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国新证券:宏观政策适时加力 巩固拓展经济回升向好势头
Zhong Zheng Wang·2025-07-31 12:45

Core Viewpoint - The macroeconomic policy is expected to continue to strengthen, with a projected GDP growth of around 5.0% in the second half of the year [1] Economic Indicators - In the first half of the year, major economic indicators showed positive performance, with GDP growing by 5.3% year-on-year, an increase of 0.3 percentage points compared to both the same period last year and the entire previous year [1] - The total retail sales of consumer goods increased by 5.0% year-on-year [1] - Fixed asset investment (excluding rural households) grew by 2.8% year-on-year [1] - Exports rose by 7.2% year-on-year [1] - The employment situation remained generally stable, and residents' income showed steady growth, indicating a sustained positive trend in economic operations [1]