7月全国规模以上工业增加值同比增长5.7% 宏观政策显效 经济稳中有进

Economic Overview - In July, the national industrial added value above designated size increased by 5.7% year-on-year, while the total retail sales of consumer goods grew by 3.7% year-on-year. From January to July, fixed asset investment rose by 1.6% year-on-year [1] - The macro policies have shown effectiveness, helping the economy to maintain a stable and progressive development despite external complexities and extreme weather conditions [1] Consumer Market Insights - The retail sales of consumer goods and services combined showed a preliminary estimated growth of around 5% from January to July, indicating a steady expansion of consumption [2] - The "old-for-new" consumption policy has positively impacted sales, with significant year-on-year growth in categories such as home appliances (28.7%), cultural and office supplies (13.8%), furniture (20.6%), and communication equipment (14.9%) [2] - The service retail sector has also seen rapid growth, particularly in cultural and tourism-related services, driven by increased travel demand during the summer [2] Industrial Production Trends - In July, 35 out of 41 major industrial categories reported year-on-year growth, indicating a broad-based recovery in industrial production [4] - High-tech manufacturing added value increased by 9.3% year-on-year, with significant growth in the production of new energy vehicles (17.1%), lithium batteries (29.4%), and wind turbine generators (19.3%) [4] - The production of industrial and service robots also saw substantial increases, with industrial robots up by 24% and service robots by 12.8% [4] Economic Stability Factors - The economic foundation remains strong, with robust advantages and potential, supporting a stable economic operation despite existing risks and challenges [5] - The implementation of more proactive macro policies has expanded production demand and promoted stable economic growth [5] - Expectations for new policies aimed at stabilizing economic development are anticipated, with an acceleration in project funding and infrastructure investment [6]