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%, showing a slight increase of 0.3 percentage points compared to the same period last year [1][3] - The contribution rates to economic growth from final consumption expenditure, capital formation, and net exports were 52%, 16.8%, and 31.2% respectively [1] Consumption and Investment - In the second quarter, the contribution rate of final consumption expenditure to GDP growth was 52.3%, slightly up from the first quarter, while capital formation's contribution rate increased to 24.7% [1] - Domestic demand, particularly consumption, is identified as the main driver of GDP growth, with a total contribution rate of 68.8% for the first half of the year [8] Employment and Prices - The monthly survey unemployment rate has remained stable, fluctuating between 5.0% and 5.4% throughout the year [5] - Consumer Price Index (CPI) has shown stability, with a slight increase of 0.1% in June after several months of decline [6] Trade and Foreign Exchange - The international balance of payments is generally stable, with trade in goods reaching record highs, and foreign exchange reserves maintained above 3.2 trillion USD [7] Innovation and New Industries - High-tech industries saw a year-on-year increase of 9.5% in added value, with new industries and technologies continuing to develop rapidly [12] - The digital economy's core industries accounted for approximately 10% of GDP, indicating a strong position compared to developed countries [12] Real Estate Market - The real estate market is showing signs of stabilization, with new housing sales area down by 3.5% year-on-year, but the decline is narrowing compared to previous periods [14] - The funding sources for real estate have improved, with a reduction in the decline of funds available to real estate developers by 16.4 percentage points compared to last year [18]
上半年经济成绩亮眼:GDP同比增长5.3%,消费是主动力;商品房销售降幅比去年同期大幅收窄
Mei Ri Jing Ji Xin Wen·2025-07-15 06:14