消费政策继续加力、更大力度推动房地产市场止跌回稳，国新办发布会详解下半年经济重点

Economic Overview - The GDP for the first half of the year reached 66,053.6 billion yuan, with a year-on-year growth of 5.3% [1] - The first industry added value was 31.17 billion yuan (3.7% growth), the second industry 239.05 billion yuan (5.3% growth), and the third industry 390.31 billion yuan (5.5% growth) [1] Stability in Economic Performance - The economic performance in the first half of the year showed stability, with GDP growth of 5.4% in Q1 and 5.2% in Q2, marking a 0.3 percentage point increase compared to the same period last year [2] - The unemployment rate remained stable, fluctuating between 5.0% and 5.4% throughout the year [2] - Consumer Price Index (CPI) showed a slight decline in several months, with June seeing a return to positive growth at 0.1% [2] - International trade reached new highs, with foreign exchange reserves maintained above 3.2 trillion USD [2] Consumer Market Dynamics - Consumption contributed 52% to economic growth in the first half of the year [3] - The total retail sales of consumer goods reached 24.55 trillion yuan, growing by 5% year-on-year, with Q2 growth accelerating to 5.4% [3] - Key trends in consumption included a rise in service sector consumption (5.3% growth), increased holiday spending, and a surge in demand for upgraded products such as sports goods (22.2% growth) and jewelry (11.3% growth) [3] - Green consumption is becoming a trend, with significant growth in electric vehicles and energy-efficient appliances [3] - The tourism sector is also seeing a boost, particularly with the expansion of visa-free travel [3] Real Estate Market Recovery - The real estate market is showing signs of stabilization, with a narrowing decline in new housing sales [4] - New housing sales area decreased by 3.5%, a reduction of 15.5 percentage points compared to the previous year, while sales value fell by 5.5%, narrowing by 19.5 percentage points [4] - The decline in housing prices is also slowing, with some cities experiencing price increases [4] - Funding for real estate development has improved, with a 16.4 percentage point reduction in funding decline compared to the previous year [5] - The market is in a transitional phase, requiring further efforts to stabilize and recover [5]