and innovate communication methods to guide people to look at the mainstream and the essence, so as to make things clear and clear.

　　Accompanied by the process that the spirit of the important speech made by the Supreme Leader General Secretary at the National Conference on Propaganda and Ideological Work is deeply rooted in the hearts of the people, the mainstream values are written into the melodies sung, into the poems sung, and into the chat in the streets and lanes and the message left by Weibo in the forum, which is not obvious but can resonate at any time.

　　On July 26th this year, General Secretary of the Supreme Leader delivered an important speech at a special seminar for leading cadres at the provincial and ministerial levels. When reviewing the five years’ work since the 18th CPC National Congress, he emphasized that we have strengthened the Party’s leadership over ideological work and consolidated the ideological unity of the whole Party and society.

　　This is the summary and the opening.

　　Erection of column beam

　　The most magnificent writing originates from the spirit; The most exciting change is self-confidence.

　　From grasping the "two consolidated" main waterways to tamping the foundation stones in the fields of theory, journalism, literature and art; From the implementation of the spirit of the "August 19" important speech to the implementation of a series of speeches at the symposium on literary and art work, in the past four years, the propaganda and ideological work has taken on a new trend in theory, journalism, literature and art and other fields.

　　— — A great era needs a great spirit, and a great cause cannot be separated from the guidance of theory.

　　"To uphold and develop Socialism with Chinese characteristics, we need to constantly explore in practice and theory, and use the developing theory to guide the developing practice." On May 17, 2016, General Secretary of the Supreme Leader presided over a symposium on philosophy and social sciences and delivered an important speech.

　　From the proposal of the policy of "creative transformation and innovative development" to the display of the logic of "four explicits", from the profound grasp of the rigorous logic of history to the keen insight into the current theoretical research problems, the important exposition of the work of philosophy and social sciences by General Secretary of the Supreme Leader has provided important follow-up for strengthening the "four self-confidences" and consolidating the ideological foundation. "Adhering to Marxism as the guidance" and reaffirming theoretical self-confidence have laid the foundation for the prosperity of China’s academic and innovative development practice; "Cultural self-confidence is more basic, broader and deeper self-confidence", which deepens the source of culture and injects important ideological and cultural resources into governing the country.

　　Since the 18th National Congress of the Communist Party of China, the Opinions on Accelerating the Construction of Philosophy and Social Sciences with China Characteristics has been issued, and the General Plan of the Special Work for the Teaching Quality Year of Ideological and Political Theory Courses in Colleges and Universities in 2017 has been launched. Contemporary China Marxism has become a hot topic in academic research, and the rap of Marx is a post-90s generation has made the theory popular and amiable. China characteristics, China style and China style of philosophy and social sciences are increasingly prominent; "China in the academic field" is moving forward steadily.

　　— — "The literary changes are related to the world, and the rise and fall are related to the time sequence." It has always been the sacred mission of literature and art to raise the spiritual banner, establish the spiritual pillar and build the spiritual home.

　　Seventy-two years after the Yan ‘an Forum on Literature and Art, on October 15th, 2014, our party once again held a forum on literature and art work. In his important speech at the symposium, the Supreme Leader General Secretary made an important conclusion on the "two important" meanings of literature and art, brilliantly expounded the "people’s orientation" of literature and art, concisely summarized the mission of "carrying Tao" and "humanizing people" of literature and art, and accurately refined the times when literature and art lacked quantity and quality, "plateau" and "peak", which constituted the value beacon for the development of contemporary literature and art and opened a new era of China literature and art.

　　The TV series "White Deer Plain" promoted the classic craze, the drama "Teahouse" made a sensation overseas, and the main melody film "Wolf Warriors 2" set a new box office record for Chinese movies … … Gradually go down the impetuous literary ecology and market, "we are severely rewarding serious people."

　　The growing prosperity of literature and art is the realistic echo of a series of supporting reforms. In just a few years, a series of new arrangements and new measures, such as "the Central Committee of the Communist Party of China’s Opinions on Prospering and Developing Socialist Literature and Art" and "Opinions on the Reform of National Literature and Art Awards System", have been intensively introduced, paving the way for real people’s art and providing a stage. More crucially, in the narration of China stories, Chinese people all over the world have found their "our" identity and emotional closeness in the process of soul bonding and spiritual nourishment.

　　— — Being at the forefront of ideological work, news and public opinion work is related to the management of the country and the stability of the country.

　　How can the majority of journalists live up to the times and realize the duty and mission of "writing consistently"? How to live up to our mission and better deal with the complex and ever-changing field of public opinion? General Secretary Supreme Leader’s series of important expositions on news and public opinion work provide a systematic epistemology and methodology, and the party spirit principle, position consciousness, innovative spirit, integration path and legal thinking that run through them provide a powerful ideological weapon for news and public opinion work in the new period.

　　Let the party’s ideas become the strongest voice of the times! China, who has made unremitting progress, is marked with paper and pen; China, who is more confident and open, is recorded with lens; China, who is more colorful and rhythmic, is spread with new media technology; news and public opinion drum and shout for the great country; Understanding the people’s voices, taking the pulse of social emotions and telling the story of China well, the news and public opinion front is building a new spiritual and value highland.

　　Theory casts the soul, literature and art nourishes the spirit, propagandizes the body, and public opinion is applied. The construction of "spiritual civilization building" ushered in a "golden age".

　　In July this year, the "2016 Press and Publication Industry Analysis Report" was released, which showed that the influence of theme publishing and mainstream media communication was further highlighted, and the ability to serve the overall situation continued to improve. The Reader of the Series of Important Speeches by the General Secretary of the Supreme Leader (2016 Edition) had a total print run of more than 52 million copies in that year, and the Excerpts of the Supreme Leader’s Discussion on Strict Party Discipline and Rules had a total print run of more than 6 million copies.

　　"Those who want the same things up and down win", and the greatest concentric circle is being drawn.

　　In June this year, on the 1,000th day of publication, The Supreme Leader’s Talk on Governing the Country and Governing the Politics has spread all over the world in 22 languages and 25 editions, with a circulation of more than 6.25 million copies covering more than 160 countries and regions in the world. Regarding dreams, roads and changes, the world has heard the most vivid story of China and the loudest voice of China.

　　The circle of friends is getting bigger and bigger.

　　Since the 18th National Congress of the Communist Party of China, especially in the four years since the National Conference on Propaganda and Ideological Work was held, many integrated products created by the major news media in the central government have become more people-friendly and grounded. A number of well-received and blockbuster TV, movies and feature films, such as "Chinese Partner", "The Return of the Great Sage" and "Always on the Road", are dizzying. A number of original cultural variety shows, such as Chinese Poetry Conference, Seeing Words as Face, and Reader, constantly bring surprises to the audience. Projects such as "farmer’s bookstore", "country stage", "drama entering campus", "characteristic town" and "traditional village protection" have made culture more and more deeply rooted in the grassroots; Activities such as "Happy Spring Festival", "Five continents in the same spring" and "Four seas in the same spring" are making "Spring Festival time" become "world time"; China’s voice, China’s plan and China’s concept, such as "One Belt and One Road", "New-type Great Power Relations" and "Community of Human Destiny", resounded around the world.

　　Decorate this mountain, it looks better today.

　　When the innovation of philosophy and social sciences resonates with the popularization of theory, we should focus on the big picture, start from the small, and effectively explain the spirit of the series of important speeches of the Supreme Leader General Secretary and the new ideas, new ideas and new strategies of governing the country, accurately and thoroughly. The great rejuvenation of the Chinese dream by the Chinese nation has aroused even greater power.

　　When the party’s news and public opinion work closely focuses on the overall situation of the party and the state, it spreads the voice of the party and the government more clearly and forcefully, shows the mainstream of social progress well, and reflects the voices of the people well, the greatest common denominator of reform and development brings more firm confidence.

　　With the continuous promotion of culture benefiting the people, the continuous improvement of culture and people’s livelihood, the acceleration of standardization and equalization of basic public cultural services, cultural poverty alleviation has become an important part of poverty alleviation, and the people’s sense of cultural acquisition is getting stronger and stronger.

　　When Chinese people treat the past history and culture with a more positive and dialectical attitude, and treat the cultures of all ethnic groups in the world with a more peaceful and rational attitude, the blending of Chinese and Western cultures has continuously created outstanding works of art, and the circle of friends of China culture has become wider and wider.

　　All the past is a preface.

　　The 19th National Congress of the Communist Party of China is about to be held, which is a very important congress held in the decisive stage of building a well-off society in an all-round way in China, and it is a major event in the political life of the party and the country. Holding high the banner, grasping the direction, revisiting the glory, combing the experience, and doing a good job in the propaganda work for the 19th National Congress of the Communist Party of China are the biggest tasks and missions of the current propaganda ideological and cultural front.

　　Defend the soil with responsibility, responsibility and responsibility. The goal of "two hundred years" is ahead. Propaganda and ideological and cultural workers must carry forward the fine traditions, follow the road opened by the national propaganda and ideological work conference, thoroughly study and implement the spirit of the series of important speeches of the Supreme Leader General Secretary and the new ideas, new ideas and new strategies for governing the country, persist in unity and stability, make bigger and stronger positive propaganda, strengthen mainstream ideological and public opinion, inspire people with brilliant achievements, inspire people with bright prospects, sing the strongest voice for the victory of the 19th National Congress of the Communist Party of China, and inspire the whole party and people of all ethnic groups to make new progress.