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7月经济发展“进”的步伐稳健
Xin Hua Wang·2025-08-15 23:58

Economic Overview - In July, the industrial added value of enterprises above designated size increased by 5.7% year-on-year, indicating stable growth in production supply [3][4] - The total retail sales of consumer goods rose by 3.7% year-on-year in July, with retail sales of goods increasing by 4% [4][6] - The total import and export volume of goods grew by 6.7% year-on-year in July, reflecting resilient foreign trade [4][8] Industrial Growth - The equipment manufacturing industry saw a significant increase, with added value rising by 8.4% in July, outpacing the overall industrial growth rate [4] - High-tech manufacturing also performed well, with added value increasing by 9.3% year-on-year in July [5] - The integrated circuit manufacturing sector experienced a remarkable growth of 26.9% in added value, while the production of new energy vehicles grew by 17.1% [5] Consumer Trends - The implementation of consumption-boosting policies has led to a steady increase in consumer demand, with a projected overall growth of around 5% in retail sales from January to July [6] - Sales of home appliances and audio-visual equipment surged by 28.7%, while furniture and communication equipment also saw significant increases [7] - The service retail sector maintained stability, with double-digit growth in tourism-related services and cultural activities [7] Future Outlook - Despite some fluctuations in economic indicators, the overall trend remains stable, supported by strong economic fundamentals and effective macro policies [8][9] - The International Monetary Fund has raised its growth forecast for China's economy by 0.8 percentage points, reflecting increased confidence from the international community [9] - Continued efforts to stimulate consumption and diversify foreign trade markets are expected to support stable economic growth moving forward [8][9]