Economic Overview - The overall economic operation in China remains stable, supported by proactive macro policies and measures to stabilize employment and promote high-quality development [1] - In May, the industrial added value for large-scale enterprises grew by 5.8% year-on-year, while the service production index increased by 6.2%, reflecting a 0.2 percentage point improvement from the previous month [1] - Retail sales of consumer goods in May rose by 6.4% year-on-year, marking the highest growth rate since 2024 [1] - Fixed asset investment showed steady growth in the first five months, with manufacturing investment increasing by 8.5% [1] Energy Supply and Demand - High temperatures in northern China are expected to increase the national peak electricity load by approximately 10 million kilowatts during the summer peak [1] - The National Development and Reform Commission (NDRC) is enhancing electricity supply capabilities and has established energy supply plans for various provinces [2] - 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% [1] Agricultural Production - Summer grain production, which accounts for about 20% of the annual grain output, is crucial, with over 90% being winter wheat [3] - Significant improvements in agricultural irrigation infrastructure have bolstered drought resistance, with over 100 million acres of high-standard farmland established [3] - The comprehensive mechanization rate for crop farming exceeded 75% by the end of last year, with agricultural technology contributing over 63% to production progress [3] Policy Support and Investment - The "Two New" policies have been reinforced, with sales of related products exceeding 1.4 trillion yuan [3] - The first batch of special long-term bonds for equipment upgrades has allocated approximately 173 billion yuan to 7,500 projects across 16 sectors [3] - The NDRC plans to issue the third batch of funds for consumer goods replacement in July, ensuring the orderly implementation of the policy throughout the year [4] Renewable Energy Development - As of the end of May, installed capacities for wind and solar power reached 570 million kilowatts and 1.08 billion kilowatts, respectively, accounting for 45.7% of total installed capacity [4] - The utilization rate of renewable energy remains above 90%, with ongoing efforts to enhance the capacity for renewable energy consumption [4]
国家发展改革委回应当前经济热点 电力度夏有保障 粮食安全有底气
Jing Ji Ri Bao·2025-06-26 22:04