Core Insights - National fixed asset investment (excluding rural households) reached 288,229 billion yuan from January to July 2025, showing a year-on-year growth of 1.6% [1][5] - Private fixed asset investment declined by 1.5% year-on-year during the same period [1][5] - In July 2025, fixed asset investment (excluding rural households) decreased by 0.63% month-on-month [1] Investment by Industry - First industry investment totaled 5,646 billion yuan, with a year-on-year increase of 5.6% [3][5] - Second industry investment reached 104,455 billion yuan, growing by 8.9% [3][5] - Third industry investment was 178,128 billion yuan, experiencing a decline of 2.3% [3][5] Second Industry Breakdown - Industrial investment within the second industry grew by 9.0% year-on-year [4] - Mining investment increased by 3.0%, manufacturing investment rose by 6.2%, and investment in electricity, heat, gas, and water production and supply surged by 21.5% [4] Third Industry Insights - Infrastructure investment (excluding electricity, heat, gas, and water production and supply) in the third industry grew by 3.2% [4] - Notable increases in water transportation investment (18.9%), water conservancy management investment (12.6%), and railway transportation investment (5.9%) were observed [4] Regional Investment Trends - Eastern region investment declined by 2.4%, while the central region saw a growth of 3.2%, and the western region increased by 3.6% [4] - Northeast region investment decreased by 3.0% [4] Investment by Registration Type - Domestic enterprise fixed asset investment grew by 1.7%, while investment from Hong Kong, Macau, and Taiwan enterprises increased by 3.5% [4] - Foreign enterprise fixed asset investment saw a significant decline of 15.7% [4]

Economic Performance - In July, the mining industry added value increased by 5.0% year-on-year, manufacturing grew by 6.2%, and the electricity, heat, gas, and water production and supply industry grew by 3.3% [2] - State-owned enterprises' added value increased by 5.4%, joint-stock enterprises grew by 6.5%, foreign and Hong Kong, Macao, and Taiwan-invested enterprises increased by 2.8%, and private enterprises grew by 5.0% [2] Industry Analysis - Out of 41 major industries, 35 maintained year-on-year growth in added value in July. Key sectors included coal mining and washing (4.2% growth), oil and gas extraction (4.1% growth), and agricultural and sideline food processing (5.6% growth) [2] - Notable growth was observed in black metal smelting and rolling (8.6%), non-ferrous metal smelting and rolling (6.8%), general equipment manufacturing (8.4%), and automotive manufacturing (8.5%) [2] Product Output - Among 623 industrial products, 335 saw year-on-year output growth in July. Steel production reached 12.295 million tons (6.4% growth), cement production was 14.557 million tons (5.6% decline), and automotive production was 2.51 million units (8.4% growth) [3] - New energy vehicles saw significant growth of 17.1%, with production reaching 1.176 million units [3] Sales and Exports - The sales rate for products from large-scale industrial enterprises was 97.1%, a decrease of 0.2 percentage points year-on-year [4] - The export delivery value for large-scale industrial enterprises was 1.2904 trillion yuan, reflecting a nominal year-on-year growth of 0.8% [4]

Core Insights - In July, China's crude steel production reached 79.66 million tons, a year-on-year decrease of 4.0% [1] - Cumulative crude steel production from January to July was 594.47 million tons, down 3.1% year-on-year [1] - In July, steel product output was 122.95 million tons, showing a year-on-year increase of 6.4% [1] - Cumulative steel product output from January to July was 860.47 million tons, up 5.1% year-on-year [1]

二、新建商品房销售和待售情况 1—7月份，新建商品房销售面积51560万平方米，同比下降4.0%；其中住宅销售面积下降4.1%。新建商品房销售额49566亿元，下降6.5%；其中住宅销售额 下降6.2%。 国家统计局发布2025年1—7月份全国房地产市场基本情况。 一、房地产开发投资完成情况 1—7月份，全国房地产开发投资53580亿元，同比下降12.0%（按可比口径计算，详见附注6）；其中，住宅投资41208亿元，下降10.9%。 1—7月份，房地产开发企业房屋施工面积638731万平方米，同比下降9.2%。其中，住宅施工面积445107万平方米，下降9.4%。房屋新开工面积35206万平方 米，下降19.4%。其中，住宅新开工面积25881万平方米，下降18.3%。房屋竣工面积25034万平方米，下降16.5%。其中，住宅竣工面积18067万平方米，下 降17.3%。 1—7月份，房地产开发企业到位资金57287亿元，同比下降7.5%。其中，国内贷款9207亿元，增长0.1%；利用外资17亿元，增长3.2%；自筹资金23230亿 元，下降8.5%；定金及预收款16815亿元，下降9.9%；个人按揭贷款79 ...

国家统计局数据显示：2025年7月，中国粗钢产量7966万吨，同比下降4.0%；生铁产量7080万吨，同比 下降1.4%；钢材产量12295万吨，同比增长6.4%。 1-7月，中国粗钢产量59447万吨，同比下降3.1%；生铁产量50583万吨，同比下降1.3%；钢材产量86047 万吨，同比增长5.1%。 ...

Group 1: Production Overview - In July, the production of raw coal in large-scale industries decreased, while crude oil production remained stable, and the growth rate of natural gas and electricity production accelerated [1] - The output of raw coal in July was 380 million tons, a year-on-year decrease of 3.8%, with an average daily output of 12.29 million tons. From January to July, the total output was 2.78 billion tons, a year-on-year increase of 3.8% [2] - Crude oil production in July was 18.12 million tons, a year-on-year increase of 1.2%, with a daily average of 585,000 tons. From January to July, the total output was 126.6 million tons, a year-on-year increase of 1.3% [4] - Natural gas production in July reached 21.6 billion cubic meters, a year-on-year increase of 7.4%, with a daily average of 700 million cubic meters. From January to July, the total output was 152.5 billion cubic meters, a year-on-year increase of 6.0% [8] Group 2: Electricity Production - Electricity production in large-scale industries accelerated in July, with a total generation of 926.7 billion kilowatt-hours, a year-on-year increase of 3.1%, and an average daily generation of 29.89 billion kilowatt-hours. From January to July, the total generation was 5,470.3 billion kilowatt-hours, a year-on-year increase of 1.3% [10] - In July, the growth rates of thermal power, wind power, and solar power generation increased, while hydropower experienced a larger decline, and nuclear power growth slowed. Specifically, thermal power increased by 4.3%, hydropower decreased by 9.8%, nuclear power grew by 8.3%, wind power increased by 5.5%, and solar power surged by 28.7% [10]

Group 1: Overall Retail Performance - In July, the total retail sales of consumer goods reached 38,780 billion yuan, with a year-on-year growth of 3.7% [1] - From January to July, the total retail sales of consumer goods amounted to 284,238 billion yuan, growing by 4.8% [1] Group 2: Breakdown by Location - In July, urban retail sales were 33,620 billion yuan, reflecting a year-on-year increase of 3.6%, while rural retail sales were 5,160 billion yuan, growing by 3.9% [3] - For the period of January to July, urban retail sales totaled 246,669 billion yuan, with a growth rate of 4.8%, and rural retail sales reached 37,569 billion yuan, increasing by 4.7% [3] Group 3: Breakdown by Consumption Type - In July, the retail sales of goods were 34,276 billion yuan, showing a year-on-year growth of 4.0%, while catering revenue was 4,504 billion yuan, with a growth of 1.1% [4] - From January to July, the retail sales of goods amounted to 252,254 billion yuan, growing by 4.9%, and catering revenue reached 31,984 billion yuan, increasing by 3.8% [4] Group 4: Retail Formats and Online Sales - From January to July, retail sales in convenience stores, supermarkets, department stores, specialty stores, and brand stores grew by 7.0%, 5.2%, 1.1%, 5.8%, and 1.9% respectively [6] - The national online retail sales for the first seven months reached 86,835 billion yuan, with a year-on-year growth of 9.2%, and the physical goods online retail sales were 70,790 billion yuan, growing by 6.3% [6] - Online retail sales of food, clothing, and daily necessities increased by 14.7%, 1.7%, and 5.8% respectively [6]

1—7月份，房地产开发企业房屋施工面积638731万平方米，同比下降9.2%。其中，住宅施工面积445107万平方米，下降9.4%。房屋新开工面积35206万平方 米，下降19.4%。其中，住宅新开工面积25881万平方米，下降18.3%。房屋竣工面积25034万平方米，下降16.5%。其中，住宅竣工面积18067万平方米，下 降17.3%。 二、新建商品房销售和待售情况 1—7月份，新建商品房销售面积51560万平方米，同比下降4.0%；其中住宅销售面积下降4.1%。新建商品房销售额49566亿元，下降6.5%；其中住宅销售额 下降6.2%。 一、房地产开发投资完成情况 1—7月份，全国房地产开发投资53580亿元，同比下降12.0%（按可比口径计算，详见附注6）；其中，住宅投资41208亿元，下降10.9%。 7月末，商品房待售面积76486万平方米，比6月末减少462万平方米。其中，住宅待售面积减少285万平方米。 三、房地产开发企业到位资金情况 1—7月份，房地产开发企业到位资金57287亿元，同比下降7.5%。其中，国内贷款9207亿元，增长0.1%；利用外资17亿元，增长3.2%；自筹资金2323 ...

（文章来源：国家统计局） 国家统计局数据显示，7月份，规上工业天然气产量216亿立方米，同比增长7.4%，增速比6月份加快2.8 个百分点；日均产量7.0亿立方米。1—7月份，规上工业天然气产量1525亿立方米，同比增长6.0%。 ...

国家统计局数据显示，2025年7月份有色金属冶炼和压延加工业增加值同比增长6.8%，1-7月累计增加值 同比增长7.4%；7月份十种有色金属产量为681万吨，同比增长2.2%；1-7月累计产量为4739万吨，累计 同比增长2.8%。其中电解铝7月份产量为378万吨，同比增长0.6%；1-7月电解铝产量为2638万吨，累计 同比增长2.8%。 | 2025年7月份规模以上工业生产主要数据 | | --- | 资讯编辑：冯诗奇 021-26093556 资讯监督：乐卫扬 021-26093827 资讯投诉：陈跃进 021-26093100 | | 7月 | | 1-7月 | | | --- | --- | --- | --- | --- | | 指标 | 绝对重 | 同比增长 | 绝对童 | 同比增长 | | | | (%) | | (%) | | 规模以上工业增加值 | : | 5.7 | : | 6.3 | | 分三大门类 | | | | | | 老乱,不 | : | 5.0 | : | 5.8 | | 制造业 | : | 6.2 | : | 6.9 | | 其中:高技术制造业 | : | 9.3 | : | ...