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observed. 'GDP accounting method of production method is used to calculate the GDP from the industrial point of view, into a production, the secondary industry, tertiary industry added value of secondary industry can be divided into value added industry and construction, three production can into value-added financial, transport and other service industries, and they are considered an increase in value, and then add the total. overall, China is not to be underestimated deflator, GDP was overvalued situation exists, is objectively reflect the actual situation. 'Sheng Wan said. Focus 2 real estate market investment growth or decline in the 15th National Bureau of Statistics released data indicate that in the first half, the national real estate development and investment 4.3955 trillion yuan, up 4.6% nominal growth (after deducting price factors, the actual growth of 5.7%), higher than a down 3.9 percentage points quarter, residential investment rose 2.8%. New housing construction area of ​â€\x8B674.79 million square meters, down 15.8%, residential new construction area fell 17.3%. Real estate development company purchased the land area of ​â€\x8B98 million square meters, down 33.8%. At end-June, the national real estate for sale area of ​â€\x8B657.38 million square meters, an increase of 20.8%. In this regard, Sheng Yun said, from the growth rate observed quarter, real estate investment growth is still in decline, but monthly changes observed from the perspective of real estate should be said there have been positive changes in the second quarter, has two main characteristics: First, real estate policy support under the warming trend is very clear, real estate sales in the first half grew by 3.9%, from negative to positive in the first quarter was down 9.2% in the first half has been a positive. Therefore, the momentum is very good. Second, the trend more obvious differentiation. Situation better or first-tier cities and a handful of second-tier cities because these cities just need to improve demand and relatively strong. However, most of the second-tier cities, third-tier cities, especially the four-tier cities, due to the original real estate stocks is relatively large, it needs to have a digestive process. Focus 3 stock market volatility has the ability to prevent the occurrence of regional risk at the press conference, a reporter asked, 'recent stock market volatility will not affect the second half or the current economic situation in China,' In this regard, Sheng Yun, said the stock market, capital market stable and healthy development of the national economy stable