生产需求持续增长，消费潜力继续释放，新质生产力培育壮大——7月经济发展“进”的步伐稳健

Economic Performance Overview - In July, the industrial added value above designated size increased by 5.7% year-on-year, indicating stable growth in production supply [1][2] - The total retail sales of consumer goods rose by 3.7% year-on-year, reflecting a steady increase in consumption [1][2] - The total import and export of goods grew by 6.7% year-on-year, showing resilience in foreign trade [1][2] Industrial Growth - The equipment manufacturing industry saw a significant increase, with added value rising by 8.4% year-on-year, outpacing the overall industrial growth rate [2] - High-tech manufacturing also performed well, with added value increasing by 9.3% year-on-year, continuing to exceed the industrial growth rate [3] - The integrated circuit manufacturing sector experienced a remarkable growth of 26.9% year-on-year, while the production of new energy vehicles increased by 17.1% [3] Consumer Market Dynamics - The implementation of consumption-boosting policies has effectively stimulated demand, with retail sales of household appliances and audio-visual equipment increasing by 28.7% year-on-year [4] - Service retail, particularly in tourism and cultural sectors, has shown robust growth, with various service categories maintaining double-digit growth rates [4] - Overall, the combined retail of goods and services is estimated to have grown by around 5% year-on-year from January to July, indicating a stable upward trend in consumption [4][5] Future Economic Outlook - Despite some fluctuations in economic indicators, the overall trend remains stable, with employment and prices under control [6][7] - The macroeconomic policies are expected to continue supporting economic stability and growth, with a focus on expanding market demand and enhancing new productive forces [7][8] - 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 [8]