Core Insights - The average urban survey unemployment rate in China from January to October is 5.2% [1] - In October, the national urban survey unemployment rate decreased to 5.1%, down by 0.1 percentage points from the previous month [1] - The unemployment rate for local registered labor is 5.3%, while the rate for migrant labor is 4.7%, with agricultural migrant labor at 4.5% [1] - The unemployment rate in 31 major cities is 5.1%, also a decrease of 0.1 percentage points from the previous month [1] - The average weekly working hours for employed persons in the country is 48.4 hours [1]

Core Insights - The monitoring of market prices for 50 important production materials across nine categories indicates a mixed trend in prices for early November 2025, with 26 products experiencing price increases, 23 seeing declines, and one remaining stable [1] Price Trends - Cotton (specifically, white cotton grade three) recorded a price of 14,485.8 yuan per ton, which represents a decrease of 19.6 yuan per ton, equating to a decline of 0.1% compared to the previous period [1]

| | 10月 | | 1-10月 | | | --- | --- | --- | --- | --- | | 指 标 | 绝对量 | 同比增长 | 绝对量 | 同比增长 | | | (亿元) | (%) | (亿元) | (%) | | 社会消费品零售总额 | 46291 | 2.9 | 412169 | 4.3 | | 其中:除汽车以外的消费品零售额 | 42036 | 4.0 | 372160 | 4.9 | | 其中:限额以上单位消费品零售额 | 17782 | 1.6 | 164935 | 4.5 | | 其中:实物商品网上零售额 | l | । | 103984 | 6.3 | | 按经营地分 | | | | | | 城镇 | 40021 | 2.7 | 356860 | 4.2 | | 乡村 | 6270 | 4.1 | 55309 | 4.6 | | 按消费类型分 | | | | | | 餐饮收入 | 2199 | 3.8 | 46188 | 3.3 | | 其中:限额以上单位餐饮收入 | 1459 | 3.7 | 13510 | 2.4 | | 商品零售额 | 41092 | 2.8 | 3 ...

Group 1 - The core point of the article indicates that from January to October 2025, the national fixed asset investment (excluding rural households) reached 4,089.14 billion yuan, showing a year-on-year decline of 1.7% [1] - Among the fixed asset investments, private fixed asset investment experienced a year-on-year decrease of 4.5% [1] - On a month-on-month basis, fixed asset investment (excluding rural households) fell by 1.62% in October [1]

Core Insights - The National Bureau of Statistics reported that from January to October, national real estate development investment reached 73,563 billion yuan, representing a year-on-year decline of 14.7% [1] - Residential investment amounted to 56,595 billion yuan, showing a decrease of 13.8% [1] Group 1 - National real estate development investment for the first ten months of the year is 73,563 billion yuan [1] - Year-on-year decline in real estate investment is 14.7% [1] - Residential investment totals 56,595 billion yuan [1] Group 2 - The decline in residential investment is 13.8% year-on-year [1]

（文章来源：国家统计局） 国家统计局：10月规模以上工业增加值同比增长4.9%。 ...

一、房地产开发投资完成情况 1—10月份，全国房地产开发投资73563亿元，同比下降14.7%（按可比口径计算，详见附注6）；其中，住宅投资56595亿元，下降13.8%。 1—10月份，房地产开发企业房屋施工面积652939万平方米，同比下降9.4%。其中，住宅施工面积455253万平方米，下降9.7%。房屋新开工面积49061万平 方米，下降19.8%。其中，住宅新开工面积35952万平方米，下降19.3%。房屋竣工面积34861万平方米，下降16.9%。其中，住宅竣工面积24866万平方米， 下降18.9%。 二、新建商品房销售和待售情况 1—10月份，新建商品房销售面积71982万平方米，同比下降6.8%；其中住宅销售面积下降7.0%。新建商品房销售额69017亿元，下降9.6%；其中住宅销售额 下降9.4%。 10月末，商品房待售面积75606万平方米，比9月末减少322万平方米。其中，住宅待售面积减少292万平方米。 三、房地产开发企业到位资金情况 1—10月份，房地产开发企业到位资金78853亿元，同比下降9.7%。其中，国内贷款12160亿元，下降1.8%；利用外资19亿元，下降37.5%；自 ...

（2025年11月14日） 国家统计局 10月份，在以习近平同志为核心的党中央坚强领导下，各地区各部门认真贯彻落实党中央、国务院决策部署，坚持稳中求进工作总基调，加力稳就业、稳企 业、稳市场、稳预期，纵深推进全国统一大市场建设，积极畅通国内国际双循环，生产供给基本平稳，就业总体稳定，物价有所改善，新动能培育壮大，国 民经济保持总体平稳、稳中有进发展态势。 一、工业生产持续增长，装备制造业和高技术制造业增势较好 10月份，全国规模以上工业增加值同比增长4.9%，环比增长0.17%。分三大门类看，采矿业增加值同比增长4.5%，制造业增长4.9%，电力、热力、燃气及水 生产和供应业增长5.4%。装备制造业增加值同比增长8.0%，高技术制造业增加值增长7.2%，分别快于全部规模以上工业增加值3.1和2.3个百分点。分经济类 型看，国有控股企业增加值同比增长6.7%；股份制企业增长5.2%，外商及港澳台投资企业增长4.0%；私营企业增长2.1%。分产品看，3D打印设备、新能源 汽车、工业机器人产品产量同比分别增长30.8%、19.3%、17.9%。1-10月份，全国规模以上工业增加值同比增长6.1%。10月份，制造业采 ...

Economic Overview - In October, the value added of the mining industry increased by 4.5%, manufacturing by 4.9%, and the production and supply of electricity, heat, gas, and water by 5.4% [2] - The overall industrial value added for the first ten months of 2025 showed a growth of 6.1% [5] By Economic Type - In October, state-controlled enterprises saw a value added growth of 6.7%, joint-stock enterprises grew by 5.2%, foreign and Hong Kong, Macau, and Taiwan-invested enterprises increased by 4.0%, while private enterprises grew by 2.1% [2][5] By Industry - Out of 41 major industries, 29 experienced year-on-year growth in value added in October. Notable growths included coal mining and washing at 6.5%, chemical raw materials and products at 7.1%, and automotive manufacturing at 16.8% [2][5] - The beverage and refined tea manufacturing sector saw a decline of 1.9%, while the non-metallic mineral products industry decreased by 3.2% [2] Product Output - Among 623 industrial products, 313 saw a year-on-year increase in output in October. Key outputs included steel at 11,864 million tons (down 0.9%), cement at 14,775 million tons (down 15.8%), and automobiles at 3.279 million units (up 11.2%) [3][5] - New energy vehicles specifically grew by 19.3% to 1.71 million units [3] Sales and Exports - The sales rate for industrial enterprises above designated size was 96.4%, a decrease of 1.0 percentage points year-on-year [4] - The export delivery value for industrial enterprises was 1,324.5 billion yuan, reflecting a nominal decline of 2.1% year-on-year [4]

Group 1: Coal, Oil, and Natural Gas Production - In October, the production of raw coal in large-scale industries reached 410 million tons, a year-on-year decrease of 2.3%, with an average daily output of 13.12 million tons [2] - From January to October, the total raw coal production was 3.97 billion tons, reflecting a year-on-year increase of 1.5% [2] - The oil production in large-scale industries for the first ten months was 18.064 million tons, showing a year-on-year growth of 1.7% [4] - In October, the crude oil processing volume was 63.43 million tons, a year-on-year increase of 6.4%, with a daily average processing of 2.046 million tons [4] - The total crude oil processing from January to October was 614.24 million tons, up 4.0% year-on-year [4] - Natural gas production in October was 22.1 billion cubic meters, with a year-on-year growth of 5.9%, although the growth rate slowed by 3.5 percentage points compared to September [8] - From January to October, the total natural gas production was 217 billion cubic meters, reflecting a year-on-year increase of 6.3% [8] Group 2: Electricity Production - In October, the electricity generation in large-scale industries reached 800.2 billion kilowatt-hours, a year-on-year increase of 7.9%, accelerating by 6.4 percentage points compared to September [10] - The average daily electricity generation was 25.81 billion kilowatt-hours [10] - From January to October, the total electricity generation was 8.0625 trillion kilowatt-hours, showing a year-on-year growth of 2.3% [10] - By type, in October, thermal power generation increased by 7.3% year-on-year, reversing a decline of 5.4% in September; hydropower generation grew by 28.2%, but the growth rate slowed by 3.7 percentage points; nuclear power generation increased by 4.2%, accelerating by 2.6 percentage points; wind power generation saw a decline of 11.9%, with the decline rate expanding by 4.3 percentage points; solar power generation increased by 5.9%, but the growth rate slowed by 15.2 percentage points [10]