Workflow
中国经济运行总体平稳(锐财经)
Ren Min Ri Bao·2025-06-26 20:53

Economic Outlook - The external environment for China's economy is increasingly complex and uncertain, but the overall economic operation remains stable due to proactive macro policies and measures to stabilize employment and promote high-quality development [2][3] - International investment banks have raised their economic forecasts for China despite global economic growth predictions being downgraded by organizations like the World Bank and OECD [3] Economic Performance - In May, the industrial added value for large enterprises grew by 5.8% year-on-year, while the service production index increased by 6.2%, reflecting a stable growth in industrial and service sectors [2] - Retail sales of consumer goods rose by 6.4% year-on-year in May, marking the highest growth rate in 2024, and fixed asset investment showed steady growth with manufacturing investment increasing by 8.5% [2] Employment and Social Welfare - The "Work for Relief" program aims to enhance employment and income for key groups, with a central investment of 16.5 billion yuan allocated to support over 3,900 projects, potentially benefiting 380,000 individuals [4] - The program will expand its scope to include small infrastructure projects in rural areas, providing more job opportunities close to home [4] Energy Supply and Demand - The peak electricity load during the summer is expected to increase by approximately 10 million kilowatts compared to last year, prompting measures to enhance energy supply capabilities [7] - As of the end of May, the total installed power generation capacity reached 3.61 billion kilowatts, a year-on-year increase of 18.8%, ensuring a more efficient power transmission [7] - The overall power supply and demand situation is better than last year, with coordinated efforts to ensure energy supply during high-temperature periods [7][8]